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	Sep '25 Sep 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	1,338	1,135	1,095	1,241	508.83	89.18
Revenue Growth (YoY)	7.87%	3.60%	-11.72%	143.82%	470.57%	-
Operations & Maintenance	2.31	2.31	2.96	0.23	-	-
Selling, General & Admin	362.09	307.72	226.26	95.01	25.25	1.5
Other Operating Expenses	942.5	765.1	648.61	749.01	332.58	23.89
Total Operating Expenses	1,307	1,075	877.83	844.25	357.83	25.39
Operating Income	31.18	59.51	217.36	396.4	151	63.79
Interest Expense	-529.3	-376.62	-339.48	-146.88	-92.53	-0.03
Interest Income	288.2	362.11	785.2	766.23	677.83	88.11
Net Interest Expense	-241.09	-14.51	445.72	619.35	585.3	88.07
Currency Exchange Gain (Loss)	-237.03	-222.52	-122.35	-668.21	273	-82.77
Other Non-Operating Income (Expenses)	987.6	1,076	303.23	519.29	6.13	-0.03
EBT Excluding Unusual Items	540.66	898.11	843.96	866.82	1,015	69.07
Gain (Loss) on Sale of Investments	-1,370	-1,363	-523.81	-2,394	-	-
Insurance Settlements	-	-	0.71	0.41	-	-
Pretax Income	-829.03	-464.75	320.86	-1,527	1,015	69.07
Income Tax Expense	342.61	-182.88	-127.93	-283.65	5.23	-7.97
Net Income	-1,172	-281.88	448.79	-1,243	1,010	77.04
Net Income to Common	-1,172	-281.88	448.79	-1,243	1,010	77.04
Net Income Growth	-	-	-	-	1211.28%	-
Shares Outstanding (Basic)	3,060	2,917	2,948	2,950	2,950	-
Shares Outstanding (Diluted)	3,060	2,917	2,948	2,950	2,950	-
Shares Change (YoY)	9.12%	-1.05%	-0.07%	-0.00%	-	-
EPS (Basic)	-0.38	-0.10	0.15	-0.42	0.34	-
EPS (Diluted)	-0.38	-0.10	0.15	-0.42	0.34	-
Free Cash Flow	487.74	139.8	-494.08	-53.68	-828.26	-224.56
Free Cash Flow Per Share	0.16	0.05	-0.17	-0.02	-0.28	-
Dividend Per Share	-	-	-	0.003	0.024	-
Dividend Growth	-	-	-	-85.59%	-	-
Profit Margin	-87.56%	-24.84%	40.98%	-100.23%	198.53%	86.39%
Free Cash Flow Margin	36.45%	12.32%	-45.11%	-4.33%	-162.78%	-251.81%
EBITDA	381.74	358.84	512.58	665.88	237.14	75.43
EBITDA Margin	28.53%	31.62%	46.80%	53.67%	46.60%	84.58%
D&A For EBITDA	350.56	299.32	295.22	269.48	86.14	11.64
EBIT	31.18	59.51	217.36	396.4	151	63.79
EBIT Margin	2.33%	5.24%	19.85%	31.95%	29.68%	71.53%
Effective Tax Rate	-	-	-	-	0.52%	-

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