IST:MEKAG 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	Sep '25 Sep 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	1,960	2,051	2,189	1,363	353.61	206.12
Revenue Growth (YoY)	-29.37%	-6.29%	60.58%	285.50%	71.55%	-
Cost of Revenue	1,601	1,603	1,611	1,064	267.89	147.5
Gross Profit	359.72	448.24	578.44	299.67	85.71	58.63
Selling, General & Admin	496.51	435.08	350.99	144.65	32.84	18.99
Research & Development	30.4	19.76	9.71	3.36	0.73	2.76
Other Operating Expenses	-2.26	-0.98	-6.28	-4	0.27	-1.75
Operating Expenses	524.65	453.85	354.42	144.01	33.84	20
Operating Income	-164.93	-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	229.71	103.05	61.78	80.76	1.04	3.41
Currency Exchange Gain (Loss)	-11.58	-11.58	-63.48	-52.03	-15.25	-4.86
Other Non Operating Income (Expenses)	-22.8	-95.29	-52.92	-52.72	-0.11	-0.36
EBT Excluding Unusual Items	30.39	-78.23	141.83	124.1	34.97	33.39
Merger & Restructuring Charges	-	-	-	-	-0.65	-
Gain (Loss) on Sale of Investments	-9.31	-2.71	-0.56	-	-	-
Legal Settlements	-0.05	-0.05	-0.27	-	0.22	-0.45
Pretax Income	21.03	-80.99	141.01	124.1	34.54	32.94
Income Tax Expense	46.58	5.9	-17.17	46.97	-1.07	-8.41
Net Income	-25.55	-86.89	158.18	77.13	35.61	41.35
Net Income to Common	-25.55	-86.89	158.18	77.13	35.61	41.35
Net Income Growth	-	-	105.09%	116.62%	-13.89%	-
Shares Outstanding (Basic)	309	800	661	640	640	230
Shares Outstanding (Diluted)	309	800	661	640	640	230
Shares Change (YoY)	-60.44%	21.02%	3.29%	-	177.78%	-
EPS (Basic)	-0.08	-0.11	0.24	0.12	0.06	0.18
EPS (Diluted)	-0.08	-0.11	0.24	0.12	0.06	0.18
EPS Growth	-	-	98.56%	116.62%	-69.00%	-
Free Cash Flow	530.23	-149.4	-161.5	-69.82	30.17	27.15
Free Cash Flow Per Share	1.72	-0.19	-0.24	-0.11	0.05	0.12
Gross Margin	18.35%	21.85%	26.42%	21.98%	24.24%	28.44%
Operating Margin	-8.41%	-0.27%	10.23%	11.42%	14.67%	18.74%
Profit Margin	-1.30%	-4.24%	7.23%	5.66%	10.07%	20.06%
Free Cash Flow Margin	27.05%	-7.28%	-7.38%	-5.12%	8.53%	13.17%
EBITDA	-97.36	55.43	267.09	175.7	55.03	41
EBITDA Margin	-4.97%	2.70%	12.20%	12.89%	15.56%	19.89%
D&A For EBITDA	67.57	61.04	43.08	20.04	3.16	2.38
EBIT	-164.93	-5.61	224.02	155.65	51.88	38.63
EBIT Margin	-8.41%	-0.27%	10.23%	11.42%	14.67%	18.74%
Effective Tax Rate	221.52%	-	-	37.85%	-	-
Advertising Expenses	-	4.48	1.71	1.18	0.22	0.25

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