IST:ARTMS 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	901.64	1,133	1,188	604.83	217.26	144.44
Revenue Growth (YoY)	-15.60%	-4.60%	96.41%	178.39%	50.42%	-
Cost of Revenue	561.63	692.25	958.79	600.59	159.05	74.08
Gross Profit	340.01	441.06	229.16	4.24	58.21	70.36
Selling, General & Admin	127.75	89.19	75.34	42.67	24.72	20.14
Other Operating Expenses	35.39	9.43	22.46	-0.1	12.09	0.89
Operating Expenses	163.14	98.62	97.8	42.56	36.82	21.02
Operating Income	176.86	342.44	131.37	-38.32	21.4	49.33
Interest Expense	-57.85	-58.61	-102.65	-75.85	-24.55	-25.37
Interest & Investment Income	1.6	130.33	16.09	9.74	2.18	2.52
Currency Exchange Gain (Loss)	35.52	1.3	-65.81	-12.13	19	0.58
Other Non Operating Income (Expenses)	52.48	-91.49	78.98	146.49	-4.49	-2.38
EBT Excluding Unusual Items	208.61	323.97	57.98	29.92	13.54	24.69
Gain (Loss) on Sale of Investments	-0.02	-0.02	-1.64	-41.59	-	-
Legal Settlements	-0.04	-0.16	-1.3	-	-	-
Other Unusual Items	0.06	0.06	-	-	-	-
Pretax Income	208.62	323.85	55.03	-11.66	13.54	24.69
Income Tax Expense	-69.87	97.23	48.64	-16.85	-3.68	1.8
Net Income	278.48	226.62	6.39	5.18	17.22	22.88
Net Income to Common	278.48	226.62	6.39	5.18	17.22	22.88
Net Income Growth	187.65%	3446.96%	23.33%	-69.92%	-24.72%	-
Shares Outstanding (Basic)	-	67	36	40	36	36
Shares Outstanding (Diluted)	-	67	36	40	36	36
Shares Change (YoY)	-	83.97%	-8.67%	9.49%	-	-
EPS (Basic)	-	3.39	0.18	0.13	0.47	0.63
EPS (Diluted)	-	3.39	0.18	0.13	0.47	0.63
EPS Growth	-	1827.97%	35.03%	-72.53%	-24.72%	-
Free Cash Flow	-77.99	-178.28	6.95	224.17	17.73	40.56
Free Cash Flow Per Share	-	-2.67	0.19	5.63	0.49	1.12
Gross Margin	37.71%	38.92%	19.29%	0.70%	26.80%	48.71%
Operating Margin	19.62%	30.22%	11.06%	-6.34%	9.85%	34.16%
Profit Margin	30.89%	20.00%	0.54%	0.86%	7.93%	15.84%
Free Cash Flow Margin	-8.65%	-15.73%	0.58%	37.06%	8.16%	28.08%
EBITDA	200.67	362.38	169	-9.54	26.87	52.09
EBITDA Margin	22.26%	31.98%	14.23%	-1.58%	12.37%	36.07%
D&A For EBITDA	23.81	19.94	37.64	28.79	5.47	2.76
EBIT	176.86	342.44	131.37	-38.32	21.4	49.33
EBIT Margin	19.62%	30.22%	11.06%	-6.34%	9.85%	34.16%
Effective Tax Rate	-	30.02%	88.39%	-	-	7.31%
Advertising Expenses	-	4.18	4.49	5.67	2.26	1.94

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.