IST:GLCVY 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
Operating Revenue	0.07	8.34	2.16	1.58	0.3
Other Revenue	7,709	4,736	2,740	1,083	632.25
Revenue	7,709	4,745	2,743	1,085	632.55
Revenue Growth (YoY)	62.47%	73.00%	152.86%	71.47%	54.18%
Cost of Revenue	2,099	893.79	678.01	254.84	242.56
Gross Profit	5,610	3,851	2,065	829.81	389.99
Selling, General & Admin	1,064	737.71	392.73	181.27	103.88
Other Operating Expenses	765.86	654.82	299.47	134.38	69.26
Operating Expenses	1,830	1,393	692.2	315.65	173.14
Operating Income	3,780	2,458	1,372	514.16	216.84
Interest Expense	-1,170	-614.56	-126.53	-70.91	-78.06
Currency Exchange Gain (Loss)	-237.33	-4.5	4.06	107.01	121.37
EBT Excluding Unusual Items	2,373	1,839	1,250	550.25	260.15
Gain (Loss) on Sale of Assets	152.93	86.53	33.56	13.22	7.91
Legal Settlements	-321.86	-226.66	-116.19	-48.01	-29.08
Pretax Income	2,204	1,699	1,167	515.47	238.98
Income Tax Expense	706.07	517.16	312.18	124.78	65.11
Net Income	1,498	1,182	855.12	390.68	173.87
Net Income to Common	1,498	1,182	855.12	390.68	173.87
Net Income Growth	26.76%	38.23%	118.88%	124.69%	70.00%
Shares Outstanding (Basic)	140	140	140	140	140
Shares Outstanding (Diluted)	140	140	140	140	140
Shares Change (YoY)	-	-	-	-	10.44%
EPS (Basic)	10.73	8.46	6.12	2.80	1.24
EPS (Diluted)	10.73	8.46	6.12	2.80	1.24
EPS Growth	26.76%	38.23%	118.88%	124.69%	53.94%
Free Cash Flow	-1,633	-1,648	129.5	157.62	-137.61
Free Cash Flow Per Share	-11.69	-11.80	0.93	1.13	-0.98
Dividend Per Share	-	2.510	0.920	2.150	0.310
Dividend Growth	-	172.83%	-57.21%	593.55%	-
Gross Margin	72.77%	81.16%	75.28%	76.50%	61.65%
Operating Margin	49.04%	51.81%	50.04%	47.40%	34.28%
Profit Margin	19.44%	24.91%	31.18%	36.02%	27.49%
Free Cash Flow Margin	-21.19%	-34.73%	4.72%	14.53%	-21.75%
EBITDA	3,796	2,472	1,388	520.52	221.31
EBITDA Margin	49.24%	52.10%	50.62%	47.99%	34.99%
D&A For EBITDA	15.4	13.49	15.76	6.36	4.47
EBIT	3,780	2,458	1,372	514.16	216.84
EBIT Margin	49.04%	51.81%	50.04%	47.40%	34.28%
Effective Tax Rate	32.03%	30.44%	26.74%	24.21%	27.24%
Advertising Expenses	4.56	1.75	3.27	0.27	2.87

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