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	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	1,963	2,273	2,382
Revenue Growth (YoY)	-37.95%	-4.58%	-
Cost of Revenue	1,496	1,795	1,255
Gross Profit	466.34	477.98	1,128
Selling, General & Admin	56.3	89.12	122.17
Other Operating Expenses	9.92	14.88	-9.86
Operating Expenses	66.22	103.99	112.3
Operating Income	400.11	373.99	1,016
Interest Expense	-121.27	-377.61	-229.49
Interest & Investment Income	58.27	90.7	2.73
Currency Exchange Gain (Loss)	-64.88	-12.04	42.11
Other Non Operating Income (Expenses)	-620.61	165.9	-153.1
EBT Excluding Unusual Items	-348.37	240.94	677.86
Gain (Loss) on Sale of Investments	-100.02	-93.16	-
Asset Writedown	-	-	-23.23
Legal Settlements	-0.49	-0.49	-
Pretax Income	-448.88	147.29	654.64
Income Tax Expense	-104.44	56.21	12.36
Net Income	-344.44	91.09	642.28
Net Income to Common	-344.44	91.09	642.28
Net Income Growth	-	-85.82%	-
Shares Outstanding (Basic)	402	402	302
Shares Outstanding (Diluted)	402	402	302
Shares Change (YoY)	6.63%	33.11%	-
EPS (Basic)	-0.86	0.23	2.13
EPS (Diluted)	-0.86	0.23	2.13
EPS Growth	-	-89.35%	-
Free Cash Flow	53.62	-617.97	-476.37
Free Cash Flow Per Share	0.13	-1.54	-1.58
Gross Margin	23.76%	21.03%	47.34%
Operating Margin	20.39%	16.45%	42.63%
Profit Margin	-17.55%	4.01%	26.96%
Free Cash Flow Margin	2.73%	-27.18%	-19.99%
EBITDA	453.42	422.26	1,052
EBITDA Margin	23.10%	18.57%	44.16%
D&A For EBITDA	53.31	48.27	36.55
EBIT	400.11	373.99	1,016
EBIT Margin	20.39%	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.