IST:MEGAP 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	Sep '25 Sep 30, 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	10,610	12,171	5,900	2,950	564.71	360.11
Revenue Growth (YoY)	-6.13%	106.28%	99.98%	422.45%	56.82%	112.63%
Cost of Revenue	9,984	11,248	4,810	2,531	518.67	343.44
Gross Profit	626.25	922.44	1,090	419.34	46.04	16.67
Selling, General & Admin	74.3	125.01	89.69	45.27	8.58	3.14
Other Operating Expenses	75.55	19.52	6.04	-15.71	15.54	3.45
Operating Expenses	149.85	144.53	95.73	29.57	24.13	6.59
Operating Income	476.4	777.92	994.46	389.77	21.91	10.08
Interest Expense	-49.48	-280.12	-299.75	-140.13	-27.91	-8.85
Interest & Investment Income	38.51	289.9	141.5	46.88	15.39	5.79
Currency Exchange Gain (Loss)	20.76	-132.95	-152.4	0.17	4.38	5.03
Other Non Operating Income (Expenses)	-12.46	-178.94	-407.79	-208.48	-	-
EBT Excluding Unusual Items	473.72	475.81	276.03	88.21	13.77	12.05
Gain (Loss) on Sale of Investments	-	-	-	-	-	-0
Gain (Loss) on Sale of Assets	-	-	-	-	-	9.24
Pretax Income	473.72	475.81	276.03	88.21	13.77	21.28
Income Tax Expense	27.96	-9.13	-80.62	6.84	-2.2	1.24
Net Income	445.76	484.94	356.64	81.37	15.97	20.04
Net Income to Common	445.76	484.94	356.64	81.37	15.97	20.04
Net Income Growth	103.73%	35.97%	338.31%	409.58%	-20.34%	197.09%
Shares Outstanding (Basic)	275	275	250	125	125	96
Shares Outstanding (Diluted)	275	275	250	125	125	96
Shares Change (YoY)	2.33%	10.00%	100.00%	-	30.11%	100.00%
EPS (Basic)	1.62	1.76	1.43	0.65	0.13	0.21
EPS (Diluted)	1.61	1.76	1.43	0.65	0.13	0.21
EPS Growth	97.75%	23.37%	119.16%	409.58%	-38.77%	48.55%
Free Cash Flow	-20.26	-13.57	-306.39	-116.11	-167.79	-43.61
Free Cash Flow Per Share	-0.07	-0.05	-1.23	-0.93	-1.34	-0.45
Gross Margin	5.90%	7.58%	18.48%	14.21%	8.15%	4.63%
Operating Margin	4.49%	6.39%	16.86%	13.21%	3.88%	2.80%
Profit Margin	4.20%	3.98%	6.04%	2.76%	2.83%	5.57%
Free Cash Flow Margin	-0.19%	-0.11%	-5.19%	-3.94%	-29.71%	-12.11%
EBITDA	642.92	831.97	1,057	421.83	25.37	11.15
EBITDA Margin	6.06%	6.84%	17.91%	14.30%	4.49%	3.09%
D&A For EBITDA	166.52	54.05	62.1	32.06	3.45	1.06
EBIT	476.4	777.92	994.46	389.77	21.91	10.08
EBIT Margin	4.49%	6.39%	16.86%	13.21%	3.88%	2.80%
Effective Tax Rate	5.90%	-	-	7.75%	-	5.82%

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