IST:AVPGY Income Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	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	3,470	7,453	4,451	5,894	170.55	994.53
Revenue Growth (YoY)	-56.73%	67.44%	-24.48%	3355.86%	-82.85%	-
Cost of Revenue	969.98	1,265	1,764	3,914	70.5	798.9
Gross Profit	2,500	6,188	2,687	1,980	100.04	195.63
Selling, General & Admin	113.46	131.69	209.46	93.26	24.08	19.98
Other Operating Expenses	-80.22	-23.78	304.99	-21.63	20.24	28.49
Operating Expenses	33.25	107.91	514.45	71.63	44.32	48.46
Operating Income	2,467	6,081	2,172	1,908	55.72	147.17
Interest Expense	-1.06	-1.1	-7.76	-141.81	-64.34	-90.04
Interest & Investment Income	314.63	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)	-1,151	-1,106	-231.48	314.48	-	-
EBT Excluding Unusual Items	1,630	5,374	2,411	6,117	248.86	34.91
Gain (Loss) on Sale of Investments	-0.45	-0.6	-960	-	-0.34	-0.06
Gain (Loss) on Sale of Assets	78.9	78.9	2.47	-475.97	3.38	-1.77
Asset Writedown	4,322	4,818	1,574	5,501	869.59	103.77
Legal Settlements	-17.03	-9.86	-4.13	-20.07	-0.8	-3.13
Pretax Income	6,013	10,261	3,023	11,122	1,121	133.72
Income Tax Expense	3,053	2,880	-1,685	1,018	175.91	28.03
Net Income	2,960	7,381	4,708	10,103	944.78	105.69
Net Income to Common	2,960	7,381	4,708	10,103	944.78	105.69
Net Income Growth	-67.32%	56.75%	-53.40%	969.37%	793.95%	-
Shares Outstanding (Basic)	361	399	400	335	-	-
Shares Outstanding (Diluted)	361	399	400	335	-	-
Shares Change (YoY)	-9.69%	-0.14%	19.40%	-	-	-
EPS (Basic)	8.19	18.48	11.77	30.16	-	-
EPS (Diluted)	8.19	18.48	11.77	30.16	-	-
EPS Growth	-63.81%	56.98%	-60.97%	-	-	-
Free Cash Flow	6,010	4,778	-2,956	-1,330	-106.61	243.25
Free Cash Flow Per Share	16.64	11.96	-7.39	-3.97	-	-
Dividend Per Share	4.938	4.938	2.100	-	-	-
Dividend Growth	135.12%	135.12%	-	-	-	-
Gross Margin	72.05%	83.03%	60.36%	33.59%	58.66%	19.67%
Operating Margin	71.09%	81.59%	48.81%	32.38%	32.67%	14.80%
Profit Margin	85.31%	99.03%	105.78%	171.42%	553.97%	10.63%
Free Cash Flow Margin	173.22%	64.11%	-66.40%	-22.57%	-62.51%	24.46%
EBITDA	2,472	6,086	2,191	1,924	59.51	150.88
EBITDA Margin	71.23%	81.66%	49.22%	32.64%	34.89%	15.17%
D&A For EBITDA	4.83	5.73	18.45	15.24	3.79	3.72
EBIT	2,467	6,081	2,172	1,908	55.72	147.17
EBIT Margin	71.09%	81.59%	48.81%	32.38%	32.67%	14.80%
Effective Tax Rate	50.77%	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.