IST:KUTPO 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	3,191	3,294	3,388	2,608	604.09	388.35
Revenue Growth (YoY)	-23.50%	-2.79%	29.94%	331.66%	55.55%	7.00%
Cost of Revenue	1,905	1,665	2,105	1,910	349.64	229.55
Gross Profit	1,286	1,628	1,283	697.45	254.45	158.8
Selling, General & Admin	794.86	1,007	815.01	731.96	218.61	138.65
Research & Development	69.47	49.68	63.61	45.66	9.77	9
Other Operating Expenses	45.52	27.73	17.62	-21.65	1.54	-3.77
Operating Expenses	909.85	1,084	896.24	755.97	229.92	143.88
Operating Income	376.24	544.21	386.74	-58.52	24.53	14.92
Interest Expense	-19.82	-34.74	-114.35	-83.08	-13.95	-8.63
Interest & Investment Income	223.23	27.98	3.93	43.79	18.48	28.27
Currency Exchange Gain (Loss)	80.43	43.41	97.19	44.99	16.26	5.29
Other Non Operating Income (Expenses)	-46.83	-28.41	-236.21	17.83	-	-
EBT Excluding Unusual Items	613.25	552.46	137.3	-35	45.31	39.86
Gain (Loss) on Sale of Investments	-1.69	-1.69	-0.01	-	-0.42	-
Legal Settlements	-	-	-	-	-0.01	1.22
Pretax Income	611.56	550.77	137.29	-35	44.88	41.08
Income Tax Expense	230.57	318.15	83	-15.95	10.89	7.83
Net Income	380.99	232.62	54.29	-19.06	33.99	33.25
Net Income to Common	380.99	232.62	54.29	-19.06	33.99	33.25
Net Income Growth	9.78%	328.51%	-	-	2.21%	-17.94%
Shares Outstanding (Basic)	40	40	40	40	40	40
Shares Outstanding (Diluted)	40	40	40	40	40	40
EPS (Basic)	9.54	5.83	1.36	-0.48	0.85	0.83
EPS (Diluted)	9.54	5.83	1.36	-0.48	0.85	0.83
EPS Growth	9.78%	328.51%	-	-	2.21%	-17.94%
Free Cash Flow	-28.02	452.24	153.35	-175.65	0.68	-3.14
Free Cash Flow Per Share	-0.70	11.33	3.84	-4.40	0.02	-0.08
Gross Margin	40.31%	49.44%	37.87%	26.75%	42.12%	40.89%
Operating Margin	11.79%	16.52%	11.41%	-2.24%	4.06%	3.84%
Profit Margin	11.94%	7.06%	1.60%	-0.73%	5.63%	8.56%
Free Cash Flow Margin	-0.88%	13.73%	4.53%	-6.74%	0.11%	-0.81%
EBITDA	521.73	689.35	524.56	30.54	42.15	29.87
EBITDA Margin	16.35%	20.93%	15.48%	1.17%	6.98%	7.69%
D&A For EBITDA	145.49	145.14	137.82	89.06	17.63	14.95
EBIT	376.24	544.21	386.74	-58.52	24.53	14.92
EBIT Margin	11.79%	16.52%	11.41%	-2.24%	4.06%	3.84%
Effective Tax Rate	37.70%	57.76%	60.46%	-	24.26%	19.05%
Advertising Expenses	-	16.16	13.16	20.25	10.78	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.