IST:AVHOL 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	430.3	601.25	377.57	190.61	39.51
Revenue Growth (YoY)	-28.43%	59.25%	98.08%	382.46%	166.85%
Cost of Revenue	449.13	562.55	369.32	179.37	31.44
Gross Profit	-18.83	38.7	8.25	11.23	8.07
Selling, General & Admin	67.12	26.66	21.58	24.86	4.93
Other Operating Expenses	-7.93	2.9	-13.04	-12.59	-0.78
Operating Expenses	59.19	29.56	8.54	12.27	4.15
Operating Income	-78.02	9.14	-0.29	-1.03	3.92
Interest Expense	-148.79	-38.91	-27.28	-3.06	-2.08
Interest & Investment Income	701.69	159.55	30.14	12.79	0.51
Earnings From Equity Investments	-	-	-	-	0.05
Currency Exchange Gain (Loss)	-	0.05	0.39	-	0
Other Non Operating Income (Expenses)	-1.53	-78.51	58.9	-42.04	0.95
EBT Excluding Unusual Items	473.36	51.32	61.86	-33.34	3.35
Gain (Loss) on Sale of Investments	-37.71	-0.45	-0.57	-0	-0.04
Pretax Income	435.64	50.87	61.29	-33.34	3.31
Income Tax Expense	90.83	-30.25	-8.41	15.19	0.74
Earnings From Continuing Operations	344.82	81.12	69.7	-48.53	2.57
Minority Interest in Earnings	-19.18	-	-6.02	3.2	-0.03
Net Income	325.64	81.12	63.69	-45.32	2.54
Net Income to Common	325.64	81.12	63.69	-45.32	2.54
Net Income Growth	301.43%	27.37%	-	-	3832.31%
Shares Outstanding (Basic)	-	37	37	37	30
Shares Outstanding (Diluted)	-	37	37	37	30
Shares Change (YoY)	-	-	-	24.17%	-
EPS (Basic)	-	2.18	1.71	-1.22	0.08
EPS (Diluted)	-	2.18	1.71	-1.22	0.08
EPS Growth	-	27.37%	-	-	4136.75%
Free Cash Flow	232.22	20.38	32.75	-15.1	-38.95
Free Cash Flow Per Share	-	0.55	0.88	-0.41	-1.30
Gross Margin	-4.38%	6.44%	2.19%	5.89%	20.42%
Operating Margin	-18.13%	1.52%	-0.08%	-0.54%	9.93%
Profit Margin	75.68%	13.49%	16.87%	-23.78%	6.43%
Free Cash Flow Margin	53.97%	3.39%	8.67%	-7.92%	-98.58%
EBITDA	-51.86	15.7	45.48	19.74	6.6
EBITDA Margin	-12.05%	2.61%	12.05%	10.35%	16.71%
D&A For EBITDA	26.16	6.56	45.78	20.77	2.68
EBIT	-78.02	9.14	-0.29	-1.03	3.92
EBIT Margin	-18.13%	1.52%	-0.08%	-0.54%	9.93%
Effective Tax Rate	20.85%	-	-	-	22.48%
Advertising Expenses	-	0.64	1.58	0.53	0.09

Source: S&P Global Market Intelligence. Standard template. Financial Sources.