IST:MEKAG Income Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	2,051	2,189	1,363	353.61	206.12
Revenue Growth (YoY)	-6.29%	60.58%	285.50%	71.55%	-
Cost of Revenue	1,603	1,611	1,064	267.89	147.5
Gross Profit	448.24	578.44	299.67	85.71	58.63
Selling, General & Admin	435.08	350.99	144.65	32.84	18.99
Research & Development	19.76	9.71	3.36	0.73	2.76
Other Operating Expenses	-0.98	-6.28	-4	0.27	-1.75
Operating Expenses	453.85	354.42	144.01	33.84	20
Operating Income	-5.61	224.02	155.65	51.88	38.63
Interest Expense	-68.8	-27.57	-7.57	-2.58	-3.44
Interest & Investment Income	103.05	61.78	80.76	1.04	3.41
Currency Exchange Gain (Loss)	-11.58	-63.48	-52.03	-15.25	-4.86
Other Non Operating Income (Expenses)	-95.29	-52.92	-52.72	-0.11	-0.36
EBT Excluding Unusual Items	-78.23	141.83	124.1	34.97	33.39
Merger & Restructuring Charges	-	-	-	-0.65	-
Gain (Loss) on Sale of Investments	-2.71	-0.56	-	-	-
Legal Settlements	-0.05	-0.27	-	0.22	-0.45
Pretax Income	-80.99	141.01	124.1	34.54	32.94
Income Tax Expense	5.9	-17.17	46.97	-1.07	-8.41
Net Income	-86.89	158.18	77.13	35.61	41.35
Net Income to Common	-86.89	158.18	77.13	35.61	41.35
Net Income Growth	-	105.09%	116.62%	-13.89%	-
Shares Outstanding (Basic)	63	52	50	50	18
Shares Outstanding (Diluted)	63	52	50	50	18
Shares Change (YoY)	21.02%	3.29%	-	177.78%	-
EPS (Basic)	-1.39	3.06	1.54	0.71	2.30
EPS (Diluted)	-1.39	3.06	1.54	0.71	2.30
EPS Growth	-	98.56%	116.62%	-69.00%	-
Free Cash Flow	-149.4	-161.5	-69.82	30.17	27.15
Free Cash Flow Per Share	-2.39	-3.13	-1.40	0.60	1.51
Gross Margin	21.85%	26.42%	21.98%	24.24%	28.44%
Operating Margin	-0.27%	10.23%	11.42%	14.67%	18.74%
Profit Margin	-4.24%	7.23%	5.66%	10.07%	20.06%
Free Cash Flow Margin	-7.28%	-7.38%	-5.12%	8.53%	13.17%
EBITDA	55.43	267.09	175.7	55.03	41
EBITDA Margin	2.70%	12.20%	12.89%	15.56%	19.89%
D&A For EBITDA	61.04	43.08	20.04	3.16	2.38
EBIT	-5.61	224.02	155.65	51.88	38.63
EBIT Margin	-0.27%	10.23%	11.42%	14.67%	18.74%
Effective Tax Rate	-	-	37.85%	-	-
Advertising Expenses	4.48	1.71	1.18	0.22	0.25

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.