IST:ELITE 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	2,150	1,758	1,235	1,051	305.14
Revenue Growth (YoY)	22.33%	42.28%	17.57%	244.33%	48.35%
Cost of Revenue	1,216	814.52	627.53	420.21	93.9
Gross Profit	933.71	943.13	607.8	630.47	211.24
Selling, General & Admin	487.12	381.39	391.41	407.46	80.38
Research & Development	-	-	-	4.29	2.36
Other Operating Expenses	-2.73	1.87	-23.91	-32.34	4.4
Operating Expenses	484.39	383.26	367.5	379.42	87.14
Operating Income	449.32	559.88	240.31	251.06	124.1
Interest Expense	-73.78	-47.43	-17.89	-6.3	-2.03
Interest & Investment Income	9.57	3.79	0.53	14.77	7.85
Currency Exchange Gain (Loss)	-	87.85	515.73	142.58	-75.7
Other Non Operating Income (Expenses)	-249.58	-118.51	-425.77	-415.48	0.51
EBT Excluding Unusual Items	135.53	485.58	312.9	-13.37	54.73
Gain (Loss) on Sale of Investments	-2.15	-	-	-8.74	-4.17
Legal Settlements	-	-1.22	-0.55	-	-
Other Unusual Items	-	-7.77	-15.46	-	-1.4
Pretax Income	133.37	476.59	296.89	-22.11	49.16
Income Tax Expense	-113.68	81.75	111.01	38.44	11.13
Net Income	247.06	394.85	185.89	-60.55	38.03
Net Income to Common	247.06	394.85	185.89	-60.55	38.03
Net Income Growth	-37.43%	112.41%	-	-	29.45%
Shares Outstanding (Basic)	-	130	130	130	130
Shares Outstanding (Diluted)	-	130	130	130	130
EPS (Basic)	-	3.05	1.43	-0.47	0.29
EPS (Diluted)	-	3.05	1.43	-0.47	0.29
EPS Growth	-	112.41%	-	-	-
Free Cash Flow	144.02	130.56	102.4	-33.15	-25.69
Free Cash Flow Per Share	-	1.01	0.79	-0.26	-0.20
Dividend Per Share	-	0.050	0.050	0.232	0.313
Dividend Growth	-	-	-78.40%	-25.92%	-
Gross Margin	43.43%	53.66%	49.20%	60.01%	69.23%
Operating Margin	20.90%	31.85%	19.45%	23.89%	40.67%
Profit Margin	11.49%	22.46%	15.05%	-5.76%	12.46%
Free Cash Flow Margin	6.70%	7.43%	8.29%	-3.16%	-8.42%
EBITDA	532.1	605.75	269.35	257.39	127.67
EBITDA Margin	24.75%	34.46%	21.80%	24.50%	41.84%
D&A For EBITDA	82.78	45.88	29.04	6.34	3.57
EBIT	449.32	559.88	240.31	251.06	124.1
EBIT Margin	20.90%	31.85%	19.45%	23.89%	40.67%
Effective Tax Rate	-	17.15%	37.39%	-	22.64%
Advertising Expenses	-	0.64	-	1.47	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.