IST:ARASE 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	31,209	39,897	33,908	29,195	6,125
Revenue Growth (YoY)	-24.61%	17.66%	16.14%	376.62%	-
Selling, General & Admin	3,570	3,377	2,853	1,383	496.83
Other Operating Expenses	22,735	30,713	24,899	25,488	5,096
Total Operating Expenses	26,305	34,090	27,752	26,871	5,593
Operating Income	4,904	5,807	6,155	2,324	532.54
Interest Expense	-962.37	-1,957	-714.38	-266.9	-18.82
Interest Income	451.27	609.47	411.86	116.93	116.39
Net Interest Expense	-511.1	-1,347	-302.52	-149.97	97.57
Currency Exchange Gain (Loss)	-25.86	-61.22	-272.23	-180.54	-75.82
Other Non-Operating Income (Expenses)	-2,908	-2,811	-2,461	-1,475	-74.02
EBT Excluding Unusual Items	1,459	1,588	3,120	518.27	480.27
Legal Settlements	-35.36	-35.36	-17.48	-20.7	-6.12
Pretax Income	1,424	1,552	3,103	497.56	474.15
Income Tax Expense	817.28	1,394	-4,448	246.68	26.27
Net Income	606.65	158.6	7,551	250.88	447.88
Net Income to Common	606.65	158.6	7,551	250.88	447.88
Net Income Growth	-91.44%	-97.90%	2909.60%	-43.98%	-
Shares Outstanding (Basic)	-	250	250	250	250
Shares Outstanding (Diluted)	-	250	250	250	250
EPS (Basic)	-	0.63	30.20	1.00	1.79
EPS (Diluted)	-	0.63	30.20	1.00	1.79
EPS Growth	-	-97.90%	2909.60%	-43.98%	-
Free Cash Flow	6,241	4,918	298.31	-1,268	33.37
Free Cash Flow Per Share	-	19.67	1.19	-5.07	0.13
Dividend Per Share	-	-	0.914	0.091	-
Dividend Growth	-	-	907.35%	-	-
Profit Margin	1.94%	0.40%	22.27%	0.86%	7.31%
Free Cash Flow Margin	20.00%	12.33%	0.88%	-4.34%	0.55%
EBITDA	5,105	5,964	6,307	2,426	544.74
EBITDA Margin	16.36%	14.95%	18.60%	8.31%	8.89%
D&A For EBITDA	201.11	156.61	151.67	102.27	12.2
EBIT	4,904	5,807	6,155	2,324	532.54
EBIT Margin	15.71%	14.56%	18.15%	7.96%	8.69%
Effective Tax Rate	57.40%	89.78%	-	49.58%	5.54%

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