Kuyas Yatirim A.S. (IST:KUYAS)

Kuyas Yatirim A.S. Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,018	1,153	908.61	578.31	71.87	6.67
Revenue Growth (YoY)	-43.12%	26.90%	57.12%	704.61%	977.93%	-61.34%
Cost of Revenue	542.91	545.57	526.38	386.29	46.31	2.96
Gross Profit	475.11	607.42	382.23	192.02	25.57	3.71
Selling, General & Admin	73.3	72.94	81.65	55.41	14.06	7.93
Other Operating Expenses	81.32	35.65	19.53	0.52	-3.69	0.71
Operating Expenses	154.62	108.59	101.18	55.93	10.43	9.48
Operating Income	320.48	498.83	281.05	136.09	15.13	-5.77
Interest Expense	-1,011	-263.9	-47.65	-58.79	-3.42	-5.99
Interest & Investment Income	1,240	307.28	384.24	107.33	113.86	23.68
Earnings From Equity Investments	-0.48	-38.86	45.78	34.58	19.46	-
Currency Exchange Gain (Loss)	-1.27	0.03	-	0.04	0.37	0.39
Other Non Operating Income (Expenses)	-13.97	-345.39	-346.12	-327.76	-0.12	-0.33
EBT Excluding Unusual Items	533.03	157.99	317.32	-108.5	145.27	11.98
Gain (Loss) on Sale of Investments	-198.34	0	-0.04	-	-	-
Other Unusual Items	11.4	11.4	-10.94	1.23	0.21	0.18
Pretax Income	346.09	169.39	306.34	-107.27	145.48	12.16
Income Tax Expense	204.78	26.83	116.19	-29.55	18.18	2.28
Earnings From Continuing Operations	141.3	142.56	190.14	-77.72	127.3	9.88
Minority Interest in Earnings	0.82	0.07	0.4	-	-	-
Net Income	142.12	142.63	190.55	-77.72	127.3	9.88
Net Income to Common	142.12	142.63	190.55	-77.72	127.3	9.88
Net Income Growth	-69.53%	-25.15%	-	-	1188.70%	-
Shares Outstanding (Basic)	400	400	400	400	400	220
Shares Outstanding (Diluted)	400	400	400	400	400	220
Shares Change (YoY)	28.83%	-	-	-	82.03%	-
EPS (Basic)	0.36	0.36	0.48	-0.19	0.32	0.04
EPS (Diluted)	0.36	0.36	0.48	-0.19	0.32	0.04
EPS Growth	-76.35%	-25.15%	-	-	607.98%	-
Free Cash Flow	-1,008	-712.8	182.9	-6.48	36.62	-10.72
Free Cash Flow Per Share	-2.52	-1.78	0.46	-0.02	0.09	-0.05
Gross Margin	46.67%	52.68%	42.07%	33.20%	35.57%	55.58%
Operating Margin	31.48%	43.26%	30.93%	23.53%	21.05%	-86.59%
Profit Margin	13.96%	12.37%	20.97%	-13.44%	177.11%	148.14%
Free Cash Flow Margin	-99.02%	-61.82%	20.13%	-1.12%	50.96%	-160.77%
EBITDA	324.58	504.8	286.08	140.42	15.19	-5.7
EBITDA Margin	31.88%	43.78%	31.49%	24.28%	21.14%	-85.46%
D&A For EBITDA	4.09	5.97	5.03	4.33	0.06	0.08
EBIT	320.48	498.83	281.05	136.09	15.13	-5.77
EBIT Margin	31.48%	43.26%	30.93%	23.53%	21.05%	-86.59%
Effective Tax Rate	59.17%	15.84%	37.93%	-	12.50%	18.78%
Advertising Expenses	-	0.28	2.51	9.26	1.19	0.03

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