IST:HRKET 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	5,948	4,614	2,301	1,670	1,755
Revenue Growth (YoY)	28.91%	100.53%	37.77%	-4.84%	-
Cost of Revenue	4,614	3,374	1,472	1,150	1,126
Gross Profit	1,334	1,240	828.57	519.58	628.86
Selling, General & Admin	983.65	727.92	310.49	186.69	152.78
Other Operating Expenses	61.71	91.52	35.62	17.3	10.06
Operating Expenses	1,045	819.44	346.11	203.99	162.84
Operating Income	288.95	420.45	482.46	315.59	466.02
Interest Expense	-189.13	-215.06	-70.5	-28.97	-29.42
Interest & Investment Income	471.6	611.94	158.1	105.15	83.58
Currency Exchange Gain (Loss)	-519.28	-339.64	-343.9	-109.48	-48.84
Other Non Operating Income (Expenses)	728.78	126.05	1,903	659.34	239.75
EBT Excluding Unusual Items	780.93	603.74	2,129	941.64	711.08
Gain (Loss) on Sale of Investments	-2,045	-741.64	-7.2	-278.45	-98.09
Legal Settlements	-4.19	-1.53	-1.07	-0.39	-0.17
Pretax Income	-1,268	-139.43	2,121	662.8	612.83
Income Tax Expense	324.84	-19.69	581.94	387.2	227.91
Earnings From Continuing Operations	-1,593	-119.74	1,539	275.6	384.92
Minority Interest in Earnings	7.39	-56.3	-41.37	-84.54	-66.2
Net Income	-1,586	-176.04	1,498	191.06	318.71
Net Income to Common	-1,586	-176.04	1,498	191.06	318.71
Net Income Growth	-	-	683.90%	-40.05%	-
Shares Outstanding (Basic)	115	100	96	-	-
Shares Outstanding (Diluted)	115	100	96	-	-
Shares Change (YoY)	15.04%	4.31%	-	-	-
EPS (Basic)	-13.76	-1.76	15.60	-	-
EPS (Diluted)	-13.76	-1.76	15.60	-	-
Free Cash Flow	-3,098	-2,727	-176.14	307.19	70.88
Free Cash Flow Per Share	-26.89	-27.23	-1.83	-	-
Gross Margin	22.43%	26.87%	36.01%	31.11%	35.83%
Operating Margin	4.86%	9.11%	20.97%	18.90%	26.55%
Profit Margin	-26.66%	-3.82%	65.09%	11.44%	18.16%
Free Cash Flow Margin	-52.08%	-59.11%	-7.66%	18.39%	4.04%
EBITDA	1,340	1,355	885.15	475.59	581.93
EBITDA Margin	22.53%	29.38%	38.47%	28.48%	33.16%
D&A For EBITDA	1,051	934.95	402.69	160.01	115.91
EBIT	288.95	420.45	482.46	315.59	466.02
EBIT Margin	4.86%	9.11%	20.97%	18.90%	26.55%
Effective Tax Rate	-	-	27.44%	58.42%	37.19%
Advertising Expenses	16.82	27.87	4.55	4.44	2.33

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