Hektas Ticaret T.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	6,128	6,371	8,719	10,001	2,021
Revenue Growth (YoY)	-3.81%	-26.93%	-12.82%	394.94%	99.34%
Cost of Revenue	6,721	7,693	7,541	6,974	1,312
Gross Profit	-593.26	-1,322	1,178	3,027	708.32
Selling, General & Admin	1,795	1,974	2,049	858.42	176.75
Research & Development	446.84	505.43	300.59	179.19	35.38
Other Operating Expenses	253.63	-30.49	61.13	-1.77	-0.31
Operating Expenses	2,495	2,449	2,410	1,036	211.82
Operating Income	-3,088	-3,771	-1,233	1,992	496.51
Interest Expense	-1,700	-6,155	-4,625	-1,976	-205.43
Interest & Investment Income	483.93	2,266	2,921	175.75	19.8
Currency Exchange Gain (Loss)	-1,131	-200.23	-208.08	-93.4	11.82
Other Non Operating Income (Expenses)	1,232	3,223	959.98	1,084	-1.29
EBT Excluding Unusual Items	-4,204	-4,638	-2,185	1,182	321.41
Gain (Loss) on Sale of Investments	-2.15	-2.43	-2.61	-3.27	-0.18
Pretax Income	-4,206	-4,640	-2,187	1,179	321.23
Income Tax Expense	-131.98	-1,035	-895.72	34.35	7.95
Earnings From Continuing Operations	-4,074	-3,605	-1,291	1,145	313.27
Minority Interest in Earnings	28.24	35.91	23.42	21.82	6.12
Net Income	-4,046	-3,569	-1,268	1,167	319.39
Net Income to Common	-4,046	-3,569	-1,268	1,167	319.39
Net Income Growth	-	-	-	265.23%	78.77%
Shares Outstanding (Basic)	8,430	3,435	2,530	1,350	1,052
Shares Outstanding (Diluted)	8,430	3,435	2,530	1,350	1,052
Shares Change (YoY)	145.40%	35.78%	87.43%	28.30%	25.25%
EPS (Basic)	-0.48	-1.04	-0.50	0.86	0.30
EPS (Diluted)	-0.48	-1.04	-0.50	0.86	0.30
EPS Growth	-	-	-	184.66%	42.73%
Free Cash Flow	878.41	4,650	379.67	-4,212	-1,041
Free Cash Flow Per Share	0.10	1.35	0.15	-3.12	-0.99
Gross Margin	-9.68%	-20.76%	13.51%	30.27%	35.05%
Operating Margin	-50.40%	-59.20%	-14.14%	19.91%	24.57%
Profit Margin	-66.03%	-56.02%	-14.54%	11.66%	15.81%
Free Cash Flow Margin	14.34%	72.99%	4.35%	-42.11%	-51.53%
EBITDA	-2,204	-2,956	-684.17	2,213	533.15
EBITDA Margin	-35.97%	-46.39%	-7.85%	22.12%	26.38%
D&A For EBITDA	884.26	815.68	548.69	221.15	36.64
EBIT	-3,088	-3,771	-1,233	1,992	496.51
EBIT Margin	-50.40%	-59.20%	-14.14%	19.91%	24.57%
Effective Tax Rate	-	-	-	2.91%	2.48%
Advertising Expenses	33.46	38.93	171.65	67.21	9.07

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.