IST:HKTM 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	793.62	884.94	878.23	526.18	181.77
Revenue Growth (YoY)	-10.32%	0.76%	66.91%	189.48%	-
Cost of Revenue	500.2	605.24	612.5	377.14	122.65
Gross Profit	293.42	279.7	265.72	149.04	59.11
Selling, General & Admin	239.74	248.68	197.9	124.22	20.82
Research & Development	41.53	27.23	18.89	8.8	3.03
Other Operating Expenses	-50.48	-42.99	-13.98	-8.37	-6.72
Operating Expenses	230.79	232.92	202.81	124.64	17.13
Operating Income	62.63	46.78	62.92	24.39	41.99
Interest Expense	-195.52	-236.71	-113.47	-42.13	-11.16
Interest & Investment Income	41.74	57.08	34.74	15.57	1.56
Earnings From Equity Investments	-	2.19	1.46	1.38	0.32
Currency Exchange Gain (Loss)	-30.47	5.54	3.39	4.29	10.52
Other Non Operating Income (Expenses)	102.16	-44.01	-39.76	-26.78	-
EBT Excluding Unusual Items	-19.47	-169.14	-50.72	-23.29	43.22
Gain (Loss) on Sale of Investments	-7.32	-2.85	-	-	-0.71
Pretax Income	-26.79	-171.99	-50.72	-23.29	42.51
Income Tax Expense	73.92	-19.3	-20.33	29.56	0.91
Earnings From Continuing Operations	-100.71	-152.69	-30.39	-52.86	41.6
Minority Interest in Earnings	-17.22	-12.32	-8.34	0.91	-
Net Income	-117.93	-165.01	-38.73	-51.94	41.6
Net Income to Common	-117.93	-165.01	-38.73	-51.94	41.6
Shares Outstanding (Basic)	105	94	105	88	30
Shares Outstanding (Diluted)	105	94	105	88	30
Shares Change (YoY)	11.34%	-10.18%	19.34%	189.67%	-
EPS (Basic)	-1.12	-1.75	-0.37	-0.59	1.37
EPS (Diluted)	-1.12	-1.75	-0.37	-0.59	1.37
Free Cash Flow	-201.57	-19.51	31.54	-165.52	14.17
Free Cash Flow Per Share	-1.92	-0.21	0.30	-1.88	0.47
Dividend Per Share	-	-	-	0.037	-
Gross Margin	36.97%	31.61%	30.26%	28.32%	32.52%
Operating Margin	7.89%	5.29%	7.16%	4.63%	23.10%
Profit Margin	-14.86%	-18.65%	-4.41%	-9.87%	22.89%
Free Cash Flow Margin	-25.40%	-2.20%	3.59%	-31.46%	7.79%
EBITDA	94.63	87.77	119.3	50.01	42.54
EBITDA Margin	11.92%	9.92%	13.58%	9.50%	23.41%
D&A For EBITDA	32	40.99	56.39	25.62	0.56
EBIT	62.63	46.78	62.92	24.39	41.99
EBIT Margin	7.89%	5.29%	7.16%	4.63%	23.10%
Effective Tax Rate	-	-	-	-	2.13%
Advertising Expenses	1.58	2.68	-	1.4	0.43

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