IST:EFORC Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	9,617	6,733	7,484	6,009	2,627
Revenue Growth (YoY)	38.60%	-10.04%	24.56%	128.76%	-
Cost of Revenue	7,849	5,508	6,275	5,379	2,327
Gross Profit	1,768	1,225	1,210	629.9	299.44
Selling, General & Admin	511.3	358.21	290.88	194.14	88.88
Other Operating Expenses	392.32	-22.23	-59.31	15.09	1.06
Operating Expenses	911.69	341.9	237.32	209.24	89.94
Operating Income	856.37	883.09	972.23	420.66	209.5
Interest Expense	-523.43	-261.51	-176.74	-85.16	-23.4
Interest & Investment Income	52.99	113.93	421.25	95.67	99.87
Currency Exchange Gain (Loss)	15.37	-149.79	-247.13	-30.35	-20.1
Other Non Operating Income (Expenses)	-181.12	-270.83	-186.74	-162.21	-59.96
EBT Excluding Unusual Items	220.19	314.9	782.85	238.61	205.91
Gain (Loss) on Sale of Investments	-5.25	-11.19	-8.45	-6.08	-8.15
Asset Writedown	-21.22	-24.17	-	-	-
Legal Settlements	-0.78	-0.78	-1.07	-1.91	-0.09
Pretax Income	192.94	278.76	773.33	230.62	197.67
Income Tax Expense	-80.59	-162.38	67.69	65.2	18.52
Net Income	273.53	441.13	705.64	165.42	179.14
Net Income to Common	273.53	441.13	705.64	165.42	179.14
Net Income Growth	-52.39%	-37.48%	326.57%	-7.66%	-
Shares Outstanding (Basic)	340	331	152	0	-
Shares Outstanding (Diluted)	340	331	152	0	-
Shares Change (YoY)	36.16%	117.62%	132933.62%	-	-
EPS (Basic)	0.80	1.33	4.64	1446.21	-
EPS (Diluted)	0.80	1.33	4.64	1446.21	-
EPS Growth	-65.03%	-71.27%	-99.68%	-	-
Free Cash Flow	190.55	-599.17	-644.67	-927.86	170.97
Free Cash Flow Per Share	0.56	-1.81	-4.24	-8111.83	-
Dividend Per Share	0.138	0.138	-	-	-
Gross Margin	18.39%	18.20%	16.16%	10.48%	11.40%
Operating Margin	8.91%	13.12%	12.99%	7.00%	7.98%
Profit Margin	2.84%	6.55%	9.43%	2.75%	6.82%
Free Cash Flow Margin	1.98%	-8.90%	-8.61%	-15.44%	6.51%
EBITDA	940.6	949.22	1,016	442.63	226.53
EBITDA Margin	9.78%	14.10%	13.58%	7.37%	8.63%
D&A For EBITDA	84.23	66.12	44.19	21.97	17.03
EBIT	856.37	883.09	972.23	420.66	209.5
EBIT Margin	8.91%	13.12%	12.99%	7.00%	7.98%
Effective Tax Rate	-	-	8.75%	28.27%	9.37%
Advertising Expenses	-	3.17	4.86	-	-

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