IST:MEGAP 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	8,793	15,931	5,900	2,950	564.71
Revenue Growth (YoY)	-44.80%	170.00%	99.98%	422.45%	56.82%
Cost of Revenue	8,453	14,723	4,810	2,531	518.67
Gross Profit	340.29	1,207	1,090	419.34	46.04
Selling, General & Admin	72.89	163.63	89.69	45.27	8.58
Other Operating Expenses	-0.4	25.3	6.04	-15.71	15.54
Operating Expenses	72.49	188.93	95.73	29.57	24.13
Operating Income	267.81	1,018	994.46	389.77	21.91
Interest Expense	-3.65	-366.66	-299.75	-140.13	-27.91
Interest & Investment Income	72.7	379.46	141.5	46.88	15.39
Currency Exchange Gain (Loss)	-4.29	-174.02	-152.4	0.17	4.38
Other Non Operating Income (Expenses)	-1,070	-234.47	-407.79	-208.48	-
EBT Excluding Unusual Items	-737.32	622.8	276.03	88.21	13.77
Pretax Income	-737.32	622.8	276.03	88.21	13.77
Income Tax Expense	-	-11.95	-80.62	6.84	-2.2
Net Income	-737.32	634.75	356.64	81.37	15.97
Net Income to Common	-737.32	634.75	356.64	81.37	15.97
Net Income Growth	-	77.98%	338.31%	409.58%	-20.34%
Shares Outstanding (Basic)	275	275	250	125	125
Shares Outstanding (Diluted)	275	275	250	125	125
Shares Change (YoY)	-	10.00%	100.00%	-	30.11%
EPS (Basic)	-2.68	2.31	1.43	0.65	0.13
EPS (Diluted)	-2.68	2.31	1.43	0.65	0.13
EPS Growth	-	61.80%	119.16%	409.58%	-38.77%
Free Cash Flow	-441.1	-17.77	-306.39	-116.11	-167.79
Free Cash Flow Per Share	-1.60	-0.07	-1.23	-0.93	-1.34
Gross Margin	3.87%	7.58%	18.48%	14.21%	8.15%
Operating Margin	3.05%	6.39%	16.86%	13.21%	3.88%
Profit Margin	-8.38%	3.98%	6.04%	2.76%	2.83%
Free Cash Flow Margin	-5.02%	-0.11%	-5.19%	-3.94%	-29.71%
EBITDA	1,044	1,089	1,057	421.83	25.37
EBITDA Margin	11.87%	6.84%	17.91%	14.30%	4.49%
D&A For EBITDA	775.85	70.75	62.1	32.06	3.45
EBIT	267.81	1,018	994.46	389.77	21.91
EBIT Margin	3.05%	6.39%	16.86%	13.21%	3.88%
Effective Tax Rate	-	-	-	7.75%	-

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