IST:KRSTL Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	2,542	2,427	2,392	1,395	255.94	192.51
Revenue Growth (YoY)	-8.56%	1.44%	71.50%	444.96%	32.95%	33.08%
Cost of Revenue	2,143	2,128	2,216	1,347	245.88	181.24
Gross Profit	398.92	298.18	176.29	47.36	10.06	11.27
Selling, General & Admin	62.81	58.14	39.35	31.31	18.09	7.11
Research & Development	1.55	1.13	0.8	0.67	0.11	0.12
Other Operating Expenses	40.59	-31.36	-60.46	-9.49	-1.67	-1.37
Operating Expenses	104.94	27.91	-20.31	22.49	16.53	5.86
Operating Income	293.97	270.27	196.6	24.88	-6.47	5.41
Interest Expense	-35.16	-3.3	-0.25	-1.11	-1.27	-2.16
Interest & Investment Income	15.33	9.82	6.41	4.44	4.32	0.3
Currency Exchange Gain (Loss)	34.2	4.54	-0.53	6.97	12.71	1.94
Other Non Operating Income (Expenses)	-2.32	-124.36	-219	-147.62	-0.03	-0.03
EBT Excluding Unusual Items	306.02	156.97	-16.76	-112.44	9.26	5.47
Impairment of Goodwill	-12.67	-12.67	-	-	-	-
Gain (Loss) on Sale of Investments	0.11	-0.32	-0.37	-	-	-
Pretax Income	293.45	143.98	-17.12	-112.44	9.26	5.47
Income Tax Expense	24.5	5.65	4.7	-4.66	-1.32	0.32
Earnings From Continuing Operations	268.95	138.33	-21.82	-107.78	10.59	5.15
Minority Interest in Earnings	-0.79	-0.9	0.04	0.27	-0	-0.01
Net Income	268.16	137.43	-21.78	-107.5	10.58	5.13
Net Income to Common	268.16	137.43	-21.78	-107.5	10.58	5.13
Net Income Growth	163.92%	-	-	-	106.11%	687.58%
Shares Outstanding (Basic)	192	192	192	192	192	96
Shares Outstanding (Diluted)	192	192	192	192	192	96
Shares Change (YoY)	-	-	-	-	100.00%	-
EPS (Basic)	1.40	0.72	-0.11	-0.56	0.06	0.05
EPS (Diluted)	1.40	0.72	-0.11	-0.56	0.06	0.05
EPS Growth	163.92%	-	-	-	3.05%	687.64%
Free Cash Flow	-78.41	88.33	-32.58	-49.88	-72.61	4.92
Free Cash Flow Per Share	-0.41	0.46	-0.17	-0.26	-0.38	0.05
Gross Margin	15.70%	12.29%	7.37%	3.40%	3.93%	5.86%
Operating Margin	11.57%	11.14%	8.22%	1.78%	-2.53%	2.81%
Profit Margin	10.55%	5.66%	-0.91%	-7.71%	4.13%	2.67%
Free Cash Flow Margin	-3.08%	3.64%	-1.36%	-3.58%	-28.37%	2.56%
EBITDA	353.47	324.6	261.39	67.07	-3.83	7.92
EBITDA Margin	13.91%	13.38%	10.93%	4.81%	-1.50%	4.11%
D&A For EBITDA	59.49	54.33	64.79	42.2	2.64	2.51
EBIT	293.97	270.27	196.6	24.88	-6.47	5.41
EBIT Margin	11.57%	11.14%	8.22%	1.78%	-2.53%	2.81%
Effective Tax Rate	8.35%	3.92%	-	-	-	5.86%

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