IST:HRKET 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	3,464	3,525	2,301	1,670	1,755
Revenue Growth (YoY)	40.35%	53.20%	37.77%	-4.84%	-
Cost of Revenue	2,475	2,578	1,472	1,150	1,126
Gross Profit	989.83	947.26	828.57	519.58	628.86
Selling, General & Admin	612.13	550.82	310.49	186.69	152.78
Other Operating Expenses	133.57	75.22	35.62	17.3	10.06
Operating Expenses	745.71	626.04	346.11	203.99	162.84
Operating Income	244.12	321.22	482.46	315.59	466.02
Interest Expense	-163.59	-164.3	-70.5	-28.97	-29.42
Interest & Investment Income	657.77	467.52	158.1	105.15	83.58
Currency Exchange Gain (Loss)	-299.68	-259.48	-343.9	-109.48	-48.84
Other Non Operating Income (Expenses)	174.32	96.3	1,903	659.34	239.75
EBT Excluding Unusual Items	612.94	461.25	2,129	941.64	711.08
Gain (Loss) on Sale of Investments	-566.64	-566.61	-7.2	-278.45	-98.09
Legal Settlements	-0.56	-1.17	-1.07	-0.39	-0.17
Pretax Income	45.74	-106.52	2,121	662.8	612.83
Income Tax Expense	-252.47	-15.05	581.94	387.2	227.91
Earnings From Continuing Operations	298.21	-91.48	1,539	275.6	384.92
Minority Interest in Earnings	-79.07	-43.01	-41.37	-84.54	-66.2
Net Income	219.14	-134.49	1,498	191.06	318.71
Net Income to Common	219.14	-134.49	1,498	191.06	318.71
Net Income Growth	-85.05%	-	683.90%	-40.05%	-
Shares Outstanding (Basic)	100	100	96	-	-
Shares Outstanding (Diluted)	100	100	96	-	-
Shares Change (YoY)	4.31%	4.31%	-	-	-
EPS (Basic)	2.19	-1.34	15.60	-	-
EPS (Diluted)	2.19	-1.34	15.60	-	-
Free Cash Flow	-1,483	-2,084	-176.14	307.19	70.88
Free Cash Flow Per Share	-14.81	-20.81	-1.83	-	-
Gross Margin	28.57%	26.87%	36.01%	31.11%	35.83%
Operating Margin	7.05%	9.11%	20.97%	18.90%	26.55%
Profit Margin	6.33%	-3.82%	65.09%	11.44%	18.16%
Free Cash Flow Margin	-42.80%	-59.11%	-7.66%	18.39%	4.04%
EBITDA	1,021	1,036	885.15	475.59	581.93
EBITDA Margin	29.47%	29.38%	38.47%	28.48%	33.16%
D&A For EBITDA	776.78	714.29	402.69	160.01	115.91
EBIT	244.12	321.22	482.46	315.59	466.02
EBIT Margin	7.05%	9.11%	20.97%	18.90%	26.55%
Effective Tax Rate	-	-	27.44%	58.42%	37.19%
Advertising Expenses	-	21.29	4.55	4.44	2.33

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.