Çelebi Hava Servisi A.S. 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	18,228	12,701	10,865	6,072	2,560
Revenue Growth (YoY)	43.52%	16.90%	78.93%	137.17%	66.08%
Cost of Revenue	11,950	8,312	7,198	3,902	1,728
Gross Profit	6,278	4,389	3,667	2,170	831.87
Selling, General & Admin	1,807	1,254	1,005	590.64	278.2
Other Operating Expenses	279.29	85.07	133.5	7.72	24.88
Operating Expenses	2,086	1,339	1,139	598.36	303.08
Operating Income	4,192	3,049	2,529	1,571	528.79
Interest Expense	-486.03	-289.95	-290.36	-200.48	-132.1
Interest & Investment Income	281.01	200.68	149.57	64.31	114.61
Earnings From Equity Investments	-	-	-	-1.91	3.78
Currency Exchange Gain (Loss)	-61.16	-23.19	332.16	21.74	126.58
Other Non Operating Income (Expenses)	-77.08	189.74	25.57	38.24	5.97
EBT Excluding Unusual Items	3,849	3,127	2,746	1,493	647.63
Gain (Loss) on Sale of Investments	-13.81	-1.89	-7.53	-27.87	-1.22
Legal Settlements	-15.11	-8.25	-20.49	-4.95	-16.97
Other Unusual Items	-0.22	-0.28	-	-	-
Pretax Income	3,828	3,121	2,721	1,461	630.04
Income Tax Expense	378.88	304.44	895.61	302.74	65.11
Earnings From Continuing Operations	3,449	2,816	1,825	1,158	564.92
Earnings From Discontinued Operations	275.04	772.24	0.9	-4.42	-
Net Income to Company	3,724	3,588	1,826	1,154	564.92
Minority Interest in Earnings	-86.9	-21.9	-158.34	-74.04	-31.47
Net Income	3,637	3,566	1,668	1,080	533.45
Net Income to Common	3,637	3,566	1,668	1,080	533.45
Net Income Growth	1.98%	113.85%	54.43%	102.45%	-
Shares Outstanding (Basic)	24	24	24	24	24
Shares Outstanding (Diluted)	24	24	24	24	24
EPS (Basic)	149.68	146.77	68.63	44.44	21.95
EPS (Diluted)	149.68	146.77	68.63	44.44	21.95
EPS Growth	1.98%	113.85%	54.43%	102.45%	-
Free Cash Flow	1,195	3,552	2,117	1,481	540.34
Free Cash Flow Per Share	49.16	146.18	87.11	60.95	22.24
Dividend Per Share	-	-	63.000	42.400	-
Dividend Growth	-	-	48.59%	-	-
Gross Margin	34.44%	34.56%	33.75%	35.73%	32.49%
Operating Margin	23.00%	24.01%	23.27%	25.88%	20.65%
Profit Margin	19.95%	28.08%	15.35%	17.79%	20.84%
Free Cash Flow Margin	6.55%	27.97%	19.48%	24.39%	21.11%
EBITDA	4,836	3,594	2,868	1,768	644.64
EBITDA Margin	26.53%	28.30%	26.40%	29.12%	25.18%
D&A For EBITDA	644.18	544.51	339.49	196.58	115.85
EBIT	4,192	3,049	2,529	1,571	528.79
EBIT Margin	23.00%	24.01%	23.27%	25.88%	20.65%
Effective Tax Rate	9.90%	9.76%	32.92%	20.72%	10.33%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.