IST:ATEKS 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	1,912	2,474	1,898	426.24	304.48
Revenue Growth (YoY)	-22.68%	30.33%	345.26%	39.99%	-28.44%
Cost of Revenue	1,801	2,379	1,903	323.7	229.9
Gross Profit	111.33	94.61	-4.79	102.54	74.58
Selling, General & Admin	264.04	244.11	205.98	48.17	40.64
Research & Development	158.02	99.79	79.54	18.36	11.3
Other Operating Expenses	-25.62	-27.16	-27.24	-5.68	-5.18
Operating Expenses	396.43	316.73	258.28	60.86	46.77
Operating Income	-285.1	-222.12	-263.07	41.68	27.82
Interest Expense	-6.1	-66.25	-66.73	-12.83	-9.7
Interest & Investment Income	15.73	105.76	24.29	6.39	2.96
Currency Exchange Gain (Loss)	-33.74	-234.2	-106.91	-28.92	-15.48
Other Non Operating Income (Expenses)	217	584.75	370.03	-2.12	-2.13
EBT Excluding Unusual Items	-92.22	167.94	-42.4	4.21	3.46
Gain (Loss) on Sale of Investments	-1.89	-14.87	-	-	-
Asset Writedown	-	40.28	12.36	134.84	37.62
Legal Settlements	-1.63	-	-1.69	-0.55	-0.12
Pretax Income	-95.73	193.35	-31.73	138.5	40.96
Income Tax Expense	18.99	325.4	106.97	5.27	1.16
Earnings From Continuing Operations	-114.72	-132.05	-138.7	133.24	39.8
Minority Interest in Earnings	0.43	-1.24	-0.21	0.33	-0.37
Net Income	-114.29	-133.29	-138.9	133.57	39.43
Net Income to Common	-114.29	-133.29	-138.9	133.57	39.43
Net Income Growth	-	-	-	238.77%	225.77%
Shares Outstanding (Basic)	2,520	2,520	25	25	25
Shares Outstanding (Diluted)	2,520	2,520	25	25	25
Shares Change (YoY)	-	9900.00%	-	-	-
EPS (Basic)	-0.05	-0.05	-5.51	5.30	1.56
EPS (Diluted)	-0.05	-0.05	-5.51	5.30	1.56
EPS Growth	-	-	-	238.77%	225.77%
Free Cash Flow	173.58	-32.41	-284.63	45.01	23.61
Free Cash Flow Per Share	0.07	-0.01	-11.29	1.79	0.94
Gross Margin	5.82%	3.82%	-0.25%	24.06%	24.50%
Operating Margin	-14.91%	-8.98%	-13.86%	9.78%	9.14%
Profit Margin	-5.98%	-5.39%	-7.32%	31.34%	12.95%
Free Cash Flow Margin	9.08%	-1.31%	-15.00%	10.56%	7.75%
EBITDA	-264.37	-196.53	-199.18	49.05	36.02
EBITDA Margin	-13.82%	-7.95%	-10.50%	11.51%	11.83%
D&A For EBITDA	20.74	25.59	63.9	7.37	8.2
EBIT	-285.1	-222.12	-263.07	41.68	27.82
EBIT Margin	-14.91%	-8.98%	-13.86%	9.78%	9.14%
Effective Tax Rate	-	168.29%	-	3.80%	2.84%
Advertising Expenses	-	-	4.98	1.29	1.46

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.