IST:ERBOS 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	5,580	5,903	5,487	4,762	1,296
Revenue Growth (YoY)	-5.47%	7.59%	15.23%	267.28%	126.89%
Cost of Revenue	4,851	5,273	4,568	3,667	997.73
Gross Profit	729.05	629.91	918.76	1,095	298.73
Selling, General & Admin	457.64	430.29	345.66	405.44	86.43
Other Operating Expenses	-49.33	-83.77	-369.38	-104.34	-34.21
Operating Expenses	408.31	346.52	-23.72	301.1	52.22
Operating Income	320.74	283.38	942.49	793.83	246.51
Interest Expense	-156.08	-178.76	-156.4	-76.95	-7.21
Interest & Investment Income	407.75	232.32	115.42	31.53	7.35
Currency Exchange Gain (Loss)	-195.82	184.33	10.41	-3.96	-2.04
Other Non Operating Income (Expenses)	-513.61	-772.41	-1,083	-432.06	-
EBT Excluding Unusual Items	-137.03	-251.14	-171.26	312.38	244.6
Gain (Loss) on Sale of Investments	-14.29	-1.25	-	-	-
Pretax Income	-151.32	-252.38	-171.26	312.38	244.6
Income Tax Expense	-21.52	36.46	43.56	186.01	48.27
Net Income	-129.8	-288.84	-214.81	126.37	196.33
Net Income to Common	-129.8	-288.84	-214.81	126.37	196.33
Net Income Growth	-	-	-	-35.63%	129.23%
Shares Outstanding (Basic)	20	20	20	20	20
Shares Outstanding (Diluted)	20	20	20	20	20
EPS (Basic)	-6.49	-14.44	-10.74	6.32	9.82
EPS (Diluted)	-6.49	-14.44	-10.74	6.32	9.82
EPS Growth	-	-	-	-35.63%	129.23%
Free Cash Flow	287.07	-281.17	154.71	410.09	9.81
Free Cash Flow Per Share	14.35	-14.06	7.74	20.50	0.49
Dividend Per Share	-	-	2.250	1.125	1.575
Dividend Growth	-	-	100.00%	-28.57%	75.00%
Gross Margin	13.07%	10.67%	16.74%	22.99%	23.04%
Operating Margin	5.75%	4.80%	17.18%	16.67%	19.01%
Profit Margin	-2.33%	-4.89%	-3.91%	2.65%	15.14%
Free Cash Flow Margin	5.15%	-4.76%	2.82%	8.61%	0.76%
EBITDA	435.98	397.02	1,018	840.25	258.39
EBITDA Margin	7.81%	6.73%	18.55%	17.65%	19.93%
D&A For EBITDA	115.25	113.64	75.48	46.42	11.88
EBIT	320.74	283.38	942.49	793.83	246.51
EBIT Margin	5.75%	4.80%	17.18%	16.67%	19.01%
Effective Tax Rate	-	-	-	59.55%	19.73%
Advertising Expenses	1.85	1.16	0.05	0.75	0.17

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