IST:DERHL 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	4,332	4,032	2,583	1,689	308.89
Revenue Growth (YoY)	7.44%	56.10%	52.92%	446.81%	51.36%
Cost of Revenue	3,257	3,395	2,154	1,452	282.2
Gross Profit	1,075	637.35	429.24	236.89	26.69
Selling, General & Admin	470.51	338.5	226.6	117.34	18.39
Other Operating Expenses	-7.5	6.71	50.93	-0.87	1
Operating Expenses	463.02	345.22	277.53	116.47	19.39
Operating Income	612	292.14	151.71	120.42	7.3
Interest Expense	-392.6	-200.63	-149.08	-60.7	-2.11
Interest & Investment Income	0.8	17.77	7.14	212.18	2.83
Earnings From Equity Investments	-	-	-	-	22.91
Currency Exchange Gain (Loss)	5.36	-77.8	-0.79	-22.52	-1.53
Other Non Operating Income (Expenses)	-99.53	61.15	220.86	68.91	-0.4
EBT Excluding Unusual Items	126.03	92.63	229.84	318.29	29
Gain (Loss) on Sale of Investments	-6.78	-74.2	-12.98	-0.13	-0.3
Gain (Loss) on Sale of Assets	-	-	-	-	0.46
Legal Settlements	-1.8	-	-	-	-0
Pretax Income	117.45	18.43	216.86	318.16	29.16
Income Tax Expense	94.24	-39.1	73.37	49.69	1.52
Earnings From Continuing Operations	23.2	57.53	143.48	268.47	27.64
Minority Interest in Earnings	-14.05	-23.97	-36.7	-212.4	-0.31
Net Income	9.16	33.56	106.78	56.08	27.33
Net Income to Common	9.16	33.56	106.78	56.08	27.33
Net Income Growth	-72.72%	-68.57%	90.43%	105.14%	270.64%
Shares Outstanding (Basic)	197	197	150	75	65
Shares Outstanding (Diluted)	197	197	150	75	65
Shares Change (YoY)	-	31.52%	100.00%	14.99%	0.11%
EPS (Basic)	0.05	0.17	0.71	0.75	0.42
EPS (Diluted)	0.05	0.17	0.71	0.75	0.42
EPS Growth	-72.72%	-76.10%	-4.79%	78.40%	270.23%
Free Cash Flow	-288.43	-704.42	-124.96	74.95	-29.6
Free Cash Flow Per Share	-1.46	-3.57	-0.83	1.00	-0.45
Gross Margin	24.82%	15.81%	16.62%	14.03%	8.64%
Operating Margin	14.13%	7.25%	5.87%	7.13%	2.36%
Profit Margin	0.21%	0.83%	4.13%	3.32%	8.85%
Free Cash Flow Margin	-6.66%	-17.47%	-4.84%	4.44%	-9.58%
EBITDA	694.22	364.48	200.39	155.37	8.78
EBITDA Margin	16.03%	9.04%	7.76%	9.20%	2.84%
D&A For EBITDA	82.22	72.35	48.68	34.95	1.49
EBIT	612	292.14	151.71	120.42	7.3
EBIT Margin	14.13%	7.25%	5.87%	7.13%	2.36%
Effective Tax Rate	80.25%	-	33.84%	15.62%	5.21%
Advertising Expenses	33.59	5.65	3.12	2.22	-

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