IST:CVKMD 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	3,277	4,104	2,568	1,896	289.61
Revenue Growth (YoY)	-20.14%	59.80%	35.42%	554.83%	59.37%
Cost of Revenue	2,382	2,622	1,421	862.34	193.57
Gross Profit	894.89	1,482	1,147	1,034	96.04
Selling, General & Admin	433.7	536.71	279.64	240.33	30.6
Other Operating Expenses	-164.12	183.2	85.84	26.71	4.18
Operating Expenses	269.58	719.91	365.48	267.03	34.78
Operating Income	625.32	761.86	781.39	767.07	61.26
Interest Expense	-385.89	-266.42	-29.2	-18.65	-1.25
Interest & Investment Income	168.58	939.75	326.68	7.26	4.19
Currency Exchange Gain (Loss)	-1,834	59.32	139.05	19.52	5.57
Other Non Operating Income (Expenses)	1,948	-241.56	-569.69	83.73	-0.42
EBT Excluding Unusual Items	521.83	1,253	648.22	858.92	69.36
Gain (Loss) on Sale of Investments	-56.1	-3.74	-67.05	-5.96	-14.5
Legal Settlements	-0.54	-1.4	-0.96	-1.63	-0.1
Pretax Income	465.19	1,248	580.21	851.33	54.75
Income Tax Expense	355.14	-22.4	127.75	214.83	12.84
Earnings From Continuing Operations	110.05	1,270	452.46	636.5	41.91
Minority Interest in Earnings	31.36	-21.67	-16.67	-5.64	-2.59
Net Income	141.41	1,249	435.79	630.86	39.32
Net Income to Common	141.41	1,249	435.79	630.86	39.32
Net Income Growth	-88.67%	186.50%	-30.92%	1504.61%	42.81%
Shares Outstanding (Basic)	1,210	1,400	1,316	1,167	12
Shares Outstanding (Diluted)	1,210	1,400	1,316	1,167	12
Shares Change (YoY)	-13.55%	6.37%	12.81%	9900.00%	115.61%
EPS (Basic)	0.12	0.89	0.33	0.54	3.37
EPS (Diluted)	0.12	0.89	0.33	0.54	3.37
EPS Growth	-86.90%	169.34%	-38.77%	-83.95%	-33.77%
Free Cash Flow	1,293	6,739	-371.73	72.28	34.72
Free Cash Flow Per Share	1.07	4.81	-0.28	0.06	2.98
Gross Margin	27.30%	36.11%	44.66%	54.53%	33.16%
Operating Margin	19.08%	18.57%	30.43%	40.45%	21.15%
Profit Margin	4.32%	30.42%	16.97%	33.27%	13.58%
Free Cash Flow Margin	39.44%	164.22%	-14.47%	3.81%	11.99%
EBITDA	977.37	1,159	953.64	862.84	95.3
EBITDA Margin	29.82%	28.23%	37.13%	45.50%	32.91%
D&A For EBITDA	352.05	396.75	172.25	95.77	34.04
EBIT	625.32	761.86	781.39	767.07	61.26
EBIT Margin	19.08%	18.57%	30.43%	40.45%	21.15%
Effective Tax Rate	76.34%	-	22.02%	25.24%	23.45%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.