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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,544	1,122	609.05	311.1	128.27	88.97
Revenue Growth (YoY)	59.51%	84.29%	95.77%	142.55%	44.16%	-5.22%
Cost of Revenue	758.92	580.87	313.01	142.1	70.19	48.89
Gross Profit	784.71	541.54	296.04	169	58.08	40.09
Selling, General & Admin	413.43	294.94	162.87	91.31	29.01	19.45
Other Operating Expenses	-6.06	-24.19	-14.52	-13.09	-4.24	-2.28
Operating Expenses	407.37	270.74	148.35	78.22	24.76	17.17
Operating Income	377.34	270.8	147.7	90.78	33.31	22.91
Interest Expense	-69.46	-14.65	-0.23	-0.61	-0.43	-0.16
Interest & Investment Income	103.32	63.61	82.14	28.68	0.78	0.7
Currency Exchange Gain (Loss)	8.82	-30.06	-57.16	-45.79	-4.19	0.31
Other Non Operating Income (Expenses)	-6.74	-4.52	-0.38	-0.47	-0.63	-0.26
Pretax Income	413.28	285.19	172.07	72.59	28.85	23.51
Income Tax Expense	41.08	8.31	39.91	14.04	5.5	1.3
Net Income	372.2	276.88	132.17	58.54	23.35	22.21
Net Income to Common	372.2	276.88	132.17	58.54	23.35	22.21
Net Income Growth	56.62%	109.49%	125.76%	150.71%	5.16%	-29.05%
Shares Outstanding (Basic)	300	300	300	300	300	235
Shares Outstanding (Diluted)	300	300	300	300	300	235
Shares Change (YoY)	-	-	-	-	27.50%	-
EPS (Basic)	1.24	0.92	0.44	0.20	0.08	0.09
EPS (Diluted)	1.24	0.92	0.44	0.20	0.08	0.09
EPS Growth	56.63%	109.49%	125.76%	150.71%	-17.52%	-29.05%
Free Cash Flow	578.66	308.27	-167.33	19.37	35.76	24.31
Free Cash Flow Per Share	1.93	1.03	-0.56	0.07	0.12	0.10
Gross Margin	50.84%	48.25%	48.61%	54.32%	45.28%	45.05%
Operating Margin	24.45%	24.13%	24.25%	29.18%	25.97%	25.75%
Profit Margin	24.11%	24.67%	21.70%	18.82%	18.21%	24.96%
Free Cash Flow Margin	37.49%	27.46%	-27.47%	6.23%	27.88%	27.32%
EBITDA	473.84	337.1	175.23	106.25	37.69	24.93
EBITDA Margin	30.70%	30.03%	28.77%	34.15%	29.38%	28.02%
D&A For EBITDA	96.5	66.29	27.53	15.47	4.37	2.01
EBIT	377.34	270.8	147.7	90.78	33.31	22.91
EBIT Margin	24.45%	24.13%	24.25%	29.18%	25.97%	25.75%
Effective Tax Rate	9.94%	2.91%	23.19%	19.35%	19.05%	5.54%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.