IST:MAGEN 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	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,220	1,135	1,095	1,241	508.83	89.18
Revenue Growth (YoY)	5.40%	3.60%	-11.72%	143.82%	470.57%	-
Operations & Maintenance	2.31	2.31	2.96	0.23	-	-
Selling, General & Admin	364.03	307.72	226.26	95.01	25.25	1.5
Other Operating Expenses	820.05	765.1	648.61	749.01	332.58	23.89
Total Operating Expenses	1,186	1,075	877.83	844.25	357.83	25.39
Operating Income	33.19	59.51	217.36	396.4	151	63.79
Interest Expense	-532.02	-376.62	-339.48	-146.88	-92.53	-0.03
Interest Income	26.96	362.11	785.2	766.23	677.83	88.11
Net Interest Expense	-505.06	-14.51	445.72	619.35	585.3	88.07
Currency Exchange Gain (Loss)	-291.5	-222.52	-122.35	-668.21	273	-82.77
Other Non-Operating Income (Expenses)	1,056	1,076	303.23	519.29	6.13	-0.03
EBT Excluding Unusual Items	293.11	898.11	843.96	866.82	1,015	69.07
Gain (Loss) on Sale of Investments	-1,390	-1,363	-523.81	-2,394	-	-
Insurance Settlements	-	-	0.71	0.41	-	-
Pretax Income	-1,097	-464.75	320.86	-1,527	1,015	69.07
Income Tax Expense	284.37	-182.88	-127.93	-283.65	5.23	-7.97
Net Income	-1,381	-281.88	448.79	-1,243	1,010	77.04
Net Income to Common	-1,381	-281.88	448.79	-1,243	1,010	77.04
Net Income Growth	-	-	-	-	1211.28%	-
Shares Outstanding (Basic)	1,205	1,167	1,179	1,180	1,180	-
Shares Outstanding (Diluted)	1,205	1,167	1,179	1,180	1,180	-
Shares Change (YoY)	5.62%	-1.05%	-0.07%	-0.00%	-	-
EPS (Basic)	-1.15	-0.24	0.38	-1.05	0.86	-
EPS (Diluted)	-1.15	-0.24	0.38	-1.05	0.86	-
Free Cash Flow	1,026	139.8	-494.08	-53.68	-828.26	-224.56
Free Cash Flow Per Share	0.85	0.12	-0.42	-0.04	-0.70	-
Dividend Per Share	-	-	-	0.009	0.059	-
Dividend Growth	-	-	-	-85.62%	-	-
Profit Margin	-113.26%	-24.84%	40.98%	-100.23%	198.53%	86.39%
Free Cash Flow Margin	84.15%	12.32%	-45.11%	-4.33%	-162.78%	-251.81%
EBITDA	334.35	358.84	512.58	665.88	237.14	75.43
EBITDA Margin	27.41%	31.62%	46.80%	53.67%	46.60%	84.58%
D&A For EBITDA	301.16	299.32	295.22	269.48	86.14	11.64
EBIT	33.19	59.51	217.36	396.4	151	63.79
EBIT Margin	2.72%	5.24%	19.85%	31.95%	29.68%	71.53%
Effective Tax Rate	-	-	-	-	0.52%	-

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