IST:CATES 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	5,247	5,398	7,646	6,415	630.5	461.7
Revenue Growth (YoY)	-28.75%	-29.40%	19.20%	917.40%	36.56%	-
Operations & Maintenance	115.96	115.96	23.03	18.74	3.78	1.97
Selling, General & Admin	499.5	408.26	330	157.96	22.66	17.17
Other Operating Expenses	4,560	4,812	6,394	5,029	654.99	418.57
Total Operating Expenses	5,176	5,337	6,747	5,206	681.43	437.7
Operating Income	71.13	61.13	899.37	1,209	-50.94	24
Interest Expense	-79.11	-110.09	-600.4	-592.83	-97.83	-304.73
Interest Income	292.23	383.83	145.59	23.6	6.06	3.86
Net Interest Expense	213.12	273.74	-454.81	-569.23	-91.77	-300.87
Currency Exchange Gain (Loss)	43.04	43.04	407.01	-59.85	-130.56	-49.19
Other Non-Operating Income (Expenses)	-320.49	-197.98	1,458	2,292	-6.56	-5
EBT Excluding Unusual Items	6.79	179.93	2,309	2,872	-279.82	-331.05
Gain (Loss) on Sale of Investments	-4,525	-4,525	-842.57	-	-	-
Legal Settlements	11.65	11.65	-7.85	-3.94	-5.15	-2.31
Pretax Income	-4,507	-4,334	1,459	2,868	-284.97	-333.36
Income Tax Expense	-683.69	-904.06	-737.58	331.05	-115.25	-
Net Income	-3,823	-3,429	2,197	2,537	-169.72	-333.36
Net Income to Common	-3,823	-3,429	2,197	2,537	-169.72	-333.36
Net Income Growth	-	-	-13.42%	-	-	-
Shares Outstanding (Basic)	165	165	139	79	48	48
Shares Outstanding (Diluted)	165	165	139	79	48	48
Shares Change (YoY)	10.59%	19.19%	74.37%	65.61%	-	-
EPS (Basic)	-23.14	-20.76	15.85	31.92	-3.54	-6.95
EPS (Diluted)	-23.14	-20.76	15.85	31.92	-3.54	-6.95
EPS Growth	-	-	-50.34%	-	-	-
Free Cash Flow	790.25	217.42	2,011	455.19	-2.67	116.42
Free Cash Flow Per Share	4.78	1.32	14.51	5.73	-0.06	2.42
Profit Margin	-72.86%	-63.53%	28.73%	39.55%	-26.92%	-72.20%
Free Cash Flow Margin	15.06%	4.03%	26.31%	7.10%	-0.42%	25.21%
EBITDA	882	954.42	1,951	1,846	35.45	70.36
EBITDA Margin	16.81%	17.68%	25.52%	28.77%	5.62%	15.24%
D&A For EBITDA	810.88	893.29	1,052	636.84	86.39	46.36
EBIT	71.13	61.13	899.37	1,209	-50.94	24
EBIT Margin	1.36%	1.13%	11.76%	18.84%	-8.08%	5.20%
Effective Tax Rate	-	-	-	11.54%	-	-

Source: S&P Global Market Intelligence. Utility template. Financial Sources.