IST:BURCE 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	580.68	1,347	950.94	556.71	119.01	81.53
Revenue Growth (YoY)	-62.56%	41.64%	70.81%	367.79%	45.96%	24.52%
Cost of Revenue	510.17	1,013	716.54	407.04	94.89	70.23
Gross Profit	70.5	333.82	234.4	149.67	24.12	11.31
Selling, General & Admin	130.63	132.35	97.42	57.06	13.2	11.33
Research & Development	13.91	14.43	13.26	5.82	1.18	0.73
Other Operating Expenses	46.29	11.03	19.88	0.24	1.46	2.08
Operating Expenses	190.84	157.8	130.57	63.13	15.83	14.14
Operating Income	-120.33	176.01	103.83	86.55	8.29	-2.83
Interest Expense	-23.28	-18.47	-26.65	-17.9	-7.24	-6.98
Interest & Investment Income	3.39	9.36	3.55	2.1	0.13	10.07
Currency Exchange Gain (Loss)	4.54	-10.82	-16.45	-1.89	1.7	1.05
Other Non Operating Income (Expenses)	60.45	-51.97	53.61	36.4	-	-
EBT Excluding Unusual Items	-75.23	104.12	117.89	105.26	2.89	1.31
Gain (Loss) on Sale of Investments	-0.23	-1.33	-0.08	-	-0.14	-
Pretax Income	-75.45	102.79	117.81	106.33	2.75	1.43
Income Tax Expense	-4.55	33.55	38.99	-2.53	0.25	-1.55
Earnings From Continuing Operations	-70.91	69.25	78.81	108.86	2.5	2.98
Minority Interest in Earnings	25.48	-21.14	-2.67	-6.58	-0.24	-0.15
Net Income	-45.42	48.11	76.14	102.28	2.27	2.83
Net Income to Common	-45.42	48.11	76.14	102.28	2.27	2.83
Net Income Growth	-	-36.82%	-25.56%	4414.67%	-19.82%	-
Shares Outstanding (Basic)	84	84	84	84	84	84
Shares Outstanding (Diluted)	84	84	84	84	84	84
EPS (Basic)	-0.54	0.57	0.90	1.21	0.03	0.03
EPS (Diluted)	-0.54	0.57	0.90	1.21	0.03	0.03
EPS Growth	-	-36.82%	-25.56%	4414.79%	-19.82%	-
Free Cash Flow	-103.28	38.45	148.11	105.52	5.65	-0.91
Free Cash Flow Per Share	-1.23	0.46	1.76	1.25	0.07	-0.01
Dividend Per Share	-	-	0.163	-	-	-
Gross Margin	12.14%	24.78%	24.65%	26.88%	20.27%	13.87%
Operating Margin	-20.72%	13.07%	10.92%	15.55%	6.97%	-3.47%
Profit Margin	-7.82%	3.57%	8.01%	18.37%	1.90%	3.46%
Free Cash Flow Margin	-17.79%	2.85%	15.57%	18.95%	4.75%	-1.12%
EBITDA	-91.45	201.93	125.63	101.77	11.38	-0.03
EBITDA Margin	-15.75%	14.99%	13.21%	18.28%	9.56%	-0.04%
D&A For EBITDA	28.88	25.92	21.8	15.22	3.09	2.8
EBIT	-120.33	176.01	103.83	86.55	8.29	-2.83
EBIT Margin	-20.72%	13.07%	10.92%	15.55%	6.97%	-3.47%
Effective Tax Rate	-	32.63%	33.10%	-	9.03%	-

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