Ersu Meyve ve Gida Sanayii A.S. (IST:ERSU)

IST:ERSU Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	162.2	120.35	117	122.92	24.87
Revenue Growth (YoY)	34.77%	2.87%	-4.82%	394.19%	45.75%
Cost of Revenue	166.26	106.2	107.27	121.57	23.89
Gross Profit	-4.06	14.15	9.73	1.34	0.98
Selling, General & Admin	29.7	25.91	17.54	9.32	2.94
Other Operating Expenses	0.33	-7.03	0.22	-0.3	0.21
Operating Expenses	30.03	18.87	17.77	9.02	3.15
Operating Income	-34.09	-4.72	-8.04	-7.68	-2.16
Interest Expense	-0.75	-0.2	-0.56	-0.69	-0.59
Interest & Investment Income	9.6	115.05	0.3	0.61	0.51
Currency Exchange Gain (Loss)	-	0.62	0.98	0.39	0.3
Other Non Operating Income (Expenses)	-43.59	-144.22	26.61	-3.17	-
EBT Excluding Unusual Items	-68.81	-33.47	19.3	-10.54	-1.95
Gain (Loss) on Sale of Assets	-	-5.97	-	-	-
Pretax Income	-68.81	-39.45	19.3	-10.54	-1.95
Income Tax Expense	54.24	-33.34	30.37	28.77	-2.5
Net Income	-123.05	-6.11	-11.07	-39.31	0.55
Net Income to Common	-123.05	-6.11	-11.07	-39.31	0.55
Net Income Growth	-	-	-	-	2.42%
Shares Outstanding (Basic)	-	36	36	36	36
Shares Outstanding (Diluted)	-	36	36	36	36
EPS (Basic)	-	-0.17	-0.31	-1.09	0.02
EPS (Diluted)	-	-0.17	-0.31	-1.09	0.02
EPS Growth	-	-	-	-	2.42%
Free Cash Flow	-86.75	-28.15	-1.33	2.4	-0.33
Free Cash Flow Per Share	-	-0.78	-0.04	0.07	-0.01
Gross Margin	-2.50%	11.76%	8.31%	1.09%	3.96%
Operating Margin	-21.02%	-3.92%	-6.87%	-6.25%	-8.70%
Profit Margin	-75.87%	-5.08%	-9.47%	-31.98%	2.22%
Free Cash Flow Margin	-53.48%	-23.39%	-1.14%	1.95%	-1.34%
EBITDA	-6.09	25.22	21.9	-2.65	0.6
EBITDA Margin	-3.76%	20.96%	18.72%	-2.15%	2.43%
D&A For EBITDA	27.99	29.95	29.95	5.03	2.77
EBIT	-34.09	-4.72	-8.04	-7.68	-2.16
EBIT Margin	-21.02%	-3.92%	-6.87%	-6.25%	-8.70%
Effective Tax Rate	-	-	157.38%	-	-
Advertising Expenses	-	0.07	0.01	-	0.05

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