IST:ALVES 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	Mar '25 Mar 31, 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	5,139	5,395	4,626	1,550	423.35	165.93
Revenue Growth (YoY)	-6.78%	16.63%	198.35%	266.24%	155.13%	-
Cost of Revenue	4,144	4,335	3,763	1,356	380.92	153.28
Gross Profit	995.72	1,061	863.2	194.12	42.43	12.66
Selling, General & Admin	175.72	158.27	151.22	57.3	16.22	8.7
Other Operating Expenses	10.2	11.22	10.17	-42.97	-19.19	-5.73
Operating Expenses	185.92	169.49	161.4	14.33	-2.98	2.97
Operating Income	809.8	891.27	701.8	179.79	45.4	9.69
Interest Expense	-403.66	-436.48	-203.17	-90.84	-23.46	-8.68
Interest & Investment Income	57.6	50.53	0.04	0.78	0.11	0.06
Currency Exchange Gain (Loss)	-54.57	-15.83	-14.38	-15.72	-7.81	0.12
Other Non Operating Income (Expenses)	-484.61	-320.69	11.28	-32.31	-	-
EBT Excluding Unusual Items	-75.44	168.8	495.57	41.69	14.25	1.19
Gain (Loss) on Sale of Investments	-72.49	-72.49	-	-0.17	-0.14	-
Pretax Income	-147.93	96.31	495.57	41.52	14.1	1.19
Income Tax Expense	-78.98	-7.68	74.63	-6.08	-1.36	-0.07
Earnings From Continuing Operations	-68.95	104	420.94	47.6	15.46	1.26
Minority Interest in Earnings	-	-	-	-	0.68	0.94
Net Income	-68.95	104	420.94	47.6	16.14	2.2
Net Income to Common	-68.95	104	420.94	47.6	16.14	2.2
Net Income Growth	-	-75.29%	784.32%	194.91%	633.93%	-
Shares Outstanding (Basic)	160	160	160	50	8	5
Shares Outstanding (Diluted)	160	160	160	50	8	5
Shares Change (YoY)	-6.47%	-	220.97%	513.66%	62.47%	-
EPS (Basic)	-0.43	0.65	2.63	0.95	1.99	0.44
EPS (Diluted)	-0.43	0.65	2.63	0.95	1.99	0.44
EPS Growth	-	-75.29%	175.52%	-51.94%	351.74%	-
Free Cash Flow	-1,105	-841.36	-421.79	-87.31	42.63	-72.59
Free Cash Flow Per Share	-6.90	-5.26	-2.64	-1.75	5.25	-14.52
Gross Margin	19.37%	19.66%	18.66%	12.52%	10.02%	7.63%
Operating Margin	15.76%	16.52%	15.17%	11.60%	10.72%	5.84%
Profit Margin	-1.34%	1.93%	9.10%	3.07%	3.81%	1.32%
Free Cash Flow Margin	-21.49%	-15.59%	-9.12%	-5.63%	10.07%	-43.75%
EBITDA	933.92	1,016	764.85	187.7	49.02	12.08
EBITDA Margin	18.17%	18.84%	16.54%	12.11%	11.58%	7.28%
D&A For EBITDA	124.12	125.1	63.05	7.91	3.62	2.39
EBIT	809.8	891.27	701.8	179.79	45.4	9.69
EBIT Margin	15.76%	16.52%	15.17%	11.60%	10.72%	5.84%
Effective Tax Rate	-	-	15.06%	-	-	-
Advertising Expenses	-	12.12	18.26	2.39	1.95	0.29

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.