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	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	642.81	676.08	878.23	526.18	181.77
Revenue Growth (YoY)	-34.24%	-23.02%	66.91%	189.48%	-
Cost of Revenue	397.42	462.39	612.5	377.14	122.65
Gross Profit	245.39	213.69	265.72	149.04	59.11
Selling, General & Admin	181.98	200.65	197.9	124.22	20.82
Research & Development	20.5	20.8	18.89	8.8	3.03
Other Operating Expenses	-67.59	-60.62	-13.98	-8.37	-6.72
Operating Expenses	134.89	160.83	202.81	124.64	17.13
Operating Income	110.51	52.86	62.92	24.39	41.99
Interest Expense	-169.95	-197.96	-113.47	-42.13	-11.16
Interest & Investment Income	12.93	43.61	34.74	15.57	1.56
Earnings From Equity Investments	-1.6	1.67	1.46	1.38	0.32
Currency Exchange Gain (Loss)	-23.06	4.23	3.39	4.29	10.52
Other Non Operating Income (Expenses)	16.38	-33.63	-39.76	-26.78	-
EBT Excluding Unusual Items	-54.8	-129.22	-50.72	-23.29	43.22
Gain (Loss) on Sale of Investments	-6.57	-2.18	-	-	-0.71
Pretax Income	-61.37	-131.4	-50.72	-23.29	42.51
Income Tax Expense	-10.4	-14.74	-20.33	29.56	0.91
Earnings From Continuing Operations	-50.97	-116.66	-30.39	-52.86	41.6
Minority Interest in Earnings	-20.93	-9.41	-8.34	0.91	-
Net Income	-71.9	-126.07	-38.73	-51.94	41.6
Net Income to Common	-71.9	-126.07	-38.73	-51.94	41.6
Shares Outstanding (Basic)	94	94	105	88	30
Shares Outstanding (Diluted)	94	94	105	88	30
Shares Change (YoY)	-10.18%	-10.18%	19.34%	189.67%	-
EPS (Basic)	-0.76	-1.34	-0.37	-0.59	1.37
EPS (Diluted)	-0.76	-1.34	-0.37	-0.59	1.37
Free Cash Flow	79.43	-14.9	31.54	-165.52	14.17
Free Cash Flow Per Share	0.84	-0.16	0.30	-1.88	0.47
Dividend Per Share	-	-	-	0.037	-
Gross Margin	38.17%	31.61%	30.26%	28.32%	32.52%
Operating Margin	17.19%	7.82%	7.16%	4.63%	23.10%
Profit Margin	-11.19%	-18.65%	-4.41%	-9.87%	22.89%
Free Cash Flow Margin	12.36%	-2.20%	3.59%	-31.46%	7.79%
EBITDA	93	84.18	119.3	50.01	42.54
EBITDA Margin	14.47%	12.45%	13.58%	9.50%	23.41%
D&A For EBITDA	-17.5	31.32	56.39	25.62	0.56
EBIT	110.51	52.86	62.92	24.39	41.99
EBIT Margin	17.19%	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.