IST:ESCAR 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	2018 - 2019
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	2018 - 2019
Revenue	3,006	2,907	2,990	1,360	451.8	311.85	Upgrade
Revenue Growth (YoY)	-12.51%	-2.80%	119.95%	200.92%	44.88%	3.54%	Upgrade
Cost of Revenue	3,294	2,463	1,199	592.24	166.75	115.96	Upgrade
Gross Profit	-288.06	443.85	1,791	767.34	285.05	195.89	Upgrade
Selling, General & Admin	247.45	232.54	212.14	94.01	25.48	14.98	Upgrade
Other Operating Expenses	101.94	110.53	99.52	35.2	8.68	9.68	Upgrade
Operating Expenses	349.39	343.07	311.65	129.21	34.16	24.67	Upgrade
Operating Income	-637.45	100.78	1,480	638.13	250.89	171.22	Upgrade
Interest Expense	-869.17	-1,005	-987.56	-461.71	-76.72	-48.66	Upgrade
Interest & Investment Income	262.1	292.65	684.42	194.73	37.98	8.21	Upgrade
Earnings From Equity Investments	-	-	-25.45	-1.76	-	-	Upgrade
Currency Exchange Gain (Loss)	26.54	11.52	152.97	45.27	87.61	-35.06	Upgrade
Other Non Operating Income (Expenses)	-144.96	197.62	316.83	-10.93	-1.96	-1.61	Upgrade
EBT Excluding Unusual Items	-1,363	-402.27	1,621	403.73	297.8	94.1	Upgrade
Gain (Loss) on Sale of Investments	859.11	859.64	611.48	290.86	-	-	Upgrade
Asset Writedown	-	-	-	1.57	-	-	Upgrade
Legal Settlements	-	-	-	-	-	-0.02	Upgrade
Other Unusual Items	16.27	3.88	1.55	136.18	0.15	0.66	Upgrade
Pretax Income	-483.3	465.51	2,237	838.07	299.69	95.71	Upgrade
Income Tax Expense	-19.79	44.82	390.53	226.25	39.5	17.42	Upgrade
Earnings From Continuing Operations	-463.51	420.69	1,847	611.82	260.19	78.29	Upgrade
Earnings From Discontinued Operations	-82.5	-82.5	-	-	-	-	Upgrade
Net Income	-546	338.2	1,847	611.82	260.19	78.29	Upgrade
Net Income to Common	-546	338.2	1,847	611.82	260.19	78.29	Upgrade
Net Income Growth	-	-81.69%	201.85%	135.14%	232.34%	195.69%	Upgrade
Shares Outstanding (Basic)	500	500	500	500	457	419	Upgrade
Shares Outstanding (Diluted)	500	500	500	500	457	419	Upgrade
Shares Change (YoY)	-	-	-	9.40%	9.14%	-	Upgrade
EPS (Basic)	-1.09	0.68	3.69	1.22	0.57	0.19	Upgrade
EPS (Diluted)	-1.09	0.68	3.69	1.22	0.57	0.19	Upgrade
EPS Growth	-	-81.69%	201.85%	114.95%	204.51%	195.69%	Upgrade
Free Cash Flow	226.34	589.15	1,696	454.66	168.21	41.09	Upgrade
Free Cash Flow Per Share	0.45	1.18	3.39	0.91	0.37	0.10	Upgrade
Dividend Per Share	-	-	0.434	0.402	0.070	-	Upgrade
Dividend Growth	-	-	8.11%	478.13%	-	-	Upgrade
Gross Margin	-9.58%	15.27%	59.90%	56.44%	63.09%	62.82%	Upgrade
Operating Margin	-21.20%	3.47%	49.48%	46.94%	55.53%	54.91%	Upgrade
Profit Margin	-18.16%	11.63%	61.76%	45.00%	57.59%	25.11%	Upgrade
Free Cash Flow Margin	7.53%	20.27%	56.71%	33.44%	37.23%	13.18%	Upgrade
EBITDA	-320.91	411.64	1,560	698.22	254.45	173.63	Upgrade
EBITDA Margin	-10.67%	14.16%	52.15%	51.36%	56.32%	55.68%	Upgrade
D&A For EBITDA	316.54	310.86	80.01	60.09	3.56	2.41	Upgrade
EBIT	-637.45	100.78	1,480	638.13	250.89	171.22	Upgrade
EBIT Margin	-21.20%	3.47%	49.48%	46.94%	55.53%	54.91%	Upgrade
Effective Tax Rate	-	9.63%	17.46%	27.00%	13.18%	18.20%	Upgrade
Advertising Expenses	-	4.07	12.91	13.8	0.35	0.19	Upgrade

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