IST:AKFYE Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	5,796	6,672	6,300	4,938	1,291
Revenue Growth (YoY)	-13.13%	5.91%	27.58%	282.47%	26.17%
Operations & Maintenance	532.01	574.39	421.33	296.87	80.46
Selling, General & Admin	364.83	325.1	198.38	113.77	33.11
Other Operating Expenses	3,497	3,497	2,717	7,270	523.93
Total Operating Expenses	4,394	4,396	3,337	7,681	637.5
Operating Income	1,402	2,276	2,963	-2,743	653.54
Interest Expense	-632.84	-1,342	-1,485	-1,945	-469.32
Interest Income	136.64	223.21	186.8	148.33	33.66
Net Interest Expense	-496.19	-1,118	-1,298	-1,796	-435.66
Currency Exchange Gain (Loss)	-1,352	-1,536	-1,341	-640.91	143.16
Other Non-Operating Income (Expenses)	-244.97	743.96	1,820	2,867	-43.89
EBT Excluding Unusual Items	-691.37	365.65	2,143	-2,314	317.15
Gain (Loss) on Sale of Investments	-	-108.63	-	-	-91.14
Asset Writedown	1,335	-1,646	2,742	-	-
Insurance Settlements	15.76	3.45	59.88	254.97	47.86
Legal Settlements	-	-	-0.79	-0.52	-1.28
Pretax Income	659.2	-1,385	4,944	-2,059	272.58
Income Tax Expense	-1,293	-1,607	-1,626	-483.46	-132.16
Earnings From Continuing Ops.	1,952	221.99	6,570	-1,576	404.75
Minority Interest in Earnings	-2.12	-16.02	-1.5	-0.69	3.33
Net Income	1,950	205.97	6,568	-1,576	408.07
Net Income to Common	1,950	205.97	6,568	-1,576	408.07
Net Income Growth	846.64%	-96.86%	-	-	-
Shares Outstanding (Basic)	1,191	1,351	1,016	1,016	1,016
Shares Outstanding (Diluted)	1,191	1,351	1,016	1,016	1,016
Shares Change (YoY)	-11.80%	32.94%	-	-	0.74%
EPS (Basic)	1.64	0.15	6.46	-1.55	0.40
EPS (Diluted)	1.64	0.15	6.46	-1.55	0.40
EPS Growth	991.11%	-97.68%	-	-	-
Free Cash Flow	-1,337	-994.2	1,851	3,154	1,321
Free Cash Flow Per Share	-1.12	-0.74	1.82	3.10	1.30
Profit Margin	33.64%	3.09%	104.27%	-31.92%	31.61%
Free Cash Flow Margin	-23.07%	-14.90%	29.38%	63.88%	102.30%
EBITDA	3,139	3,763	4,029	-1,898	962.6
EBITDA Margin	54.15%	56.40%	63.96%	-38.44%	74.56%
D&A For EBITDA	1,737	1,487	1,067	845.11	309.06
EBIT	1,402	2,276	2,963	-2,743	653.54
EBIT Margin	24.19%	34.11%	47.03%	-55.55%	50.62%

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