IST:KRSTL 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	3,230	3,176	2,392	1,395	255.94
Revenue Growth (YoY)	1.69%	32.78%	71.50%	444.96%	32.95%
Cost of Revenue	2,781	2,786	2,216	1,347	245.88
Gross Profit	449.08	390.29	176.29	47.36	10.06
Selling, General & Admin	86.38	76.09	39.35	31.31	18.09
Research & Development	1.65	1.48	0.8	0.67	0.11
Other Operating Expenses	-8.4	-22.21	-60.46	-9.49	-1.67
Operating Expenses	79.63	55.36	-20.31	22.49	16.53
Operating Income	369.45	334.93	196.6	24.88	-6.47
Interest Expense	-128.97	-139.54	-0.25	-1.11	-1.27
Interest & Investment Income	107.1	166.16	6.41	4.44	4.32
Currency Exchange Gain (Loss)	-34.01	5.94	-0.53	6.97	12.71
Other Non Operating Income (Expenses)	-29.6	-162.03	-219	-147.62	-0.03
EBT Excluding Unusual Items	283.97	205.46	-16.76	-112.44	9.26
Impairment of Goodwill	-8.85	-16.59	-	-	-
Gain (Loss) on Sale of Investments	-0.28	-0.41	-0.37	-	-
Pretax Income	274.83	188.46	-17.12	-112.44	9.26
Income Tax Expense	22.87	7.39	4.7	-4.66	-1.32
Earnings From Continuing Operations	251.97	181.06	-21.82	-107.78	10.59
Minority Interest in Earnings	-0.19	-1.17	0.04	0.27	-0
Net Income	251.78	179.89	-21.78	-107.5	10.58
Net Income to Common	251.78	179.89	-21.78	-107.5	10.58
Net Income Growth	39.96%	-	-	-	106.11%
Shares Outstanding (Basic)	192	192	192	192	192
Shares Outstanding (Diluted)	192	192	192	192	192
Shares Change (YoY)	-	-	-	-	100.00%
EPS (Basic)	1.31	0.94	-0.11	-0.56	0.06
EPS (Diluted)	1.31	0.94	-0.11	-0.56	0.06
EPS Growth	39.96%	-	-	-	3.05%
Free Cash Flow	-143.87	115.06	-32.58	-49.88	-72.61
Free Cash Flow Per Share	-0.75	0.60	-0.17	-0.26	-0.38
Gross Margin	13.90%	12.29%	7.37%	3.40%	3.93%
Operating Margin	11.44%	10.54%	8.22%	1.78%	-2.53%
Profit Margin	7.80%	5.66%	-0.91%	-7.71%	4.13%
Free Cash Flow Margin	-4.45%	3.62%	-1.36%	-3.58%	-28.37%
EBITDA	460.69	406.04	261.39	67.07	-3.83
EBITDA Margin	14.26%	12.78%	10.93%	4.81%	-1.50%
D&A For EBITDA	91.24	71.12	64.79	42.2	2.64
EBIT	369.45	334.93	196.6	24.88	-6.47
EBIT Margin	11.44%	10.54%	8.22%	1.78%	-2.53%
Effective Tax Rate	8.32%	3.92%	-	-	-

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