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	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,926	3,525	2,301	1,670	1,755
Revenue Growth (YoY)	27.33%	53.20%	37.77%	-4.84%	-
Cost of Revenue	3,099	2,578	1,472	1,150	1,126
Gross Profit	827.02	947.26	828.57	519.58	628.86
Selling, General & Admin	653.51	550.82	310.49	186.69	152.78
Other Operating Expenses	18.51	75.22	35.62	17.3	10.06
Operating Expenses	672.02	626.04	346.11	203.99	162.84
Operating Income	155	321.22	482.46	315.59	466.02
Interest Expense	-197.62	-164.3	-70.5	-28.97	-29.42
Interest & Investment Income	735.11	467.52	158.1	105.15	83.58
Currency Exchange Gain (Loss)	-492.8	-259.48	-343.9	-109.48	-48.84
Other Non Operating Income (Expenses)	-96.49	96.3	1,903	659.34	239.75
EBT Excluding Unusual Items	103.2	461.25	2,129	941.64	711.08
Gain (Loss) on Sale of Investments	-603.46	-566.61	-7.2	-278.45	-98.09
Legal Settlements	-34.83	-1.17	-1.07	-0.39	-0.17
Pretax Income	-535.08	-106.52	2,121	662.8	612.83
Income Tax Expense	-167.14	-15.05	581.94	387.2	227.91
Earnings From Continuing Operations	-367.95	-91.48	1,539	275.6	384.92
Minority Interest in Earnings	-33.48	-43.01	-41.37	-84.54	-66.2
Net Income	-401.43	-134.49	1,498	191.06	318.71
Net Income to Common	-401.43	-134.49	1,498	191.06	318.71
Net Income Growth	-	-	683.90%	-40.05%	-
Shares Outstanding (Basic)	100	100	96	-	-
Shares Outstanding (Diluted)	100	100	96	-	-
Shares Change (YoY)	-13.08%	4.31%	-	-	-
EPS (Basic)	-4.01	-1.34	15.60	-	-
EPS (Diluted)	-4.01	-1.34	15.60	-	-
Free Cash Flow	-1,017	-2,084	-176.14	307.19	70.88
Free Cash Flow Per Share	-10.15	-20.81	-1.83	-	-
Gross Margin	21.07%	26.87%	36.01%	31.11%	35.83%
Operating Margin	3.95%	9.11%	20.97%	18.90%	26.55%
Profit Margin	-10.22%	-3.82%	65.09%	11.44%	18.16%
Free Cash Flow Margin	-25.89%	-59.11%	-7.66%	18.39%	4.04%
EBITDA	1,001	1,036	885.15	475.59	581.93
EBITDA Margin	25.49%	29.38%	38.47%	28.48%	33.16%
D&A For EBITDA	845.54	714.29	402.69	160.01	115.91
EBIT	155	321.22	482.46	315.59	466.02
EBIT Margin	3.95%	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 Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.