EFORC Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,794	5,965	6,009	2,627
Revenue Growth (YoY)	-20.21%	-0.73%	128.76%	-
Cost of Revenue	4,026	5,002	5,379	2,327
Gross Profit	768.28	962.78	629.9	299.44
Selling, General & Admin	284.6	230.64	194.14	88.88
Other Operating Expenses	11.13	-42.68	15.09	1.06
Operating Expenses	295.74	187.95	209.24	89.94
Operating Income	472.55	774.82	420.66	209.5
Interest Expense	-178.62	-140.87	-85.16	-23.4
Interest & Investment Income	246.68	335.71	95.67	99.87
Currency Exchange Gain (Loss)	-234.72	-196.95	-30.35	-20.1
Other Non Operating Income (Expenses)	-159.11	-148.81	-162.21	-59.96
EBT Excluding Unusual Items	146.79	623.9	238.61	205.91
Gain (Loss) on Sale of Investments	-20.23	-6.73	-6.08	-8.15
Legal Settlements	-0.85	-0.85	-1.91	-0.09
Pretax Income	125.7	616.31	230.62	197.67
Income Tax Expense	-159.18	53.95	65.2	18.52
Net Income	284.88	562.37	165.42	179.14
Net Income to Common	284.88	562.37	165.42	179.14
Net Income Growth	72.21%	239.96%	-7.66%	-
Shares Outstanding (Basic)	249	152	0	-
Shares Outstanding (Diluted)	249	152	0	-
Shares Change (YoY)	217988.80%	132933.62%	-	-
EPS (Basic)	1.14	3.70	1446.21	-
EPS (Diluted)	1.14	3.70	1446.21	-
EPS Growth	-99.92%	-99.74%	-	-
Free Cash Flow	-1,778	-574.17	-927.86	170.97
Free Cash Flow Per Share	-7.13	-3.77	-8111.83	-
Gross Margin	16.02%	16.14%	10.48%	11.40%
Operating Margin	9.86%	12.99%	7.00%	7.98%
Profit Margin	5.94%	9.43%	2.75%	6.82%
Free Cash Flow Margin	-37.08%	-9.63%	-15.44%	6.51%
EBITDA	532	809.71	442.63	226.53
EBITDA Margin	11.10%	13.57%	7.37%	8.62%
D&A For EBITDA	59.45	34.89	21.97	17.03
EBIT	472.55	774.82	420.66	209.5
EBIT Margin	9.86%	12.99%	7.00%	7.98%
Effective Tax Rate	-	8.75%	28.27%	9.37%

Source: S&P Capital IQ. Standard template. Financial Sources.