IST:MAKTK 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	822.86	908.59	847.3	439.79	123.8	85.4
Revenue Growth (YoY)	-23.28%	7.23%	92.66%	255.24%	44.96%	6.07%
Cost of Revenue	382.54	504.39	619.57	308.73	72.55	61.09
Gross Profit	440.33	404.21	227.72	131.06	51.25	24.31
Selling, General & Admin	172.87	163.22	125.8	76.24	20.45	12.85
Other Operating Expenses	15.69	6.66	30.94	-2.96	-0.67	0.35
Operating Expenses	188.56	169.88	156.74	73.28	19.78	13.2
Operating Income	251.77	234.33	70.98	57.78	31.47	11.11
Interest Expense	-3.88	-11.34	-11.99	-22.74	-2.69	-1.42
Interest & Investment Income	194.79	161.64	17.98	13.59	6.29	2.54
Currency Exchange Gain (Loss)	6.06	6.06	26.63	-6.54	-4.38	-2.04
Other Non Operating Income (Expenses)	-142.46	-162.85	40.79	60.58	-	-
EBT Excluding Unusual Items	306.28	227.84	144.39	102.66	30.69	10.2
Legal Settlements	-	-	-	-43.87	-	-
Other Unusual Items	-	-	-	-	-	-2.01
Pretax Income	306.28	227.84	144.39	58.8	30.69	8.48
Income Tax Expense	5.26	15.76	-9.19	-14.17	7.07	1.99
Earnings From Continuing Operations	301.02	212.08	153.58	72.97	23.62	6.5
Net Income	301.02	212.08	153.58	72.97	23.62	6.5
Net Income to Common	301.02	212.08	153.58	72.97	23.62	6.5
Net Income Growth	203.43%	38.09%	110.48%	208.98%	263.48%	-38.66%
Shares Outstanding (Basic)	200	200	200	200	200	200
Shares Outstanding (Diluted)	200	200	200	200	200	200
EPS (Basic)	1.51	1.06	0.77	0.36	0.12	0.03
EPS (Diluted)	1.51	1.06	0.77	0.36	0.12	0.03
EPS Growth	203.43%	38.09%	110.48%	208.98%	263.48%	-38.66%
Free Cash Flow	18.5	-42.76	178.01	54.28	-36.4	6.39
Free Cash Flow Per Share	0.09	-0.21	0.89	0.27	-0.18	0.03
Gross Margin	53.51%	44.49%	26.88%	29.80%	41.39%	28.47%
Operating Margin	30.60%	25.79%	8.38%	13.14%	25.42%	13.01%
Profit Margin	36.58%	23.34%	18.13%	16.59%	19.08%	7.61%
Free Cash Flow Margin	2.25%	-4.71%	21.01%	12.34%	-29.40%	7.48%
EBITDA	296.06	288.1	119.05	93.49	36.45	16.78
EBITDA Margin	35.98%	31.71%	14.05%	21.26%	29.44%	19.64%
D&A For EBITDA	44.29	53.77	48.07	35.72	4.98	5.66
EBIT	251.77	234.33	70.98	57.78	31.47	11.11
EBIT Margin	30.60%	25.79%	8.38%	13.14%	25.42%	13.01%
Effective Tax Rate	1.72%	6.92%	-	-	23.04%	23.42%
Advertising Expenses	-	5.21	4.6	4.1	0.63	0.5

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