IST:KUTPO Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	4,320	4,224	4,311	3,388	2,608	604.09
Revenue Growth (YoY)	41.66%	-2.03%	27.24%	29.94%	331.66%	55.55%
Cost of Revenue	2,896	2,683	2,180	2,105	1,910	349.64
Gross Profit	1,424	1,541	2,131	1,283	697.45	254.45
Selling, General & Admin	923.98	983	1,318	815.01	731.96	218.61
Research & Development	82.77	92.08	65.02	63.61	45.66	9.77
Other Operating Expenses	57.2	37.4	7.31	17.62	-21.65	1.54
Operating Expenses	1,064	1,112	1,390	896.24	755.97	229.92
Operating Income	359.86	428.49	741.32	386.74	-58.52	24.53
Interest Expense	-37.64	-35.84	-45.47	-114.35	-83.08	-13.95
Interest & Investment Income	24.3	234.1	36.63	3.93	43.79	18.48
Currency Exchange Gain (Loss)	105.8	105.8	27.83	97.19	44.99	16.26
Other Non Operating Income (Expenses)	-83.04	-95.48	-37.18	-236.21	17.83	-
EBT Excluding Unusual Items	369.28	637.06	723.12	137.3	-35	45.31
Gain (Loss) on Sale of Investments	-0.07	-	-2.21	-0.01	-	-0.42
Legal Settlements	-	-	-	-	-	-0.01
Pretax Income	369.21	637.06	720.91	137.29	-35	44.88
Income Tax Expense	400.79	403.86	416.43	83	-15.95	10.89
Net Income	-31.58	233.21	304.48	54.29	-19.06	33.99
Net Income to Common	-31.58	233.21	304.48	54.29	-19.06	33.99
Net Income Growth	-	-23.41%	460.89%	-	-	2.21%
Shares Outstanding (Basic)	2,502	40	40	40	40	40
Shares Outstanding (Diluted)	2,502	40	40	40	40	40
EPS (Basic)	-0.01	5.84	7.63	1.36	-0.48	0.85
EPS (Diluted)	-0.01	5.84	7.63	1.36	-0.48	0.85
EPS Growth	-	-23.41%	460.89%	-	-	2.21%
Free Cash Flow	70.77	89.02	623.42	153.35	-175.65	0.68
Free Cash Flow Per Share	0.03	2.23	15.62	3.84	-4.40	0.02
Gross Margin	32.96%	36.48%	49.44%	37.87%	26.75%	42.12%
Operating Margin	8.33%	10.14%	17.20%	11.41%	-2.24%	4.06%
Profit Margin	-0.73%	5.52%	7.06%	1.60%	-0.73%	5.63%
Free Cash Flow Margin	1.64%	2.11%	14.46%	4.53%	-6.74%	0.11%
EBITDA	612.68	675.51	931.29	524.56	30.54	42.15
EBITDA Margin	14.18%	15.99%	21.60%	15.48%	1.17%	6.98%
D&A For EBITDA	252.82	247.03	189.98	137.82	89.06	17.63
EBIT	359.86	428.49	741.32	386.74	-58.52	24.53
EBIT Margin	8.33%	10.14%	17.20%	11.41%	-2.24%	4.06%
Effective Tax Rate	108.55%	63.39%	57.76%	60.46%	-	24.26%
Advertising Expenses	-	51.09	21.16	13.16	20.25	10.78

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