IST:ALCAR 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	7,504	8,544	7,890	4,160	1,265
Revenue Growth (YoY)	-12.17%	8.28%	89.66%	228.91%	59.98%
Cost of Revenue	6,251	7,329	6,679	3,458	995.76
Gross Profit	1,253	1,215	1,212	702.14	269.11
Selling, General & Admin	1,388	1,484	1,143	640.71	174.98
Research & Development	156.19	169.11	117.31	57.74	18.28
Other Operating Expenses	12.43	-92.17	-65.75	-60.53	-37.98
Operating Expenses	1,557	1,561	1,194	637.91	155.28
Operating Income	-303.4	-346.27	17.26	64.23	113.83
Interest Expense	-26.4	-17.68	-24.18	-21.35	-30.85
Interest & Investment Income	105.29	1,221	75.32	717.34	4.46
Currency Exchange Gain (Loss)	-263.35	32.4	-436.08	-8.87	4.09
Other Non Operating Income (Expenses)	-211.46	-57.46	-433.84	-258.86	-13.9
EBT Excluding Unusual Items	-699.32	832.07	-801.51	492.49	77.63
Gain (Loss) on Sale of Investments	-0	-0.03	-0.57	-2.7	-0
Pretax Income	-699.32	832.04	-802.08	489.8	77.63
Income Tax Expense	-13.07	291.55	-208.08	6.95	5.68
Net Income	-686.25	540.49	-594	482.85	71.95
Net Income to Common	-686.25	540.49	-594	482.85	71.95
Net Income Growth	-	-	-	571.09%	16.29%
Shares Outstanding (Basic)	11	11	11	11	11
Shares Outstanding (Diluted)	11	11	11	11	11
EPS (Basic)	-63.54	50.05	-55.00	44.71	6.66
EPS (Diluted)	-63.54	50.05	-55.00	44.71	6.66
EPS Growth	-	-	-	571.09%	16.29%
Free Cash Flow	295.86	-46.47	-1,200	-442.72	-141.8
Free Cash Flow Per Share	27.39	-4.30	-111.15	-40.99	-13.13
Dividend Per Share	-	72.994	-	8.333	-
Gross Margin	16.70%	14.22%	15.36%	16.88%	21.28%
Operating Margin	-4.04%	-4.05%	0.22%	1.54%	9.00%
Profit Margin	-9.14%	6.33%	-7.53%	11.61%	5.69%
Free Cash Flow Margin	3.94%	-0.54%	-15.21%	-10.64%	-11.21%
EBITDA	-180.02	-219.55	103.43	115.69	121.33
EBITDA Margin	-2.40%	-2.57%	1.31%	2.78%	9.59%
D&A For EBITDA	123.37	126.72	86.16	51.46	7.5
EBIT	-303.4	-346.27	17.26	64.23	113.83
EBIT Margin	-4.04%	-4.05%	0.22%	1.54%	9.00%
Effective Tax Rate	-	35.04%	-	1.42%	7.32%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.