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	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	Dec '20 Dec 31, 2020
Revenue	1,043	1,133	1,188	604.83	217.26	144.44
Revenue Growth (YoY)	-5.85%	-4.60%	96.41%	178.39%	50.42%	-
Cost of Revenue	601.53	692.25	958.79	600.59	159.05	74.08
Gross Profit	441.15	441.06	229.16	4.24	58.21	70.36
Selling, General & Admin	109.6	89.19	75.34	42.67	24.72	20.14
Other Operating Expenses	52.88	9.43	22.46	-0.1	12.09	0.89
Operating Expenses	162.48	98.62	97.8	42.56	36.82	21.02
Operating Income	278.66	342.44	131.37	-38.32	21.4	49.33
Interest Expense	-49.43	-58.61	-102.65	-75.85	-24.55	-25.37
Interest & Investment Income	95.47	130.33	16.09	9.74	2.18	2.52
Currency Exchange Gain (Loss)	5.52	1.3	-65.81	-12.13	19	0.58
Other Non Operating Income (Expenses)	-60.26	-91.49	78.98	146.49	-4.49	-2.38
EBT Excluding Unusual Items	269.97	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	-0.26	-0.16	-1.3	-	-	-
Other Unusual Items	0.06	0.06	-	-	-	-
Pretax Income	270.03	323.85	55.03	-11.66	13.54	24.69
Income Tax Expense	-24.52	97.23	48.64	-16.85	-3.68	1.8
Net Income	294.54	226.62	6.39	5.18	17.22	22.88
Net Income to Common	294.54	226.62	6.39	5.18	17.22	22.88
Net Income Growth	332.07%	3446.96%	23.33%	-69.92%	-24.72%	-
Shares Outstanding (Basic)	70	67	36	40	36	36
Shares Outstanding (Diluted)	70	67	36	40	36	36
Shares Change (YoY)	39.98%	83.97%	-8.67%	9.49%	-	-
EPS (Basic)	4.21	3.39	0.18	0.13	0.47	0.63
EPS (Diluted)	4.21	3.39	0.18	0.13	0.47	0.63
EPS Growth	208.67%	1827.97%	35.03%	-72.53%	-24.72%	-
Free Cash Flow	-11.58	-178.28	6.95	224.17	17.73	40.56
Free Cash Flow Per Share	-0.17	-2.67	0.19	5.63	0.49	1.12
Gross Margin	42.31%	38.92%	19.29%	0.70%	26.80%	48.71%
Operating Margin	26.73%	30.22%	11.06%	-6.34%	9.85%	34.16%
Profit Margin	28.25%	20.00%	0.54%	0.86%	7.93%	15.84%
Free Cash Flow Margin	-1.11%	-15.73%	0.58%	37.06%	8.16%	28.08%
EBITDA	298.54	362.38	169	-9.54	26.87	52.09
EBITDA Margin	28.63%	31.98%	14.23%	-1.58%	12.37%	36.07%
D&A For EBITDA	19.88	19.94	37.64	28.79	5.47	2.76
EBIT	278.66	342.44	131.37	-38.32	21.4	49.33
EBIT Margin	26.73%	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 Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.