Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi (IST:HATSN)

IST:HATSN Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,686	3,792	3,267	1,132	458.1	384.19
Revenue Growth (YoY)	7.51%	16.08%	188.47%	147.19%	19.24%	-
Cost of Revenue	3,115	3,217	2,504	598.12	378.3	337.28
Gross Profit	571.01	575.16	762.32	534.25	79.8	46.9
Selling, General & Admin	161.56	159.18	168.47	67.92	20.58	19.3
Other Operating Expenses	-45.19	-19.61	133.02	2.71	9.12	1.26
Operating Expenses	116.37	139.57	301.49	70.63	29.7	20.56
Operating Income	454.64	435.6	460.83	463.61	50.1	26.34
Interest Expense	-39.43	-45.77	-321.08	-6.12	-2.68	-13.04
Interest & Investment Income	173.73	105.72	58.62	32.38	42.28	11.3
Currency Exchange Gain (Loss)	85.82	190.72	238.98	-91.53	-69.13	-17.93
Other Non Operating Income (Expenses)	346.56	268.66	142.47	-	-	-
EBT Excluding Unusual Items	1,021	954.93	579.81	398.33	20.58	6.67
Gain (Loss) on Sale of Investments	11.07	-	-	-73.51	-	-
Legal Settlements	-	-	-	-0.16	-1.25	-4.3
Pretax Income	1,032	954.93	579.81	324.66	19.33	2.37
Income Tax Expense	86.67	318.97	-467.29	5.94	8.5	-5.57
Earnings From Continuing Operations	945.72	635.96	1,047	318.72	10.83	7.94
Minority Interest in Earnings	-	-	-	2.2	-3.87	-0.95
Net Income	945.72	635.96	1,047	320.91	6.96	6.99
Net Income to Common	945.72	635.96	1,047	320.91	6.96	6.99
Net Income Growth	37.28%	-39.27%	226.29%	4511.13%	-0.47%	-
Shares Outstanding (Basic)	222	222	222	66	18	6
Shares Outstanding (Diluted)	222	222	222	66	18	6
Shares Change (YoY)	-	-	237.94%	263.38%	184.00%	-
EPS (Basic)	4.27	2.87	4.73	4.90	0.39	1.10
EPS (Diluted)	4.27	2.87	4.73	4.90	0.39	1.10
EPS Growth	37.28%	-39.27%	-3.45%	1168.94%	-64.95%	-
Free Cash Flow	-210.31	-163.78	-714.41	349.89	-462.9	-37.17
Free Cash Flow Per Share	-0.95	-0.74	-3.23	5.34	-25.66	-5.85
Gross Margin	15.49%	15.17%	23.34%	47.18%	17.42%	12.21%
Operating Margin	12.33%	11.49%	14.11%	40.94%	10.94%	6.86%
Profit Margin	25.65%	16.77%	32.06%	28.34%	1.52%	1.82%
Free Cash Flow Margin	-5.71%	-4.32%	-21.87%	30.90%	-101.05%	-9.68%
EBITDA	681.35	657.13	652.83	492.19	58.3	32.56
EBITDA Margin	18.48%	17.33%	19.98%	43.47%	12.73%	8.47%
D&A For EBITDA	226.72	221.53	192	28.58	8.2	6.21
EBIT	454.64	435.6	460.83	463.61	50.1	26.34
EBIT Margin	12.33%	11.49%	14.11%	40.94%	10.94%	6.86%
Effective Tax Rate	8.39%	33.40%	-	1.83%	43.97%	-

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