IST:HKTM 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
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
Revenue	669.01	676.08	878.23	526.18	181.77
Revenue Growth (YoY)	-27.23%	-23.02%	66.91%	189.48%	-
Cost of Revenue	468.81	462.39	612.5	377.14	122.65
Gross Profit	200.21	213.69	265.72	149.04	59.11
Selling, General & Admin	187.26	200.65	197.9	124.22	20.82
Research & Development	17.19	20.8	18.89	8.8	3.03
Other Operating Expenses	-54.06	-60.62	-13.98	-8.37	-6.72
Operating Expenses	150.4	160.83	202.81	124.64	17.13
Operating Income	49.8	52.86	62.92	24.39	41.99
Interest Expense	-198.45	-197.96	-113.47	-42.13	-11.16
Interest & Investment Income	25.96	43.61	34.74	15.57	1.56
Earnings From Equity Investments	1.27	1.67	1.46	1.38	0.32
Currency Exchange Gain (Loss)	-4.42	4.23	3.39	4.29	10.52
Other Non Operating Income (Expenses)	-14.61	-33.63	-39.76	-26.78	-
EBT Excluding Unusual Items	-140.44	-129.22	-50.72	-23.29	43.22
Gain (Loss) on Sale of Investments	-2.47	-2.18	-	-	-0.71
Pretax Income	-142.87	-131.4	-50.72	-23.29	42.51
Income Tax Expense	-32.32	-14.74	-20.33	29.56	0.91
Earnings From Continuing Operations	-110.55	-116.66	-30.39	-52.86	41.6
Minority Interest in Earnings	-7.29	-9.41	-8.34	0.91	-
Net Income	-117.84	-126.07	-38.73	-51.94	41.6
Net Income to Common	-117.84	-126.07	-38.73	-51.94	41.6
Shares Outstanding (Basic)	106	94	105	88	30
Shares Outstanding (Diluted)	106	94	105	88	30
Shares Change (YoY)	13.54%	-10.18%	19.34%	189.67%	-
EPS (Basic)	-1.11	-1.34	-0.37	-0.59	1.37
EPS (Diluted)	-1.11	-1.34	-0.37	-0.59	1.37
Free Cash Flow	279.53	-14.9	31.54	-165.52	14.17
Free Cash Flow Per Share	2.64	-0.16	0.30	-1.88	0.47
Dividend Per Share	-	-	-	0.037	-
Gross Margin	29.93%	31.61%	30.26%	28.32%	32.52%
Operating Margin	7.44%	7.82%	7.16%	4.63%	23.10%
Profit Margin	-17.61%	-18.65%	-4.41%	-9.87%	22.89%
Free Cash Flow Margin	41.78%	-2.20%	3.59%	-31.46%	7.79%
EBITDA	52.94	84.18	119.3	50.01	42.54
EBITDA Margin	7.91%	12.45%	13.58%	9.50%	23.41%
D&A For EBITDA	3.14	31.32	56.39	25.62	0.56
EBIT	49.8	52.86	62.92	24.39	41.99
EBIT Margin	7.44%	7.82%	7.16%	4.63%	23.10%
Effective Tax Rate	-	-	-	-	2.13%
Advertising Expenses	-	-	-	1.4	0.43

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