IST:MARBL 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	2,533	2,392	1,656	1,163	537.04	311.49
Revenue Growth (YoY)	32.83%	44.47%	42.37%	116.54%	72.41%	-
Cost of Revenue	1,573	1,454	957.52	668	315.63	193.91
Gross Profit	959.78	937.68	698.11	494.92	221.41	117.59
Selling, General & Admin	814.08	773.16	514.48	347.99	170.81	118.27
Other Operating Expenses	34.96	43.39	35.84	5.5	2.3	-8.85
Operating Expenses	849.04	816.56	550.32	353.49	173.12	109.42
Operating Income	110.74	121.12	147.79	141.43	48.29	8.16
Interest Expense	-31.2	-71.15	-64.25	-30.42	-15.6	-13.48
Interest & Investment Income	73.01	72.58	37.42	25.49	5.99	1.5
Earnings From Equity Investments	19.8	10.38	6.63	4	0.83	2.68
Currency Exchange Gain (Loss)	-35.66	-35.66	3.29	-20.08	13.59	3.72
Other Non Operating Income (Expenses)	-76.04	-27.53	-17.92	-12.06	-5.91	-3.34
EBT Excluding Unusual Items	60.65	69.74	112.96	108.35	47.2	-0.76
Gain (Loss) on Sale of Investments	-3.16	-2.06	-0.52	-5.96	-0.42	-0.48
Legal Settlements	-	-	-0.03	-0.35	0.21	-
Pretax Income	57.5	67.68	112.41	102.04	47	-1.24
Income Tax Expense	-36.94	-45.26	-16.63	5.33	18.39	1.89
Earnings From Continuing Operations	94.44	112.94	129.04	96.71	28.61	-3.13
Minority Interest in Earnings	0.37	0.32	-	-43.12	-18.43	-3.54
Net Income	94.81	113.26	129.04	53.59	10.18	-6.67
Net Income to Common	94.81	113.26	129.04	53.59	10.18	-6.67
Net Income Growth	-49.06%	-12.23%	140.79%	426.62%	-	-
Shares Outstanding (Basic)	-	229	188	33	4	4
Shares Outstanding (Diluted)	-	229	188	33	4	4
Shares Change (YoY)	-	21.53%	470.00%	816.67%	-	-
EPS (Basic)	-	0.50	0.69	1.62	2.83	-1.85
EPS (Diluted)	-	0.50	0.69	1.62	2.83	-1.85
EPS Growth	-	-27.78%	-57.76%	-42.55%	-	-
Free Cash Flow	-1.39	-123.11	59.26	102.78	49.26	14.68
Free Cash Flow Per Share	-	-0.54	0.32	3.12	13.68	4.08
Dividend Per Share	-	-	0.056	-	-	-
Gross Margin	37.89%	39.20%	42.17%	42.56%	41.23%	37.75%
Operating Margin	4.37%	5.06%	8.93%	12.16%	8.99%	2.62%
Profit Margin	3.74%	4.74%	7.79%	4.61%	1.90%	-2.14%
Free Cash Flow Margin	-0.06%	-5.15%	3.58%	8.84%	9.17%	4.71%
EBITDA	198.77	191.54	187.51	166.72	61.71	19.33
EBITDA Margin	7.85%	8.01%	11.33%	14.34%	11.49%	6.21%
D&A For EBITDA	88.03	70.42	39.72	25.29	13.42	11.17
EBIT	110.74	121.12	147.79	141.43	48.29	8.16
EBIT Margin	4.37%	5.06%	8.93%	12.16%	8.99%	2.62%
Effective Tax Rate	-	-	-	5.22%	39.13%	-
Advertising Expenses	-	63.3	44.74	-	-	-

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