IST:KARTN 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	4,019	5,066	3,581	6,555	1,589
Revenue Growth (YoY)	-20.67%	41.48%	-45.37%	312.62%	76.73%
Cost of Revenue	5,208	5,586	4,248	5,166	1,166
Gross Profit	-1,188	-519.82	-666.78	1,389	422.25
Selling, General & Admin	384.23	482.64	302.04	217.73	61.46
Other Operating Expenses	32.58	4.19	30.99	-15.75	3.22
Operating Expenses	416.81	486.84	333.02	201.98	64.68
Operating Income	-1,605	-1,007	-999.8	1,187	357.57
Interest Expense	-304.79	-318.8	-47.48	-39.6	-9.2
Interest & Investment Income	131.47	404.68	280.09	299.68	132.35
Currency Exchange Gain (Loss)	-51.26	-4.67	22.07	57.75	21.29
Other Non Operating Income (Expenses)	317.33	-101.24	-350.62	-651.84	-22.3
EBT Excluding Unusual Items	-1,513	-1,027	-1,096	853.07	479.71
Gain (Loss) on Sale of Investments	-3.67	-12.42	-22.16	-21.47	-8.85
Legal Settlements	-5.07	-5.53	-	-	-
Other Unusual Items	-1.56	-29.44	-188.4	-	-
Pretax Income	-1,522	-1,072	-1,302	889.71	470.86
Income Tax Expense	-360.09	-219.53	-406.08	352.01	91.48
Earnings From Continuing Operations	-1,162	-852.96	-896.4	537.7	379.38
Minority Interest in Earnings	0.51	0.39	0.75	-0.78	-0.36
Net Income	-1,162	-852.57	-895.65	536.92	379.02
Net Income to Common	-1,162	-852.57	-895.65	536.92	379.02
Net Income Growth	-	-	-	41.66%	176.12%
Shares Outstanding (Basic)	75	75	75	75	75
Shares Outstanding (Diluted)	75	75	75	75	75
EPS (Basic)	-15.49	-11.37	-11.94	7.16	5.05
EPS (Diluted)	-15.49	-11.37	-11.94	7.16	5.05
EPS Growth	-	-	-	41.66%	176.12%
Free Cash Flow	-823.75	-1,130	-427.73	-314.03	295.68
Free Cash Flow Per Share	-10.98	-15.07	-5.70	-4.19	3.94
Dividend Per Share	-	-	-	1.837	-
Gross Margin	-29.57%	-10.26%	-18.62%	21.19%	26.58%
Operating Margin	-39.94%	-19.87%	-27.92%	18.11%	22.51%
Profit Margin	-28.90%	-16.83%	-25.01%	8.19%	23.86%
Free Cash Flow Margin	-20.50%	-22.31%	-11.94%	-4.79%	18.61%
EBITDA	-1,147	-464.29	-598.13	1,437	394.94
EBITDA Margin	-28.55%	-9.16%	-16.70%	21.93%	24.86%
D&A For EBITDA	457.85	542.38	401.67	250.2	37.38
EBIT	-1,605	-1,007	-999.8	1,187	357.57
EBIT Margin	-39.94%	-19.87%	-27.92%	18.11%	22.51%
Effective Tax Rate	-	-	-	39.56%	19.43%

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