IST:INGRM Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	27,186	21,251	16,194	10,325	4,777
Revenue Growth (YoY)	27.93%	31.23%	56.84%	116.16%	54.00%
Cost of Revenue	25,661	20,008	15,371	9,816	4,551
Gross Profit	1,525	1,243	822.3	508.93	225.74
Selling, General & Admin	903.6	667.93	382.48	174.12	93.9
Other Operating Expenses	-107.61	-70.27	-50.34	-12.97	-11.32
Operating Expenses	795.99	597.66	332.14	161.15	82.58
Operating Income	729.33	645.32	490.16	347.78	143.16
Interest Expense	-409.51	-300.17	-150.02	-57.73	-22.75
Interest & Investment Income	57.1	12.03	5.03	1.47	0.62
Currency Exchange Gain (Loss)	-328.74	-64.72	-207.52	-98.81	-40.32
Other Non Operating Income (Expenses)	-62.19	-60.11	-31.15	-11.9	-3.55
EBT Excluding Unusual Items	-14	232.35	106.51	180.81	77.16
Pretax Income	-14	232.35	106.51	180.81	77.16
Income Tax Expense	106.09	19.84	129.54	104.3	97.36
Earnings From Continuing Operations	-120.1	212.51	-23.03	76.5	-20.21
Minority Interest in Earnings	-23.3	-31.79	-4.6	-9.62	-2.16
Net Income	-143.39	180.72	-27.63	66.89	-22.36
Net Income to Common	-143.39	180.72	-27.63	66.89	-22.36
Shares Outstanding (Basic)	24	24	24	24	24
Shares Outstanding (Diluted)	24	24	24	24	24
EPS (Basic)	-5.97	7.53	-1.15	2.79	-0.93
EPS (Diluted)	-5.97	7.53	-1.15	2.79	-0.93
Free Cash Flow	-940.46	-344.52	162.12	148.79	-266.43
Free Cash Flow Per Share	-39.19	-14.36	6.75	6.20	-11.10
Dividend Per Share	-	-	-	5.341	-
Gross Margin	5.61%	5.85%	5.08%	4.93%	4.73%
Operating Margin	2.68%	3.04%	3.03%	3.37%	3.00%
Profit Margin	-0.53%	0.85%	-0.17%	0.65%	-0.47%
Free Cash Flow Margin	-3.46%	-1.62%	1.00%	1.44%	-5.58%
EBITDA	746.17	666.09	503.63	354.92	147.04
EBITDA Margin	2.74%	3.13%	3.11%	3.44%	3.08%
D&A For EBITDA	16.84	20.78	13.47	7.15	3.88
EBIT	729.33	645.32	490.16	347.78	143.16
EBIT Margin	2.68%	3.04%	3.03%	3.37%	3.00%
Effective Tax Rate	-	8.54%	121.62%	57.69%	126.19%

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