IST:AKENR 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	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	16,793	25,485	34,178	32,710	3,918	2,188
Revenue Growth (YoY)	-62.38%	-25.44%	4.49%	734.90%	79.10%	19.98%
Operations & Maintenance	409.78	465.79	543.43	279.82	103.54	34.39
Selling, General & Admin	631.39	648.6	501.46	254.85	92.93	61.62
Other Operating Expenses	16,646	24,594	31,232	30,010	3,202	1,956
Total Operating Expenses	17,687	25,708	32,277	30,544	3,398	2,052
Operating Income	-894.54	-223.58	1,901	2,166	519.4	135.42
Interest Expense	-1,530	-2,007	-2,692	-2,030	-774.85	-562.36
Interest Income	456.51	359.02	449.05	237.21	24.4	12.19
Net Interest Expense	-1,073	-1,648	-2,243	-1,792	-750.45	-550.17
Currency Exchange Gain (Loss)	-3,380	-2,682	-8,175	-4,232	-2,569	-684.51
Other Non-Operating Income (Expenses)	4,195	6,483	11,712	9,830	-76.95	-61.34
EBT Excluding Unusual Items	-1,153	1,929	3,194	5,971	-2,877	-1,161
Gain (Loss) on Sale of Investments	-4,976	-5,004	-95.34	-4,021	-0.05	-
Insurance Settlements	-	-	-	61.32	0.21	1.43
Legal Settlements	-2.88	8.17	-0.69	-17.18	-1.02	-2.73
Pretax Income	-6,132	-3,066	3,098	1,994	-2,878	-1,162
Income Tax Expense	-635.29	231.57	-4,178	-110.54	-348.07	-77.09
Net Income	-5,497	-3,298	7,276	2,105	-2,530	-1,085
Net Income to Common	-5,497	-3,298	7,276	2,105	-2,530	-1,085
Net Income Growth	-	-	245.68%	-	-	-
Shares Outstanding (Basic)	729	729	729	729	729	729
Shares Outstanding (Diluted)	729	729	729	729	729	729
EPS (Basic)	-7.54	-4.52	9.98	2.89	-3.47	-1.49
EPS (Diluted)	-7.54	-4.52	9.98	2.89	-3.47	-1.49
EPS Growth	-	-	245.68%	-	-	-
Free Cash Flow	801.39	1,953	3,139	3,313	874.72	350.67
Free Cash Flow Per Share	1.10	2.68	4.31	4.54	1.20	0.48
Profit Margin	-32.73%	-12.94%	21.29%	6.44%	-64.58%	-49.59%
Free Cash Flow Margin	4.77%	7.66%	9.19%	10.13%	22.33%	16.03%
EBITDA	695.03	1,797	3,945	3,553	780.35	424.74
EBITDA Margin	4.14%	7.05%	11.54%	10.86%	19.92%	19.42%
D&A For EBITDA	1,590	2,021	2,044	1,387	260.95	289.32
EBIT	-894.54	-223.58	1,901	2,166	519.4	135.42
EBIT Margin	-5.33%	-0.88%	5.56%	6.62%	13.26%	6.19%

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