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	TTM	FY 2024	FY 2023	FY 2022	FY 2021
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
Revenue	2,034	2,164	1,839	1,196	272.8
Revenue Growth (YoY)	0.89%	17.65%	53.80%	338.36%	-
Cost of Revenue	1,251	1,337	1,228	874.97	170.27
Gross Profit	783.36	826.41	611.15	320.86	102.52
Selling, General & Admin	392.06	387.38	294.47	194.47	63.22
Research & Development	84.48	83.37	99.01	16.19	18.01
Other Operating Expenses	-14.36	-23.97	-27.85	179.24	-4.34
Operating Expenses	462.19	446.79	365.63	389.9	76.89
Operating Income	321.18	379.62	245.52	-69.03	25.63
Interest Expense	-116.18	-101.84	-58.96	-29.44	-15.2
Interest & Investment Income	24.22	52.62	94.13	141.79	33.2
Currency Exchange Gain (Loss)	71.01	91.67	108.95	229.21	17.36
Other Non Operating Income (Expenses)	-209.56	-100.35	-302.55	35.89	-0.23
EBT Excluding Unusual Items	90.68	321.72	87.09	308.41	60.76
Gain (Loss) on Sale of Investments	-158.08	-	21.05	-	-
Pretax Income	-67.4	321.72	108.14	308.41	60.76
Income Tax Expense	73.77	63.71	64.66	25.99	9.99
Earnings From Continuing Operations	-141.17	258.02	43.48	282.43	50.78
Minority Interest in Earnings	20.43	15.16	3.57	-	-
Net Income	-120.74	273.18	47.04	282.43	50.78
Net Income to Common	-120.74	273.18	47.04	282.43	50.78
Net Income Growth	-	480.72%	-83.34%	456.22%	-
Shares Outstanding (Basic)	925	925	925	925	750
Shares Outstanding (Diluted)	925	925	925	925	750
Shares Change (YoY)	-4.47%	-	-	23.33%	-
EPS (Basic)	-0.13	0.30	0.05	0.31	0.07
EPS (Diluted)	-0.13	0.30	0.05	0.31	0.07
EPS Growth	-	480.72%	-83.34%	351.00%	-
Free Cash Flow	-100.03	79.45	44.78	-105.25	35.9
Free Cash Flow Per Share	-0.11	0.09	0.05	-0.11	0.05
Gross Margin	38.51%	38.19%	33.23%	26.83%	37.58%
Operating Margin	15.79%	17.54%	13.35%	-5.77%	9.40%
Profit Margin	-5.93%	12.63%	2.56%	23.62%	18.61%
Free Cash Flow Margin	-4.92%	3.67%	2.44%	-8.80%	13.16%
EBITDA	394.83	419.85	281.16	-48.36	30.06
EBITDA Margin	19.41%	19.40%	15.29%	-4.04%	11.02%
D&A For EBITDA	73.65	40.22	35.64	20.67	4.42
EBIT	321.18	379.62	245.52	-69.03	25.63
EBIT Margin	15.79%	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.