Altus Power 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
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	11,943	12,518	13,507	12,605	6,517
Revenue Growth (YoY)	-15.21%	-7.32%	7.15%	93.42%	-
Cost of Revenue	8,629	9,000	9,437	8,220	4,233
Gross Profit	3,314	3,518	4,070	4,385	2,284
Selling, General & Admin	1,798	1,798	1,689	1,637	955.39
Other Operating Expenses	14.54	-0.52	35.32	-29.49	-15.93
Operating Expenses	1,812	1,797	1,725	1,607	939.46
Operating Income	1,502	1,721	2,346	2,778	1,345
Interest Expense	-277.67	-310.27	-385.27	-217.25	-217.35
Interest & Investment Income	1,295	986.5	81.65	28.2	16.42
Currency Exchange Gain (Loss)	148.09	-20.11	-1,178	-686.1	-1,042
Other Non Operating Income (Expenses)	-1,366	-865.95	-274.4	310.77	472.75
Pretax Income	1,301	1,511	589.63	2,214	574.07
Income Tax Expense	293.23	335.75	265.55	160.67	-171.55
Net Income	1,007	1,175	324.08	2,053	745.61
Net Income to Common	1,007	1,175	324.08	2,053	745.61
Net Income Growth	195.80%	262.68%	-84.22%	175.38%	-
Shares Outstanding (Basic)	582	559	500	500	500
Shares Outstanding (Diluted)	582	559	500	500	500
Shares Change (YoY)	16.30%	11.80%	-	-	-
EPS (Basic)	1.73	2.10	0.65	4.11	1.49
EPS (Diluted)	1.73	2.10	0.65	4.11	1.49
EPS Growth	154.34%	224.40%	-84.22%	175.38%	-
Free Cash Flow	2,220	2,182	3,994	1,227	485.67
Free Cash Flow Per Share	3.82	3.90	7.99	2.46	0.97
Dividend Per Share	1.500	1.500	0.306	-	-
Dividend Growth	390.99%	390.99%	-	-	-
Gross Margin	27.75%	28.11%	30.14%	34.79%	35.05%
Operating Margin	12.57%	13.75%	17.37%	22.04%	20.63%
Profit Margin	8.43%	9.39%	2.40%	16.29%	11.44%
Free Cash Flow Margin	18.59%	17.43%	29.57%	9.74%	7.45%
EBITDA	2,089	2,329	2,929	3,116	1,617
EBITDA Margin	17.49%	18.61%	21.69%	24.72%	24.81%
D&A For EBITDA	587.15	608.13	583.56	337.51	272.45
EBIT	1,502	1,721	2,346	2,778	1,345
EBIT Margin	12.57%	13.75%	17.37%	22.04%	20.63%
Effective Tax Rate	22.55%	22.22%	45.04%	7.26%	-

Updated Feb 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.