IST:GLRMK Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	34,515	26,461	21,023	18,717
Revenue Growth (YoY)	30.44%	25.87%	12.32%	-
Cost of Revenue	30,527	23,684	20,598	18,704
Gross Profit	3,987	2,778	425.07	13.2
Selling, General & Admin	464.77	259.67	250.66	192.8
Other Operating Expenses	59.93	42.78	7.78	268.16
Operating Expenses	524.7	302.45	258.43	460.97
Operating Income	3,463	2,475	166.63	-447.77
Interest Expense	-292.15	-236.95	-39.35	-19.98
Interest & Investment Income	378.06	443.12	68.99	97.03
Earnings From Equity Investments	-	-271.52	230.01	-21.62
Currency Exchange Gain (Loss)	235.17	728.76	814.87	1,706
Other Non Operating Income (Expenses)	562.56	-1,792	-1,850	-417.73
EBT Excluding Unusual Items	4,346	1,347	-608.8	895.99
Gain (Loss) on Sale of Investments	-14.96	-44.8	-5.63	-7.18
Pretax Income	4,331	1,302	-614.43	888.81
Income Tax Expense	762.75	-356.79	-798.05	199.24
Earnings From Continuing Operations	3,569	1,659	183.62	689.57
Earnings From Discontinued Operations	-	-18.75	-8.66	-26.24
Net Income to Company	3,569	1,640	174.96	663.33
Minority Interest in Earnings	0.41	-	-	-
Net Income	3,569	1,640	174.96	663.33
Net Income to Common	3,569	1,640	174.96	663.33
Net Income Growth	117.62%	837.39%	-73.62%	-
Shares Outstanding (Basic)	190	80	80	80
Shares Outstanding (Diluted)	190	80	80	80
Shares Change (YoY)	137.50%	-	-	-
EPS (Basic)	18.78	20.50	2.19	8.29
EPS (Diluted)	18.78	20.50	2.19	8.29
EPS Growth	-8.37%	837.39%	-73.62%	-
Free Cash Flow	1,627	3,890	1,545	4,334
Free Cash Flow Per Share	8.56	48.62	19.31	54.18
Gross Margin	11.55%	10.50%	2.02%	0.07%
Operating Margin	10.03%	9.35%	0.79%	-2.39%
Profit Margin	10.34%	6.20%	0.83%	3.54%
Free Cash Flow Margin	4.71%	14.70%	7.35%	23.16%
EBITDA	4,301	3,264	689.19	-322.27
EBITDA Margin	12.46%	12.34%	3.28%	-1.72%
D&A For EBITDA	838.57	789.13	522.56	125.5
EBIT	3,463	2,475	166.63	-447.77
EBIT Margin	10.03%	9.35%	0.79%	-2.39%
Effective Tax Rate	17.61%	-	-	22.42%

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