IST:CELHA Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,135	2,152	2,453	2,766	686.84
Revenue Growth (YoY)	-0.80%	-12.27%	-11.31%	302.74%	104.86%
Cost of Revenue	2,012	1,970	2,155	2,394	563.66
Gross Profit	123.08	182.77	298.16	372.21	123.18
Selling, General & Admin	319.7	314.61	261.71	256.71	69.5
Research & Development	23.59	134	22.52	3.35	2.71
Other Operating Expenses	-13.72	14.39	-15.7	-15.76	-4.63
Operating Expenses	329.57	463.01	268.54	244.3	67.59
Operating Income	-206.49	-280.24	29.62	127.91	55.59
Interest Expense	-289.62	-381.49	-255.12	-101.62	-9.91
Interest & Investment Income	7.26	13.21	6.94	3.69	2.26
Currency Exchange Gain (Loss)	2.63	65.8	-15.69	17.57	-37.42
Other Non Operating Income (Expenses)	-295.37	304.07	206.75	-101.5	-0.96
EBT Excluding Unusual Items	-781.59	-278.66	-27.49	-53.95	9.56
Gain (Loss) on Sale of Investments	-2.14	-	-	-	-
Legal Settlements	-4.51	-10.51	-3.76	-2.72	0.32
Pretax Income	-787.21	-289.11	-30.53	-56.46	10.2
Income Tax Expense	-125.69	-121.18	-83.43	-3.16	2.63
Net Income	-661.52	-167.93	52.91	-53.3	7.57
Net Income to Common	-661.52	-167.93	52.91	-53.3	7.57
Shares Outstanding (Basic)	300	101	42	42	37
Shares Outstanding (Diluted)	300	101	42	42	37
Shares Change (YoY)	196.93%	143.45%	-	12.64%	123.29%
EPS (Basic)	-2.21	-1.66	1.27	-1.28	0.21
EPS (Diluted)	-2.21	-1.66	1.27	-1.28	0.21
Free Cash Flow	-606.63	109.82	-586.43	-237.19	-61.35
Free Cash Flow Per Share	-2.02	1.09	-14.13	-5.71	-1.67
Gross Margin	5.76%	8.49%	12.15%	13.46%	17.93%
Operating Margin	-9.67%	-13.02%	1.21%	4.62%	8.09%
Profit Margin	-30.98%	-7.80%	2.16%	-1.93%	1.10%
Free Cash Flow Margin	-28.41%	5.10%	-23.90%	-8.58%	-8.93%
EBITDA	109.52	-164.79	132.07	200.66	66.29
EBITDA Margin	5.13%	-7.66%	5.38%	7.25%	9.65%
D&A For EBITDA	316.01	115.46	102.45	72.74	10.69
EBIT	-206.49	-280.24	29.62	127.91	55.59
EBIT Margin	-9.67%	-13.02%	1.21%	4.62%	8.09%
Effective Tax Rate	-	-	-	-	25.78%

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