IST:DARDL 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	13,993	14,188	9,338	5,374	1,161
Revenue Growth (YoY)	-1.38%	51.94%	73.77%	363.03%	22.95%
Cost of Revenue	9,432	9,251	6,580	4,631	845.02
Gross Profit	4,560	4,937	2,758	743.19	315.57
Selling, General & Admin	4,080	3,459	1,936	929.53	214.31
Research & Development	59.02	55.72	27.14	17.04	1.82
Other Operating Expenses	26.54	27.85	-29.2	8.43	6.52
Operating Expenses	4,166	3,542	1,934	954.99	222.65
Operating Income	394.41	1,395	823.68	-211.8	92.91
Interest Expense	-2,342	-1,872	-722.51	-287.66	-46.3
Interest & Investment Income	809.39	803.65	245.09	269.74	26.9
Currency Exchange Gain (Loss)	-823.35	-591.83	-771.08	-215.53	-95.29
Other Non Operating Income (Expenses)	365.51	6.84	95.74	542.65	-
EBT Excluding Unusual Items	-1,596	-258.78	-329.09	97.39	-21.78
Gain (Loss) on Sale of Investments	-	-	-	-15.63	-0.01
Legal Settlements	-	-	-	-	0.37
Pretax Income	-1,596	-258.78	-329.09	81.76	-21.42
Income Tax Expense	-389.2	-25.28	-241.06	-183.35	1.19
Net Income	-1,207	-233.51	-88.03	265.11	-22.6
Net Income to Common	-1,207	-233.51	-88.03	265.11	-22.6
Shares Outstanding (Basic)	1,472	586	586	586	231
Shares Outstanding (Diluted)	1,472	586	586	586	231
Shares Change (YoY)	151.12%	-	-	153.85%	333.33%
EPS (Basic)	-0.82	-0.40	-0.15	0.45	-0.10
EPS (Diluted)	-0.82	-0.40	-0.15	0.45	-0.10
Free Cash Flow	-677.31	-1,558	-348.02	-573.59	-507.91
Free Cash Flow Per Share	-0.46	-2.66	-0.59	-0.98	-2.20
Gross Margin	32.59%	34.80%	29.54%	13.83%	27.19%
Operating Margin	2.82%	9.83%	8.82%	-3.94%	8.01%
Profit Margin	-8.63%	-1.65%	-0.94%	4.93%	-1.95%
Free Cash Flow Margin	-4.84%	-10.98%	-3.73%	-10.67%	-43.76%
EBITDA	731.87	1,744	976.49	-132.97	103.02
EBITDA Margin	5.23%	12.29%	10.46%	-2.47%	8.88%
D&A For EBITDA	337.46	349.85	152.81	78.83	10.1
EBIT	394.41	1,395	823.68	-211.8	92.91
EBIT Margin	2.82%	9.83%	8.82%	-3.94%	8.01%
Advertising Expenses	160.59	114.6	128.65	73.49	24.63

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