IST:MERKO Income Statement

Financials in millions TRY. Fiscal year is July - June.

Millions TRY. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Revenue	647.85	1,440	1,396	1,673	114.89	60.76
Revenue Growth (YoY)	-53.58%	3.12%	-16.53%	1355.83%	89.10%	-12.09%
Cost of Revenue	495.25	1,230	815.03	1,240	81.58	48.11
Gross Profit	152.6	209.87	581.19	432.54	33.31	12.65
Selling, General & Admin	81.46	147.49	111.25	135.69	14.68	7.09
Other Operating Expenses	88.81	54.36	61.56	34.07	9.17	0.54
Operating Expenses	170.27	201.84	172.81	169.76	23.85	7.64
Operating Income	-17.67	8.03	408.39	262.77	9.46	5.01
Interest Expense	-87.76	-102.7	-156.18	-21.29	-5.95	-1.66
Interest & Investment Income	66.95	170.74	187.59	21.15	0.81	17.15
Earnings From Equity Investments	-	-	-	-	5.86	1.22
Currency Exchange Gain (Loss)	-39.72	-39.72	89.26	-104.15	-0.39	-1.15
Other Non Operating Income (Expenses)	358.13	129.93	-226.58	-535.78	-2.15	-0.23
EBT Excluding Unusual Items	279.93	166.27	302.48	-377.3	7.66	20.34
Gain (Loss) on Sale of Investments	0.38	-	67.99	-0.28	-0.04	-11.21
Legal Settlements	-10.69	-10.69	-9.31	-0.1	-6.88	-4.17
Pretax Income	269.61	155.58	361.15	-377.68	0.74	4.96
Income Tax Expense	-108.91	-222.79	158.28	34.76	-1.16	-0.81
Earnings From Continuing Operations	378.52	378.37	202.87	-412.44	1.9	5.77
Minority Interest in Earnings	37.17	-	-87.04	-21.03	-	-
Net Income	415.69	378.37	115.83	-433.48	1.9	5.77
Net Income to Common	415.69	378.37	115.83	-433.48	1.9	5.77
Net Income Growth	194.60%	226.66%	-	-	-66.96%	-
Shares Outstanding (Basic)	101	101	93	86	73	62
Shares Outstanding (Diluted)	101	101	93	86	73	62
Shares Change (YoY)	5.48%	8.36%	8.42%	18.63%	16.83%	90.95%
EPS (Basic)	4.11	3.74	1.24	-5.04	0.03	0.09
EPS (Diluted)	4.11	3.74	1.24	-5.04	0.03	0.09
EPS Growth	179.29%	201.45%	-	-	-71.72%	-
Free Cash Flow	-	65.87	248.79	-292.61	4.22	-41.21
Free Cash Flow Per Share	-	0.65	2.67	-3.40	0.06	-0.66
Gross Margin	23.55%	14.58%	41.63%	25.86%	28.99%	20.82%
Operating Margin	-2.73%	0.56%	29.25%	15.71%	8.24%	8.25%
Profit Margin	64.17%	26.28%	8.30%	-25.92%	1.66%	9.49%
Free Cash Flow Margin	-	4.58%	17.82%	-17.49%	3.67%	-67.83%
EBITDA	8.84	64.48	458.23	285.34	15.31	10.06
EBITDA Margin	1.36%	4.48%	32.82%	17.06%	13.33%	16.56%
D&A For EBITDA	26.51	56.45	49.85	22.57	5.85	5.05
EBIT	-17.67	8.03	408.39	262.77	9.46	5.01
EBIT Margin	-2.73%	0.56%	29.25%	15.71%	8.24%	8.25%
Effective Tax Rate	-	-	43.83%	-	-	-

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