IST:MEKAG 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	2,876	2,685	2,189	1,363	353.61
Revenue Growth (YoY)	7.10%	22.66%	60.58%	285.50%	71.55%
Cost of Revenue	2,257	2,098	1,611	1,064	267.89
Gross Profit	618.99	586.71	578.44	299.67	85.71
Selling, General & Admin	658.95	569.49	350.99	144.65	32.84
Research & Development	26.76	25.86	9.71	3.36	0.73
Other Operating Expenses	-15.71	-1.29	-6.28	-4	0.27
Operating Expenses	669.99	594.06	354.42	144.01	33.84
Operating Income	-51	-7.35	224.02	155.65	51.88
Interest Expense	-2.95	-90.05	-27.57	-7.57	-2.58
Interest & Investment Income	44.08	134.89	61.78	80.76	1.04
Currency Exchange Gain (Loss)	10.59	-15.16	-63.48	-52.03	-15.25
Other Non Operating Income (Expenses)	-35.76	-124.72	-52.92	-52.72	-0.11
EBT Excluding Unusual Items	-35.04	-102.39	141.83	124.1	34.97
Merger & Restructuring Charges	-	-	-	-	-0.65
Gain (Loss) on Sale of Investments	-6.94	-3.54	-0.56	-	-
Legal Settlements	-0.07	-0.07	-0.27	-	0.22
Pretax Income	-42.05	-106.01	141.01	124.1	34.54
Income Tax Expense	17.79	7.73	-17.17	46.97	-1.07
Net Income	-59.84	-113.73	158.18	77.13	35.61
Net Income to Common	-59.84	-113.73	158.18	77.13	35.61
Net Income Growth	-	-	105.09%	116.62%	-13.89%
Shares Outstanding (Basic)	800	800	661	640	640
Shares Outstanding (Diluted)	800	800	661	640	640
Shares Change (YoY)	-	21.02%	3.29%	-	177.78%
EPS (Basic)	-0.07	-0.14	0.24	0.12	0.06
EPS (Diluted)	-0.07	-0.14	0.24	0.12	0.06
EPS Growth	-	-	98.56%	116.62%	-69.00%
Free Cash Flow	505	-195.55	-161.5	-69.82	30.17
Free Cash Flow Per Share	0.63	-0.24	-0.24	-0.11	0.05
Gross Margin	21.52%	21.85%	26.42%	21.98%	24.24%
Operating Margin	-1.77%	-0.27%	10.23%	11.42%	14.67%
Profit Margin	-2.08%	-4.24%	7.23%	5.66%	10.07%
Free Cash Flow Margin	17.56%	-7.28%	-7.38%	-5.12%	8.53%
EBITDA	39.97	72.55	267.09	175.7	55.03
EBITDA Margin	1.39%	2.70%	12.20%	12.89%	15.56%
D&A For EBITDA	90.97	79.9	43.08	20.04	3.16
EBIT	-51	-7.35	224.02	155.65	51.88
EBIT Margin	-1.77%	-0.27%	10.23%	11.42%	14.67%
Effective Tax Rate	-	-	-	37.85%	-
Advertising Expenses	6.65	5.87	1.71	1.18	0.22

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.