Investco Holding 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	Sep '25 Sep 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	-3,176	3,191	152.91	4,650	312.54	54.97
Revenue Growth (YoY)	-	1986.86%	-96.71%	1387.82%	468.55%	-33.36%
Cost of Revenue	1,393	-	-	-	-	40.64
Gross Profit	-4,568	3,191	152.91	4,650	312.54	14.34
Selling, General & Admin	55.03	52.08	57.08	21	3.3	15.44
Other Operating Expenses	3.04	3.47	-2.39	-7.32	-1,315	-7.08
Operating Expenses	58.07	55.54	54.69	13.68	-1,311	8.36
Operating Income	-4,626	3,136	98.22	4,636	1,624	5.98
Interest Expense	-32.76	-9.85	-	-	-1.62	-4.61
Interest & Investment Income	-	497.32	303.84	207.95	95.72	9.85
Earnings From Equity Investments	-	-	-	-	-	7.55
Currency Exchange Gain (Loss)	0.11	0.02	0.05	0.53	1.42	4.09
Other Non Operating Income (Expenses)	71.87	-416.5	-566.68	-401.85	-8.24	-16.04
EBT Excluding Unusual Items	-4,587	3,207	-164.57	4,443	1,711	6.81
Gain (Loss) on Sale of Investments	-	-	-3.11	-	-	234.2
Pretax Income	-4,587	3,207	-167.68	4,443	1,711	241.01
Income Tax Expense	761.88	1,745	-233.99	435.96	32.29	27.13
Earnings From Continuing Operations	-5,349	1,462	66.31	4,007	1,679	213.89
Minority Interest in Earnings	-	-	-	-	-	-67.53
Net Income	-5,349	1,462	66.31	4,007	1,679	146.35
Net Income to Common	-5,349	1,462	66.31	4,007	1,679	146.35
Net Income Growth	-	2104.87%	-98.34%	138.66%	1047.19%	167.91%
Shares Outstanding (Basic)	188	188	188	181	150	150
Shares Outstanding (Diluted)	188	188	188	181	150	150
Shares Change (YoY)	-	-	3.40%	20.89%	-	-
EPS (Basic)	-28.53	7.80	0.35	22.10	11.19	0.98
EPS (Diluted)	-28.53	7.80	0.35	22.10	11.19	0.98
EPS Growth	-	2104.87%	-98.40%	97.42%	1047.19%	167.91%
Free Cash Flow	-228.53	-254.93	-546.06	53.94	47.99	68.68
Free Cash Flow Per Share	-1.22	-1.36	-2.91	0.30	0.32	0.46
Gross Margin	-	100.00%	100.00%	100.00%	100.00%	26.08%
Operating Margin	-	98.26%	64.23%	99.71%	519.60%	10.87%
Profit Margin	-	45.81%	43.36%	86.17%	537.19%	266.23%
Free Cash Flow Margin	-	-7.99%	-357.10%	1.16%	15.35%	124.94%
EBITDA	-4,618	3,143	106.04	4,637	1,624	8.41
EBITDA Margin	-	98.50%	69.35%	99.73%	519.62%	15.30%
D&A For EBITDA	7.85	7.83	7.82	1.05	0.06	2.43
EBIT	-4,626	3,136	98.22	4,636	1,624	5.98
EBIT Margin	-	98.26%	64.23%	99.71%	519.60%	10.87%
Effective Tax Rate	-	54.41%	-	9.81%	1.89%	11.25%
Advertising Expenses	-	8.87	0.81	3.13	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.