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

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	Jul 31, 2024	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020
Revenue	27,231	26,293	21,038	4,619	2,402	2,863
Revenue Growth (YoY)	-15.89%	24.98%	355.43%	92.33%	-16.11%	21.68%
Cost of Revenue	13,404	13,620	10,680	2,248	1,242	1,458
Gross Profit	13,826	12,674	10,358	2,372	1,160	1,405
Selling, General & Admin	9,828	9,136	7,516	1,669	1,053	1,019
Research & Development	341.66	293.57	179.05	45.07	33.67	25.86
Other Operating Expenses	-72.03	-106.52	-8.58	-10.73	-7.83	-5.12
Operating Expenses	10,097	9,323	7,687	1,703	1,079	1,040
Operating Income	3,729	3,351	2,671	668.77	80.83	364.74
Interest Expense	-1,846	-1,428	-965.62	-242.79	-186.51	-206.46
Interest & Investment Income	1,599	1,118	612.27	89.72	64.07	6.36
Currency Exchange Gain (Loss)	69.97	106.85	81.89	17.12	-10.38	-0.95
Other Non Operating Income (Expenses)	-508.59	-476.3	-8.08	-55.78	-35.61	-25.45
EBT Excluding Unusual Items	3,043	2,672	2,391	477.05	-87.6	138.23
Gain (Loss) on Sale of Investments	-5.96	-2.42	-1.45	-0.01	-1.41	-0.91
Other Unusual Items	-	-	12.19	61.98	101.49	0.21
Pretax Income	3,037	2,669	2,402	539.02	12.48	137.53
Income Tax Expense	928.64	912.69	475.02	116	4.43	29.64
Earnings From Continuing Operations	2,108	1,757	1,927	423.02	8.04	107.89
Minority Interest in Earnings	33.13	27.1	-21.49	-22.58	-3.46	-13.04
Net Income	2,142	1,784	1,906	400.44	4.58	94.84
Net Income to Common	2,142	1,784	1,906	400.44	4.58	94.84
Net Income Growth	-10.95%	-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)	5.39	4.49	4.80	1.01	0.01	0.24
EPS (Diluted)	5.39	4.49	4.80	1.01	0.01	0.24
EPS Growth	-10.95%	-6.39%	375.90%	8638.01%	-95.17%	3.64%
Free Cash Flow	4,832	3,798	2,458	1,240	310.34	523.43
Free Cash Flow Per Share	12.16	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	50.77%	48.20%	49.23%	51.34%	48.30%	49.06%
Operating Margin	13.69%	12.74%	12.70%	14.48%	3.37%	12.74%
Profit Margin	7.86%	6.78%	9.06%	8.67%	0.19%	3.31%
Free Cash Flow Margin	17.74%	14.45%	11.69%	26.84%	12.92%	18.28%
EBITDA	4,211	3,790	3,098	755.02	156.87	437.28
EBITDA Margin	15.47%	14.41%	14.72%	16.34%	6.53%	15.27%
D&A For EBITDA	482.56	439.04	426.81	86.25	76.04	72.54
EBIT	3,729	3,351	2,671	668.77	80.83	364.74
EBIT Margin	13.69%	12.74%	12.70%	14.48%	3.37%	12.74%
Effective Tax Rate	30.58%	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.