IST:MARKA 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	112.57	203.37	48.26	38.64	14.81
Revenue Growth (YoY)	-44.65%	321.45%	24.90%	160.88%	19.18%
Cost of Revenue	64.59	67.93	43.42	21.1	11.46
Gross Profit	47.98	135.44	4.83	17.53	3.35
Selling, General & Admin	27.17	17.3	14.12	11.98	5.11
Other Operating Expenses	53.8	-0.48	5.34	-8.44	5.27
Operating Expenses	80.96	16.82	19.46	3.54	10.38
Operating Income	-32.98	118.62	-14.63	13.99	-7.03
Interest Expense	-0.14	-	-0.04	-0.1	-0.26
Interest & Investment Income	119.72	7.27	0.4	3.9	0.2
Earnings From Equity Investments	-2.11	0.14	1.21	-0.63	0.23
Currency Exchange Gain (Loss)	-	-	-	-	-0.01
Other Non Operating Income (Expenses)	-9.05	-41.31	-6.34	16.69	-
EBT Excluding Unusual Items	75.44	84.72	-19.4	33.84	-6.87
Gain (Loss) on Sale of Investments	-	-	-	-0.49	-
Legal Settlements	-	8	0.03	-	-
Pretax Income	75.44	92.72	-19.37	33.35	-6.87
Income Tax Expense	13.62	5.36	-2.85	5.12	-1.23
Earnings From Continuing Operations	61.82	87.36	-16.52	28.23	-5.64
Net Income to Company	61.82	87.36	-16.52	28.23	-5.64
Minority Interest in Earnings	0.44	0.05	0.1	0.41	0.56
Net Income	62.26	87.41	-16.42	28.64	-5.08
Net Income to Common	62.26	87.41	-16.42	28.64	-5.08
Net Income Growth	-28.77%	-	-	-	-
Shares Outstanding (Basic)	21	21	21	21	21
Shares Outstanding (Diluted)	21	21	21	21	21
Shares Change (YoY)	0.55%	-	-	-	-
EPS (Basic)	2.95	4.16	-0.78	1.36	-0.24
EPS (Diluted)	2.95	4.16	-0.78	1.36	-0.24
EPS Growth	-29.16%	-	-	-	-
Free Cash Flow	-1.49	-0.79	-0.6	-11.54	-6.36
Free Cash Flow Per Share	-0.07	-0.04	-0.03	-0.55	-0.30
Gross Margin	42.62%	66.60%	10.01%	45.38%	22.63%
Operating Margin	-29.30%	58.33%	-30.32%	36.21%	-47.44%
Profit Margin	55.31%	42.98%	-34.03%	74.14%	-34.29%
Free Cash Flow Margin	-1.33%	-0.39%	-1.25%	-29.86%	-42.97%
EBITDA	-29.59	120.64	-13.78	14.9	-6.77
EBITDA Margin	-26.29%	59.32%	-28.56%	38.57%	-45.71%
D&A For EBITDA	3.39	2.03	0.85	0.91	0.26
EBIT	-32.98	118.62	-14.63	13.99	-7.03
EBIT Margin	-29.30%	58.33%	-30.32%	36.21%	-47.44%
Effective Tax Rate	18.05%	5.79%	-	15.35%	-
Advertising Expenses	-	0.01	2.82	0.95	-

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