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	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	2,072	2,273	2,382
Revenue Growth (YoY)	-	-4.58%	-
Cost of Revenue	1,644	1,795	1,255
Gross Profit	428.65	477.98	1,128
Selling, General & Admin	76.64	89.12	122.17
Other Operating Expenses	12.48	14.88	-9.86
Operating Expenses	89.12	103.99	112.3
Operating Income	339.53	373.99	1,016
Interest Expense	-316.05	-377.61	-229.49
Interest & Investment Income	90.13	90.7	2.73
Currency Exchange Gain (Loss)	-35.02	-12.04	42.11
Other Non Operating Income (Expenses)	-153.42	165.9	-153.1
EBT Excluding Unusual Items	-74.83	240.94	677.86
Gain (Loss) on Sale of Investments	-150.76	-93.16	-
Asset Writedown	-	-	-23.23
Legal Settlements	-0.49	-0.49	-
Pretax Income	-226.07	147.29	654.64
Income Tax Expense	-38.78	56.21	12.36
Net Income	-187.29	91.09	642.28
Net Income to Common	-187.29	91.09	642.28
Net Income Growth	-	-85.82%	-
Shares Outstanding (Basic)	427	402	302
Shares Outstanding (Diluted)	427	402	302
Shares Change (YoY)	-	33.11%	-
EPS (Basic)	-0.44	0.23	2.13
EPS (Diluted)	-0.44	0.23	2.13
EPS Growth	-	-89.35%	-
Free Cash Flow	-259.18	-617.97	-476.37
Free Cash Flow Per Share	-0.61	-1.54	-1.58
Gross Margin	20.68%	21.03%	47.34%
Operating Margin	16.38%	16.45%	42.63%
Profit Margin	-9.04%	4.01%	26.96%
Free Cash Flow Margin	-12.51%	-27.18%	-19.99%
EBITDA	396.58	422.26	1,052
EBITDA Margin	19.13%	18.57%	44.16%
D&A For EBITDA	57.05	48.27	36.55
EBIT	339.53	373.99	1,016
EBIT Margin	16.38%	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.