Ihlas Haber Ajansi A.S. Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	391.99	521.93	322.92	95.65	71.38
Revenue Growth (YoY)	-24.90%	61.63%	237.60%	34.01%	-
Cost of Revenue	410.43	449.06	276.97	77.81	44.74
Gross Profit	-18.44	72.87	45.95	17.84	26.64
Selling, General & Admin	92.2	79.73	42.31	17.6	7.92
Other Operating Expenses	-45.72	-0.01	-12.19	-0.5	0.94
Operating Expenses	46.49	79.73	30.11	17.1	8.86
Operating Income	-64.93	-6.86	15.84	0.74	17.77
Interest Expense	-34.93	-6.07	-2.9	-1.36	-1.43
Interest & Investment Income	96.25	85.7	50.23	10.66	0.92
Currency Exchange Gain (Loss)	-0.2	8.38	-0.72	1.44	-1.26
Other Non Operating Income (Expenses)	-76.39	-163.66	-168.53	-	-
EBT Excluding Unusual Items	-80.2	-82.51	-106.08	11.47	16
Gain (Loss) on Sale of Investments	-1.4	-2.79	-	-	-0.03
Pretax Income	-80.33	-83.85	-105.29	11.64	16.08
Income Tax Expense	-12.73	11.25	17.68	1.13	3.73
Net Income	-67.6	-95.1	-122.97	10.51	12.36
Net Income to Common	-67.6	-95.1	-122.97	10.51	12.36
Net Income Growth	-	-	-	-14.95%	-
Shares Outstanding (Basic)	163	91	163	97	54
Shares Outstanding (Diluted)	163	91	163	97	54
Shares Change (YoY)	78.89%	-44.10%	67.74%	81.19%	-
EPS (Basic)	-0.41	-1.04	-0.75	0.11	0.23
EPS (Diluted)	-0.41	-1.04	-0.75	0.11	0.23
EPS Growth	-	-	-	-53.06%	-
Free Cash Flow	-95.34	-348.78	-120.49	-8.66	-0.48
Free Cash Flow Per Share	-0.58	-3.83	-0.74	-0.09	-0.01
Gross Margin	-4.71%	13.96%	14.23%	18.65%	37.32%
Operating Margin	-16.56%	-1.31%	4.90%	0.77%	24.90%
Profit Margin	-17.24%	-18.22%	-38.08%	10.99%	17.31%
Free Cash Flow Margin	-24.32%	-66.83%	-37.31%	-9.06%	-0.67%
EBITDA	-31.98	21.23	29.82	3.06	18.98
EBITDA Margin	-8.16%	4.07%	9.23%	3.20%	26.60%
D&A For EBITDA	32.95	28.08	13.98	2.32	1.21
EBIT	-64.93	-6.86	15.84	0.74	17.77
EBIT Margin	-16.56%	-1.31%	4.90%	0.77%	24.90%
Effective Tax Rate	-	-	-	9.70%	23.17%

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