IST:ARTMS Income Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	1,133	1,188	604.83	217.26	144.44
Revenue Growth (YoY)	-4.60%	96.41%	178.39%	50.42%	-
Cost of Revenue	692.25	958.79	600.59	159.05	74.08
Gross Profit	441.06	229.16	4.24	58.21	70.36
Selling, General & Admin	89.19	75.34	42.67	24.72	20.14
Other Operating Expenses	9.43	22.46	-0.1	12.09	0.89
Operating Expenses	98.62	97.8	42.56	36.82	21.02
Operating Income	342.44	131.37	-38.32	21.4	49.33
Interest Expense	-58.61	-102.65	-75.85	-24.55	-25.37
Interest & Investment Income	130.33	16.09	9.74	2.18	2.52
Currency Exchange Gain (Loss)	1.3	-65.81	-12.13	19	0.58
Other Non Operating Income (Expenses)	-91.49	78.98	146.49	-4.49	-2.38
EBT Excluding Unusual Items	323.97	57.98	29.92	13.54	24.69
Gain (Loss) on Sale of Investments	-0.02	-1.64	-41.59	-	-
Legal Settlements	-0.16	-1.3	-	-	-
Other Unusual Items	0.06	-	-	-	-
Pretax Income	323.85	55.03	-11.66	13.54	24.69
Income Tax Expense	97.23	48.64	-16.85	-3.68	1.8
Net Income	226.62	6.39	5.18	17.22	22.88
Net Income to Common	226.62	6.39	5.18	17.22	22.88
Net Income Growth	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	-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	38.92%	19.29%	0.70%	26.80%	48.71%
Operating Margin	30.22%	11.06%	-6.34%	9.85%	34.16%
Profit Margin	20.00%	0.54%	0.86%	7.93%	15.84%
Free Cash Flow Margin	-15.73%	0.58%	37.06%	8.16%	28.08%
EBITDA	362.38	169	-9.54	26.87	52.09
EBITDA Margin	31.98%	14.23%	-1.58%	12.37%	36.07%
D&A For EBITDA	19.94	37.64	28.79	5.47	2.76
EBIT	342.44	131.37	-38.32	21.4	49.33
EBIT Margin	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 Mar 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.