IST:MEKAG Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,615	1,516	1,363	353.61	206.12
Revenue Growth (YoY)	-27.10%	11.22%	285.50%	71.55%	-
Cost of Revenue	1,242	1,169	1,064	267.89	147.5
Gross Profit	372.65	347.43	299.67	85.71	58.63
Selling, General & Admin	263.12	189.89	144.65	32.84	18.99
Research & Development	11.01	6.73	3.36	0.73	2.76
Other Operating Expenses	-62.37	-4.35	-4	0.27	-1.75
Operating Expenses	211.76	192.27	144.01	33.84	20
Operating Income	160.9	155.16	155.65	51.88	38.63
Interest Expense	-39.1	-19.1	-7.57	-2.58	-3.44
Interest & Investment Income	73.15	42.79	80.76	1.04	3.41
Currency Exchange Gain (Loss)	-43.96	-43.96	-52.03	-15.25	-4.86
Other Non Operating Income (Expenses)	-322.05	-36.65	-52.72	-0.11	-0.36
EBT Excluding Unusual Items	-171.07	98.24	124.1	34.97	33.39
Merger & Restructuring Charges	-	-	-	-0.65	-
Gain (Loss) on Sale of Investments	-0.38	-0.38	-	-	-
Legal Settlements	-0.18	-0.18	-	0.22	-0.45
Pretax Income	-171.64	97.67	124.1	34.54	32.94
Income Tax Expense	-105	-11.89	46.97	-1.07	-8.41
Net Income	-66.64	109.56	77.13	35.61	41.35
Net Income to Common	-66.64	109.56	77.13	35.61	41.35
Net Income Growth	-	42.05%	116.62%	-13.89%	-
Shares Outstanding (Basic)	61	52	50	50	18
Shares Outstanding (Diluted)	61	52	50	50	18
Shares Change (YoY)	22.04%	3.29%	-	177.78%	-
EPS (Basic)	-1.09	2.12	1.54	0.71	2.30
EPS (Diluted)	-1.09	2.12	1.54	0.71	2.30
EPS Growth	-	37.53%	116.62%	-69.00%	-
Free Cash Flow	-162.5	-111.86	-69.82	30.17	27.15
Free Cash Flow Per Share	-2.66	-2.17	-1.40	0.60	1.51
Gross Margin	23.08%	22.92%	21.98%	24.24%	28.44%
Operating Margin	9.96%	10.23%	11.42%	14.67%	18.74%
Profit Margin	-4.13%	7.23%	5.66%	10.07%	20.06%
Free Cash Flow Margin	-10.06%	-7.38%	-5.12%	8.53%	13.17%
EBITDA	202.16	185	175.7	55.03	41
EBITDA Margin	12.52%	12.20%	12.89%	15.56%	19.89%
D&A For EBITDA	41.26	29.84	20.04	3.16	2.38
EBIT	160.9	155.16	155.65	51.88	38.63
EBIT Margin	9.96%	10.23%	11.42%	14.67%	18.74%
Effective Tax Rate	-	-	37.85%	-	-
Advertising Expenses	-	1.19	1.18	0.22	0.25

Source: S&P Capital IQ. Standard template. Financial Sources.