IST:AKSUE Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	69.6	73.08	81.66	73.63	64.33	17.3
Revenue Growth (YoY)	-13.32%	-10.51%	10.91%	14.45%	271.84%	19.11%
Operations & Maintenance	0.8	0.8	0.67	0.39	0.86	0.17
Selling, General & Admin	18.33	17.42	16.13	9.7	5.24	3.81
Other Operating Expenses	65.75	64.49	62.03	46.25	29.07	4.77
Total Operating Expenses	84.88	82.7	78.83	56.34	35.18	8.74
Operating Income	-15.27	-9.62	2.83	17.29	29.16	8.56
Interest Expense	-0.53	-6.38	-9.79	-18.26	-19.11	-6.43
Interest Income	8.87	10.61	21.75	42.46	2.57	3.79
Net Interest Expense	8.34	4.23	11.95	24.2	-16.54	-2.63
Currency Exchange Gain (Loss)	-10.01	-10.01	-11.87	-51.59	-29.42	-24.46
Other Non-Operating Income (Expenses)	0.89	2.83	22.49	115.99	109.28	-
EBT Excluding Unusual Items	-16.06	-12.57	25.4	105.89	92.48	-18.54
Gain (Loss) on Sale of Investments	-	-	-	-0.01	-1.34	-
Pretax Income	-16.06	-12.57	25.4	105.88	91.14	-18.54
Income Tax Expense	27.91	24.9	36.37	13.8	91.53	0.3
Net Income	-43.97	-37.47	-10.97	92.08	-0.39	-18.84
Net Income to Common	-43.97	-37.47	-10.97	92.08	-0.39	-18.84
Shares Outstanding (Basic)	-	66	62	33	33	33
Shares Outstanding (Diluted)	-	66	62	33	33	33
Shares Change (YoY)	-	7.20%	86.58%	-	-	100.00%
EPS (Basic)	-	-0.57	-0.18	2.79	-0.01	-0.57
EPS (Diluted)	-	-0.57	-0.18	2.79	-0.01	-0.57
Free Cash Flow	4.76	12.42	18.78	62.23	-48.86	9.45
Free Cash Flow Per Share	-	0.19	0.30	1.89	-1.48	0.29
Profit Margin	-63.18%	-51.27%	-13.43%	125.06%	-0.60%	-108.88%
Free Cash Flow Margin	6.84%	17.00%	23.00%	84.53%	-75.95%	54.61%
EBITDA	14.1	19.84	17.81	28.31	46.36	11.02
EBITDA Margin	20.26%	27.14%	21.80%	38.45%	72.06%	63.70%
D&A For EBITDA	29.38	29.46	14.97	11.02	17.2	2.46
EBIT	-15.27	-9.62	2.83	17.29	29.16	8.56
EBIT Margin	-21.95%	-13.16%	3.47%	23.48%	45.32%	49.46%
Effective Tax Rate	-	-	143.18%	13.04%	100.42%	-

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