IST:EFOR 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	12,335	8,813	7,484	6,009	2,627
Revenue Growth (YoY)	39.97%	17.75%	24.56%	128.76%	-
Cost of Revenue	10,066	7,209	6,275	5,379	2,327
Gross Profit	2,269	1,603	1,210	629.9	299.44
Selling, General & Admin	609.84	468.87	290.88	194.14	88.88
Other Operating Expenses	9.4	-29.1	-59.31	15.09	1.06
Operating Expenses	616.53	447.52	237.32	209.24	89.94
Operating Income	1,652	1,156	972.23	420.66	209.5
Interest Expense	-375.89	-342.3	-176.74	-85.16	-23.4
Interest & Investment Income	77.01	149.13	421.25	95.67	99.87
Currency Exchange Gain (Loss)	-788.48	-238.35	-247.13	-30.35	-20.1
Other Non Operating Income (Expenses)	-382.73	-354.49	-186.74	-162.21	-59.96
EBT Excluding Unusual Items	181.9	369.89	782.85	238.61	205.91
Gain (Loss) on Sale of Investments	7.98	27.64	-8.45	-6.08	-8.15
Asset Writedown	-67.18	-31.64	-	-	-
Legal Settlements	-1.22	-1.02	-1.07	-1.91	-0.09
Pretax Income	121.48	364.87	773.33	230.62	197.67
Income Tax Expense	119.23	-212.54	67.69	65.2	18.52
Net Income	2.25	577.41	705.64	165.42	179.14
Net Income to Common	2.25	577.41	705.64	165.42	179.14
Net Income Growth	-99.61%	-18.17%	326.57%	-7.66%	-
Shares Outstanding (Basic)	2,178	2,178	913	1	0
Shares Outstanding (Diluted)	2,178	2,178	913	1	0
Shares Change (YoY)	-	138.55%	132933.62%	2209.39%	-
EPS (Basic)	0.00	0.27	0.77	241.03	6028.12
EPS (Diluted)	0.00	0.27	0.77	241.03	6028.12
EPS Growth	-99.61%	-65.70%	-99.68%	-96.00%	-
Free Cash Flow	2,017	-784.27	-644.67	-927.86	170.97
Free Cash Flow Per Share	0.93	-0.36	-0.71	-1351.97	5753.15
Dividend Per Share	-	0.023	-	-	-
Gross Margin	18.39%	18.20%	16.16%	10.48%	11.40%
Operating Margin	13.39%	13.12%	12.99%	7.00%	7.98%
Profit Margin	0.02%	6.55%	9.43%	2.75%	6.82%
Free Cash Flow Margin	16.35%	-8.90%	-8.61%	-15.44%	6.51%
EBITDA	1,786	1,242	1,016	442.63	226.53
EBITDA Margin	14.48%	14.10%	13.58%	7.37%	8.63%
D&A For EBITDA	134.22	86.55	44.19	21.97	17.03
EBIT	1,652	1,156	972.23	420.66	209.5
EBIT Margin	13.39%	13.12%	12.99%	7.00%	7.98%
Effective Tax Rate	98.15%	-	8.75%	28.27%	9.37%
Advertising Expenses	58.97	4.15	4.86	-	-

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