IST:EMKEL Income Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	975.6	876.13	1,018	610.67	488.17	236.92
Revenue Growth (YoY)	18.17%	-13.92%	66.66%	25.09%	106.05%	129.54%
Cost of Revenue	713.74	674.06	696.22	463.47	392.72	163.57
Gross Profit	261.86	202.07	321.56	147.2	95.45	73.35
Selling, General & Admin	200.39	206.75	184.89	136.87	81.17	26.57
Research & Development	24.31	20.27	28.1	19.84	11.25	4.15
Other Operating Expenses	-43.23	-16.11	0.59	-19.5	-48.64	6.16
Operating Expenses	181.47	210.92	213.59	137.21	43.78	36.89
Operating Income	80.39	-8.85	107.97	10	51.67	36.46
Interest Expense	-91.65	-85.42	-68.13	-22.78	-16.01	-8.53
Interest & Investment Income	34.82	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	40.83	-58.95	-96.97	-32.26	-13.13
Other Non Operating Income (Expenses)	-13.6	-59.41	-30.1	-41.52	-62.8	-3.22
EBT Excluding Unusual Items	50.79	-78.03	-39.56	-19.15	-53.04	15.37
Legal Settlements	-	-	-15.12	-	-	-
Pretax Income	50.79	-78.03	-54.68	-19.15	-53.04	15.37
Income Tax Expense	-0.08	-21.37	-39.89	10.86	-13.06	2.03
Earnings From Continuing Operations	50.86	-56.67	-14.78	-30.01	-39.98	13.34
Minority Interest in Earnings	-	-	-	-1.85	0.06	-1.07
Net Income	50.86	-56.67	-14.78	-31.86	-39.92	12.27
Net Income to Common	50.86	-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	-435.99	-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	26.84%	23.06%	31.59%	24.10%	19.55%	30.96%
Operating Margin	8.24%	-1.01%	10.61%	1.64%	10.58%	15.39%
Profit Margin	5.21%	-6.47%	-1.45%	-5.22%	-8.18%	5.18%
Free Cash Flow Margin	-44.69%	-55.53%	-10.62%	-3.71%	14.90%	-18.36%
EBITDA	119.61	24.56	131.8	28.99	66.97	38.92
EBITDA Margin	12.26%	2.80%	12.95%	4.75%	13.72%	16.43%
D&A For EBITDA	39.22	33.41	23.82	18.99	15.3	2.46
EBIT	80.39	-8.85	107.97	10	51.67	36.46
EBIT Margin	8.24%	-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.