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	942.51	848.73	601.4	126.28
Revenue Growth (YoY)	13.20%	11.05%	41.13%	376.24%	33.34%
Cost of Revenue	706.18	763.85	509.95	394.64	78.51
Gross Profit	360.76	178.66	338.78	206.77	47.78
Selling, General & Admin	104.1	135.76	79.52	41.96	8.71
Other Operating Expenses	-8.89	-9.41	1.13	1.93	-1.44
Operating Expenses	95.21	126.34	80.65	43.88	7.27
Operating Income	265.55	52.32	258.13	162.88	40.51
Interest Expense	-4.27	-6.93	-3.38	-0.5	-0.55
Interest & Investment Income	42.17	35.68	6.81	8.49	4.01
Currency Exchange Gain (Loss)	7.26	14.99	56.88	27.77	28.29
Other Non Operating Income (Expenses)	-163.6	-76.86	-180.83	-163.18	-
EBT Excluding Unusual Items	147.11	19.19	137.62	35.46	72.26
Gain (Loss) on Sale of Investments	-3.76	-0.03	-0	-	-
Legal Settlements	-	-2.58	-0.64	-	-
Pretax Income	143.35	16.58	136.98	35.46	72.26
Income Tax Expense	119.08	10.35	10.7	44.02	7.89
Earnings From Continuing Operations	24.27	6.23	126.28	-8.56	64.37
Minority Interest in Earnings	-7.91	2.5	-18.38	-8.85	-6.64
Net Income	16.36	8.74	107.91	-17.41	57.73
Net Income to Common	16.36	8.74	107.91	-17.41	57.73
Net Income Growth	87.22%	-91.90%	-	-	124.98%
Shares Outstanding (Basic)	47	47	47	47	47
Shares Outstanding (Diluted)	47	47	47	47	47
EPS (Basic)	0.35	0.19	2.31	-0.37	1.24
EPS (Diluted)	0.35	0.19	2.31	-0.37	1.24
EPS Growth	87.22%	-91.90%	-	-	124.98%
Free Cash Flow	-50.44	-125.91	17.51	37.07	47.59
Free Cash Flow Per Share	-1.08	-2.70	0.38	0.79	1.02
Gross Margin	33.81%	18.96%	39.92%	34.38%	37.83%
Operating Margin	24.89%	5.55%	30.41%	27.08%	32.08%
Profit Margin	1.53%	0.93%	12.71%	-2.89%	45.72%
Free Cash Flow Margin	-4.73%	-13.36%	2.06%	6.16%	37.69%
EBITDA	308.74	106.6	283.95	177.7	42.96
EBITDA Margin	28.94%	11.31%	33.46%	29.55%	34.02%
D&A For EBITDA	43.2	54.28	25.82	14.82	2.45
EBIT	265.55	52.32	258.13	162.88	40.51
EBIT Margin	24.89%	5.55%	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.