IST:AKSUE 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	54.81	62.39	73.63	64.33	17.3	14.53
Revenue Growth (YoY)	-34.07%	-15.27%	14.45%	271.84%	19.11%	25.38%
Operations & Maintenance	0.61	0.51	0.39	0.86	0.17	0.15
Selling, General & Admin	10.84	12.32	9.7	5.24	3.81	2.11
Other Operating Expenses	45.88	47.39	46.25	29.07	4.77	4.31
Total Operating Expenses	57.33	60.22	56.34	35.18	8.74	6.57
Operating Income	-2.52	2.17	17.29	29.16	8.56	7.96
Interest Expense	-4.29	-7.48	-18.26	-19.11	-6.43	-3.46
Interest Income	3.85	16.61	42.46	2.57	3.79	2.19
Net Interest Expense	-0.44	9.13	24.2	-16.54	-2.63	-1.27
Currency Exchange Gain (Loss)	1.21	-9.07	-51.59	-29.42	-24.46	-14.23
Other Non-Operating Income (Expenses)	13.48	17.18	115.99	109.28	-	-
EBT Excluding Unusual Items	11.73	19.41	105.89	92.48	-18.54	-7.54
Gain (Loss) on Sale of Investments	-	-	-0.01	-1.34	-	-
Pretax Income	11.73	19.41	105.88	91.14	-18.54	-7.54
Income Tax Expense	26.41	27.78	13.8	91.53	0.3	0.6
Net Income	-14.67	-8.38	92.08	-0.39	-18.84	-8.14
Net Income to Common	-14.67	-8.38	92.08	-0.39	-18.84	-8.14
Shares Outstanding (Basic)	66	62	33	33	33	17
Shares Outstanding (Diluted)	66	62	33	33	33	17
Shares Change (YoY)	23.83%	86.58%	-	-	100.00%	-
EPS (Basic)	-0.22	-0.14	2.79	-0.01	-0.57	-0.49
EPS (Diluted)	-0.22	-0.14	2.79	-0.01	-0.57	-0.49
Free Cash Flow	15.4	14.35	62.23	-48.86	9.45	11.37
Free Cash Flow Per Share	0.23	0.23	1.89	-1.48	0.29	0.69
Profit Margin	-26.77%	-13.43%	125.06%	-0.60%	-108.88%	-56.04%
Free Cash Flow Margin	28.09%	23.00%	84.53%	-75.95%	54.61%	78.31%
EBITDA	-5.05	13.6	28.31	46.36	11.02	10.99
EBITDA Margin	-9.22%	21.80%	38.45%	72.06%	63.70%	75.68%
D&A For EBITDA	-2.53	11.44	11.02	17.2	2.46	3.04
EBIT	-2.52	2.17	17.29	29.16	8.56	7.96
EBIT Margin	-4.61%	3.47%	23.48%	45.32%	49.46%	54.77%
Effective Tax Rate	225.09%	143.18%	13.04%	100.42%	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.