Aksigorta A.S. 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
Premiums & Annuity Revenue	11,270	10,277	7,677	4,912	3,294
Total Interest & Dividend Income	1,922	1,166	881.37	418.57	372.07
Gain (Loss) on Sale of Investments	2,880	2,786	1,089	607.86	128.25
Other Revenue	27.81	387.49	129.24	153.5	192.19
Total Revenue	16,099	14,617	9,776	6,092	3,986
Revenue Growth (YoY)	10.14%	49.51%	60.48%	52.82%	26.27%
Policy Benefits	8,339	8,983	6,553	5,299	3,071
Depreciation & Amortization	284.76	165.26	93.72	61.1	43.92
Selling, General & Administrative	3,865	2,846	1,933	1,063	670.63
Other Operating Expenses	1,739	1,199	868.92	440.7	202.72
Total Operating Expenses	14,228	13,194	9,448	6,864	3,989
Operating Income	1,870	1,423	328.08	-771.98	-2.4
Currency Exchange Gain (Loss)	640	417.65	908.72	442.6	249.47
Other Non Operating Income (Expenses)	65.06	31.13	21.89	16.75	4.74
EBT Excluding Unusual Items	2,576	1,872	1,259	-312.62	251.81
Pretax Income	2,576	1,872	1,259	-312.62	251.81
Income Tax Expense	89.74	15.58	73.52	-185.28	62.41
Net Income	2,486	1,857	1,185	-127.35	189.4
Net Income to Common	2,486	1,857	1,185	-127.35	189.4
Net Income Growth	33.89%	56.65%	-	-	-57.34%
Shares Outstanding (Basic)	1,612	1,612	1,612	1,612	612
Shares Outstanding (Diluted)	1,612	1,612	1,612	1,612	612
Shares Change (YoY)	-	-	-	163.40%	-
EPS (Basic)	1.54	1.15	0.74	-0.08	0.31
EPS (Diluted)	1.54	1.15	0.74	-0.08	0.31
EPS Growth	33.89%	56.65%	-	-	-57.34%
Free Cash Flow	6,999	3,983	2,032	1,234	484.55
Free Cash Flow Per Share	4.34	2.47	1.26	0.77	0.79
Operating Margin	11.62%	9.74%	3.36%	-12.67%	-0.06%
Profit Margin	15.44%	12.70%	12.12%	-2.09%	4.75%
Free Cash Flow Margin	43.48%	27.25%	20.78%	20.25%	12.16%
EBITDA	2,090	1,555	409.38	-723.03	33.13
EBITDA Margin	12.98%	10.64%	4.19%	-11.87%	0.83%
D&A For EBITDA	219.82	131.43	81.3	48.95	35.53
EBIT	1,870	1,423	328.08	-771.98	-2.4
EBIT Margin	11.62%	9.74%	3.36%	-12.67%	-0.06%
Effective Tax Rate	3.48%	0.83%	5.84%	-	24.78%

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