IST:GEDZA 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	1,067	720.07	848.73	601.4	126.28
Revenue Growth (YoY)	48.17%	-15.16%	41.13%	376.24%	33.34%
Cost of Revenue	705.75	583.71	509.95	394.64	78.51
Gross Profit	361.18	136.35	338.78	206.77	47.78
Selling, General & Admin	106.5	104.4	79.52	41.96	8.71
Other Operating Expenses	-90.33	-6.05	1.13	1.93	-1.44
Operating Expenses	16.17	98.35	80.65	43.88	7.27
Operating Income	345.02	38	258.13	162.88	40.51
Interest Expense	-79.75	-13.68	-3.38	-0.5	-0.55
Interest & Investment Income	19.29	27.26	6.81	8.49	4.01
Currency Exchange Gain (Loss)	-	11.45	56.88	27.77	28.29
Other Non Operating Income (Expenses)	-137.44	-50.33	-180.83	-163.18	-
EBT Excluding Unusual Items	147.11	12.69	137.62	35.46	72.26
Gain (Loss) on Sale of Investments	-3.76	-0.02	-0	-	-
Legal Settlements	-	-	-0.64	-	-
Pretax Income	143.35	12.67	136.98	35.46	72.26
Income Tax Expense	119.08	7.91	10.7	44.02	7.89
Earnings From Continuing Operations	24.27	4.76	126.28	-8.56	64.37
Minority Interest in Earnings	-7.91	1.91	-18.38	-8.85	-6.64
Net Income	16.36	6.67	107.91	-17.41	57.73
Net Income to Common	16.36	6.67	107.91	-17.41	57.73
Net Income Growth	145.06%	-93.81%	-	-	124.98%
Shares Outstanding (Basic)	-	47	47	47	47
Shares Outstanding (Diluted)	-	47	47	47	47
EPS (Basic)	-	0.14	2.31	-0.37	1.24
EPS (Diluted)	-	0.14	2.31	-0.37	1.24
EPS Growth	-	-93.81%	-	-	124.98%
Free Cash Flow	-50.44	-88.68	17.51	37.07	47.59
Free Cash Flow Per Share	-	-1.90	0.38	0.79	1.02
Gross Margin	33.85%	18.94%	39.92%	34.38%	37.83%
Operating Margin	32.34%	5.28%	30.41%	27.08%	32.08%
Profit Margin	1.53%	0.93%	12.71%	-2.89%	45.72%
Free Cash Flow Margin	-4.73%	-12.31%	2.06%	6.16%	37.69%
EBITDA	388.21	79.47	283.95	177.7	42.96
EBITDA Margin	36.39%	11.04%	33.46%	29.55%	34.02%
D&A For EBITDA	43.2	41.47	25.82	14.82	2.45
EBIT	345.02	38	258.13	162.88	40.51
EBIT Margin	32.34%	5.28%	30.41%	27.08%	32.08%
Effective Tax Rate	83.07%	62.42%	7.81%	124.13%	10.92%

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