Hedef Holding A.S 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	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	-158.43	145.19	1,083	2,649	82.16	283.28
Revenue Growth (YoY)	-	-86.60%	-59.10%	3124.56%	-71.00%	-
Cost of Revenue	-	-	0	0.06	0	-
Gross Profit	-158.43	145.19	1,083	2,649	82.16	283.28
Selling, General & Admin	57.73	61.53	42.79	15.84	2.53	0.87
Other Operating Expenses	-6.04	3.81	2.32	0.86	3.13	-0
Operating Expenses	51.69	65.34	45.12	16.7	5.66	0.87
Operating Income	-210.12	79.85	1,038	2,633	76.5	282.41
Interest Expense	-4.94	-6.79	-1.09	-0.6	-0.07	-0.06
Interest & Investment Income	4.93	5.18	2.35	27.81	4.68	1.28
Currency Exchange Gain (Loss)	-3.33	0.14	2.45	1.23	-	-
Other Non Operating Income (Expenses)	-1,207	-1,457	-2,106	-760.06	-	-
EBT Excluding Unusual Items	-1,421	-1,379	-1,064	1,901	81.11	283.62
Gain (Loss) on Sale of Investments	-0.03	-0.03	-0.66	-	-	-
Pretax Income	-1,421	-1,379	-1,065	1,901	81.11	283.62
Income Tax Expense	-171.01	-101.34	92.63	417.25	9.21	56.79
Net Income	-1,250	-1,277	-1,157	1,484	71.9	226.83
Net Income to Common	-1,250	-1,277	-1,157	1,484	71.9	226.83
Net Income Growth	-	-	-	1963.59%	-68.30%	-
Shares Outstanding (Basic)	1,875	1,875	1,875	1,688	1,875	-
Shares Outstanding (Diluted)	1,875	1,875	1,875	1,688	1,875	-
Shares Change (YoY)	-	-	11.11%	-10.00%	-	-
EPS (Basic)	-0.67	-0.68	-0.62	0.88	0.04	-
EPS (Diluted)	-0.67	-0.68	-0.62	0.88	0.04	-
EPS Growth	-	-	-	2192.92%	-	-
Free Cash Flow	877.66	1,098	1,746	69.92	-317.12	0.25
Free Cash Flow Per Share	0.47	0.58	0.93	0.04	-0.17	-
Gross Margin	-	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	-	55.00%	95.84%	99.37%	93.11%	99.69%
Profit Margin	-	-879.75%	-106.81%	56.00%	87.51%	80.07%
Free Cash Flow Margin	-	756.11%	161.15%	2.64%	-385.97%	0.09%
EBITDA	-211.14	80.28	1,040	2,633	76.56	282.47
EBITDA Margin	-	55.30%	95.96%	99.39%	93.19%	99.71%
D&A For EBITDA	-1.03	0.43	1.35	0.68	0.06	0.06
EBIT	-210.12	79.85	1,038	2,633	76.5	282.41
EBIT Margin	-	55.00%	95.84%	99.37%	93.11%	99.69%
Effective Tax Rate	-	-	-	21.95%	11.36%	20.02%
Advertising Expenses	-	0.52	0.51	1.1	0.41	-

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.