Mackolik Internet Hizmetleri Ticaret A.S. (IST:MACKO)

IST:MACKO Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	697.42	543.25	341.77	113.85
Revenue Growth (YoY)	28.38%	58.95%	200.19%	-
Cost of Revenue	211.11	161.33	92.51	23.82
Gross Profit	486.31	381.92	249.26	90.03
Selling, General & Admin	124.22	128.74	74.92	15.66
Other Operating Expenses	1.57	4.88	0.92	2.57
Operating Expenses	125.78	133.62	75.84	18.23
Operating Income	360.52	248.3	173.41	71.8
Interest Expense	-1.68	-1.75	-1.48	-0.4
Interest & Investment Income	61.4	38.33	0.36	3.33
Currency Exchange Gain (Loss)	8.29	36.96	43.04	29.31
Other Non Operating Income (Expenses)	-83.66	-60.21	-62.38	-
EBT Excluding Unusual Items	344.88	261.63	152.96	104.03
Gain (Loss) on Sale of Investments	-	-	-	-0.05
Legal Settlements	-0.18	-	-0.11	-0.01
Pretax Income	344.69	261.63	152.85	103.98
Income Tax Expense	89.28	41.69	39.43	18.44
Net Income	255.42	219.95	113.41	85.54
Net Income to Common	255.42	219.95	113.41	85.54
Net Income Growth	16.13%	93.93%	32.58%	-
Shares Outstanding (Basic)	25	25	23	4
Shares Outstanding (Diluted)	25	25	23	4
Shares Change (YoY)	-	9.47%	412.76%	-
EPS (Basic)	10.22	8.80	4.97	19.21
EPS (Diluted)	10.22	8.80	4.97	19.21
EPS Growth	16.13%	77.15%	-74.14%	-
Free Cash Flow	253.98	228.92	193.74	143.97
Free Cash Flow Per Share	10.16	9.16	8.48	32.33
Dividend Per Share	-	6.090	-	-
Gross Margin	69.73%	70.30%	72.93%	79.08%
Operating Margin	51.69%	45.71%	50.74%	63.06%
Profit Margin	36.62%	40.49%	33.18%	75.14%
Free Cash Flow Margin	36.42%	42.14%	56.69%	126.46%
EBITDA	393.9	274.76	191.33	76.23
EBITDA Margin	56.48%	50.58%	55.98%	66.96%
D&A For EBITDA	33.38	26.46	17.91	4.43
EBIT	360.52	248.3	173.41	71.8
EBIT Margin	51.69%	45.71%	50.74%	63.06%
Effective Tax Rate	25.90%	15.93%	25.80%	17.73%
Advertising Expenses	-	-	28.6	-

Updated Mar 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.