IST:FADE 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	1,033	518.45	468.67	253	68.82
Revenue Growth (YoY)	99.31%	10.62%	85.25%	267.62%	9.85%
Cost of Revenue	854.87	361.53	386.29	175.31	47.65
Gross Profit	178.42	156.92	82.39	77.69	21.17
Selling, General & Admin	61.32	48.59	49.5	30.2	8.27
Other Operating Expenses	-18.57	6.52	-5.35	-0.51	-0.27
Operating Expenses	42.74	55.11	44.16	29.69	8
Operating Income	135.68	101.81	38.23	47.99	13.18
Interest Expense	-30.54	-14.12	-19.93	-9.27	-2.88
Interest & Investment Income	8.54	10.56	319.67	140.11	28.3
Currency Exchange Gain (Loss)	-	6.05	29.33	10.14	2.9
Other Non Operating Income (Expenses)	-34.36	-2.82	-50.05	-58.3	-0.55
EBT Excluding Unusual Items	79.32	101.49	317.25	130.68	40.95
Gain (Loss) on Sale of Investments	-	-79.02	-50.33	-	-
Asset Writedown	-	7.52	-0.93	2.52	0.59
Pretax Income	79.32	30	266	133.2	41.54
Income Tax Expense	47.92	76.46	80.41	89.85	9.09
Earnings From Continuing Operations	31.4	-46.46	185.59	43.34	32.45
Net Income	31.4	-46.46	185.59	43.34	32.45
Net Income to Common	31.4	-46.46	185.59	43.34	32.45
Net Income Growth	-	-	328.18%	33.55%	120.28%
Shares Outstanding (Basic)	-	84	84	84	84
Shares Outstanding (Diluted)	-	84	84	84	84
EPS (Basic)	-	-0.55	2.21	0.52	0.39
EPS (Diluted)	-	-0.55	2.21	0.52	0.39
EPS Growth	-	-	327.76%	33.55%	120.28%
Free Cash Flow	-74.71	26.77	115.06	22.04	-9.32
Free Cash Flow Per Share	-	0.32	1.37	0.26	-0.11
Gross Margin	17.27%	30.27%	17.58%	30.71%	30.77%
Operating Margin	13.13%	19.64%	8.16%	18.97%	19.15%
Profit Margin	3.04%	-8.96%	39.60%	17.13%	47.16%
Free Cash Flow Margin	-7.23%	5.16%	24.55%	8.71%	-13.54%
EBITDA	165.05	122.92	55.99	55.19	14.51
EBITDA Margin	15.97%	23.71%	11.95%	21.82%	21.09%
D&A For EBITDA	29.37	21.11	17.76	7.2	1.34
EBIT	135.68	101.81	38.23	47.99	13.18
EBIT Margin	13.13%	19.64%	8.16%	18.97%	19.15%
Effective Tax Rate	60.41%	254.90%	30.23%	67.46%	21.88%
Advertising Expenses	-	2.8	1.81	0.68	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.