IST:GRSEL Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	6,418	4,502	3,006	633.49
Revenue Growth (YoY)	7.20%	49.74%	374.57%	-
Cost of Revenue	4,282	3,377	2,477	533.21
Gross Profit	2,136	1,125	529.47	100.28
Selling, General & Admin	252.13	203.67	99.73	22.16
Other Operating Expenses	36.01	40.98	11.69	6.23
Operating Expenses	288.14	244.65	111.42	28.39
Operating Income	1,848	880.02	418.04	71.89
Interest Expense	-257.69	-227.08	-109.01	-14.98
Interest & Investment Income	485.86	438.41	206.16	37.19
Currency Exchange Gain (Loss)	131.21	131.18	26.21	2.39
Other Non Operating Income (Expenses)	-676.69	-121.42	21.03	-1.1
EBT Excluding Unusual Items	1,530	1,101	562.43	95.39
Gain (Loss) on Sale of Investments	11.94	-1.79	-5.89	-4.01
Legal Settlements	-1.04	-1.04	-12.79	-0.66
Pretax Income	1,541	1,098	543.76	90.72
Income Tax Expense	89.69	-14.27	233.53	14.12
Earnings From Continuing Operations	1,452	1,113	310.23	76.6
Minority Interest in Earnings	-62.71	-28.86	-28.71	-8.5
Net Income	1,389	1,084	281.52	68.1
Net Income to Common	1,389	1,084	281.52	68.1
Net Income Growth	36.76%	284.94%	313.37%	-
Shares Outstanding (Basic)	102	102	102	87
Shares Outstanding (Diluted)	102	102	102	87
Shares Change (YoY)	-	-	17.24%	-
EPS (Basic)	13.62	10.62	2.76	0.78
EPS (Diluted)	13.62	10.62	2.76	0.78
EPS Growth	36.76%	284.94%	252.58%	-
Free Cash Flow	564.99	-257.31	-27.84	-19.91
Free Cash Flow Per Share	5.54	-2.52	-0.27	-0.23
Dividend Per Share	0.392	0.392	-	-
Gross Margin	33.28%	24.98%	17.61%	15.83%
Operating Margin	28.79%	19.55%	13.91%	11.35%
Profit Margin	21.64%	24.07%	9.36%	10.75%
Free Cash Flow Margin	8.80%	-5.72%	-0.93%	-3.14%
EBITDA	1,912	947.75	420.56	91.87
EBITDA Margin	29.78%	21.05%	13.99%	14.50%
D&A For EBITDA	63.88	67.73	2.52	19.97
EBIT	1,848	880.02	418.04	71.89
EBIT Margin	28.79%	19.55%	13.91%	11.35%
Effective Tax Rate	5.82%	-	42.95%	15.56%

Source: S&P Capital IQ. Standard template. Financial Sources.