IST:CRDFA 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	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	99.85	65.59	41.67	18.58	15.13	10.32
Other Revenue	853.18	571.89	268.12	140.14	81.5	49.76
Revenue	953.02	637.48	309.79	158.72	96.63	60.08
Revenue Growth (YoY)	70.22%	105.78%	95.18%	64.25%	60.83%	-43.51%
Cost of Revenue	50.94	38.53	20.16	14.48	11.06	8.65
Gross Profit	902.09	598.95	289.63	144.24	85.57	51.43
Selling, General & Admin	161.2	110.41	53.44	28.02	14.95	10.82
Other Operating Expenses	-7.45	-6.84	-3.55	-6.45	-2.29	-0.47
Operating Expenses	153.74	103.57	49.9	21.56	12.66	10.35
Operating Income	748.34	495.37	239.73	122.68	72.91	41.08
Interest Expense	-531.35	-334.97	-150.91	-82.95	-57.7	-31.81
Interest & Investment Income	193.37	9.29	5.47	4.27	0.45	0.37
Earnings From Equity Investments	-1.93	4.57	2.81	-0.75	2.48	8.65
Currency Exchange Gain (Loss)	0.11	0.02	0.01	0.06	0.11	0.09
EBT Excluding Unusual Items	408.54	174.28	97.11	43.31	18.24	18.39
Legal Settlements	-3.03	-3.03	-1.52	-2.12	-0.68	-0.87
Pretax Income	405.51	171.26	95.59	41.19	17.57	17.52
Income Tax Expense	71.95	51.88	29.48	11.04	4.03	2.12
Net Income	333.56	119.38	66.11	30.15	13.53	15.4
Net Income to Common	333.56	119.38	66.11	30.15	13.53	15.4
Net Income Growth	167.85%	80.59%	119.23%	122.83%	-12.13%	-33.62%
Shares Outstanding (Basic)	-	100	100	87	100	100
Shares Outstanding (Diluted)	-	100	100	87	100	100
Shares Change (YoY)	-	-	15.38%	-13.33%	-	-
EPS (Basic)	-	1.19	0.66	0.35	0.14	0.15
EPS (Diluted)	-	1.19	0.66	0.30	0.14	0.15
EPS Growth	-	80.59%	120.36%	121.69%	-12.13%	-33.62%
Free Cash Flow	-444.2	-292.83	32.17	-36.02	-36.81	125.46
Free Cash Flow Per Share	-	-2.93	0.32	-0.42	-0.37	1.25
Gross Margin	94.66%	93.96%	93.49%	90.88%	88.55%	85.61%
Operating Margin	78.52%	77.71%	77.39%	77.29%	75.45%	68.38%
Profit Margin	35.00%	18.73%	21.34%	19.00%	14.00%	25.63%
Free Cash Flow Margin	-46.61%	-45.93%	10.38%	-22.70%	-38.09%	208.82%
EBITDA	751.55	498.4	242.08	122.8	73.22	41.27
EBITDA Margin	78.86%	78.18%	78.14%	77.37%	75.77%	68.68%
D&A For EBITDA	3.21	3.02	2.35	0.12	0.31	0.18
EBIT	748.34	495.37	239.73	122.68	72.91	41.08
EBIT Margin	78.52%	77.71%	77.39%	77.29%	75.45%	68.38%
Effective Tax Rate	17.74%	30.29%	30.84%	26.79%	22.96%	12.10%
Revenue as Reported	953.02	637.48	309.79	158.72	96.63	60.08
Advertising Expenses	-	-	-	-	-	0

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.