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 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Oct 31, 2024	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020
Revenue	27,441	26,293	21,038	4,619	2,402	2,863
Revenue Growth (YoY)	-30.77%	24.98%	355.43%	92.33%	-16.11%	21.68%
Cost of Revenue	13,576	13,620	10,680	2,248	1,242	1,458
Gross Profit	13,865	12,674	10,358	2,372	1,160	1,405
Selling, General & Admin	10,236	9,136	7,516	1,669	1,053	1,019
Research & Development	385.23	293.57	179.05	45.07	33.67	25.86
Other Operating Expenses	-65.06	-106.52	-8.58	-10.73	-7.83	-5.12
Operating Expenses	10,556	9,323	7,687	1,703	1,079	1,040
Operating Income	3,308	3,351	2,671	668.77	80.83	364.74
Interest Expense	-1,888	-1,428	-965.62	-242.79	-186.51	-206.46
Interest & Investment Income	1,598	1,118	612.27	89.72	64.07	6.36
Currency Exchange Gain (Loss)	12.11	106.85	81.89	17.12	-10.38	-0.95
Other Non Operating Income (Expenses)	-569.8	-476.3	-8.08	-55.78	-35.61	-25.45
EBT Excluding Unusual Items	2,461	2,672	2,391	477.05	-87.6	138.23
Gain (Loss) on Sale of Investments	-9.21	-2.42	-1.45	-0.01	-1.41	-0.91
Other Unusual Items	-	-	12.19	61.98	101.49	0.21
Pretax Income	2,452	2,669	2,402	539.02	12.48	137.53
Income Tax Expense	596.46	912.69	475.02	116	4.43	29.64
Earnings From Continuing Operations	1,855	1,757	1,927	423.02	8.04	107.89
Minority Interest in Earnings	53.02	27.1	-21.49	-22.58	-3.46	-13.04
Net Income	1,909	1,784	1,906	400.44	4.58	94.84
Net Income to Common	1,909	1,784	1,906	400.44	4.58	94.84
Net Income Growth	-37.64%	-6.39%	375.90%	8637.53%	-95.17%	3.64%
Shares Outstanding (Basic)	397	397	397	397	397	397
Shares Outstanding (Diluted)	397	397	397	397	397	397
EPS (Basic)	4.80	4.49	4.80	1.01	0.01	0.24
EPS (Diluted)	4.80	4.49	4.80	1.01	0.01	0.24
EPS Growth	-37.64%	-6.39%	375.90%	8638.01%	-95.17%	3.64%
Free Cash Flow	2,994	3,798	2,458	1,240	310.34	523.43
Free Cash Flow Per Share	7.54	9.56	6.19	3.12	0.78	1.32
Dividend Per Share	2.127	2.127	1.081	0.304	0.076	-
Dividend Growth	96.74%	96.74%	255.86%	298.17%	-	-
Gross Margin	50.53%	48.20%	49.23%	51.34%	48.30%	49.06%
Operating Margin	12.06%	12.74%	12.70%	14.48%	3.37%	12.74%
Profit Margin	6.95%	6.78%	9.06%	8.67%	0.19%	3.31%
Free Cash Flow Margin	10.91%	14.45%	11.69%	26.84%	12.92%	18.28%
EBITDA	3,813	3,790	3,098	755.02	156.87	437.28
EBITDA Margin	13.89%	14.41%	14.72%	16.34%	6.53%	15.27%
D&A For EBITDA	504.37	439.04	426.81	86.25	76.04	72.54
EBIT	3,308	3,351	2,671	668.77	80.83	364.74
EBIT Margin	12.06%	12.74%	12.70%	14.48%	3.37%	12.74%
Effective Tax Rate	24.33%	34.19%	19.77%	21.52%	35.54%	21.55%
Advertising Expenses	-	320.41	291.13	77.23	44.4	42.18

Source: S&P Capital IQ. Standard template. Financial Sources.