IST:ELITE 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	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,461	1,758	1,235	1,051	305.14	205.69
Revenue Growth (YoY)	-34.64%	42.28%	17.57%	244.33%	48.35%	-
Cost of Revenue	820.71	814.52	627.53	420.21	93.9	93.84
Gross Profit	640.47	943.13	607.8	630.47	211.24	111.85
Selling, General & Admin	363.77	381.39	391.41	407.46	80.38	40.19
Research & Development	-	-	-	4.29	2.36	0.46
Other Operating Expenses	62.94	1.87	-23.91	-32.34	4.4	-4.5
Operating Expenses	426.72	383.26	367.5	379.42	87.14	36.14
Operating Income	213.76	559.88	240.31	251.06	124.1	75.71
Interest Expense	-66.89	-47.43	-17.89	-6.3	-2.03	-3.39
Interest & Investment Income	-	3.79	0.53	14.77	7.85	7.64
Currency Exchange Gain (Loss)	92.33	87.85	515.73	142.58	-75.7	-36.56
Other Non Operating Income (Expenses)	-259.49	-118.51	-425.77	-415.48	0.51	0.38
EBT Excluding Unusual Items	-20.3	485.58	312.9	-13.37	54.73	43.77
Gain (Loss) on Sale of Investments	-	-	-	-8.74	-4.17	-1.71
Legal Settlements	-4.26	-1.22	-0.55	-	-	-
Other Unusual Items	-7.77	-7.77	-15.46	-	-1.4	-5.19
Pretax Income	-32.3	476.59	296.89	-22.11	49.16	36.87
Income Tax Expense	-137.23	81.75	111.01	38.44	11.13	7.49
Net Income	104.92	394.85	185.89	-60.55	38.03	29.38
Net Income to Common	104.92	394.85	185.89	-60.55	38.03	29.38
Net Income Growth	-72.34%	112.41%	-	-	29.45%	-
Shares Outstanding (Basic)	130	130	130	130	130	-
Shares Outstanding (Diluted)	130	130	130	130	130	-
EPS (Basic)	0.81	3.05	1.43	-0.47	0.29	-
EPS (Diluted)	0.81	3.05	1.43	-0.47	0.29	-
EPS Growth	-72.34%	112.41%	-	-	-	-
Free Cash Flow	335.39	130.56	102.4	-33.15	-25.69	-55.58
Free Cash Flow Per Share	2.59	1.01	0.79	-0.26	-0.20	-
Dividend Per Share	0.050	0.050	0.050	0.232	0.313	-
Dividend Growth	-	-	-78.40%	-25.92%	-	-
Gross Margin	43.83%	53.66%	49.20%	60.01%	69.23%	54.38%
Operating Margin	14.63%	31.85%	19.45%	23.89%	40.67%	36.80%
Profit Margin	7.18%	22.46%	15.05%	-5.76%	12.46%	14.28%
Free Cash Flow Margin	22.95%	7.43%	8.29%	-3.16%	-8.42%	-27.02%
EBITDA	287.22	605.75	269.35	257.39	127.67	79.12
EBITDA Margin	19.66%	34.46%	21.80%	24.50%	41.84%	38.47%
D&A For EBITDA	73.46	45.88	29.04	6.34	3.57	3.42
EBIT	213.76	559.88	240.31	251.06	124.1	75.71
EBIT Margin	14.63%	31.85%	19.45%	23.89%	40.67%	36.80%
Effective Tax Rate	-	17.15%	37.39%	-	22.64%	20.32%
Advertising Expenses	-	0.64	-	1.47	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.