Merit Turizm Yatirim ve Isletme Anonim Sirketi (IST:MERIT)
Turkey · Delayed Price · Currency is TRY 13.58
-0.09 (-0.66%)
Last updated: Oct 8, 2026, 5:59 PM GMT+3
IST:MERIT Income Statement
Financials in millions TRY. Fiscal year is January - December.
Millions TRY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
| 337.45 | 324.83 | 197 | 149.41 | 112.6 | 11.37 | |
Revenue Growth | 43.64% | 64.89% | 31.86% | 32.68% | 890.58% | 135.82% |
Cost of Revenue | 10.92 | 12.41 | 12.54 | 24.82 | 37.94 | 1.43 |
Gross Profit | 326.53 | 312.42 | 184.46 | 124.58 | 74.66 | 9.94 |
Selling, General & Admin | 141.41 | 112.09 | 89.85 | 47.01 | 27.36 | 4.96 |
Other Operating Expenses | -10.51 | 19.11 | -2.94 | 1.96 | 0.49 | -0.25 |
Operating Expenses | 130.9 | 131.21 | 86.91 | 48.97 | 27.85 | 4.71 |
Operating Income | 195.63 | 181.21 | 97.55 | 75.61 | 46.81 | 5.23 |
Interest & Investment Income | 31.07 | 22.11 | 21.94 | 9.24 | 2.56 | 0.3 |
Earnings From Equity Investments | 398.71 | 468 | 25.64 | - | - | - |
Currency Exchange Gain (Loss) | 0.52 | 1.03 | 0.47 | 0.2 | 0.11 | 0 |
Other Non Operating Income (Expenses) | 120.33 | 131.56 | -14.49 | -13.48 | -8.03 | -0.09 |
EBT Excluding Unusual Items | 746.26 | 803.91 | 131.12 | 71.58 | 41.45 | 5.45 |
Gain (Loss) on Sale of Investments | -0 | -0.01 | -10.98 | -4.13 | -0.5 | -0.22 |
Pretax Income | 746.26 | 803.9 | 120.14 | 67.44 | 40.95 | 5.23 |
Income Tax Expense | 48.01 | 48.94 | -347.76 | -54.21 | 25.4 | 1.33 |
Earnings From Continuing Operations | 698.25 | 754.96 | 467.9 | 121.66 | 15.55 | 3.9 |
Minority Interest in Earnings | 0 | 0 | 0 | - | - | - |
Net Income | 698.25 | 754.96 | 467.9 | 121.66 | 15.55 | 3.9 |
Net Income to Common | 698.25 | 754.96 | 467.9 | 121.66 | 15.55 | 3.9 |
Net Income Growth | 91.26% | 61.35% | 284.61% | 682.10% | 299.01% | 59.78% |
Shares Outstanding (Basic) | 337 | 337 | 337 | 337 | 337 | 136 |
Shares Outstanding (Diluted) | 337 | 337 | 337 | 337 | 337 | 136 |
Shares Change | - | - | - | - | 147.08% | 345.20% |
EPS (Basic) | 2.07 | 2.24 | 1.39 | 0.36 | 0.05 | 0.03 |
EPS (Diluted) | 2.07 | 2.24 | 1.39 | 0.36 | 0.05 | 0.03 |
EPS Growth | 91.01% | 61.15% | 284.59% | 682.10% | 61.50% | -64.11% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | 300.94 | 238.56 | 69.8 | 59.2 | 10.7 | 13.03 |
Free Cash Flow Per Share | 0.89 | 0.71 | 0.21 | 0.18 | 0.03 | 0.10 |
Dividend Per Share | 1.000 | 1.000 | 0.140 | 0.083 | 0.083 | - |
Dividend Growth | 614.29% | 614.29% | 68.07% | 0% | - | - |
Gross Margin | 96.76% | 96.18% | 93.64% | 83.38% | 66.31% | 87.45% |
Operating Margin | 57.97% | 55.78% | 49.52% | 50.61% | 41.57% | 45.98% |
Profit Margin | 206.92% | 232.41% | 237.51% | 81.43% | 13.81% | 34.29% |
Free Cash Flow Margin | 89.18% | 73.44% | 35.43% | 39.63% | 9.50% | 114.62% |
EBITDA | - | 181.22 | - | - | 46.81 | 5.23 |
EBITDA Margin | - | 55.79% | - | - | 41.57% | 45.98% |
D&A For EBITDA | - | 0.01 | - | - | 0 | 0 |
EBIT | 195.63 | 181.21 | 97.55 | 75.61 | 46.81 | 5.23 |
EBIT Margin | 57.97% | 55.78% | 49.52% | 50.61% | 41.57% | 45.98% |
Effective Tax Rate | 6.43% | 6.09% | - | - | 62.02% | 25.40% |
Advertising Expenses | - | 56.33 | 44.65 | 17.44 | 11.19 | 1.69 |