IST:ENERY 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	Jun '25 Jun 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	12,874	23,500	28,902	23,481	3,700	2,690
Revenue Growth (YoY)	-66.72%	-18.69%	23.09%	534.63%	37.55%	-
Operations & Maintenance	3.21	6.93	4.21	3.06	1	1.49
Selling, General & Admin	699.02	714.87	553.03	282.89	128.42	78.41
Other Operating Expenses	9,757	21,357	26,894	21,826	3,222	2,359
Total Operating Expenses	10,460	22,079	27,451	22,112	3,352	2,439
Operating Income	2,414	1,421	1,451	1,370	348.22	250.99
Interest Expense	-1,032	-185.62	-140.44	-305.24	-250.77	-81.91
Interest Income	552.35	1,730	1,553	1,552	97.59	22.82
Net Interest Expense	-479.53	1,544	1,412	1,247	-153.18	-59.08
Income (Loss) on Equity Investments	716.44	751.89	408.1	-	-	-
Currency Exchange Gain (Loss)	288.69	-151.67	-449.15	-60.77	-30.1	-45.79
Other Non-Operating Income (Expenses)	625.14	16.35	2,489	787.1	-214.19	-97.08
EBT Excluding Unusual Items	3,565	3,582	5,311	3,343	-49.26	49.04
Gain (Loss) on Sale of Investments	2.21	7.37	-19.61	-74.77	-0.13	-0.02
Legal Settlements	0.69	-1.17	-3.61	-7.79	0.75	-0.65
Pretax Income	3,568	3,588	5,288	3,260	-48.64	48.38
Income Tax Expense	-189.52	467.36	1,478	559.15	-206.68	7.95
Earnings From Continuing Ops.	3,757	3,121	3,810	2,701	158.04	40.43
Minority Interest in Earnings	-312.32	-295.41	-613.32	-108.43	-24.01	-11.46
Net Income	3,445	2,826	3,197	2,593	134.03	28.97
Net Income to Common	3,445	2,826	3,197	2,593	134.03	28.97
Net Income Growth	-34.60%	-11.61%	23.29%	1834.48%	362.64%	-
Shares Outstanding (Basic)	-	9,000	8,002	7,448	7,448	7,448
Shares Outstanding (Diluted)	-	9,000	8,002	7,448	7,448	7,448
Shares Change (YoY)	-	12.46%	7.44%	-	-	-
EPS (Basic)	-	0.31	0.40	0.35	0.02	0.00
EPS (Diluted)	-	0.31	0.40	0.35	0.02	0.00
EPS Growth	-	-21.41%	14.76%	1834.54%	362.69%	-
Free Cash Flow	3,888	3,260	739.04	-428.98	25.64	71.64
Free Cash Flow Per Share	-	0.36	0.09	-0.06	0.00	0.01
Dividend Per Share	-	-	0.006	-	-	-
Profit Margin	26.76%	12.02%	11.06%	11.04%	3.62%	1.08%
Free Cash Flow Margin	30.20%	13.87%	2.56%	-1.83%	0.69%	2.66%
EBITDA	4,251	2,932	2,173	1,867	433.79	319.28
EBITDA Margin	33.02%	12.48%	7.52%	7.95%	11.72%	11.87%
D&A For EBITDA	1,837	1,511	721.75	496.96	85.58	68.29
EBIT	2,414	1,421	1,451	1,370	348.22	250.99
EBIT Margin	18.75%	6.05%	5.02%	5.83%	9.41%	9.33%
Effective Tax Rate	-	13.02%	27.95%	17.15%	-	16.43%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.