IST:ARFYE 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	Sep '25 Sep 30, 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	225.87	143.65	272.83	91.49	163.3	-
Revenue Growth (YoY)	38.32%	-47.35%	198.20%	-43.97%	-	-
Selling, General & Admin	56.57	50.17	32.41	4.8	2.04	0.24
Other Operating Expenses	178.32	91.94	155.93	72.58	29.49	0.56
Total Operating Expenses	232.53	142.11	188.34	77.38	31.53	0.8
Operating Income	-6.66	1.54	84.48	14.11	131.77	-0.8
Interest Expense	-142.45	-68.69	-24.35	-10.86	-4.87	-
Interest Income	24.91	23.28	49.85	7.89	2.78	1.96
Net Interest Expense	-117.53	-45.41	25.5	-2.98	-2.08	1.96
Currency Exchange Gain (Loss)	5.83	33.66	2.32	-0.11	0.6	-0.2
EBT Excluding Unusual Items	-118.36	-10.21	112.3	11.02	130.28	0.96
Gain (Loss) on Sale of Investments	-	-	-	-	-1.31	-
Pretax Income	-118.36	-10.21	112.3	11.02	128.97	0.96
Income Tax Expense	-0.14	-18.18	11.1	6.01	27.15	0.54
Net Income	-118.23	7.97	101.19	5.01	101.82	0.42
Net Income to Common	-118.23	7.97	101.19	5.01	101.82	0.42
Net Income Growth	-	-92.13%	1921.14%	-95.08%	24098.24%	-
Shares Outstanding (Basic)	147	147	147	105	41	2
Shares Outstanding (Diluted)	147	147	147	105	41	2
Shares Change (YoY)	257.62%	-	40.00%	155.44%	1959.99%	-
EPS (Basic)	-0.80	0.05	0.69	0.05	2.47	0.21
EPS (Diluted)	-0.80	0.05	0.69	0.05	2.47	0.21
EPS Growth	-	-92.13%	1343.68%	-98.08%	1074.68%	-
Free Cash Flow	118.87	-28.56	25.11	-24.44	-208.03	-1.84
Free Cash Flow Per Share	0.81	-0.19	0.17	-0.23	-5.05	-0.92
Profit Margin	-52.34%	5.55%	37.09%	5.47%	62.35%	-
Free Cash Flow Margin	52.63%	-19.88%	9.21%	-26.72%	-127.39%	-
EBITDA	28.46	38.47	102.28	20.68	135.25	-0.74
EBITDA Margin	12.60%	26.78%	37.49%	22.60%	82.82%	-
D&A For EBITDA	35.12	36.94	17.8	6.57	3.48	0.06
EBIT	-6.66	1.54	84.48	14.11	131.77	-0.8
EBIT Margin	-2.95%	1.07%	30.96%	15.42%	80.69%	-
Effective Tax Rate	-	-	9.89%	54.57%	21.05%	56.06%

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