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	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
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	Dec '20 Dec 31, 2020
Revenue	400.94	391.99	521.93	322.92	95.65	71.38
Revenue Growth (YoY)	-23.13%	-24.90%	61.63%	237.60%	34.01%	-
Cost of Revenue	420.59	410.43	449.06	276.97	77.81	44.74
Gross Profit	-19.65	-18.44	72.87	45.95	17.84	26.64
Selling, General & Admin	87.92	92.2	79.73	42.31	17.6	7.92
Other Operating Expenses	-29.28	-45.72	-0.01	-12.19	-0.5	0.94
Operating Expenses	58.64	46.49	79.73	30.11	17.1	8.86
Operating Income	-78.29	-64.93	-6.86	15.84	0.74	17.77
Interest Expense	-58.89	-34.93	-6.07	-2.9	-1.36	-1.43
Interest & Investment Income	126.07	96.25	85.7	50.23	10.66	0.92
Currency Exchange Gain (Loss)	-0.2	-0.2	8.38	-0.72	1.44	-1.26
Other Non Operating Income (Expenses)	-53.53	-76.39	-163.66	-168.53	-	-
EBT Excluding Unusual Items	-64.83	-80.2	-82.51	-106.08	11.47	16
Gain (Loss) on Sale of Investments	-1.4	-1.4	-2.79	-	-	-0.03
Pretax Income	-64.97	-80.33	-83.85	-105.29	11.64	16.08
Income Tax Expense	-15.3	-12.73	11.25	17.68	1.13	3.73
Net Income	-49.67	-67.6	-95.1	-122.97	10.51	12.36
Net Income to Common	-49.67	-67.6	-95.1	-122.97	10.51	12.36
Net Income Growth	-	-	-	-	-14.95%	-
Shares Outstanding (Basic)	163	163	91	163	97	54
Shares Outstanding (Diluted)	163	163	91	163	97	54
Shares Change (YoY)	78.90%	78.89%	-44.10%	67.74%	81.19%	-
EPS (Basic)	-0.30	-0.41	-1.04	-0.75	0.11	0.23
EPS (Diluted)	-0.30	-0.41	-1.04	-0.75	0.11	0.23
EPS Growth	-	-	-	-	-53.06%	-
Free Cash Flow	-62.91	-95.34	-348.78	-120.49	-8.66	-0.48
Free Cash Flow Per Share	-0.39	-0.58	-3.83	-0.74	-0.09	-0.01
Gross Margin	-4.90%	-4.71%	13.96%	14.23%	18.65%	37.32%
Operating Margin	-19.53%	-16.56%	-1.31%	4.90%	0.77%	24.90%
Profit Margin	-12.39%	-17.24%	-18.22%	-38.08%	10.99%	17.31%
Free Cash Flow Margin	-15.69%	-24.32%	-66.83%	-37.31%	-9.06%	-0.67%
EBITDA	-45.04	-31.98	21.23	29.82	3.06	18.98
EBITDA Margin	-11.23%	-8.16%	4.07%	9.23%	3.20%	26.60%
D&A For EBITDA	33.25	32.95	28.08	13.98	2.32	1.21
EBIT	-78.29	-64.93	-6.86	15.84	0.74	17.77
EBIT Margin	-19.53%	-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.