IST:EGSER 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	4,516	3,523	3,953	4,269	1,061
Revenue Growth (YoY)	28.17%	-10.88%	-7.40%	302.19%	70.05%
Cost of Revenue	4,189	3,517	2,988	3,137	675.67
Gross Profit	326.18	6.36	965.24	1,132	385.78
Selling, General & Admin	769.49	781.72	783.85	526.76	120.35
Research & Development	73.01	55.36	38.75	20.61	6.09
Other Operating Expenses	-51.23	0.22	45.39	9.28	-11.75
Operating Expenses	791.28	837.3	867.99	556.64	114.69
Operating Income	-465.1	-830.94	97.25	574.88	271.09
Interest Expense	-733.81	-321.38	-151.17	-96.18	-14.06
Interest & Investment Income	130.06	151.12	53.89	21.38	6.79
Currency Exchange Gain (Loss)	-150.76	27.24	-28.69	28.34	76.08
Other Non Operating Income (Expenses)	149.77	-341.09	-185.45	-412.11	-
EBT Excluding Unusual Items	-1,070	-1,315	-214.17	116.3	339.9
Gain (Loss) on Sale of Investments	-6.51	-37.7	-15.71	-14.15	-2.75
Legal Settlements	-2.48	-1.54	-1.25	1.99	0.2
Pretax Income	-1,065	-1,353	-230.68	104.25	337.62
Income Tax Expense	102.71	-188	-74.94	-117.37	74.95
Net Income	-1,167	-1,165	-155.75	221.62	262.66
Net Income to Common	-1,167	-1,165	-155.75	221.62	262.66
Net Income Growth	-	-	-	-15.63%	172.56%
Shares Outstanding (Basic)	720	720	720	285	285
Shares Outstanding (Diluted)	720	720	720	285	285
Shares Change (YoY)	-	-	152.63%	-	-
EPS (Basic)	-1.62	-1.62	-0.22	0.78	0.92
EPS (Diluted)	-1.62	-1.62	-0.22	0.78	0.92
EPS Growth	-	-	-	-15.63%	172.56%
Free Cash Flow	-549.18	-864.23	-542.18	-326.94	181.88
Free Cash Flow Per Share	-0.76	-1.20	-0.75	-1.15	0.64
Dividend Per Share	-	-	-	-	0.595
Dividend Growth	-	-	-	-	153.82%
Gross Margin	7.22%	0.18%	24.42%	26.51%	36.34%
Operating Margin	-10.30%	-23.59%	2.46%	13.47%	25.54%
Profit Margin	-25.85%	-33.06%	-3.94%	5.19%	24.75%
Free Cash Flow Margin	-12.16%	-24.53%	-13.71%	-7.66%	17.14%
EBITDA	-215.16	-594.49	323.35	728.71	293.63
EBITDA Margin	-4.76%	-16.87%	8.18%	17.07%	27.66%
D&A For EBITDA	249.93	236.45	226.1	153.83	22.54
EBIT	-465.1	-830.94	97.25	574.88	271.09
EBIT Margin	-10.30%	-23.58%	2.46%	13.47%	25.54%
Effective Tax Rate	-	-	-	-	22.20%
Advertising Expenses	21	9.87	13.19	13.8	3.53

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