IST:BETAE 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
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	2,988	3,639	2,507
Revenue Growth (YoY)	-17.90%	45.17%	-
Cost of Revenue	1,981	2,247	1,879
Gross Profit	1,007	1,392	627.74
Selling, General & Admin	283.97	161.88	132.22
Research & Development	51.35	41.15	25.93
Other Operating Expenses	0.4	48.45	9.76
Operating Expenses	335.72	251.48	167.91
Operating Income	671.03	1,141	459.82
Interest Expense	-367.38	-178.87	-129.69
Interest & Investment Income	115.29	60.89	5.58
Currency Exchange Gain (Loss)	-46.36	-213.18	-36.76
Other Non Operating Income (Expenses)	-397.2	165.52	61.76
EBT Excluding Unusual Items	-24.63	975.05	360.71
Gain (Loss) on Sale of Investments	-1.01	-	-
Other Unusual Items	-13.56	-29.59	-0.62
Pretax Income	-39.2	945.46	360.09
Income Tax Expense	-69	-0.72	56.34
Net Income	29.8	946.17	303.74
Net Income to Common	29.8	946.17	303.74
Net Income Growth	-96.85%	211.50%	-
Gross Margin	33.70%	38.26%	25.04%
Operating Margin	22.46%	31.35%	18.34%
Profit Margin	1.00%	26.00%	12.12%
EBITDA	766.86	1,224	523.61
EBITDA Margin	25.67%	33.64%	20.89%
D&A For EBITDA	95.84	83.55	63.78
EBIT	671.03	1,141	459.82
EBIT Margin	22.46%	31.35%	18.34%
Effective Tax Rate	-	-	15.65%
Advertising Expenses	25.52	2.5	6.86