IST:KERVN Income Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	-0.17	0.54	4.18	1.17	0.01	73.99
Revenue Growth (YoY)	-	-87.15%	257.81%	16343.70%	-99.99%	39.39%
Cost of Revenue	0.05	0.71	3.83	1.47	0.01	7.2
Gross Profit	-0.22	-0.18	0.35	-0.3	0	66.79
Selling, General & Admin	91.85	116.2	81.48	37.69	18.97	8.09
Other Operating Expenses	-1,042	-245.84	441.83	77.91	207.44	14.89
Operating Expenses	-950.11	-129.64	523.31	115.6	226.41	22.97
Operating Income	949.89	129.46	-522.96	-115.9	-226.41	43.82
Interest Expense	-	-48.14	-196.62	-176.78	-185.19	-19.22
Interest & Investment Income	829.73	364.53	2,880	3,177	1,229	648.75
Currency Exchange Gain (Loss)	-2,375	-2,375	-944.06	-2,605	-709.69	-724.41
Other Non Operating Income (Expenses)	1,527	1,977	-256.59	-193.49	-230.65	-
EBT Excluding Unusual Items	931.27	47.83	959.82	85	-123.16	-51.07
Gain (Loss) on Sale of Investments	-194.41	-245	-136.37	-69.69	-24.02	-7.11
Pretax Income	736.86	-197.17	823.44	15.31	-147.18	-58.18
Income Tax Expense	-882.05	-152.03	498.43	573.85	41.4	-
Earnings From Continuing Operations	1,619	-45.14	325.01	-558.54	-188.59	-58.18
Net Income to Company	1,619	-45.14	325.01	-558.54	-188.59	-58.18
Minority Interest in Earnings	-16.1	-1.37	167.89	22.28	57.03	17.98
Net Income	1,603	-46.51	492.91	-536.27	-131.56	-40.2
Net Income to Common	1,603	-46.51	492.91	-536.27	-131.56	-40.2
Shares Outstanding (Basic)	-	589	589	589	589	589
Shares Outstanding (Diluted)	-	589	589	589	589	589
EPS (Basic)	-	-0.08	0.84	-0.91	-0.22	-0.07
EPS (Diluted)	-	-0.08	0.84	-0.91	-0.22	-0.07
Free Cash Flow	831.49	765.29	1,740	217.44	281.44	61.5
Free Cash Flow Per Share	-	1.30	2.96	0.37	0.48	0.10
Gross Margin	-	-32.57%	8.33%	-25.60%	4.78%	90.27%
Operating Margin	-	24078.17%	-12502.81%	-9914.89%	-3184788.86%	59.22%
Profit Margin	-	-8650.73%	11784.28%	-45874.78%	-1850595.88%	-54.33%
Free Cash Flow Margin	-	142335.56%	41598.15%	18600.81%	3958897.58%	83.12%
EBITDA	957.27	161.46	-449.46	-63.73	-192.57	46.7
EBITDA Margin	-	30030.48%	-	-	-	63.12%
D&A For EBITDA	7.38	32	73.5	52.17	33.83	2.89
EBIT	949.89	129.46	-522.96	-115.9	-226.41	43.82
EBIT Margin	-	24078.17%	-	-	-	59.22%
Effective Tax Rate	-	-	60.53%	3748.04%	-	-

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