IST:FONET Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	897.86	855.07	629.01	360.68	237.11	85.48
Revenue Growth (YoY)	95.57%	35.94%	74.40%	52.12%	177.38%	31.67%
Cost of Revenue	535.84	518.8	455.36	268	149.07	44.49
Gross Profit	362.02	336.27	173.65	92.68	88.04	40.99
Selling, General & Admin	106.57	93.1	91.48	66.36	31.72	8.07
Research & Development	5.57	5.28	3.19	3.49	0.37	0.42
Other Operating Expenses	-45.66	-44.17	-48.29	-13.61	-10.58	-2.69
Operating Expenses	66.48	54.21	46.37	56.24	21.5	5.8
Operating Income	295.54	282.06	127.28	36.45	66.53	35.19
Interest Expense	-19.72	-17.7	-8.83	-1.03	-0.59	-0.13
Interest & Investment Income	50.39	24.95	61.84	1.96	1.85	1.08
Currency Exchange Gain (Loss)	-	-	-	0.81	4.46	1.45
Other Non Operating Income (Expenses)	-42.22	-31.83	-23.02	-7.72	-31.11	-0.11
EBT Excluding Unusual Items	284	257.48	157.27	30.47	41.13	37.47
Gain (Loss) on Sale of Investments	-2.84	-2.84	-	-1.8	-	-0
Legal Settlements	0.06	0.06	1.65	-0.38	-0.8	-0.52
Pretax Income	281.38	254.86	158.92	28.29	40.36	36.95
Income Tax Expense	38.99	31.98	-37.73	-186.41	16.4	-0.59
Net Income	242.39	222.88	196.65	214.7	23.96	37.54
Net Income to Common	242.39	222.88	196.65	214.7	23.96	37.54
Net Income Growth	70.04%	13.34%	-8.41%	796.08%	-36.18%	35.34%
Shares Outstanding (Basic)	-	936	936	936	936	936
Shares Outstanding (Diluted)	-	936	936	936	936	936
EPS (Basic)	-	0.24	0.21	0.23	0.03	0.04
EPS (Diluted)	-	0.24	0.21	0.23	0.03	0.04
EPS Growth	-	13.34%	-8.41%	796.09%	-36.18%	35.35%
Free Cash Flow	374.57	326.78	271.95	176.47	141.52	29.55
Free Cash Flow Per Share	-	0.35	0.29	0.19	0.15	0.03
Gross Margin	40.32%	39.33%	27.61%	25.70%	37.13%	47.95%
Operating Margin	32.92%	32.99%	20.23%	10.11%	28.06%	41.17%
Profit Margin	27.00%	26.07%	31.26%	59.53%	10.11%	43.92%
Free Cash Flow Margin	41.72%	38.22%	43.23%	48.93%	59.69%	34.57%
EBITDA	347.91	328.17	169.18	67.97	79.4	38.3
EBITDA Margin	38.75%	38.38%	26.90%	18.85%	33.48%	44.81%
D&A For EBITDA	52.37	46.11	41.9	31.53	12.86	3.11
EBIT	295.54	282.06	127.28	36.45	66.53	35.19
EBIT Margin	32.92%	32.99%	20.23%	10.11%	28.06%	41.17%
Effective Tax Rate	13.86%	12.55%	-	-	40.64%	-

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