IST:GZNMI Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,632	2,556	2,133	948.6	169.38
Revenue Growth (YoY)	-16.03%	19.82%	124.89%	460.04%	-
Cost of Revenue	2,288	2,189	1,924	803.66	137.73
Gross Profit	344.24	366.66	209.64	144.95	31.65
Selling, General & Admin	272.17	270.09	199.53	64.44	16.64
Other Operating Expenses	-8.06	-28	-4.84	17.48	2.74
Operating Expenses	263.27	242.09	194.69	81.92	19.37
Operating Income	80.97	124.58	14.95	63.03	12.28
Interest Expense	-297.19	-128.48	-69.86	-18.53	-0.33
Interest & Investment Income	155.81	54.43	335.86	609.73	1.46
Earnings From Equity Investments	-4	-4	-1.28	-	-
Currency Exchange Gain (Loss)	30.57	30.57	38.34	15.78	12.47
Other Non Operating Income (Expenses)	153.75	41.29	-432.04	-130.63	-2.35
EBT Excluding Unusual Items	119.91	118.39	-114.03	539.37	23.54
Gain (Loss) on Sale of Investments	-76.31	-76.23	-14.87	-0.05	-
Gain (Loss) on Sale of Assets	-	-	-	0.07	-
Legal Settlements	-2.67	-2.67	-1.44	0.07	-0.04
Pretax Income	40.94	39.49	-129.29	539.46	23.5
Income Tax Expense	101.08	57.32	26.37	15.92	5.98
Earnings From Continuing Operations	-60.14	-17.82	-155.66	523.54	17.52
Minority Interest in Earnings	-	-	-	-2.98	-
Net Income	-60.14	-17.82	-155.66	520.56	17.52
Net Income to Common	-60.14	-17.82	-155.66	520.56	17.52
Net Income Growth	-	-	-	2870.88%	-
Shares Outstanding (Basic)	65	65	65	65	15
Shares Outstanding (Diluted)	65	65	65	65	15
Shares Change (YoY)	-	-	-	333.33%	-
EPS (Basic)	-0.93	-0.27	-2.39	8.01	1.17
EPS (Diluted)	-0.93	-0.27	-2.39	8.01	1.17
EPS Growth	-	-	-	585.59%	-
Free Cash Flow	-763.03	143.94	-896.47	-36.62	8.48
Free Cash Flow Per Share	-11.74	2.21	-13.79	-0.56	0.56
Gross Margin	13.08%	14.34%	9.83%	15.28%	18.69%
Operating Margin	3.08%	4.87%	0.70%	6.64%	7.25%
Profit Margin	-2.28%	-0.70%	-7.30%	54.88%	10.35%
Free Cash Flow Margin	-28.99%	5.63%	-42.02%	-3.86%	5.00%
EBITDA	135.16	153.35	31.19	66.05	12.73
EBITDA Margin	5.13%	6.00%	1.46%	6.96%	7.52%
D&A For EBITDA	54.19	28.77	16.24	3.02	0.45
EBIT	80.97	124.58	14.95	63.03	12.28
EBIT Margin	3.08%	4.87%	0.70%	6.64%	7.25%
Effective Tax Rate	246.91%	145.13%	-	2.95%	25.43%
Advertising Expenses	-	72.84	68.13	11.45	8.11

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