IST:ARZUM 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	5,284	5,546	5,328	2,927	815.35
Revenue Growth (YoY)	-4.71%	4.08%	82.04%	258.98%	34.22%
Cost of Revenue	3,942	3,882	3,665	2,348	552.69
Gross Profit	1,342	1,664	1,664	578.76	262.65
Selling, General & Admin	1,619	1,230	1,182	648.63	180.55
Other Operating Expenses	29.05	-2.76	-2.56	3.34	0.99
Operating Expenses	1,648	1,228	1,180	651.97	181.53
Operating Income	-305.87	436.32	483.88	-73.21	81.12
Interest Expense	-1,313	-940.03	-480.83	-204.73	-33.31
Interest & Investment Income	-	69.09	106.31	19.84	1.94
Currency Exchange Gain (Loss)	-	35.56	84.7	37.29	18.96
Other Non Operating Income (Expenses)	432.05	-43.87	-58.96	99.92	-6.53
EBT Excluding Unusual Items	-1,187	-442.93	135.09	-120.89	62.18
Pretax Income	-1,187	-442.93	135.09	-120.89	62.18
Income Tax Expense	-255.6	-42.97	58.6	36.92	12.05
Net Income	-931.17	-399.96	76.49	-157.81	50.13
Net Income to Common	-931.17	-399.96	76.49	-157.81	50.13
Net Income Growth	-	-	-	-	37.47%
Shares Outstanding (Basic)	-	300	300	300	300
Shares Outstanding (Diluted)	-	300	300	300	300
EPS (Basic)	-	-1.33	0.25	-0.53	0.17
EPS (Diluted)	-	-1.33	0.25	-0.53	0.17
EPS Growth	-	-	-	-	37.47%
Free Cash Flow	1,398	-195.88	484.76	323.68	-44.85
Free Cash Flow Per Share	-	-0.65	1.62	1.08	-0.15
Dividend Per Share	-	-	-	0.050	0.050
Dividend Growth	-	-	-	-	27.55%
Gross Margin	25.39%	30.00%	31.22%	19.77%	32.21%
Operating Margin	-5.79%	7.87%	9.08%	-2.50%	9.95%
Profit Margin	-17.62%	-7.21%	1.44%	-5.39%	6.15%
Free Cash Flow Margin	26.46%	-3.53%	9.10%	11.06%	-5.50%
EBITDA	-128.78	500.66	542.5	-36.69	87.15
EBITDA Margin	-2.44%	9.03%	10.18%	-1.25%	10.69%
D&A For EBITDA	177.09	64.34	58.62	36.52	6.03
EBIT	-305.87	436.32	483.88	-73.21	81.12
EBIT Margin	-5.79%	7.87%	9.08%	-2.50%	9.95%
Effective Tax Rate	-	-	43.38%	-	19.38%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.