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

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	336.85	255.42	219.95	113.41	85.54
Depreciation & Amortization	49.98	40.03	30.6	21.91	5.2
Provision & Write-off of Bad Debts	0.83	0.57	0.53	0.38	-0.56
Other Operating Activities	59.16	40.79	89.31	79.94	4.46
Change in Accounts Receivable	-45.32	-15.5	-36.32	-12	-14.49
Change in Accounts Payable	-21.59	1.57	-4.83	-1.24	1.34
Change in Unearned Revenue	0.24	0.31	-0.26	0.39	-0.01
Change in Other Net Operating Assets	-59.07	-64.78	-60.34	-5.3	62.77
Operating Cash Flow	321.07	258.42	238.64	197.48	144.24
Operating Cash Flow Growth	29.27%	8.29%	20.84%	36.91%	-
Capital Expenditures	-3.71	-4.43	-9.71	-3.75	-0.27
Cash Acquisitions	-	-	-	-	-48.99
Sale (Purchase) of Intangibles	-47.97	-35.57	-26.2	-6.35	-4.01
Investing Cash Flow	-51.68	-40.01	-35.91	-10.1	-53.27
Long-Term Debt Issued	-	3.73	12.95	-	-
Long-Term Debt Repaid	-	-10.71	-17.49	-5.37	-0.42
Net Debt Issued (Repaid)	-10.55	-6.98	-4.54	-5.37	-0.42
Issuance of Common Stock	-	-	-	-	0.75
Common Dividends Paid	-183.45	-239.81	-142.74	-68.65	-101.29
Other Financing Activities	-0.27	1.93	9.83	0.36	0.34
Financing Cash Flow	-302.63	-244.86	-137.45	-73.66	-100.62
Foreign Exchange Rate Adjustments	62.54	7.15	-13.63	-80.19	9.1
Miscellaneous Cash Flow Adjustments	-74.16	-44.55	-92.4	-	-
Net Cash Flow	-44.86	-63.85	-40.76	33.53	-0.54
Free Cash Flow	317.36	253.98	228.92	193.74	143.97
Free Cash Flow Growth	32.84%	10.95%	18.16%	34.56%	-
Free Cash Flow Margin	37.07%	36.42%	42.14%	56.69%	126.46%
Free Cash Flow Per Share	-	2.54	2.29	2.12	8.08
Levered Free Cash Flow	242.25	77.21	126.94	73.28	-
Unlevered Free Cash Flow	249.18	78.26	128.04	74.21	-
Change in Working Capital	-125.74	-78.39	-101.75	-18.15	49.61

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.