IST:EMKEL 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	709.65	777.57	610.67	488.17	236.92	103.22
Revenue Growth (YoY)	-10.08%	27.33%	25.09%	106.05%	129.54%	7.64%
Cost of Revenue	520.15	531.9	463.47	392.72	163.57	62.09
Gross Profit	189.51	245.67	147.2	95.45	73.35	41.13
Selling, General & Admin	190.21	146.02	136.87	81.17	26.57	21.79
Research & Development	32.58	21.47	19.84	11.25	4.15	1.58
Other Operating Expenses	-4.33	6.76	-19.5	-48.64	6.16	-0.77
Operating Expenses	218.46	174.25	137.21	43.78	36.89	22.61
Operating Income	-28.96	71.42	10	51.67	36.46	18.52
Interest Expense	-118.27	-52.53	-22.78	-16.01	-8.53	-15.41
Interest & Investment Income	63.67	7.93	140.66	5.79	3.55	2.88
Earnings From Equity Investments	0.19	-0.56	-8.54	0.57	0.23	0.07
Currency Exchange Gain (Loss)	57.51	-45.04	-96.97	-32.26	-13.13	-5.78
Other Non Operating Income (Expenses)	-14.62	-23	-41.52	-62.8	-3.22	-1.16
EBT Excluding Unusual Items	-40.47	-41.77	-19.15	-53.04	15.37	-0.87
Legal Settlements	-	-	-	-	-	-0.77
Pretax Income	-40.47	-41.77	-19.15	-53.04	15.37	-1.64
Income Tax Expense	-22.12	-30.48	10.86	-13.06	2.03	-1.01
Earnings From Continuing Operations	-18.35	-11.29	-30.01	-39.98	13.34	-0.63
Minority Interest in Earnings	-	-	-1.85	0.06	-1.07	0.21
Net Income	-18.35	-11.29	-31.86	-39.92	12.27	-0.41
Net Income to Common	-18.35	-11.29	-31.86	-39.92	12.27	-0.41
Shares Outstanding (Basic)	150	150	75	75	75	24
Shares Outstanding (Diluted)	150	150	75	75	75	24
Shares Change (YoY)	14.29%	100.00%	-	-	208.64%	-
EPS (Basic)	-0.12	-0.08	-0.42	-0.53	0.16	-0.02
EPS (Diluted)	-0.12	-0.08	-0.42	-0.53	0.16	-0.02
Free Cash Flow	-667.04	-82.54	-22.65	72.75	-43.49	-3.81
Free Cash Flow Per Share	-4.45	-0.55	-0.30	0.97	-0.58	-0.16
Gross Margin	26.70%	31.59%	24.10%	19.55%	30.96%	39.85%
Operating Margin	-4.08%	9.19%	1.64%	10.58%	15.39%	17.94%
Profit Margin	-2.59%	-1.45%	-5.22%	-8.18%	5.18%	-0.40%
Free Cash Flow Margin	-93.99%	-10.62%	-3.71%	14.90%	-18.36%	-3.69%
EBITDA	-14.34	85.48	28.99	66.97	38.92	20.77
EBITDA Margin	-2.02%	10.99%	4.75%	13.72%	16.43%	20.12%
D&A For EBITDA	14.62	14.06	18.99	15.3	2.46	2.25
EBIT	-28.96	71.42	10	51.67	36.46	18.52
EBIT Margin	-4.08%	9.19%	1.64%	10.58%	15.39%	17.94%
Effective Tax Rate	-	-	-	-	13.21%	-

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