IST:CWENE 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	16,356	13,771	16,608	8,798	1,003
Revenue Growth (YoY)	18.77%	-17.08%	88.78%	777.17%	121.70%
Cost of Revenue	12,304	10,410	12,729	6,851	842.94
Gross Profit	4,052	3,361	3,879	1,947	160.06
Selling, General & Admin	1,472	1,184	834.51	228.78	39.24
Research & Development	101.41	27.97	17.58	9.5	0.7
Other Operating Expenses	-145.45	-93.44	-2.36	-35.66	-16.35
Operating Expenses	1,428	1,119	849.73	202.62	23.59
Operating Income	2,624	2,242	3,030	1,745	136.47
Interest Expense	-1,764	-759.12	-256.68	-114.97	-71.06
Interest & Investment Income	16.15	55.69	304.03	13.9	21.46
Earnings From Equity Investments	-	-	-0	-	-
Currency Exchange Gain (Loss)	-302.19	-970.96	-1,184	-329.12	-93.58
Other Non Operating Income (Expenses)	637.39	386.89	-886.49	-154.02	-
EBT Excluding Unusual Items	1,211	954.77	1,007	1,160	-6.71
Gain (Loss) on Sale of Investments	-51.05	-190.74	-384.21	-0.67	-0.74
Legal Settlements	-10.63	-17.04	-0.32	-0.44	-0.02
Pretax Income	1,149	746.99	622.27	1,159	-7.48
Income Tax Expense	-1,066	268.93	75.49	-161.36	-10.48
Net Income	2,215	478.06	546.78	1,321	3
Net Income to Common	2,215	478.06	546.78	1,321	3
Net Income Growth	363.35%	-12.57%	-58.60%	43949.57%	-88.44%
Shares Outstanding (Basic)	1,078	1,078	1,078	915	915
Shares Outstanding (Diluted)	1,078	1,078	1,078	915	915
Shares Change (YoY)	-	-	17.86%	-	-
EPS (Basic)	2.05	0.44	0.51	1.44	0.00
EPS (Diluted)	2.05	0.44	0.51	1.44	0.00
EPS Growth	363.35%	-12.57%	-64.87%	43951.97%	-88.44%
Free Cash Flow	-5,661	-2,728	-4,808	439.87	-45.57
Free Cash Flow Per Share	-5.25	-2.53	-4.46	0.48	-0.05
Dividend Per Share	-	-	0.088	-	-
Gross Margin	24.77%	24.41%	23.36%	22.13%	15.96%
Operating Margin	16.04%	16.28%	18.24%	19.83%	13.61%
Profit Margin	13.54%	3.47%	3.29%	15.01%	0.30%
Free Cash Flow Margin	-34.61%	-19.81%	-28.95%	5.00%	-4.54%
EBITDA	2,922	2,496	3,197	1,798	143.49
EBITDA Margin	17.86%	18.12%	19.25%	20.44%	14.31%
D&A For EBITDA	297.76	253.26	167.06	53.4	7.02
EBIT	2,624	2,242	3,030	1,745	136.47
EBIT Margin	16.04%	16.28%	18.24%	19.83%	13.61%
Effective Tax Rate	-	36.00%	12.13%	-	-
Advertising Expenses	82.16	78.32	37.85	11.5	2.25

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