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	2,301	1,235	1,051	305.14
Revenue Growth (YoY)	-6.54%	86.24%	17.57%	244.33%	48.35%
Cost of Revenue	1,223	1,066	627.53	420.21	93.9
Gross Profit	927.68	1,234	607.8	630.47	211.24
Selling, General & Admin	484.71	500.8	391.41	407.46	80.38
Research & Development	-	-	-	4.29	2.36
Other Operating Expenses	8.46	12.62	-23.91	-32.34	4.4
Operating Expenses	493.18	513.41	367.5	379.42	87.14
Operating Income	434.5	721.08	240.31	251.06	124.1
Interest Expense	-66.9	-62.08	-17.89	-6.3	-2.03
Interest & Investment Income	28.53	4.96	0.53	14.77	7.85
Currency Exchange Gain (Loss)	13.52	114.98	515.73	142.58	-75.7
Other Non Operating Income (Expenses)	-272.09	-155.12	-425.77	-415.48	0.51
EBT Excluding Unusual Items	137.56	623.83	312.9	-13.37	54.73
Gain (Loss) on Sale of Investments	-2.15	-	-	-8.74	-4.17
Legal Settlements	-2.04	-	-0.55	-	-
Other Unusual Items	-	-	-15.46	-	-1.4
Pretax Income	133.37	623.83	296.89	-22.11	49.16
Income Tax Expense	-113.68	107	111.01	38.44	11.13
Net Income	247.06	516.82	185.89	-60.55	38.03
Net Income to Common	247.06	516.82	185.89	-60.55	38.03
Net Income Growth	-52.20%	178.03%	-	-	29.45%
Shares Outstanding (Basic)	130	130	130	130	130
Shares Outstanding (Diluted)	130	130	130	130	130
EPS (Basic)	1.91	3.99	1.43	-0.47	0.29
EPS (Diluted)	1.91	3.99	1.43	-0.47	0.29
EPS Growth	-52.20%	178.03%	-	-	-
Free Cash Flow	144.02	210.73	102.4	-33.15	-25.69
Free Cash Flow Per Share	1.11	1.63	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	43.14%	53.66%	49.20%	60.01%	69.23%
Operating Margin	20.21%	31.34%	19.45%	23.89%	40.67%
Profit Margin	11.49%	22.46%	15.05%	-5.76%	12.46%
Free Cash Flow Margin	6.70%	9.16%	8.29%	-3.16%	-8.42%
EBITDA	517.28	781.12	269.35	257.39	127.67
EBITDA Margin	24.06%	33.95%	21.80%	24.50%	41.84%
D&A For EBITDA	82.78	60.05	29.04	6.34	3.57
EBIT	434.5	721.08	240.31	251.06	124.1
EBIT Margin	20.21%	31.34%	19.45%	23.89%	40.67%
Effective Tax Rate	-	17.15%	37.39%	-	22.64%
Advertising Expenses	12.67	8.29	-	1.47	-

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