Hitit Bilgisayar Hizmetleri A.S. (IST:HTTBT)

IST:HTTBT Income Statement

Financials in millions TRY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,385	1,122	609.05	311.1	128.27	88.97
Revenue Growth (YoY)	64.82%	84.29%	95.77%	142.55%	44.16%	-5.22%
Cost of Revenue	701.27	580.87	313.01	142.1	70.19	48.89
Gross Profit	683.62	541.54	296.04	169	58.08	40.09
Selling, General & Admin	371.38	294.94	162.87	91.31	29.01	19.45
Other Operating Expenses	1.55	-24.19	-14.52	-13.09	-4.24	-2.28
Operating Expenses	372.93	270.74	148.35	78.22	24.76	17.17
Operating Income	310.69	270.8	147.7	90.78	33.31	22.91
Interest Expense	-45.84	-14.65	-0.23	-0.61	-0.43	-0.16
Interest & Investment Income	98.06	63.61	82.14	28.68	0.78	0.7
Currency Exchange Gain (Loss)	-30.06	-30.06	-57.16	-45.79	-4.19	0.31
Other Non Operating Income (Expenses)	31.47	-4.52	-0.38	-0.47	-0.63	-0.26
Pretax Income	364.31	285.19	172.07	72.59	28.85	23.51
Income Tax Expense	37.24	8.31	39.91	14.04	5.5	1.3
Net Income	327.07	276.88	132.17	58.54	23.35	22.21
Net Income to Common	327.07	276.88	132.17	58.54	23.35	22.21
Net Income Growth	55.95%	109.49%	125.76%	150.71%	5.16%	-29.05%
Shares Outstanding (Basic)	-	300	300	300	300	235
Shares Outstanding (Diluted)	-	300	300	300	300	235
Shares Change (YoY)	-	-	-	-	27.50%	-
EPS (Basic)	-	0.92	0.44	0.20	0.08	0.09
EPS (Diluted)	-	0.92	0.44	0.20	0.08	0.09
EPS Growth	-	109.49%	125.76%	150.71%	-17.52%	-29.05%
Free Cash Flow	544.48	308.27	-167.33	19.37	35.76	24.31
Free Cash Flow Per Share	-	1.03	-0.56	0.07	0.12	0.10
Gross Margin	49.36%	48.25%	48.61%	54.32%	45.28%	45.05%
Operating Margin	22.43%	24.13%	24.25%	29.18%	25.97%	25.75%
Profit Margin	23.62%	24.67%	21.70%	18.82%	18.21%	24.96%
Free Cash Flow Margin	39.32%	27.46%	-27.47%	6.23%	27.88%	27.32%
EBITDA	442.69	337.1	175.23	106.25	37.69	24.93
EBITDA Margin	31.97%	30.03%	28.77%	34.15%	29.38%	28.02%
D&A For EBITDA	132	66.29	27.53	15.47	4.37	2.01
EBIT	310.69	270.8	147.7	90.78	33.31	22.91
EBIT Margin	22.43%	24.13%	24.25%	29.18%	25.97%	25.75%
Effective Tax Rate	10.22%	2.91%	23.19%	19.35%	19.05%	5.54%

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.