IST:KUTPO 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	4,224	4,311	3,388	2,608	604.09
Revenue Growth (YoY)	-2.03%	27.24%	29.94%	331.66%	55.55%
Cost of Revenue	2,683	2,180	2,105	1,910	349.64
Gross Profit	1,541	2,131	1,283	697.45	254.45
Selling, General & Admin	983	1,318	815.01	731.96	218.61
Research & Development	92.08	65.02	63.61	45.66	9.77
Other Operating Expenses	37.4	7.31	17.62	-21.65	1.54
Operating Expenses	1,112	1,390	896.24	755.97	229.92
Operating Income	428.49	741.32	386.74	-58.52	24.53
Interest Expense	-35.84	-45.47	-114.35	-83.08	-13.95
Interest & Investment Income	234.1	36.63	3.93	43.79	18.48
Currency Exchange Gain (Loss)	105.8	27.83	97.19	44.99	16.26
Other Non Operating Income (Expenses)	-95.48	-37.18	-236.21	17.83	-
EBT Excluding Unusual Items	637.06	723.12	137.3	-35	45.31
Gain (Loss) on Sale of Investments	-	-2.21	-0.01	-	-0.42
Legal Settlements	-	-	-	-	-0.01
Pretax Income	637.06	720.91	137.29	-35	44.88
Income Tax Expense	403.86	416.43	83	-15.95	10.89
Net Income	233.21	304.48	54.29	-19.06	33.99
Net Income to Common	233.21	304.48	54.29	-19.06	33.99
Net Income Growth	-23.41%	460.89%	-	-	2.21%
Shares Outstanding (Basic)	40	40	40	40	40
Shares Outstanding (Diluted)	40	40	40	40	40
EPS (Basic)	5.84	7.63	1.36	-0.48	0.85
EPS (Diluted)	5.84	7.63	1.36	-0.48	0.85
EPS Growth	-23.41%	460.89%	-	-	2.21%
Free Cash Flow	89.02	623.42	153.35	-175.65	0.68
Free Cash Flow Per Share	2.23	15.62	3.84	-4.40	0.02
Gross Margin	36.48%	49.44%	37.87%	26.75%	42.12%
Operating Margin	10.14%	17.20%	11.41%	-2.24%	4.06%
Profit Margin	5.52%	7.06%	1.60%	-0.73%	5.63%
Free Cash Flow Margin	2.11%	14.46%	4.53%	-6.74%	0.11%
EBITDA	675.51	931.29	524.56	30.54	42.15
EBITDA Margin	15.99%	21.60%	15.48%	1.17%	6.98%
D&A For EBITDA	247.03	189.98	137.82	89.06	17.63
EBIT	428.49	741.32	386.74	-58.52	24.53
EBIT Margin	10.14%	17.20%	11.41%	-2.24%	4.06%
Effective Tax Rate	63.39%	57.76%	60.46%	-	24.26%
Advertising Expenses	51.09	21.16	13.16	20.25	10.78

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