IST:CRFSA 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	83,612	85,949	64,020	36,273	9,368
Revenue Growth (YoY)	-2.72%	34.26%	76.49%	287.22%	18.35%
Cost of Revenue	64,433	66,344	51,353	29,308	6,790
Gross Profit	19,179	19,605	12,667	6,965	2,577
Selling, General & Admin	20,796	20,640	14,409	8,168	2,124
Other Operating Expenses	263.45	244.19	198.63	206.04	85.41
Operating Expenses	21,059	20,885	14,607	8,374	2,210
Operating Income	-1,880	-1,280	-1,940	-1,409	367.51
Interest Expense	-12,982	-10,664	-4,303	-2,180	-812.07
Interest & Investment Income	43.5	56.8	69.08	71.34	3.31
Currency Exchange Gain (Loss)	-49.72	-5.57	110.96	44.74	21.64
Other Non Operating Income (Expenses)	7,052	7,447	7,946	4,973	-12.35
EBT Excluding Unusual Items	-7,817	-4,445	1,883	1,499	-431.96
Impairment of Goodwill	-	-	-367.61	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	-24.42
Gain (Loss) on Sale of Assets	-7.43	-	-	-	-
Asset Writedown	-231.58	-51.64	-90.05	1.58	-0.43
Legal Settlements	-	149.3	-106.12	-	-
Other Unusual Items	-302.26	-	1.21	4.98	9.83
Pretax Income	-8,358	-4,347	1,320	1,506	-446.98
Income Tax Expense	-1,819	-615.56	-418.36	344.91	-16.48
Net Income	-6,539	-3,732	1,739	1,161	-430.49
Net Income to Common	-6,539	-3,732	1,739	1,161	-430.49
Net Income Growth	-	-	49.76%	-	-
Shares Outstanding (Basic)	128	128	128	128	128
Shares Outstanding (Diluted)	128	128	128	128	128
Shares Change (YoY)	-	-	-	-	34.13%
EPS (Basic)	-51.18	-29.21	13.61	9.09	-3.37
EPS (Diluted)	-51.18	-29.21	13.61	9.09	-3.37
EPS Growth	-	-	49.76%	-	-
Free Cash Flow	898.78	1,036	3,476	2,614	229.87
Free Cash Flow Per Share	7.03	8.11	27.20	20.46	1.80
Gross Margin	22.94%	22.81%	19.79%	19.20%	27.51%
Operating Margin	-2.25%	-1.49%	-3.03%	-3.89%	3.92%
Profit Margin	-7.82%	-4.34%	2.72%	3.20%	-4.60%
Free Cash Flow Margin	1.07%	1.21%	5.43%	7.21%	2.45%
EBITDA	-336.27	342.85	-770.99	-646.25	521.23
EBITDA Margin	-0.40%	0.40%	-1.20%	-1.78%	5.56%
D&A For EBITDA	1,544	1,622	1,169	762.9	153.73
EBIT	-1,880	-1,280	-1,940	-1,409	367.51
EBIT Margin	-2.25%	-1.49%	-3.03%	-3.89%	3.92%
Effective Tax Rate	-	-	-	22.91%	-
Advertising Expenses	744.51	807.06	537.37	220.33	66.37

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