IST:AVPGY 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	7,453	4,451	5,894	170.55	994.53
Revenue Growth (YoY)	67.44%	-24.48%	3355.86%	-82.85%	-
Cost of Revenue	1,265	1,764	3,914	70.5	798.9
Gross Profit	6,188	2,687	1,980	100.04	195.63
Selling, General & Admin	131.69	209.46	93.26	24.08	19.98
Other Operating Expenses	-23.78	304.99	-21.63	20.24	28.49
Operating Expenses	107.91	514.45	71.63	44.32	48.46
Operating Income	6,081	2,172	1,908	55.72	147.17
Interest Expense	-1.1	-7.76	-141.81	-64.34	-90.04
Interest & Investment Income	400.39	184.01	2,014	6.09	2
Earnings From Equity Investments	-	293.88	2,760	261.14	32.82
Currency Exchange Gain (Loss)	-	-	-738.65	-9.74	-57.03
Other Non Operating Income (Expenses)	-1,106	-231.48	314.48	-	-
EBT Excluding Unusual Items	5,374	2,411	6,117	248.86	34.91
Gain (Loss) on Sale of Investments	-0.6	-960	-	-0.34	-0.06
Gain (Loss) on Sale of Assets	78.9	2.47	-475.97	3.38	-1.77
Asset Writedown	4,818	1,574	5,501	869.59	103.77
Legal Settlements	-9.86	-4.13	-20.07	-0.8	-3.13
Pretax Income	10,261	3,023	11,122	1,121	133.72
Income Tax Expense	2,880	-1,685	1,018	175.91	28.03
Net Income	7,381	4,708	10,103	944.78	105.69
Net Income to Common	7,381	4,708	10,103	944.78	105.69
Net Income Growth	56.75%	-53.40%	969.37%	793.95%	-
Shares Outstanding (Basic)	399	400	335	-	-
Shares Outstanding (Diluted)	399	400	335	-	-
Shares Change (YoY)	-0.14%	19.40%	-	-	-
EPS (Basic)	18.48	11.77	30.16	-	-
EPS (Diluted)	18.48	11.77	30.16	-	-
EPS Growth	56.98%	-60.97%	-	-	-
Free Cash Flow	4,778	-2,956	-1,330	-106.61	243.25
Free Cash Flow Per Share	11.96	-7.39	-3.97	-	-
Dividend Per Share	-	2.100	-	-	-
Gross Margin	83.03%	60.36%	33.59%	58.66%	19.67%
Operating Margin	81.59%	48.81%	32.38%	32.67%	14.80%
Profit Margin	99.03%	105.78%	171.42%	553.97%	10.63%
Free Cash Flow Margin	64.11%	-66.40%	-22.57%	-62.51%	24.46%
EBITDA	6,086	2,191	1,924	59.51	150.88
EBITDA Margin	81.66%	49.22%	32.64%	34.89%	15.17%
D&A For EBITDA	5.73	18.45	15.24	3.79	3.72
EBIT	6,081	2,172	1,908	55.72	147.17
EBIT Margin	81.59%	48.81%	32.38%	32.67%	14.80%
Effective Tax Rate	28.07%	-	9.16%	15.70%	20.96%
Advertising Expenses	34.39	67.6	0.99	-	-

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.