Derimod Konfeksiyon Ayakkabi Deri Sanayi ve Ticaret A.S. (IST:DERIM)

IST:DERIM Income Statement

Financials in millions TRY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,652	3,771	1,992	376.92	249.43
Revenue Growth (YoY)	-3.15%	89.28%	428.62%	51.11%	-12.44%
Cost of Revenue	3,187	3,319	1,712	322.17	229.24
Gross Profit	465.55	451.94	280.16	54.75	20.19
Selling, General & Admin	230.54	215.48	106.67	22.16	16.54
Other Operating Expenses	-70.67	-35.99	-27.34	0.39	4.37
Operating Expenses	159.87	179.49	79.33	22.55	20.91
Operating Income	305.68	272.45	200.82	32.2	-0.72
Interest Expense	-402.54	-192.82	-86.7	-53.05	-31.61
Interest & Investment Income	325.76	144.3	71.24	38.36	33.84
Currency Exchange Gain (Loss)	-48.3	-46.97	-34.69	-16.04	-5.28
Other Non Operating Income (Expenses)	-61.66	-123.64	-172.96	0.06	-1.12
EBT Excluding Unusual Items	118.94	53.31	-22.28	1.53	-4.89
Pretax Income	118.94	53.31	-22.28	1.53	-4.89
Income Tax Expense	43.32	35.58	21.49	-1.2	0.45
Net Income	75.61	17.73	-43.77	2.73	-5.34
Net Income to Common	75.61	17.73	-43.77	2.73	-5.34
Net Income Growth	326.37%	-	-	-	-
Shares Outstanding (Basic)	54	54	54	27	27
Shares Outstanding (Diluted)	54	54	54	27	27
Shares Change (YoY)	-	-	100.00%	-	134.88%
EPS (Basic)	1.40	0.33	-0.81	0.10	-0.20
EPS (Diluted)	1.40	0.33	-0.81	0.10	-0.20
EPS Growth	326.37%	-	-	-	-
Free Cash Flow	57.78	7.15	202.18	107.41	-7.58
Free Cash Flow Per Share	1.07	0.13	3.74	3.98	-0.28
Gross Margin	12.75%	11.98%	14.06%	14.53%	8.10%
Operating Margin	8.37%	7.22%	10.08%	8.54%	-0.29%
Profit Margin	2.07%	0.47%	-2.20%	0.73%	-2.14%
Free Cash Flow Margin	1.58%	0.19%	10.15%	28.50%	-3.04%
EBITDA	308.06	274.84	202.42	32.51	-0.41
EBITDA Margin	8.43%	7.29%	10.16%	8.63%	-0.16%
D&A For EBITDA	2.38	2.4	1.59	0.31	0.31
EBIT	305.68	272.45	200.82	32.2	-0.72
EBIT Margin	8.37%	7.22%	10.08%	8.54%	-0.29%
Effective Tax Rate	36.43%	66.73%	-	-	-

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.