GRAINTURK Holding A.S. 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	7,272	4,550	3,281	1,366	621.15
Revenue Growth (YoY)	59.83%	38.67%	140.22%	119.91%	53.98%
Cost of Revenue	6,364	3,663	2,598	936.47	527.99
Gross Profit	908.36	887.26	683.82	429.52	93.17
Selling, General & Admin	238.39	243.62	150.26	59.04	14.23
Other Operating Expenses	-7.26	-3.54	105.11	-18.9	3.29
Operating Expenses	231.14	240.08	255.38	40.13	17.52
Operating Income	677.23	647.18	428.45	389.38	75.65
Interest Expense	-141.37	-158.06	-98.2	-42	-8.87
Interest & Investment Income	1,280	1,174	198.36	433.59	183.52
Earnings From Equity Investments	866.12	183.74	-	-	-
Currency Exchange Gain (Loss)	-9.97	8.46	14.16	5.08	11.25
Other Non Operating Income (Expenses)	-595.8	-647.08	60.19	-262.04	-0.56
EBT Excluding Unusual Items	2,076	1,208	602.94	524.01	260.99
Gain (Loss) on Sale of Investments	-14.03	-	-	-	-
Gain (Loss) on Sale of Assets	-16.58	-24.44	8.19	2.59	3.77
Legal Settlements	-	-	-	-0.35	-0.06
Pretax Income	2,046	1,184	782.51	530.75	264.7
Income Tax Expense	249.29	94.2	45.55	-25.15	45.14
Earnings From Continuing Operations	1,796	1,090	736.95	555.9	219.57
Minority Interest in Earnings	0.16	1.12	-	-	-
Net Income	1,796	1,091	736.95	555.9	219.57
Net Income to Common	1,796	1,091	736.95	555.9	219.57
Net Income Growth	64.64%	48.06%	32.57%	153.18%	2881.64%
Shares Outstanding (Basic)	125	125	125	100	-
Shares Outstanding (Diluted)	125	125	125	100	-
Shares Change (YoY)	-	-	25.00%	-	-
EPS (Basic)	14.37	8.73	5.90	5.56	-
EPS (Diluted)	14.37	8.73	5.90	5.56	-
EPS Growth	64.64%	48.06%	6.06%	-	-
Free Cash Flow	1,240	11.58	-428.41	-117.45	-125.93
Free Cash Flow Per Share	9.92	0.09	-3.43	-1.17	-
Dividend Per Share	-	-	0.040	0.015	-
Dividend Growth	-	-	161.40%	-	-
Gross Margin	12.49%	19.50%	20.84%	31.44%	15.00%
Operating Margin	9.31%	14.22%	13.06%	28.51%	12.18%
Profit Margin	24.70%	23.98%	22.46%	40.70%	35.35%
Free Cash Flow Margin	17.05%	0.26%	-13.06%	-8.60%	-20.27%
EBITDA	792.98	766.18	476.24	398.98	76.01
EBITDA Margin	10.90%	16.84%	14.51%	29.21%	12.24%
D&A For EBITDA	115.75	119.01	47.79	9.6	0.36
EBIT	677.23	647.18	428.45	389.38	75.65
EBIT Margin	9.31%	14.22%	13.06%	28.51%	12.18%
Effective Tax Rate	12.19%	7.95%	5.82%	-	17.05%
Advertising Expenses	1.14	1.82	0.96	-	-

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