IST:MEGMT 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	23,016	17,936	11,727	8,840	4,292
Revenue Growth (YoY)	28.32%	52.94%	32.66%	105.97%	106.19%
Cost of Revenue	21,097	16,454	10,638	8,161	3,936
Gross Profit	1,919	1,481	1,089	679.27	356.09
Selling, General & Admin	1,252	874.16	458.01	230.96	119.24
Other Operating Expenses	-48.01	-1.92	16.61	24.4	3.15
Operating Expenses	1,204	872.24	474.62	255.36	122.39
Operating Income	714.44	608.98	613.94	423.92	233.69
Interest Expense	-453.41	-447.57	-331.38	-155.78	-54.21
Interest & Investment Income	609.86	674.74	173.61	156.02	22.27
Currency Exchange Gain (Loss)	570.85	-506.48	-210.16	-276.08	-150.38
EBT Excluding Unusual Items	1,442	329.67	246.01	148.08	51.37
Gain (Loss) on Sale of Investments	-100.69	-19.93	-50.21	-1.15	-1.2
Asset Writedown	-	-	-	-	-0.05
Other Unusual Items	-	-	57.61	-	-
Pretax Income	1,341	309.75	253.4	146.93	50.18
Income Tax Expense	-128.51	-112.86	-46.72	65.24	45.89
Net Income	1,470	422.61	300.12	81.69	4.29
Net Income to Common	1,470	422.61	300.12	81.69	4.29
Net Income Growth	247.74%	40.81%	267.39%	1804.82%	-90.27%
Shares Outstanding (Basic)	265	265	225	225	171
Shares Outstanding (Diluted)	265	265	225	225	171
Shares Change (YoY)	-	17.78%	-	31.22%	60.71%
EPS (Basic)	5.55	1.59	1.33	0.36	0.03
EPS (Diluted)	5.55	1.59	1.33	0.36	0.03
EPS Growth	247.74%	19.56%	267.39%	1351.70%	-93.95%
Free Cash Flow	-608.75	-1,335	838.83	235.17	257.81
Free Cash Flow Per Share	-2.30	-5.04	3.73	1.04	1.50
Gross Margin	8.34%	8.26%	9.28%	7.68%	8.30%
Operating Margin	3.10%	3.40%	5.24%	4.79%	5.45%
Profit Margin	6.39%	2.36%	2.56%	0.92%	0.10%
Free Cash Flow Margin	-2.65%	-7.45%	7.15%	2.66%	6.01%
EBITDA	1,224	951.31	831.38	543.19	305.71
EBITDA Margin	5.32%	5.30%	7.09%	6.14%	7.12%
D&A For EBITDA	509.38	342.33	217.45	119.28	72.01
EBIT	714.44	608.98	613.94	423.92	233.69
EBIT Margin	3.10%	3.40%	5.24%	4.79%	5.45%
Effective Tax Rate	-	-	-	44.40%	91.45%
Advertising Expenses	6.11	-	-	-	-

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