IST:MMCAS 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	11.26	15.56	1.79	1.49	-	23.03
Revenue Growth (YoY)	5.67%	767.41%	20.81%	-	-	31.57%
Cost of Revenue	-1.25	4.91	-	1.08	-	15.77
Gross Profit	12.51	10.65	1.79	0.41	-	7.26
Selling, General & Admin	7.87	6.19	4.04	0.61	2.2	6.96
Other Operating Expenses	0.71	1.37	-1.84	-0.06	-1.33	0.28
Operating Expenses	8.58	7.56	2.2	0.55	0.87	7.25
Operating Income	3.93	3.09	-0.4	-0.15	-0.87	0.01
Interest Expense	-0	-0	-0	-0.11	-0.01	-0.17
Interest & Investment Income	0.7	0.18	-	0.15	0.07	0.31
Earnings From Equity Investments	-	-	-	-	0.03	-
Currency Exchange Gain (Loss)	-0.06	-0.06	-	-	-	-
Other Non Operating Income (Expenses)	1.4	0.09	-0.62	-	-	-
EBT Excluding Unusual Items	5.97	3.29	-1.02	-0.11	-0.78	0.14
Gain (Loss) on Sale of Investments	-	-	-0.47	-	-	-
Legal Settlements	-	-	-	-0.24	-	-
Other Unusual Items	-	-	-	0.3	-	-
Pretax Income	5.97	3.29	-1.49	-0.05	-0.78	0.14
Income Tax Expense	1.01	1.7	1.81	0.56	-0.42	-0.36
Earnings From Continuing Operations	4.96	1.59	-3.3	-0.61	-0.37	0.5
Net Income to Company	4.96	1.59	-3.3	-0.61	-0.37	0.5
Minority Interest in Earnings	-	-	-	0.12	0.01	-0.48
Net Income	4.96	1.59	-3.3	-0.49	-0.35	0.02
Net Income to Common	4.96	1.59	-3.3	-0.49	-0.35	0.02
Net Income Growth	-	-	-	-	-	-89.59%
Shares Outstanding (Basic)	13	13	13	13	13	13
Shares Outstanding (Diluted)	13	13	13	13	13	13
EPS (Basic)	0.38	0.12	-0.25	-0.04	-0.03	0.00
EPS (Diluted)	0.38	0.12	-0.25	-0.04	-0.03	0.00
EPS Growth	-	-	-	-	-	-89.60%
Free Cash Flow	3.97	8.82	-0.77	-0.03	-0.47	0.41
Free Cash Flow Per Share	0.30	0.66	-0.06	-0.00	-0.04	0.03
Gross Margin	111.10%	68.42%	100.00%	27.27%	-	31.51%
Operating Margin	34.92%	19.85%	-22.41%	-9.92%	-	0.04%
Profit Margin	44.07%	10.22%	-184.19%	-32.99%	-	0.08%
Free Cash Flow Margin	35.25%	56.71%	-42.89%	-2.01%	-	1.77%
EBITDA	6.64	4.65	-0.4	-0.13	-0.82	0.08
EBITDA Margin	59.02%	29.89%	-22.20%	-8.61%	-	0.36%
D&A For EBITDA	2.71	1.56	0	0.02	0.05	0.07
EBIT	3.93	3.09	-0.4	-0.15	-0.87	0.01
EBIT Margin	34.92%	19.85%	-22.41%	-9.92%	-	0.04%
Effective Tax Rate	16.86%	51.67%	-	-	-	-

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