IST:MANAS Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	363.48	397.6	269.47	96.38	53.99
Revenue Growth (YoY)	-8.58%	47.55%	179.58%	78.52%	-
Cost of Revenue	149.12	183.44	162.03	59.92	32.58
Gross Profit	214.36	214.16	107.44	36.46	21.41
Selling, General & Admin	122.48	106.39	50.28	15.53	10.46
Research & Development	8.04	6.01	2.9	0.86	0.35
Other Operating Expenses	3.64	-8.42	5.13	0.05	0.28
Operating Expenses	135	104.82	58.31	16.44	11.09
Operating Income	79.36	109.34	49.13	20.02	10.32
Interest Expense	-196.84	-68.66	-17.64	-7.49	-5.27
Interest & Investment Income	10.64	16.85	2.75	1.33	0.43
Earnings From Equity Investments	-0.53	-0.12	-	-	-
Currency Exchange Gain (Loss)	15.16	-14.96	1.97	-4.51	-4.09
Other Non Operating Income (Expenses)	0.93	-18.21	-55.54	-	-
EBT Excluding Unusual Items	-91.29	24.24	-19.32	9.35	1.38
Gain (Loss) on Sale of Investments	-16.15	-7.12	-0.67	-3.38	-
Gain (Loss) on Sale of Assets	-	-	-	-	0.1
Pretax Income	-107.44	17.12	-20	5.97	1.49
Income Tax Expense	5.6	-39.77	19.4	1.86	-0.07
Net Income	-113.04	56.89	-39.4	4.11	1.56
Net Income to Common	-113.04	56.89	-39.4	4.11	1.56
Net Income Growth	-	-	-	164.12%	-
Shares Outstanding (Basic)	92	80	83	83	-
Shares Outstanding (Diluted)	92	80	83	83	-
Shares Change (YoY)	14.80%	-3.34%	-	-	-
EPS (Basic)	-1.23	0.71	-0.48	0.05	-
EPS (Diluted)	-1.23	0.71	-0.48	0.05	-
Free Cash Flow	-85.8	-83.96	-116.61	-39.25	-9.56
Free Cash Flow Per Share	-0.93	-1.05	-1.41	-0.47	-
Gross Margin	58.97%	53.86%	39.87%	37.83%	39.65%
Operating Margin	21.83%	27.50%	18.23%	20.77%	19.11%
Profit Margin	-31.10%	14.31%	-14.62%	4.26%	2.88%
Free Cash Flow Margin	-23.61%	-21.12%	-43.27%	-40.72%	-17.71%
EBITDA	105.55	129.76	59.6	21.03	11.22
EBITDA Margin	29.04%	32.64%	22.12%	21.82%	20.79%
D&A For EBITDA	26.19	20.43	10.48	1.01	0.9
EBIT	79.36	109.34	49.13	20.02	10.32
EBIT Margin	21.83%	27.50%	18.23%	20.77%	19.11%
Effective Tax Rate	-	-	-	31.17%	-
Advertising Expenses	1.43	1.58	0.45	0.14	0.04

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