Mavi Giyim Sanayi ve Ticaret A.S. (IST:MAVI)

IST:MAVI Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr 30, 2025	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Revenue	36,891	38,519	37,368	21,038	4,619	2,402
Revenue Growth (YoY)	-10.61%	3.08%	77.62%	355.43%	92.33%	-16.11%
Cost of Revenue	18,401	19,148	19,356	10,680	2,248	1,242
Gross Profit	18,489	19,371	18,011	10,358	2,372	1,160
Selling, General & Admin	14,062	14,206	12,984	7,516	1,669	1,053
Research & Development	538.24	500.11	417.21	179.05	45.07	33.67
Other Operating Expenses	-190.32	-132.35	-192.72	-8.58	-10.73	-7.83
Operating Expenses	14,410	14,573	13,208	7,687	1,703	1,079
Operating Income	4,079	4,798	4,803	2,671	668.77	80.83
Interest Expense	-2,209	-2,404	-2,029	-965.62	-242.79	-186.51
Interest & Investment Income	1,787	1,900	1,548	612.27	89.72	64.07
Currency Exchange Gain (Loss)	-39.69	-5.85	151.87	81.89	17.12	-10.38
Other Non Operating Income (Expenses)	-827.91	-613.23	-676.92	-8.08	-55.78	-35.61
EBT Excluding Unusual Items	2,789	3,675	3,797	2,391	477.05	-87.6
Gain (Loss) on Sale of Investments	-9.9	-4.85	-3.44	-1.45	-0.01	-1.41
Other Unusual Items	-	-	-	12.19	61.98	101.49
Pretax Income	2,779	3,670	3,794	2,402	539.02	12.48
Income Tax Expense	631.22	995.28	1,297	475.02	116	4.43
Earnings From Continuing Operations	2,148	2,675	2,497	1,927	423.02	8.04
Minority Interest in Earnings	89.43	49.35	38.52	-21.49	-22.58	-3.46
Net Income	2,238	2,724	2,535	1,906	400.44	4.58
Net Income to Common	2,238	2,724	2,535	1,906	400.44	4.58
Net Income Growth	-34.22%	7.44%	33.03%	375.90%	8637.53%	-95.17%
Shares Outstanding (Basic)	795	795	795	795	795	795
Shares Outstanding (Diluted)	795	795	795	795	795	795
EPS (Basic)	2.82	3.43	3.19	2.40	0.50	0.01
EPS (Diluted)	2.82	3.43	3.19	2.40	0.50	0.01
EPS Growth	-34.22%	7.44%	33.03%	375.90%	8638.00%	-95.17%
Free Cash Flow	3,566	5,114	5,799	2,458	1,240	310.34
Free Cash Flow Per Share	4.49	6.44	7.30	3.09	1.56	0.39
Dividend Per Share	0.586	0.586	1.063	0.541	0.152	0.038
Dividend Growth	-44.90%	-44.90%	96.73%	255.89%	298.69%	-
Gross Margin	50.12%	50.29%	48.20%	49.23%	51.34%	48.30%
Operating Margin	11.06%	12.46%	12.85%	12.70%	14.48%	3.36%
Profit Margin	6.07%	7.07%	6.78%	9.06%	8.67%	0.19%
Free Cash Flow Margin	9.67%	13.28%	15.52%	11.69%	26.84%	12.92%
EBITDA	4,792	5,480	5,427	3,098	755.02	156.87
EBITDA Margin	12.99%	14.23%	14.52%	14.72%	16.35%	6.53%
D&A For EBITDA	712.51	682.12	623.95	426.81	86.25	76.04
EBIT	4,079	4,798	4,803	2,671	668.77	80.83
EBIT Margin	11.06%	12.46%	12.85%	12.70%	14.48%	3.36%
Effective Tax Rate	22.71%	27.12%	34.19%	19.77%	21.52%	35.54%
Advertising Expenses	-	551.65	455.35	291.13	77.23	44.4

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