Mercan Kimya Sanayi Ve Ticaret Anonim Sirketi (IST:MERCN)
Turkey flag Turkey · Delayed Price · Currency is TRY
22.38
+0.88 (4.09%)
Last updated: Jun 1, 2026, 5:43 PM GMT+3

IST:MERCN Income Statement

Millions TRY. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
2,8902,9003,4443,4822,840665.77
Revenue Growth (YoY)
23.82%-15.78%-1.09%22.61%326.53%104.14%
Cost of Revenue
1,9571,9742,6802,8162,196509.96
Gross Profit
932.73926.64763.43665.94644.17155.81
Selling, General & Admin
473.69468.13453.6329.97229.8150.63
Research & Development
21.7519.624.517.4711.611.93
Other Operating Expenses
28.46-27.02-34.83-0.44-27.529.71
Operating Expenses
523.9460.7443.28347.01213.8962.27
Operating Income
408.82465.94320.15318.93430.2893.54
Interest Expense
-313.61-296.88-548.75-374.93-149.59-39.86
Interest & Investment Income
182.87231.88216.08253.97127.1132.78
Earnings From Equity Investments
0.37-1.18-15.12.31--
Currency Exchange Gain (Loss)
-9.81-9.8132.63135.5978.0371.38
Other Non Operating Income (Expenses)
-72.62-115.62-105.54-227.22-301.48-1.89
EBT Excluding Unusual Items
196.03274.32-100.52108.66184.35155.95
Gain (Loss) on Sale of Investments
-22.48-75.08--1.5-2.58-14.77
Gain (Loss) on Sale of Assets
---31.38-28.45-
Asset Writedown
35.4635.46----
Legal Settlements
---0.04-0.14-
Pretax Income
209.01234.7-100.52138.58153.17141.17
Income Tax Expense
80.43110.22-22.1250.7451.7219.6
Earnings From Continuing Operations
128.58124.47-78.487.83101.45121.58
Minority Interest in Earnings
22.2417.43----
Net Income
150.82141.91-78.487.83101.45121.58
Net Income to Common
150.82141.91-78.487.83101.45121.58
Net Income Growth
----13.42%-16.55%297.85%
Shares Outstanding (Basic)
-190190190190190
Shares Outstanding (Diluted)
-190190190190190
Shares Change (YoY)
-----41.02%
EPS (Basic)
-0.75-0.410.460.530.64
EPS (Diluted)
-0.75-0.410.460.530.64
EPS Growth
----13.42%-16.55%182.13%
Free Cash Flow
-463.09-62.21618.08-351.26-145.28-148.92
Free Cash Flow Per Share
--0.333.25-1.84-0.76-0.78
Dividend Per Share
--0.0530.070--
Dividend Growth
---24.94%---
Gross Margin
32.27%31.95%22.17%19.13%22.68%23.40%
Operating Margin
14.14%16.06%9.30%9.16%15.15%14.05%
Profit Margin
5.22%4.89%-2.28%2.52%3.57%18.26%
Free Cash Flow Margin
-16.02%-2.15%17.95%-10.09%-5.12%-22.37%
EBITDA
437.83499.9377.29370.35467.73101.56
EBITDA Margin
15.15%17.24%10.96%10.64%16.47%15.25%
D&A For EBITDA
29.0133.9657.1451.4337.458.02
EBIT
408.82465.94320.15318.93430.2893.54
EBIT Margin
14.14%16.06%9.30%9.16%15.15%14.05%
Effective Tax Rate
38.48%46.96%-36.62%33.77%13.88%