Alarko Holding A.S. (IST:ALARK)

Heartland Financial USA Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	6,581	7,598	11,978	12,272	2,017	1,032
Revenue Growth (YoY)	-43.73%	-36.56%	-2.40%	508.56%	95.38%	-25.52%
Cost of Revenue	6,252	7,274	10,984	10,612	1,986	642.02
Gross Profit	329.68	324.35	993.53	1,660	30.23	390.12
Selling, General & Admin	1,934	1,958	1,457	755.59	136.92	113.17
Research & Development	29.67	24.73	0.34	-	-	-
Other Operating Expenses	14.45	-136.4	20.13	1,361	-2.8	24.97
Operating Expenses	1,978	1,846	1,478	2,116	134.12	138.14
Operating Income	-1,649	-1,522	-483.97	-456.19	-103.89	251.98
Interest Expense	-2,478	-2,017	-1,229	-122.23	-34.84	-37.89
Interest & Investment Income	4,628	4,870	3,273	1,289	278.41	162
Earnings From Equity Investments	3,229	2,889	8,156	15,698	924.79	450.12
Currency Exchange Gain (Loss)	721.27	1,347	4,397	151.09	518.11	126.41
Other Non Operating Income (Expenses)	-1,878	-2,757	-4,173	-39.67	-22.59	-
EBT Excluding Unusual Items	2,573	2,811	9,940	16,520	1,560	952.62
Gain (Loss) on Sale of Investments	-354.81	-45.99	-86.48	-40.74	-7.82	-3.78
Legal Settlements	-43.91	-43.91	-8.5	-45.92	-20.21	-0.72
Pretax Income	2,174	2,721	9,845	16,434	1,532	948.12
Income Tax Expense	667.36	628.26	-127.01	-462.67	-51.72	42.14
Earnings From Continuing Operations	1,507	2,093	9,972	16,896	1,584	905.98
Net Income to Company	1,507	2,093	9,972	16,896	1,584	905.98
Minority Interest in Earnings	-306.96	-335.25	-406.78	-190.15	-309.26	-104.03
Net Income	1,200	1,757	9,566	16,706	1,274	801.95
Net Income to Common	1,200	1,757	9,566	16,706	1,274	801.95
Net Income Growth	-82.85%	-81.63%	-42.74%	1210.89%	58.91%	108.41%
Shares Outstanding (Basic)	427	428	430	434	435	435
Shares Outstanding (Diluted)	427	428	430	434	435	435
Shares Change (YoY)	-0.57%	-0.38%	-0.96%	-0.19%	-	-
EPS (Basic)	2.81	4.10	22.25	38.48	2.93	1.84
EPS (Diluted)	2.81	4.10	22.25	38.48	2.93	1.84
EPS Growth	-82.75%	-81.56%	-42.19%	1213.40%	58.91%	108.41%
Free Cash Flow	-8,249	-5,045	-657.12	1,447	192.84	383.07
Free Cash Flow Per Share	-19.31	-11.78	-1.53	3.33	0.44	0.88
Dividend Per Share	-	-	2.249	0.330	0.230	0.138
Dividend Growth	-	-	581.39%	43.48%	66.67%	74.68%
Gross Margin	5.01%	4.27%	8.29%	13.53%	1.50%	37.80%
Operating Margin	-25.05%	-20.03%	-4.04%	-3.72%	-5.15%	24.41%
Profit Margin	18.23%	23.13%	79.86%	136.13%	63.20%	77.70%
Free Cash Flow Margin	-125.33%	-66.40%	-5.49%	11.79%	9.56%	37.11%
EBITDA	-897.54	-844.51	59.96	-136.33	-60.44	282.43
EBITDA Margin	-13.64%	-11.11%	0.50%	-1.11%	-3.00%	27.36%
D&A For EBITDA	751.22	677.17	543.93	319.86	43.45	30.45
EBIT	-1,649	-1,522	-483.97	-456.19	-103.89	251.98
EBIT Margin	-25.05%	-20.03%	-4.04%	-3.72%	-5.15%	24.41%
Effective Tax Rate	30.69%	23.09%	-	-	-	4.44%
Advertising Expenses	-	13.82	5.03	1.65	3.68	3.31

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