Altin Yunus Çesme Turistik Tesisler A.S. (IST:AYCES)

IST:AYCES Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	305.62	311.14	322.56	195.53	63.1	22
Revenue Growth (YoY)	-22.03%	-3.54%	64.96%	209.88%	186.77%	-53.63%
Cost of Revenue	243.8	251.44	235.89	141.4	31.99	18.93
Gross Profit	61.82	59.7	86.67	54.13	31.11	3.07
Selling, General & Admin	81.1	100.39	98.8	55.4	12.84	9.98
Other Operating Expenses	2.52	3.85	5.65	2.84	1.21	1.11
Operating Expenses	83.61	104.24	104.45	58.24	14.05	11.1
Operating Income	-21.8	-44.55	-17.78	-4.11	17.07	-8.02
Interest Expense	-	-6.13	-10.98	-5.97	-3.3	-3.16
Interest & Investment Income	16.59	5.05	3.75	4.6	1.12	0.25
Currency Exchange Gain (Loss)	-0.49	1.35	11.03	2.53	0.6	0.12
Other Non Operating Income (Expenses)	19.37	19.81	20.28	23.4	-1.2	-0.67
EBT Excluding Unusual Items	13.67	-24.47	6.3	20.45	14.29	-11.49
Gain (Loss) on Sale of Investments	-4.54	-	-	-0.28	-	-
Pretax Income	10.13	-23.48	6.43	20.61	14.59	-11.32
Income Tax Expense	4.38	115.46	48.63	3.31	-1.53	-1.06
Net Income	5.75	-138.94	-42.2	17.3	16.12	-10.27
Net Income to Common	5.75	-138.94	-42.2	17.3	16.12	-10.27
Net Income Growth	-	-	-	7.32%	-	-
Shares Outstanding (Basic)	25	25	25	25	25	21
Shares Outstanding (Diluted)	25	25	25	25	25	21
Shares Change (YoY)	0.00%	0.00%	-	-	19.96%	-
EPS (Basic)	0.23	-5.56	-1.69	0.69	0.64	-0.49
EPS (Diluted)	0.23	-5.56	-1.69	0.69	0.64	-0.49
EPS Growth	-	-	-	7.32%	-	-
Free Cash Flow	-0.92	-6.95	32.43	-9.23	19.58	2.28
Free Cash Flow Per Share	-0.04	-0.28	1.30	-0.37	0.78	0.11
Gross Margin	20.23%	19.19%	26.87%	27.68%	49.31%	13.96%
Operating Margin	-7.13%	-14.32%	-5.51%	-2.10%	27.05%	-36.46%
Profit Margin	1.88%	-44.66%	-13.08%	8.85%	25.55%	-46.66%
Free Cash Flow Margin	-0.30%	-2.23%	10.05%	-4.72%	31.03%	10.37%
EBITDA	48.88	26.4	47.71	29.39	25.34	0.14
EBITDA Margin	16.00%	8.48%	14.79%	15.03%	40.15%	0.63%
D&A For EBITDA	70.68	70.94	65.49	33.5	8.27	8.16
EBIT	-21.8	-44.55	-17.78	-4.11	17.07	-8.02
EBIT Margin	-7.13%	-14.32%	-5.51%	-2.10%	27.05%	-36.46%
Effective Tax Rate	43.21%	-	756.53%	16.07%	-	-
Advertising Expenses	-	6.82	6.13	3.14	1.09	0.52

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.