Cem Zeytin Anonim Sirketi 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	2,105	2,273	2,382
Revenue Growth (YoY)	-11.66%	-4.58%	-
Cost of Revenue	1,739	1,795	1,255
Gross Profit	365.24	477.98	1,128
Selling, General & Admin	70.47	89.12	122.17
Other Operating Expenses	12.87	14.88	-9.86
Operating Expenses	83.34	103.99	112.3
Operating Income	281.9	373.99	1,016
Interest Expense	-201.66	-377.61	-229.49
Interest & Investment Income	97.08	90.7	2.73
Currency Exchange Gain (Loss)	-67.09	-12.04	42.11
Other Non Operating Income (Expenses)	-262.45	165.9	-153.1
EBT Excluding Unusual Items	-152.22	240.94	677.86
Gain (Loss) on Sale of Investments	-144.63	-93.16	-
Asset Writedown	-	-	-23.23
Legal Settlements	-0.64	-0.49	-
Pretax Income	-297.5	147.29	654.64
Income Tax Expense	-8.24	56.21	12.36
Net Income	-289.25	91.09	642.28
Net Income to Common	-289.25	91.09	642.28
Net Income Growth	-	-85.82%	-
Shares Outstanding (Basic)	402	402	302
Shares Outstanding (Diluted)	402	402	302
Shares Change (YoY)	33.11%	33.11%	-
EPS (Basic)	-0.72	0.23	2.13
EPS (Diluted)	-0.72	0.23	2.13
EPS Growth	-	-89.35%	-
Free Cash Flow	-227.65	-617.97	-476.37
Free Cash Flow Per Share	-0.57	-1.54	-1.58
Gross Margin	17.35%	21.03%	47.34%
Operating Margin	13.39%	16.45%	42.63%
Profit Margin	-13.74%	4.01%	26.96%
Free Cash Flow Margin	-10.82%	-27.18%	-19.99%
EBITDA	333.91	422.26	1,052
EBITDA Margin	15.87%	18.57%	44.16%
D&A For EBITDA	52.02	48.27	36.55
EBIT	281.9	373.99	1,016
EBIT Margin	13.39%	16.45%	42.63%
Effective Tax Rate	-	38.16%	1.89%
Advertising Expenses	-	1.01	1.13

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