IST:KLSER 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	14,063	13,022	14,025	12,258	2,619
Revenue Growth (YoY)	7.99%	-7.15%	14.41%	368.10%	69.34%
Cost of Revenue	12,448	13,006	11,821	9,672	1,832
Gross Profit	1,615	16.03	2,204	2,586	786.45
Selling, General & Admin	2,762	3,015	2,438	1,527	398.9
Research & Development	263.49	210.82	99.65	70.18	16.54
Other Operating Expenses	-46.41	-118.93	-958.74	-117.57	-30.09
Operating Expenses	3,012	3,152	1,663	1,531	390.02
Operating Income	-1,397	-3,136	540.2	1,055	396.43
Interest Expense	-2,685	-2,781	-1,392	-777.29	-131.07
Interest & Investment Income	766.29	1,600	880.7	263.89	15.51
Earnings From Equity Investments	-1.49	3.08	2.19	3.06	1.78
Currency Exchange Gain (Loss)	-671.81	-257.21	-497.08	232.79	77.16
Other Non Operating Income (Expenses)	1,059	251.6	1,031	600.97	-58.26
EBT Excluding Unusual Items	-2,931	-4,319	565.02	1,379	301.54
Gain (Loss) on Sale of Investments	-87.01	-89.08	-49	-	-
Legal Settlements	-20.27	-5.83	23.93	-21.53	-7.61
Pretax Income	-3,030	-4,412	546.55	1,364	295.02
Income Tax Expense	656.94	481.34	120.25	-813.79	0.34
Earnings From Continuing Operations	-3,687	-4,894	426.3	2,178	294.68
Minority Interest in Earnings	125.13	74.98	-	-	-
Net Income	-3,562	-4,819	426.3	2,178	294.68
Net Income to Common	-3,562	-4,819	426.3	2,178	294.68
Net Income Growth	-	-	-80.42%	638.96%	299.24%
Shares Outstanding (Basic)	1,646	1,646	1,591	1,537	1,537
Shares Outstanding (Diluted)	1,646	1,646	1,591	1,537	1,537
Shares Change (YoY)	-	3.44%	3.56%	-	-
EPS (Basic)	-2.16	-2.93	0.27	1.42	0.19
EPS (Diluted)	-2.16	-2.93	0.27	1.42	0.19
EPS Growth	-	-	-81.10%	638.96%	299.24%
Free Cash Flow	-97.45	-4,294	-1,370	65.65	482.3
Free Cash Flow Per Share	-0.06	-2.61	-0.86	0.04	0.31
Dividend Per Share	-	-	0.194	-	-
Gross Margin	11.48%	0.12%	15.71%	21.10%	30.03%
Operating Margin	-9.94%	-24.08%	3.85%	8.61%	15.14%
Profit Margin	-25.33%	-37.00%	3.04%	17.76%	11.25%
Free Cash Flow Margin	-0.69%	-32.97%	-9.77%	0.54%	18.42%
EBITDA	-381.39	-2,251	1,091	1,410	450.26
EBITDA Margin	-2.71%	-17.29%	7.78%	11.51%	17.19%
D&A For EBITDA	1,016	884.24	550.61	354.96	53.83
EBIT	-1,397	-3,136	540.2	1,055	396.43
EBIT Margin	-9.94%	-24.08%	3.85%	8.61%	15.14%
Effective Tax Rate	-	-	22.00%	-	0.11%
Advertising Expenses	301.12	381.82	290.4	168.44	62.07

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