IST:AYDEM 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	Sep '25 Sep 30, 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	9,378	6,584	9,181	7,566	1,241	1,340
Revenue Growth (YoY)	1.68%	-28.29%	21.35%	509.76%	-7.43%	11.98%
Operations & Maintenance	8.12	8.12	7.08	6.73	2.07	3.24
Selling, General & Admin	692.49	635.55	904.71	318.2	94.15	113.72
Other Operating Expenses	8,070	4,936	5,292	3,232	705.76	584.75
Total Operating Expenses	8,771	5,579	6,204	3,557	801.97	701.71
Operating Income	607.46	1,004	2,977	4,008	438.78	638.66
Interest Expense	-1,642	-2,210	-2,576	-1,765	-488.32	-399.25
Interest Income	1,036	1,152	1,009	82.59	10.55	13.07
Net Interest Expense	-606.13	-1,058	-1,567	-1,682	-477.77	-386.18
Income (Loss) on Equity Investments	-	-	-	-	-	-7.29
Currency Exchange Gain (Loss)	-5,397	-4,021	-14,256	-978.53	34.13	-982.78
Other Non-Operating Income (Expenses)	4,070	7,151	13,692	13,254	-14.79	-14.26
EBT Excluding Unusual Items	-1,326	3,077	844.71	14,601	-19.64	-751.85
Gain (Loss) on Sale of Investments	-18,461	-19,086	-5,289	-4,954	-	-
Insurance Settlements	122.99	122.99	-	12.53	6.38	38.48
Legal Settlements	-1.99	-1.99	-32.04	3.19	-1.07	-1.13
Other Unusual Items	-	-	188.14	435.71	-	-
Pretax Income	-19,665	-15,888	-4,289	10,099	-14.33	-714.51
Income Tax Expense	-3,647	-4,118	-2,440	5,126	105.96	-147.23
Earnings From Continuing Ops.	-16,019	-11,770	-1,848	4,973	-120.29	-567.28
Net Income	-16,019	-11,770	-1,848	4,973	-120.29	-567.28
Net Income to Common	-16,019	-11,770	-1,848	4,973	-120.29	-567.28
Shares Outstanding (Basic)	699	699	701	701	703	700
Shares Outstanding (Diluted)	699	699	701	701	703	700
Shares Change (YoY)	-0.04%	-0.27%	-0.01%	-0.36%	0.48%	-
EPS (Basic)	-22.92	-16.84	-2.64	7.10	-0.17	-0.81
EPS (Diluted)	-22.92	-16.84	-2.64	7.10	-0.17	-0.81
Free Cash Flow	7,747	2,942	3,236	4,542	1,104	998.13
Free Cash Flow Per Share	11.09	4.21	4.62	6.48	1.57	1.43
Dividend Per Share	-	-	0.546	-	-	-
Profit Margin	-170.80%	-178.78%	-20.13%	65.73%	-9.70%	-42.32%
Free Cash Flow Margin	82.61%	44.69%	35.25%	60.04%	88.95%	74.47%
EBITDA	2,706	3,930	5,943	6,097	887.32	988.28
EBITDA Margin	28.85%	59.69%	64.73%	80.59%	71.52%	73.73%
D&A For EBITDA	2,098	2,925	2,966	2,089	448.54	349.61
EBIT	607.46	1,004	2,977	4,008	438.78	638.66
EBIT Margin	6.48%	15.25%	32.42%	52.98%	35.36%	47.65%
Effective Tax Rate	-	-	-	50.76%	-	-

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