IST:ISFIN 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
Interest and Dividend Income	17,267	11,760	7,334	3,353	1,529
Total Interest Expense	13,667	8,656	5,117	2,129	969.23
Net Interest Income	3,600	3,104	2,216	1,223	559.44
Commissions and Fees	349.43	294.79	902.85	104.89	21.07
Other Revenue	1,614	981.95	243.46	156.38	14.11
Revenue Before Loan Losses	5,563	4,380	3,362	1,485	594.62
Provision for Loan Losses	968.52	506.28	446.26	445.41	322.86
Revenue	4,595	3,874	2,916	1,039	271.76
Revenue Growth (YoY)	18.60%	32.85%	180.62%	282.39%	6.84%
Salaries & Employee Benefits	911.14	591.95	285	141.68	69.79
Cost of Services Provided	264.02	180.51	131.77	55.5	32.51
Other Operating Expenses	575.94	-110.15	423.51	220.24	-15.08
Total Operating Expenses	1,751	662.31	840.28	418.6	87.93
Operating Income	2,844	3,212	2,076	620.6	183.84
Currency Exchange Gain (Loss)	2,798	-119.7	781.06	597.79	300.88
EBT Excluding Unusual Items	5,641	3,092	2,857	1,218	484.72
Pretax Income	5,641	3,092	2,857	1,218	484.72
Income Tax Expense	1,578	949.19	837.52	295.21	146.06
Earnings From Continuing Ops.	4,063	2,143	2,019	923.18	338.66
Minority Interest in Earnings	-433.34	-217.79	-252.39	-96.41	-28.6
Net Income	3,630	1,925	1,767	826.77	310.06
Net Income to Common	3,630	1,925	1,767	826.77	310.06
Net Income Growth	88.56%	8.95%	113.73%	166.65%	56.93%
Shares Outstanding (Basic)	695	695	695	695	695
Shares Outstanding (Diluted)	695	695	695	695	695
EPS (Basic)	5.22	2.77	2.54	1.19	0.45
EPS (Diluted)	5.22	2.77	2.54	1.19	0.45
EPS Growth	88.53%	9.01%	113.61%	166.65%	59.26%
Free Cash Flow	-9,778	-2,253	1,946	-1,782	-414.71
Free Cash Flow Per Share	-14.06	-3.24	2.80	-2.56	-0.60
Operating Margin	61.89%	82.91%	71.19%	59.72%	67.65%
Profit Margin	79.01%	49.69%	60.59%	79.56%	114.09%
Free Cash Flow Margin	-212.82%	-58.15%	66.72%	-171.46%	-152.60%
Effective Tax Rate	27.97%	30.70%	29.32%	24.23%	30.13%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.