IST:CRFSA 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
Revenue	64,934	65,715	64,020	36,273	9,368	7,915
Revenue Growth (YoY)	-19.16%	2.65%	76.49%	287.22%	18.35%	23.95%
Cost of Revenue	50,348	51,149	51,353	29,308	6,790	5,802
Gross Profit	14,587	14,566	12,667	6,965	2,577	2,113
Selling, General & Admin	15,579	15,357	14,409	8,168	2,124	1,810
Other Operating Expenses	430.31	203.66	198.63	206.04	85.41	27.74
Operating Expenses	16,009	15,560	14,607	8,374	2,210	1,838
Operating Income	-1,422	-994.9	-1,940	-1,409	367.51	274.45
Interest Expense	-9,977	-8,147	-4,303	-2,180	-812.07	-550.61
Interest & Investment Income	52.54	43.39	69.08	71.34	3.31	12.36
Currency Exchange Gain (Loss)	-30.27	-4.26	110.96	44.74	21.64	0.42
Other Non Operating Income (Expenses)	5,352	5,690	7,946	4,973	-12.35	-12.4
EBT Excluding Unusual Items	-6,025	-3,413	1,883	1,499	-431.96	-275.77
Impairment of Goodwill	-	-	-367.61	-	-	-
Gain (Loss) on Sale of Investments	-488.65	-	-	-	-24.42	-
Asset Writedown	-39.16	-39.16	-90.05	1.58	-0.43	0.76
Legal Settlements	114.06	114.06	-106.12	-	-	-
Other Unusual Items	17.02	17.02	1.21	4.98	9.83	2.89
Pretax Income	-6,422	-3,321	1,320	1,506	-446.98	-272.12
Income Tax Expense	-1,106	-470.28	-418.36	344.91	-16.48	32.05
Net Income	-5,316	-2,851	1,739	1,161	-430.49	-304.17
Net Income to Common	-5,316	-2,851	1,739	1,161	-430.49	-304.17
Net Income Growth	-	-	49.76%	-	-	-
Shares Outstanding (Basic)	128	128	128	128	128	95
Shares Outstanding (Diluted)	128	128	128	128	128	95
Shares Change (YoY)	-	-	-	-	34.13%	-8.62%
EPS (Basic)	-41.60	-22.31	13.61	9.09	-3.37	-3.19
EPS (Diluted)	-41.60	-22.31	13.61	9.09	-3.37	-3.19
EPS Growth	-	-	49.76%	-	-	-
Free Cash Flow	-148.64	1,125	3,476	2,614	229.87	635.59
Free Cash Flow Per Share	-1.16	8.80	27.20	20.46	1.80	6.67
Gross Margin	22.46%	22.17%	19.79%	19.20%	27.51%	26.69%
Operating Margin	-2.19%	-1.51%	-3.03%	-3.89%	3.92%	3.47%
Profit Margin	-8.19%	-4.34%	2.72%	3.20%	-4.60%	-3.84%
Free Cash Flow Margin	-0.23%	1.71%	5.43%	7.21%	2.45%	8.03%
EBITDA	-231.64	244.62	-770.99	-646.25	521.23	428.23
EBITDA Margin	-0.36%	0.37%	-1.20%	-1.78%	5.56%	5.41%
D&A For EBITDA	1,191	1,240	1,169	762.9	153.73	153.77
EBIT	-1,422	-994.9	-1,940	-1,409	367.51	274.45
EBIT Margin	-2.19%	-1.51%	-3.03%	-3.89%	3.92%	3.47%
Effective Tax Rate	-	-	-	22.91%	-	-
Advertising Expenses	-	612.56	537.37	220.33	66.37	38.97

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