IST:MEGMT 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	21,000	17,936	11,727	8,840	4,292	2,082
Revenue Growth (YoY)	23.05%	52.94%	32.66%	105.97%	106.19%	-
Cost of Revenue	19,343	16,454	10,638	8,161	3,936	1,894
Gross Profit	1,656	1,481	1,089	679.27	356.09	187.52
Selling, General & Admin	1,215	874.16	458.01	230.96	119.24	73.98
Other Operating Expenses	1.6	-1.92	16.61	24.4	3.15	10.16
Operating Expenses	1,217	872.24	474.62	255.36	122.39	84.14
Operating Income	439.83	608.98	613.94	423.92	233.69	103.38
Interest Expense	-18.47	-447.57	-331.38	-155.78	-54.21	-14.78
Interest & Investment Income	628.9	674.74	173.61	156.02	22.27	28
Currency Exchange Gain (Loss)	33.58	-506.48	-210.16	-276.08	-150.38	-52.73
EBT Excluding Unusual Items	1,084	329.67	246.01	148.08	51.37	63.87
Gain (Loss) on Sale of Investments	-23.21	-19.93	-50.21	-1.15	-1.2	-9.21
Asset Writedown	-	-	-	-	-0.05	-0.02
Other Unusual Items	-	-	57.61	-	-	-
Pretax Income	1,061	309.75	253.4	146.93	50.18	54.91
Income Tax Expense	-109.91	-112.86	-46.72	65.24	45.89	10.81
Net Income	1,171	422.61	300.12	81.69	4.29	44.09
Net Income to Common	1,171	422.61	300.12	81.69	4.29	44.09
Net Income Growth	130.65%	40.81%	267.39%	1804.82%	-90.27%	-
Shares Outstanding (Basic)	265	265	225	225	171	107
Shares Outstanding (Diluted)	265	265	225	225	171	107
Shares Change (YoY)	4.26%	17.78%	-	31.22%	60.71%	-
EPS (Basic)	4.41	1.59	1.33	0.36	0.03	0.41
EPS (Diluted)	4.41	1.59	1.33	0.36	0.03	0.41
EPS Growth	121.22%	19.56%	267.39%	1351.70%	-93.95%	-
Free Cash Flow	-951.75	-1,301	838.83	235.17	257.81	-6.04
Free Cash Flow Per Share	-3.59	-4.91	3.73	1.04	1.50	-0.06
Gross Margin	7.89%	8.26%	9.28%	7.68%	8.30%	9.01%
Operating Margin	2.09%	3.40%	5.24%	4.79%	5.45%	4.97%
Profit Margin	5.57%	2.36%	2.56%	0.92%	0.10%	2.12%
Free Cash Flow Margin	-4.53%	-7.25%	7.15%	2.66%	6.01%	-0.29%
EBITDA	851.61	935.74	831.38	543.19	305.71	153.77
EBITDA Margin	4.06%	5.22%	7.09%	6.14%	7.12%	7.39%
D&A For EBITDA	411.78	326.76	217.45	119.28	72.01	50.39
EBIT	439.83	608.98	613.94	423.92	233.69	103.38
EBIT Margin	2.09%	3.40%	5.24%	4.79%	5.45%	4.97%
Effective Tax Rate	-	-	-	44.40%	91.45%	19.69%

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