IST:MAGEN Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,375	1,485	1,095	1,241	508.83
Revenue Growth (YoY)	-7.38%	35.61%	-11.72%	143.82%	470.57%
Operations & Maintenance	-	-	2.96	0.23	-
Selling, General & Admin	286.99	389.86	226.26	95.01	25.25
Other Operating Expenses	1,014	1,003	648.61	749.01	332.58
Total Operating Expenses	1,301	1,393	877.83	844.25	357.83
Operating Income	74.81	91.81	217.36	396.4	151
Interest Expense	-607.83	-482.57	-339.48	-146.88	-92.53
Interest Income	935.38	473.98	785.2	766.23	677.83
Net Interest Expense	327.55	-8.59	445.72	619.35	585.3
Currency Exchange Gain (Loss)	-438.76	-305.18	-122.35	-668.21	273
Other Non-Operating Income (Expenses)	1,186	1,398	303.23	519.29	6.13
EBT Excluding Unusual Items	1,149	1,176	843.96	866.82	1,015
Gain (Loss) on Sale of Investments	-2,486	-1,784	-523.81	-2,394	-
Insurance Settlements	-	-	0.71	0.41	-
Legal Settlements	-0.51	-	-	-	-
Pretax Income	-1,337	-608.33	320.86	-1,527	1,015
Income Tax Expense	278.93	-239.37	-127.93	-283.65	5.23
Earnings From Continuing Ops.	-1,616	-368.95	448.79	-1,243	1,010
Minority Interest in Earnings	0.12	-	-	-	-
Net Income	-1,616	-368.95	448.79	-1,243	1,010
Net Income to Common	-1,616	-368.95	448.79	-1,243	1,010
Net Income Growth	-	-	-	-	1211.28%
Shares Outstanding (Basic)	2,943	2,917	2,948	2,950	2,950
Shares Outstanding (Diluted)	2,943	2,917	2,948	2,950	2,950
Shares Change (YoY)	0.90%	-1.05%	-0.07%	-0.00%	-
EPS (Basic)	-0.55	-0.13	0.15	-0.42	0.34
EPS (Diluted)	-0.55	-0.13	0.15	-0.42	0.34
Free Cash Flow	690.22	182.99	-494.08	-53.68	-828.26
Free Cash Flow Per Share	0.23	0.06	-0.17	-0.02	-0.28
Dividend Per Share	-	-	-	0.003	0.024
Dividend Growth	-	-	-	-85.59%	-
Profit Margin	-117.47%	-24.84%	40.98%	-100.23%	198.53%
Free Cash Flow Margin	50.18%	12.32%	-45.11%	-4.33%	-162.78%
EBITDA	507.08	483.6	512.58	665.88	237.14
EBITDA Margin	36.86%	32.56%	46.80%	53.67%	46.60%
D&A For EBITDA	432.26	391.79	295.22	269.48	86.14
EBIT	74.81	91.81	217.36	396.4	151
EBIT Margin	5.44%	6.18%	19.85%	31.95%	29.68%
Effective Tax Rate	-	-	-	-	0.52%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.