LDR Turizm A.S. 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	2,048	2,961	2,560	1,341	476.3
Revenue Growth (YoY)	-30.83%	15.64%	90.92%	181.56%	30.00%
Cost of Revenue	1,970	2,624	1,677	707.3	195.73
Gross Profit	77.58	336.56	883.05	633.78	280.57
Selling, General & Admin	121.37	129.8	84.53	59.95	10.2
Other Operating Expenses	41.48	37.51	52.75	25.86	11.31
Operating Expenses	162.86	167.3	137.28	85.81	21.51
Operating Income	-85.28	169.25	745.77	547.97	259.06
Interest Expense	-891.05	-863.29	-468.3	-269.61	-107.5
Interest & Investment Income	4,944	3,474	777.95	489.05	37.11
Currency Exchange Gain (Loss)	1.42	-1.86	-7.57	-2	-5.37
Other Non Operating Income (Expenses)	-1,236	-1,329	35.68	337.53	-5.12
EBT Excluding Unusual Items	2,733	1,449	1,084	1,103	178.18
Gain (Loss) on Sale of Investments	-16.3	-76.14	-13.68	-0.05	-0.27
Pretax Income	2,717	1,373	1,070	1,103	177.91
Income Tax Expense	897.51	380.28	192.45	285.26	37.62
Net Income	1,820	992.61	877.39	817.64	140.29
Net Income to Common	1,820	992.61	877.39	817.64	140.29
Net Income Growth	83.31%	13.13%	7.31%	482.84%	63.47%
Shares Outstanding (Basic)	815	824	825	825	663
Shares Outstanding (Diluted)	815	824	825	825	663
Shares Change (YoY)	-1.17%	-0.09%	-	24.53%	6.00%
EPS (Basic)	2.23	1.20	1.06	0.99	0.21
EPS (Diluted)	2.23	1.20	1.06	0.99	0.21
EPS Growth	85.47%	13.23%	7.31%	368.03%	54.22%
Free Cash Flow	-1,087	-1,386	-569.11	615.58	-161.79
Free Cash Flow Per Share	-1.33	-1.68	-0.69	0.75	-0.24
Dividend Per Share	-	-	0.100	0.036	0.026
Dividend Growth	-	-	174.72%	38.93%	-
Gross Margin	3.79%	11.37%	34.49%	47.26%	58.91%
Operating Margin	-4.16%	5.72%	29.13%	40.86%	54.39%
Profit Margin	88.84%	33.52%	34.27%	60.97%	29.45%
Free Cash Flow Margin	-53.08%	-46.82%	-22.23%	45.90%	-33.97%
EBITDA	-25.1	220.34	746.16	549.6	259.27
EBITDA Margin	-1.23%	7.44%	29.14%	40.98%	54.43%
D&A For EBITDA	60.18	51.09	0.39	1.63	0.2
EBIT	-85.28	169.25	745.77	547.97	259.06
EBIT Margin	-4.16%	5.72%	29.13%	40.86%	54.39%
Effective Tax Rate	33.03%	27.70%	17.99%	25.86%	21.15%
Advertising Expenses	2.64	1.56	0.77	20.46	0.11

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