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	Jun '25 Jun 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	19,763	17,936	11,727	8,840	4,292	2,082
Revenue Growth (YoY)	27.19%	52.94%	32.66%	105.97%	106.19%	-
Cost of Revenue	18,199	16,454	10,638	8,161	3,936	1,894
Gross Profit	1,564	1,481	1,089	679.27	356.09	187.52
Selling, General & Admin	1,117	874.16	458.01	230.96	119.24	73.98
Other Operating Expenses	25.75	-1.92	16.61	24.4	3.15	10.16
Operating Expenses	1,142	872.24	474.62	255.36	122.39	84.14
Operating Income	422.12	608.98	613.94	423.92	233.69	103.38
Interest Expense	-409.46	-447.57	-331.38	-155.78	-54.21	-14.78
Interest & Investment Income	1,315	674.74	173.61	156.02	22.27	28
Currency Exchange Gain (Loss)	-201.96	-506.48	-210.16	-276.08	-150.38	-52.73
EBT Excluding Unusual Items	1,126	329.67	246.01	148.08	51.37	63.87
Gain (Loss) on Sale of Investments	-21.63	-19.93	-50.21	-1.15	-1.2	-9.21
Asset Writedown	-	-	-	-	-0.05	-0.02
Other Unusual Items	-	-	57.61	-	-	-
Pretax Income	1,104	309.75	253.4	146.93	50.18	54.91
Income Tax Expense	150.04	-112.86	-46.72	65.24	45.89	10.81
Net Income	954.24	422.61	300.12	81.69	4.29	44.09
Net Income to Common	954.24	422.61	300.12	81.69	4.29	44.09
Net Income Growth	62.09%	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)	8.57%	17.78%	-	31.22%	60.71%	-
EPS (Basic)	3.60	1.59	1.33	0.36	0.03	0.41
EPS (Diluted)	3.60	1.59	1.33	0.36	0.03	0.41
EPS Growth	49.29%	19.56%	267.39%	1351.70%	-93.95%	-
Free Cash Flow	-496.06	-1,301	838.83	235.17	257.81	-6.04
Free Cash Flow Per Share	-1.87	-4.91	3.73	1.04	1.50	-0.06
Gross Margin	7.92%	8.26%	9.28%	7.68%	8.30%	9.01%
Operating Margin	2.14%	3.40%	5.24%	4.79%	5.45%	4.97%
Profit Margin	4.83%	2.36%	2.56%	0.92%	0.10%	2.12%
Free Cash Flow Margin	-2.51%	-7.25%	7.15%	2.66%	6.01%	-0.29%
EBITDA	879.41	935.74	831.38	543.19	305.71	153.77
EBITDA Margin	4.45%	5.22%	7.09%	6.14%	7.12%	7.39%
D&A For EBITDA	457.29	326.76	217.45	119.28	72.01	50.39
EBIT	422.12	608.98	613.94	423.92	233.69	103.38
EBIT Margin	2.14%	3.40%	5.24%	4.79%	5.45%	4.97%
Effective Tax Rate	13.59%	-	-	44.40%	91.45%	19.69%

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