IST:AHGAZ Income Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	29,035	26,180	28,902	23,481	3,700
Other Revenue	5,972	4,025	35.86	-	-
Revenue	35,007	30,205	28,938	23,481	3,700
Revenue Growth (YoY)	20.97%	4.38%	23.24%	534.63%	-
Operations & Maintenance	18.86	15.58	4.21	3.06	1
Selling, General & Admin	2,388	2,072	788.28	296.02	128.52
Other Operating Expenses	28,949	25,415	26,809	21,801	3,212
Total Operating Expenses	31,356	27,503	27,602	22,100	3,341
Operating Income	3,650	2,701	1,336	1,381	358.89
Interest Expense	-568.72	-506.36	-140.44	-319.81	-253.36
Interest Income	1,996	2,354	6,585	1,583	101.04
Net Interest Expense	1,427	1,847	6,445	1,263	-152.32
Currency Exchange Gain (Loss)	-409.29	-42.04	-541.39	-85.51	-46.14
Other Non-Operating Income (Expenses)	-792.87	-1,275	1,078	888.08	-214.24
EBT Excluding Unusual Items	3,875	3,232	8,318	3,447	-53.82
Gain (Loss) on Sale of Investments	0.15	-1.82	-68.36	-77.88	-0.13
Insurance Settlements	-	-	-	-	1.48
Legal Settlements	-1.17	-1.17	-3.61	-7.79	0.75
Pretax Income	3,874	3,229	8,246	3,362	-51.73
Income Tax Expense	1,197	409.59	2,295	649.85	-206.5
Earnings From Continuing Ops.	2,678	2,819	5,951	2,712	154.77
Minority Interest in Earnings	-1,092	-1,055	-1,473	-108.43	-24.01
Net Income	1,586	1,764	4,478	2,603	130.76
Net Income to Common	1,586	1,764	4,478	2,603	130.76
Net Income Growth	-64.58%	-60.60%	72.01%	1890.92%	-
Shares Outstanding (Basic)	2,600	2,600	1,498	2,600	2,106
Shares Outstanding (Diluted)	2,600	2,600	1,498	2,600	2,106
Shares Change (YoY)	73.59%	73.59%	-42.39%	23.44%	-
EPS (Basic)	0.61	0.68	2.99	1.00	0.06
EPS (Diluted)	0.61	0.68	2.99	1.00	0.06
EPS Growth	-79.59%	-77.30%	198.59%	1512.85%	-
Free Cash Flow	3,197	-2,376	5,584	-298.87	18.97
Free Cash Flow Per Share	1.23	-0.91	3.73	-0.12	0.01
Dividend Per Share	-	-	0.019	-	-
Profit Margin	4.53%	5.84%	15.47%	11.09%	3.53%
Free Cash Flow Margin	9.13%	-7.87%	19.30%	-1.27%	0.51%
EBITDA	5,423	4,559	2,058	1,753	444.46
EBITDA Margin	15.49%	15.10%	7.11%	7.47%	12.01%
D&A For EBITDA	1,773	1,858	721.75	371.92	85.58
EBIT	3,650	2,701	1,336	1,381	358.89
EBIT Margin	10.43%	8.94%	4.62%	5.88%	9.70%
Effective Tax Rate	30.88%	12.68%	27.83%	19.33%	-

Source: S&P Global Market Intelligence. Utility template. Financial Sources.