IST:DERIM Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	4,232	4,509	4,781	3,771	1,992	376.92
Revenue Growth (YoY)	13.88%	-5.69%	26.77%	89.28%	428.62%	51.11%
Cost of Revenue	3,604	3,837	4,171	3,319	1,712	322.17
Gross Profit	628.22	672.03	609.37	451.94	280.16	54.75
Selling, General & Admin	252.78	268.25	301.76	215.48	106.67	22.16
Other Operating Expenses	-51.99	-44.38	-92.5	-35.99	-27.34	0.39
Operating Expenses	200.79	223.87	209.26	179.49	79.33	22.55
Operating Income	427.43	448.16	400.12	272.45	200.82	32.2
Interest Expense	-527.56	-528.43	-526.9	-192.82	-86.7	-53.05
Interest & Investment Income	423.31	405.84	426.4	144.3	71.24	38.36
Currency Exchange Gain (Loss)	-48.83	-48.83	-63.23	-46.97	-34.69	-16.04
Other Non Operating Income (Expenses)	-102.06	-116.44	-80.71	-123.64	-172.96	0.06
EBT Excluding Unusual Items	172.29	160.29	155.68	53.31	-22.28	1.53
Pretax Income	172.29	160.29	155.68	53.31	-22.28	1.53
Income Tax Expense	78.43	67.25	56.71	35.58	21.49	-1.2
Net Income	93.86	93.04	98.97	17.73	-43.77	2.73
Net Income to Common	93.86	93.04	98.97	17.73	-43.77	2.73
Net Income Growth	2.09%	-5.99%	458.09%	-	-	-
Shares Outstanding (Basic)	54	54	54	54	54	27
Shares Outstanding (Diluted)	54	54	54	54	54	27
Shares Change (YoY)	-	-	-	-	100.00%	-
EPS (Basic)	1.74	1.72	1.83	0.33	-0.81	0.10
EPS (Diluted)	1.74	1.72	1.83	0.33	-0.81	0.10
EPS Growth	2.09%	-5.99%	458.09%	-	-	-
Free Cash Flow	-	340.65	75.63	7.15	202.18	107.41
Free Cash Flow Per Share	-	6.31	1.40	0.13	3.74	3.98
Gross Margin	14.85%	14.90%	12.75%	11.98%	14.06%	14.53%
Operating Margin	10.10%	9.94%	8.37%	7.22%	10.08%	8.54%
Profit Margin	2.22%	2.06%	2.07%	0.47%	-2.20%	0.73%
Free Cash Flow Margin	-	7.56%	1.58%	0.19%	10.15%	28.50%
EBITDA	429.4	450.12	405.28	274.84	202.42	32.51
EBITDA Margin	10.15%	9.98%	8.48%	7.29%	10.16%	8.63%
D&A For EBITDA	1.97	1.96	5.16	2.4	1.59	0.31
EBIT	427.43	448.16	400.12	272.45	200.82	32.2
EBIT Margin	10.10%	9.94%	8.37%	7.22%	10.08%	8.54%
Effective Tax Rate	45.52%	41.96%	36.43%	66.73%	-	-

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