IST:KENT 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	17,191	17,179	16,411	9,390	1,764
Revenue Growth (YoY)	0.07%	4.68%	74.77%	432.19%	42.44%
Cost of Revenue	14,488	15,262	13,522	8,014	1,385
Gross Profit	2,703	1,916	2,889	1,376	379.41
Selling, General & Admin	2,666	2,550	2,033	1,066	229.86
Other Operating Expenses	-27.85	-64.88	63.72	7.63	9.23
Operating Expenses	2,638	2,486	2,097	1,073	239.09
Operating Income	65.55	-569.25	792.55	303.19	140.32
Interest Expense	-296.86	-232.24	-217.93	-122	-27.12
Interest & Investment Income	56.67	32.83	106.6	18.14	0.66
Currency Exchange Gain (Loss)	-258.8	-60.46	-191.76	-49.78	17.78
Other Non Operating Income (Expenses)	-93.14	-180.12	451.16	194.82	108.13
EBT Excluding Unusual Items	-526.58	-1,009	940.62	344.38	239.77
Gain (Loss) on Sale of Investments	-	-	-	-	-0.06
Legal Settlements	-25.52	-23.21	-36.89	-29.85	0.95
Pretax Income	-552.1	-1,032	903.73	314.53	240.66
Income Tax Expense	92.33	-18.93	130.39	373.98	18.8
Earnings From Continuing Operations	-644.43	-1,014	773.34	-59.45	221.86
Net Income	-644.43	-1,014	773.34	-59.45	221.86
Net Income to Common	-644.43	-1,014	773.34	-59.45	221.86
Net Income Growth	-	-	-	-	39.91%
Shares Outstanding (Basic)	220	220	220	220	220
Shares Outstanding (Diluted)	220	220	220	220	220
EPS (Basic)	-2.93	-4.61	3.52	-0.27	1.01
EPS (Diluted)	-2.93	-4.61	3.52	-0.27	1.01
EPS Growth	-	-	-	-	39.91%
Free Cash Flow	1,207	549.15	633.67	350.66	-75.7
Free Cash Flow Per Share	5.49	2.50	2.88	1.59	-0.34
Gross Margin	15.72%	11.15%	17.61%	14.66%	21.50%
Operating Margin	0.38%	-3.31%	4.83%	3.23%	7.95%
Profit Margin	-3.75%	-5.90%	4.71%	-0.63%	12.57%
Free Cash Flow Margin	7.02%	3.20%	3.86%	3.73%	-4.29%
EBITDA	777.63	115.06	1,280	636.01	190.8
EBITDA Margin	4.52%	0.67%	7.80%	6.77%	10.81%
D&A For EBITDA	712.08	684.31	487.9	332.82	50.48
EBIT	65.55	-569.25	792.55	303.19	140.32
EBIT Margin	0.38%	-3.31%	4.83%	3.23%	7.95%
Effective Tax Rate	-	-	14.43%	118.90%	7.81%
Advertising Expenses	527.5	599.04	587.15	233.59	38.88

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