IST:ARFYE 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	252.68	143.65	272.83	91.49	163.3
Revenue Growth (YoY)	75.90%	-47.35%	198.20%	-43.97%	-
Selling, General & Admin	56.82	50.17	32.41	4.8	2.04
Other Operating Expenses	179.9	91.94	155.93	72.58	29.49
Total Operating Expenses	236.72	142.11	188.34	77.38	31.53
Operating Income	15.96	1.54	84.48	14.11	131.77
Interest Expense	-156.88	-68.69	-24.35	-10.86	-4.87
Interest Income	17.7	23.28	49.85	7.89	2.78
Net Interest Expense	-139.18	-45.41	25.5	-2.98	-2.08
Currency Exchange Gain (Loss)	-	33.66	2.32	-0.11	0.6
EBT Excluding Unusual Items	-123.22	-10.21	112.3	11.02	130.28
Gain (Loss) on Sale of Investments	-1.6	-	-	-	-1.31
Pretax Income	-124.82	-10.21	112.3	11.02	128.97
Income Tax Expense	-3.36	-18.18	11.1	6.01	27.15
Net Income	-121.46	7.97	101.19	5.01	101.82
Net Income to Common	-121.46	7.97	101.19	5.01	101.82
Net Income Growth	-	-92.13%	1921.14%	-95.08%	24098.24%
Shares Outstanding (Basic)	148	147	147	105	41
Shares Outstanding (Diluted)	148	147	147	105	41
Shares Change (YoY)	0.54%	-	40.00%	155.44%	1959.99%
EPS (Basic)	-0.82	0.05	0.69	0.05	2.47
EPS (Diluted)	-0.82	0.05	0.69	0.05	2.47
EPS Growth	-	-92.13%	1343.68%	-98.08%	1074.68%
Free Cash Flow	-	-28.56	25.11	-24.44	-208.03
Free Cash Flow Per Share	-	-0.19	0.17	-0.23	-5.05
Profit Margin	-48.07%	5.55%	37.09%	5.47%	62.35%
Free Cash Flow Margin	-	-19.88%	9.21%	-26.72%	-127.39%
EBITDA	52.57	38.47	102.28	20.68	135.25
EBITDA Margin	20.80%	26.78%	37.49%	22.60%	82.82%
D&A For EBITDA	36.61	36.94	17.8	6.57	3.48
EBIT	15.96	1.54	84.48	14.11	131.77
EBIT Margin	6.32%	1.07%	30.96%	15.42%	80.69%
Effective Tax Rate	-	-	9.89%	54.57%	21.05%

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