IST:KRTEK Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	1,946	2,350	2,045	534.7	316.78
Revenue Growth (YoY)	-17.19%	14.92%	282.46%	68.79%	7.57%
Cost of Revenue	1,825	1,922	1,404	388	241.95
Gross Profit	120.78	428.38	640.8	146.7	74.83
Selling, General & Admin	177.9	175.92	138.75	32.91	21.57
Research & Development	4.3	4.1	2.14	0.69	0.53
Other Operating Expenses	5.9	-17.61	-3.16	2.5	-3.83
Operating Expenses	188.1	162.41	137.73	36.1	18.27
Operating Income	-67.32	265.97	503.07	110.6	56.56
Interest Expense	-352.66	-286.5	-216.58	-48.63	-27.79
Interest & Investment Income	129.31	67.75	56.78	18.96	16.19
Currency Exchange Gain (Loss)	25.79	178.79	69.71	16.66	-15.22
Other Non Operating Income (Expenses)	-48.42	-87.98	-187.47	-4.25	-3.53
EBT Excluding Unusual Items	-313.3	138.03	225.52	93.33	26.21
Gain (Loss) on Sale of Investments	-	-	3.93	0.14	-2.03
Gain (Loss) on Sale of Assets	-5.5	66.38	-0.39	-0.89	0.03
Legal Settlements	-0.05	-0.01	-0.15	-0.51	-0.32
Other Unusual Items	-0.14	-0.35	-1.25	-0.13	-
Pretax Income	-318.99	204.13	228.37	91.96	23.92
Income Tax Expense	42.79	3.18	62.8	23.65	4.79
Net Income	-361.78	200.95	165.57	68.31	19.13
Net Income to Common	-361.78	200.95	165.57	68.31	19.13
Net Income Growth	-	21.37%	142.36%	257.11%	524.99%
Shares Outstanding (Basic)	35	35	35	35	35
Shares Outstanding (Diluted)	35	35	35	35	35
EPS (Basic)	-10.31	5.72	4.72	1.95	0.55
EPS (Diluted)	-10.31	5.72	4.72	1.95	0.55
EPS Growth	-	21.37%	142.36%	257.11%	524.99%
Free Cash Flow	-164.19	310.24	-117.32	4.21	60.89
Free Cash Flow Per Share	-4.68	8.84	-3.34	0.12	1.74
Gross Margin	6.21%	18.23%	31.34%	27.43%	23.62%
Operating Margin	-3.46%	11.32%	24.60%	20.68%	17.85%
Profit Margin	-18.59%	8.55%	8.10%	12.78%	6.04%
Free Cash Flow Margin	-8.44%	13.20%	-5.74%	0.79%	19.22%
EBITDA	49.77	305.27	532.16	125.55	62.92
EBITDA Margin	2.56%	12.99%	26.02%	23.48%	19.86%
D&A For EBITDA	117.09	39.31	29.08	14.95	6.36
EBIT	-67.32	265.97	503.07	110.6	56.56
EBIT Margin	-3.46%	11.32%	24.60%	20.68%	17.85%
Effective Tax Rate	-	1.56%	27.50%	25.71%	20.02%
Advertising Expenses	23.49	34.09	24.88	-	-

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