Imas Makina Sanayi 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
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,164	1,839	1,196	272.8
Revenue Growth (YoY)	17.65%	53.80%	338.36%	-
Cost of Revenue	1,337	1,228	874.97	170.27
Gross Profit	826.41	611.15	320.86	102.52
Selling, General & Admin	387.38	294.47	194.47	63.22
Research & Development	83.37	99.01	16.19	18.01
Other Operating Expenses	-23.97	-27.85	179.24	-4.34
Operating Expenses	446.79	365.63	389.9	76.89
Operating Income	379.62	245.52	-69.03	25.63
Interest Expense	-101.84	-58.96	-29.44	-15.2
Interest & Investment Income	52.62	94.13	141.79	33.2
Currency Exchange Gain (Loss)	91.67	108.95	229.21	17.36
Other Non Operating Income (Expenses)	-100.35	-302.55	35.89	-0.23
EBT Excluding Unusual Items	321.72	87.09	308.41	60.76
Gain (Loss) on Sale of Investments	-	21.05	-	-
Pretax Income	321.72	108.14	308.41	60.76
Income Tax Expense	63.71	64.66	25.99	9.99
Earnings From Continuing Operations	258.02	43.48	282.43	50.78
Minority Interest in Earnings	15.16	3.57	-	-
Net Income	273.18	47.04	282.43	50.78
Net Income to Common	273.18	47.04	282.43	50.78
Net Income Growth	480.72%	-83.34%	456.22%	-
Shares Outstanding (Basic)	925	925	925	750
Shares Outstanding (Diluted)	925	925	925	750
Shares Change (YoY)	-	-	23.33%	-
EPS (Basic)	0.30	0.05	0.31	0.07
EPS (Diluted)	0.30	0.05	0.31	0.07
EPS Growth	480.72%	-83.34%	351.00%	-
Free Cash Flow	79.45	44.78	-105.25	35.9
Free Cash Flow Per Share	0.09	0.05	-0.11	0.05
Gross Margin	38.19%	33.23%	26.83%	37.58%
Operating Margin	17.54%	13.35%	-5.77%	9.40%
Profit Margin	12.63%	2.56%	23.62%	18.61%
Free Cash Flow Margin	3.67%	2.44%	-8.80%	13.16%
EBITDA	419.85	281.16	-48.36	30.06
EBITDA Margin	19.40%	15.29%	-4.04%	11.02%
D&A For EBITDA	40.22	35.64	20.67	4.42
EBIT	379.62	245.52	-69.03	25.63
EBIT Margin	17.54%	13.35%	-5.77%	9.40%
Effective Tax Rate	19.80%	59.80%	8.43%	16.43%
Advertising Expenses	3.03	17.32	20.08	2.15

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