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	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	Dec '20 Dec 31, 2020
Revenue	1,543	1,758	1,235	1,051	305.14	205.69
Revenue Growth (YoY)	-8.28%	42.28%	17.57%	244.33%	48.35%	-
Cost of Revenue	812.78	814.52	627.53	420.21	93.9	93.84
Gross Profit	730.46	943.13	607.8	630.47	211.24	111.85
Selling, General & Admin	342.83	381.39	391.41	407.46	80.38	40.19
Research & Development	-	-	-	4.29	2.36	0.46
Other Operating Expenses	-13.6	1.87	-23.91	-32.34	4.4	-4.5
Operating Expenses	329.23	383.26	367.5	379.42	87.14	36.14
Operating Income	401.23	559.88	240.31	251.06	124.1	75.71
Interest Expense	-84.78	-47.43	-17.89	-6.3	-2.03	-3.39
Interest & Investment Income	7.97	3.79	0.53	14.77	7.85	7.64
Currency Exchange Gain (Loss)	26.17	87.85	515.73	142.58	-75.7	-36.56
Other Non Operating Income (Expenses)	-136.46	-118.51	-425.77	-415.48	0.51	0.38
EBT Excluding Unusual Items	214.13	485.58	312.9	-13.37	54.73	43.77
Gain (Loss) on Sale of Investments	-	-	-	-8.74	-4.17	-1.71
Legal Settlements	-1.22	-1.22	-0.55	-	-	-
Other Unusual Items	-7.77	-7.77	-15.46	-	-1.4	-5.19
Pretax Income	205.14	476.59	296.89	-22.11	49.16	36.87
Income Tax Expense	11.67	81.75	111.01	38.44	11.13	7.49
Net Income	193.48	394.85	185.89	-60.55	38.03	29.38
Net Income to Common	193.48	394.85	185.89	-60.55	38.03	29.38
Net Income Growth	-32.30%	112.41%	-	-	29.45%	-
Shares Outstanding (Basic)	130	130	130	130	130	-
Shares Outstanding (Diluted)	130	130	130	130	130	-
EPS (Basic)	1.49	3.05	1.43	-0.47	0.29	-
EPS (Diluted)	1.49	3.05	1.43	-0.47	0.29	-
EPS Growth	-32.30%	112.41%	-	-	-	-
Free Cash Flow	356.05	130.56	102.4	-33.15	-25.69	-55.58
Free Cash Flow Per Share	2.75	1.01	0.79	-0.26	-0.20	-
Dividend Per Share	-	-	0.050	0.232	0.313	-
Dividend Growth	-	-	-78.40%	-25.92%	-	-
Gross Margin	47.33%	53.66%	49.20%	60.01%	69.23%	54.38%
Operating Margin	26.00%	31.85%	19.45%	23.89%	40.67%	36.80%
Profit Margin	12.54%	22.46%	15.05%	-5.76%	12.46%	14.28%
Free Cash Flow Margin	23.07%	7.43%	8.29%	-3.16%	-8.42%	-27.02%
EBITDA	467.58	605.75	269.35	257.39	127.67	79.12
EBITDA Margin	30.30%	34.46%	21.80%	24.50%	41.84%	38.47%
D&A For EBITDA	66.35	45.88	29.04	6.34	3.57	3.42
EBIT	401.23	559.88	240.31	251.06	124.1	75.71
EBIT Margin	26.00%	31.85%	19.45%	23.89%	40.67%	36.80%
Effective Tax Rate	5.69%	17.15%	37.39%	-	22.64%	20.32%
Advertising Expenses	-	0.64	-	1.47	-	-

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