IST:GZNMI 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	3,465	3,346	2,133	948.6	169.38
Revenue Growth (YoY)	3.57%	56.83%	124.89%	460.04%	-
Cost of Revenue	3,074	2,866	1,924	803.66	137.73
Gross Profit	391.49	479.93	209.64	144.95	31.65
Selling, General & Admin	437.26	353.53	199.53	64.44	16.64
Other Operating Expenses	-70.27	-36.65	-4.84	17.48	2.74
Operating Expenses	366.99	316.87	194.69	81.92	19.37
Operating Income	24.5	163.06	14.95	63.03	12.28
Interest Expense	-499.84	-168.17	-69.86	-18.53	-0.33
Interest & Investment Income	340.45	71.25	335.86	609.73	1.46
Earnings From Equity Investments	-	-5.23	-1.28	-	-
Currency Exchange Gain (Loss)	-1.44	40.01	38.34	15.78	12.47
Other Non Operating Income (Expenses)	36.68	54.04	-432.04	-130.63	-2.35
EBT Excluding Unusual Items	-99.65	154.96	-114.03	539.37	23.54
Gain (Loss) on Sale of Investments	-41.28	-99.78	-14.87	-0.05	-
Gain (Loss) on Sale of Assets	-	-	-	0.07	-
Legal Settlements	-	-3.49	-1.44	0.07	-0.04
Pretax Income	-140.93	51.69	-129.29	539.46	23.5
Income Tax Expense	-11.22	75.02	26.37	15.92	5.98
Earnings From Continuing Operations	-129.71	-23.33	-155.66	523.54	17.52
Minority Interest in Earnings	-	-	-	-2.98	-
Net Income	-129.71	-23.33	-155.66	520.56	17.52
Net Income to Common	-129.71	-23.33	-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)	-2.00	-0.36	-2.39	8.01	1.17
EPS (Diluted)	-2.00	-0.36	-2.39	8.01	1.17
EPS Growth	-	-	-	585.59%	-
Free Cash Flow	-455.95	227.69	-896.47	-36.62	8.48
Free Cash Flow Per Share	-7.01	3.50	-13.79	-0.56	0.56
Gross Margin	11.30%	14.34%	9.83%	15.28%	18.69%
Operating Margin	0.71%	4.87%	0.70%	6.64%	7.25%
Profit Margin	-3.74%	-0.70%	-7.30%	54.88%	10.35%
Free Cash Flow Margin	-13.16%	6.81%	-42.02%	-3.86%	5.00%
EBITDA	110.33	200.72	31.19	66.05	12.73
EBITDA Margin	3.18%	6.00%	1.46%	6.96%	7.52%
D&A For EBITDA	85.83	37.66	16.24	3.02	0.45
EBIT	24.5	163.06	14.95	63.03	12.28
EBIT Margin	0.71%	4.87%	0.70%	6.64%	7.25%
Effective Tax Rate	-	145.13%	-	2.95%	25.43%
Advertising Expenses	86.64	95.35	68.13	11.45	8.11

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