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	Mar '25 Mar 31, 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	1,145	1,135	1,095	1,241	508.83	89.18
Revenue Growth (YoY)	5.84%	3.60%	-11.72%	143.82%	470.57%	-
Operations & Maintenance	2.5	2.31	2.96	0.23	-	-
Selling, General & Admin	333.92	307.72	226.26	95.01	25.25	1.5
Other Operating Expenses	770.21	765.1	648.61	749.01	332.58	23.89
Total Operating Expenses	1,107	1,075	877.83	844.25	357.83	25.39
Operating Income	38.84	59.51	217.36	396.4	151	63.79
Interest Expense	-386.93	-376.62	-339.48	-146.88	-92.53	-0.03
Interest Income	-466.08	362.11	785.2	766.23	677.83	88.11
Net Interest Expense	-853	-14.51	445.72	619.35	585.3	88.07
Currency Exchange Gain (Loss)	-137.3	-222.52	-122.35	-668.21	273	-82.77
Other Non-Operating Income (Expenses)	1,018	1,076	303.23	519.29	6.13	-0.03
EBT Excluding Unusual Items	66.51	898.11	843.96	866.82	1,015	69.07
Gain (Loss) on Sale of Investments	-1,442	-1,363	-523.81	-2,394	-	-
Insurance Settlements	-	-	0.71	0.41	-	-
Pretax Income	-1,376	-464.75	320.86	-1,527	1,015	69.07
Income Tax Expense	176.96	-182.88	-127.93	-283.65	5.23	-7.97
Net Income	-1,553	-281.88	448.79	-1,243	1,010	77.04
Net Income to Common	-1,553	-281.88	448.79	-1,243	1,010	77.04
Net Income Growth	-	-	-	-	1211.28%	-
Shares Outstanding (Basic)	1,176	1,167	1,179	1,180	1,180	-
Shares Outstanding (Diluted)	1,176	1,167	1,179	1,180	1,180	-
Shares Change (YoY)	0.68%	-1.05%	-0.07%	-0.00%	-	-
EPS (Basic)	-1.32	-0.24	0.38	-1.05	0.86	-
EPS (Diluted)	-1.32	-0.24	0.38	-1.05	0.86	-
Free Cash Flow	48.37	139.8	-494.08	-53.68	-828.26	-224.56
Free Cash Flow Per Share	0.04	0.12	-0.42	-0.04	-0.70	-
Dividend Per Share	-	-	-	0.009	0.059	-
Dividend Growth	-	-	-	-85.62%	-	-
Profit Margin	-135.57%	-24.84%	40.98%	-100.23%	198.53%	86.39%
Free Cash Flow Margin	4.22%	12.32%	-45.11%	-4.33%	-162.78%	-251.81%
EBITDA	336.91	358.84	512.58	665.88	237.14	75.43
EBITDA Margin	29.41%	31.62%	46.80%	53.67%	46.60%	84.58%
D&A For EBITDA	298.07	299.32	295.22	269.48	86.14	11.64
EBIT	38.84	59.51	217.36	396.4	151	63.79
EBIT Margin	3.39%	5.24%	19.85%	31.95%	29.68%	71.53%
Effective Tax Rate	-	-	-	-	0.52%	-

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.