IST:ERSU 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	128.12	120.35	117	122.92	24.87	17.06
Revenue Growth (YoY)	-22.96%	2.87%	-4.82%	394.19%	45.75%	69.44%
Cost of Revenue	129.82	106.2	107.27	121.57	23.89	15.42
Gross Profit	-1.7	14.15	9.73	1.34	0.98	1.65
Selling, General & Admin	21.35	25.91	17.54	9.32	2.94	1.42
Other Operating Expenses	2.45	-7.03	0.22	-0.3	0.21	-0.07
Operating Expenses	23.8	18.87	17.77	9.02	3.15	1.35
Operating Income	-25.5	-4.72	-8.04	-7.68	-2.16	0.3
Interest Expense	-15.55	-0.2	-0.56	-0.69	-0.59	-0.42
Interest & Investment Income	6.53	115.05	0.3	0.61	0.51	0.55
Currency Exchange Gain (Loss)	-0.02	0.62	0.98	0.39	0.3	0.16
Other Non Operating Income (Expenses)	8.25	-144.22	26.61	-3.17	-	-
EBT Excluding Unusual Items	-26.29	-33.47	19.3	-10.54	-1.95	0.59
Merger & Restructuring Charges	-	-	-	-	-	0.2
Gain (Loss) on Sale of Assets	-5.97	-5.97	-	-	-	-
Pretax Income	-32.27	-39.45	19.3	-10.54	-1.95	0.79
Income Tax Expense	48.53	-33.34	30.37	28.77	-2.5	0.25
Net Income	-80.8	-6.11	-11.07	-39.31	0.55	0.54
Net Income to Common	-80.8	-6.11	-11.07	-39.31	0.55	0.54
Net Income Growth	-	-	-	-	2.42%	-81.05%
Shares Outstanding (Basic)	36	36	36	36	36	36
Shares Outstanding (Diluted)	36	36	36	36	36	36
EPS (Basic)	-2.24	-0.17	-0.31	-1.09	0.02	0.01
EPS (Diluted)	-2.24	-0.17	-0.31	-1.09	0.02	0.01
EPS Growth	-	-	-	-	2.42%	-81.05%
Free Cash Flow	27.09	-28.15	-1.33	2.4	-0.33	0.05
Free Cash Flow Per Share	0.75	-0.78	-0.04	0.07	-0.01	0.00
Gross Margin	-1.33%	11.76%	8.31%	1.09%	3.96%	9.65%
Operating Margin	-19.91%	-3.92%	-6.87%	-6.25%	-8.70%	1.74%
Profit Margin	-63.07%	-5.08%	-9.47%	-31.98%	2.22%	3.16%
Free Cash Flow Margin	21.15%	-23.39%	-1.14%	1.95%	-1.34%	0.30%
EBITDA	5.21	25.22	21.9	-2.65	0.6	2.82
EBITDA Margin	4.07%	20.96%	18.72%	-2.15%	2.43%	16.52%
D&A For EBITDA	30.72	29.95	29.95	5.03	2.77	2.52
EBIT	-25.5	-4.72	-8.04	-7.68	-2.16	0.3
EBIT Margin	-19.91%	-3.92%	-6.87%	-6.25%	-8.70%	1.74%
Effective Tax Rate	-	-	157.38%	-	-	31.76%
Advertising Expenses	-	0.07	0.01	-	0.05	0.01

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