IST:MEYSU 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	3,845	3,633	1,835	754.54	335.28
Revenue Growth (YoY)	5.85%	98.02%	143.14%	125.05%	23.13%
Cost of Revenue	2,618	2,567	1,311	629.81	291.37
Gross Profit	1,227	1,066	523.71	124.74	43.9
Selling, General & Admin	427.41	360.62	-	17.57	12.82
Other Operating Expenses	-3.48	38.07	177.95	-3.82	-6.48
Operating Expenses	423.92	398.69	177.95	13.75	6.34
Operating Income	803.42	667.35	345.76	110.99	37.56
Interest Expense	-264.58	-258.92	-	-37.83	-19.17
Interest & Investment Income	29.7	50.69	-	19.05	11.63
Currency Exchange Gain (Loss)	8.33	25.84	-	-2.23	-4.13
Other Non Operating Income (Expenses)	-141.68	-197.63	-113.91	-	-
EBT Excluding Unusual Items	435.19	287.33	231.84	89.97	25.9
Merger & Restructuring Charges	-	-	-	-0.35	-0.03
Gain (Loss) on Sale of Assets	3.45	5.55	-	0.48	0.14
Pretax Income	438.64	292.88	231.84	90.22	26.05
Income Tax Expense	-56.29	65.92	85.69	-10.77	-3.79
Earnings From Continuing Operations	494.92	226.96	146.15	100.98	29.83
Minority Interest in Earnings	-0.79	-0.26	-	-	-
Net Income	494.13	226.71	146.15	100.98	29.83
Net Income to Common	494.13	226.71	146.15	100.98	29.83
Net Income Growth	117.96%	55.12%	44.73%	238.48%	38.75%
Shares Outstanding (Basic)	750	180	-	69	69
Shares Outstanding (Diluted)	750	180	-	69	69
Shares Change (YoY)	316.67%	-	-	-	-
EPS (Basic)	0.66	1.26	-	1.47	0.44
EPS (Diluted)	0.66	1.26	-	1.47	0.44
EPS Growth	-47.69%	-	-	238.48%	38.75%
Free Cash Flow	-925.51	-327.08	-	-42.41	6.99
Free Cash Flow Per Share	-1.23	-1.82	-	-0.62	0.10
Gross Margin	31.92%	29.34%	28.55%	16.53%	13.10%
Operating Margin	20.89%	18.37%	18.85%	14.71%	11.20%
Profit Margin	12.85%	6.24%	7.97%	13.38%	8.90%
Free Cash Flow Margin	-24.07%	-9.00%	-	-5.62%	2.08%
EBITDA	924.44	748.43	348.8	114.03	40.36
EBITDA Margin	24.04%	20.60%	19.01%	15.11%	12.04%
D&A For EBITDA	121.02	81.08	3.05	3.05	2.79
EBIT	803.42	667.35	345.76	110.99	37.56
EBIT Margin	20.89%	18.37%	18.85%	14.71%	11.20%
Effective Tax Rate	-	22.51%	36.96%	-	-
Advertising Expenses	21.29	26.58	-	4.41	3.28

Source: S&P Global Market Intelligence. Standard template. Financial Sources.