IST:EMKEL 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	876.13	1,018	610.67	488.17	236.92
Revenue Growth (YoY)	-13.92%	66.66%	25.09%	106.05%	129.54%
Cost of Revenue	674.06	696.22	463.47	392.72	163.57
Gross Profit	202.07	321.56	147.2	95.45	73.35
Selling, General & Admin	206.75	184.89	136.87	81.17	26.57
Research & Development	20.27	28.1	19.84	11.25	4.15
Other Operating Expenses	-16.11	0.59	-19.5	-48.64	6.16
Operating Expenses	210.92	213.59	137.21	43.78	36.89
Operating Income	-8.85	107.97	10	51.67	36.46
Interest Expense	-85.42	-68.13	-22.78	-16.01	-8.53
Interest & Investment Income	34.82	10.38	140.66	5.79	3.55
Earnings From Equity Investments	-	-0.74	-8.54	0.57	0.23
Currency Exchange Gain (Loss)	40.83	-58.95	-96.97	-32.26	-13.13
Other Non Operating Income (Expenses)	-59.41	-30.1	-41.52	-62.8	-3.22
EBT Excluding Unusual Items	-78.03	-39.56	-19.15	-53.04	15.37
Legal Settlements	-	-15.12	-	-	-
Pretax Income	-78.03	-54.68	-19.15	-53.04	15.37
Income Tax Expense	-21.37	-39.89	10.86	-13.06	2.03
Earnings From Continuing Operations	-56.67	-14.78	-30.01	-39.98	13.34
Minority Interest in Earnings	-	-	-1.85	0.06	-1.07
Net Income	-56.67	-14.78	-31.86	-39.92	12.27
Net Income to Common	-56.67	-14.78	-31.86	-39.92	12.27
Shares Outstanding (Basic)	150	150	75	75	75
Shares Outstanding (Diluted)	150	150	75	75	75
Shares Change (YoY)	-	100.00%	-	-	208.64%
EPS (Basic)	-0.38	-0.10	-0.42	-0.53	0.16
EPS (Diluted)	-0.38	-0.10	-0.42	-0.53	0.16
Free Cash Flow	-486.54	-108.04	-22.65	72.75	-43.49
Free Cash Flow Per Share	-3.24	-0.72	-0.30	0.97	-0.58
Gross Margin	23.06%	31.59%	24.10%	19.55%	30.96%
Operating Margin	-1.01%	10.61%	1.64%	10.58%	15.39%
Profit Margin	-6.47%	-1.45%	-5.22%	-8.18%	5.18%
Free Cash Flow Margin	-55.53%	-10.62%	-3.71%	14.90%	-18.36%
EBITDA	24.56	131.8	28.99	66.97	38.92
EBITDA Margin	2.80%	12.95%	4.75%	13.72%	16.43%
D&A For EBITDA	33.41	23.82	18.99	15.3	2.46
EBIT	-8.85	107.97	10	51.67	36.46
EBIT Margin	-1.01%	10.61%	1.64%	10.58%	15.39%
Effective Tax Rate	-	-	-	-	13.21%
Advertising Expenses	13.96	-	-	-	-

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