IST:AVPGY 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	6,838	9,755	4,451	5,894	170.55
Revenue Growth (YoY)	-29.91%	119.17%	-24.48%	3355.86%	-82.85%
Cost of Revenue	5,313	1,655	1,764	3,914	70.5
Gross Profit	1,524	8,100	2,687	1,980	100.04
Selling, General & Admin	119.2	172.37	209.46	93.26	24.08
Other Operating Expenses	62.38	-35.79	304.99	-21.63	20.24
Operating Expenses	181.59	136.58	514.45	71.63	44.32
Operating Income	1,343	7,964	2,172	1,908	55.72
Interest Expense	-1.1	-1.44	-7.76	-141.81	-64.34
Interest & Investment Income	258.5	524.08	184.01	2,014	6.09
Earnings From Equity Investments	-	-	293.88	2,760	261.14
Currency Exchange Gain (Loss)	-	-	-	-738.65	-9.74
Other Non Operating Income (Expenses)	-1,245	-1,447	-231.48	314.48	-
EBT Excluding Unusual Items	355.53	7,039	2,411	6,117	248.86
Gain (Loss) on Sale of Investments	-	-5.45	-960	-	-0.34
Gain (Loss) on Sale of Assets	0.22	103.28	2.47	-475.97	3.38
Asset Writedown	1,166	6,307	1,574	5,501	869.59
Legal Settlements	-3.09	-12.91	-4.13	-20.07	-0.8
Pretax Income	1,518	13,431	3,023	11,122	1,121
Income Tax Expense	-90.56	3,770	-1,685	1,018	175.91
Net Income	1,609	9,661	4,708	10,103	944.78
Net Income to Common	1,609	9,661	4,708	10,103	944.78
Net Income Growth	-83.34%	105.18%	-53.40%	969.37%	793.95%
Shares Outstanding (Basic)	393	393	400	335	-
Shares Outstanding (Diluted)	393	393	400	335	-
Shares Change (YoY)	-	-1.72%	19.40%	-	-
EPS (Basic)	4.09	24.57	11.77	30.16	-
EPS (Diluted)	4.09	24.57	11.77	30.16	-
EPS Growth	-83.34%	108.76%	-60.97%	-	-
Free Cash Flow	4,297	5,753	-2,956	-1,330	-106.61
Free Cash Flow Per Share	10.93	14.63	-7.39	-3.97	-
Dividend Per Share	-	4.938	2.100	-	-
Dividend Growth	-	135.12%	-	-	-
Gross Margin	22.29%	83.03%	60.36%	33.59%	58.66%
Operating Margin	19.64%	81.63%	48.81%	32.38%	32.67%
Profit Margin	23.53%	99.03%	105.78%	171.42%	553.97%
Free Cash Flow Margin	62.85%	58.97%	-66.40%	-22.57%	-62.51%
EBITDA	1,348	7,971	2,191	1,924	59.51
EBITDA Margin	19.72%	81.71%	49.22%	32.64%	34.89%
D&A For EBITDA	5.66	7.5	18.45	15.24	3.79
EBIT	1,343	7,964	2,172	1,908	55.72
EBIT Margin	19.64%	81.63%	48.81%	32.38%	32.67%
Effective Tax Rate	-	28.07%	-	9.16%	15.70%
Advertising Expenses	3.68	45.01	67.6	0.99	-

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