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	13,124	16,411	9,390	1,764
Revenue Growth (YoY)	30.99%	-20.03%	74.77%	432.19%	42.44%
Cost of Revenue	14,488	11,660	13,522	8,014	1,385
Gross Profit	2,703	1,464	2,889	1,376	379.41
Selling, General & Admin	2,612	1,949	2,033	1,066	229.86
Other Operating Expenses	215.86	-49.57	63.72	7.63	9.23
Operating Expenses	2,828	1,899	2,097	1,073	239.09
Operating Income	-124.32	-434.9	792.55	303.19	140.32
Interest Expense	-701.74	-177.43	-217.93	-122	-27.12
Interest & Investment Income	22.56	25.08	106.6	18.14	0.66
Currency Exchange Gain (Loss)	-	-46.19	-191.76	-49.78	17.78
Other Non Operating Income (Expenses)	251.4	-137.61	451.16	194.82	108.13
EBT Excluding Unusual Items	-552.1	-771.04	940.62	344.38	239.77
Gain (Loss) on Sale of Investments	-	-	-	-	-0.06
Legal Settlements	-	-17.73	-36.89	-29.85	0.95
Pretax Income	-552.1	-788.77	903.73	314.53	240.66
Income Tax Expense	92.33	-14.46	130.39	373.98	18.8
Earnings From Continuing Operations	-644.43	-774.31	773.34	-59.45	221.86
Net Income	-644.43	-774.31	773.34	-59.45	221.86
Net Income to Common	-644.43	-774.31	773.34	-59.45	221.86
Net Income Growth	-	-	-	-	39.91%
Shares Outstanding (Basic)	-	220	220	220	220
Shares Outstanding (Diluted)	-	220	220	220	220
EPS (Basic)	-	-3.52	3.52	-0.27	1.01
EPS (Diluted)	-	-3.52	3.52	-0.27	1.01
EPS Growth	-	-	-	-	39.91%
Free Cash Flow	1,207	419.54	633.67	350.66	-75.7
Free Cash Flow Per Share	-	1.91	2.88	1.59	-0.34
Gross Margin	15.72%	11.15%	17.61%	14.66%	21.50%
Operating Margin	-0.72%	-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	689.02	87.91	1,280	636.01	190.8
EBITDA Margin	4.01%	0.67%	7.80%	6.77%	10.81%
D&A For EBITDA	813.34	522.81	487.9	332.82	50.48
EBIT	-124.32	-434.9	792.55	303.19	140.32
EBIT Margin	-0.72%	-3.31%	4.83%	3.23%	7.95%
Effective Tax Rate	-	-	14.43%	118.90%	7.81%
Advertising Expenses	-	457.66	587.15	233.59	38.88

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