IST:MAKTK 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	1,067	1,189	847.3	439.79	123.8
Revenue Growth (YoY)	-10.25%	40.36%	92.66%	255.24%	44.96%
Cost of Revenue	689.38	660.2	619.57	308.73	72.55
Gross Profit	377.99	529.07	227.72	131.06	51.25
Selling, General & Admin	207.91	213.64	125.8	76.24	20.45
Other Operating Expenses	-1.83	-2.1	30.94	-2.96	-0.67
Operating Expenses	206.08	211.54	156.74	73.28	19.78
Operating Income	171.91	317.53	70.98	57.78	31.47
Interest Expense	-44.51	-14.84	-11.99	-22.74	-2.69
Interest & Investment Income	198.29	211.58	17.98	13.59	6.29
Currency Exchange Gain (Loss)	-9.79	-7.11	26.63	-6.54	-4.38
Other Non Operating Income (Expenses)	-216.46	-213.16	40.79	60.58	-
EBT Excluding Unusual Items	99.45	293.99	144.39	102.66	30.69
Legal Settlements	-	-	-	-43.87	-
Pretax Income	126.7	298.23	144.39	58.8	30.69
Income Tax Expense	155.85	20.63	-9.19	-14.17	7.07
Earnings From Continuing Operations	-29.16	277.6	153.58	72.97	23.62
Net Income	-29.16	277.6	153.58	72.97	23.62
Net Income to Common	-29.16	277.6	153.58	72.97	23.62
Net Income Growth	-	80.75%	110.48%	208.98%	263.48%
Shares Outstanding (Basic)	200	200	200	200	200
Shares Outstanding (Diluted)	200	200	200	200	200
EPS (Basic)	-0.15	1.39	0.77	0.36	0.12
EPS (Diluted)	-0.15	1.39	0.77	0.36	0.12
EPS Growth	-	80.75%	110.48%	208.98%	263.48%
Free Cash Flow	-28.09	-55.97	178.01	54.28	-36.4
Free Cash Flow Per Share	-0.14	-0.28	0.89	0.27	-0.18
Gross Margin	35.41%	44.49%	26.88%	29.80%	41.39%
Operating Margin	16.11%	26.70%	8.38%	13.14%	25.42%
Profit Margin	-2.73%	23.34%	18.13%	16.59%	19.08%
Free Cash Flow Margin	-2.63%	-4.71%	21.01%	12.34%	-29.40%
EBITDA	225.65	387.91	119.05	93.49	36.45
EBITDA Margin	21.14%	32.62%	14.05%	21.26%	29.44%
D&A For EBITDA	53.74	70.38	48.07	35.72	4.98
EBIT	171.91	317.53	70.98	57.78	31.47
EBIT Margin	16.11%	26.70%	8.38%	13.14%	25.42%
Effective Tax Rate	123.01%	6.92%	-	-	23.04%
Advertising Expenses	6.13	6.82	4.6	4.1	0.63

Source: S&P Global Market Intelligence. Standard template. Financial Sources.