MOGAN Income Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	8,456	13,886	20,355	3,288	2,055
Revenue Growth (YoY)	-28.22%	-31.78%	519.15%	59.99%	-
Operations & Maintenance	11.37	11.37	1.81	1.82	0.73
Selling, General & Admin	461.38	609.97	112.87	61.27	72.02
Other Operating Expenses	7,936	11,398	17,258	2,124	1,508
Total Operating Expenses	8,409	12,019	17,373	2,187	1,581
Operating Income	46.88	1,867	2,982	1,100	473.65
Interest Expense	1,042	-2,567	-2,953	-889.63	-618.58
Interest Income	-1,654	975.95	298.21	895.94	338.11
Net Interest Expense	-612.24	-1,591	-2,655	6.32	-280.47
Currency Exchange Gain (Loss)	-12,055	-12,055	-13,188	-	-
Other Non-Operating Income (Expenses)	6,727	12,723	15,963	-	-
EBT Excluding Unusual Items	-5,894	944.46	3,102	1,107	193.18
Gain (Loss) on Sale of Investments	-	-	-0.05	-0.01	-
Insurance Settlements	36.37	36.37	21.59	-	-
Pretax Income	-5,857	980.83	3,124	1,107	193.18
Income Tax Expense	-3,643	-402.99	7,460	-596.93	-149.73
Earnings From Continuing Ops.	-2,214	1,384	-4,336	1,704	342.91
Minority Interest in Earnings	221.6	-122.86	504.53	-	-
Net Income	-1,993	1,261	-3,831	1,704	342.91
Net Income to Common	-1,993	1,261	-3,831	1,704	342.91
Net Income Growth	-	-	-	396.80%	-
Shares Outstanding (Basic)	2,440	2,230	2,230	-	-
Shares Outstanding (Diluted)	2,440	2,230	2,230	-	-
Shares Change (YoY)	9.42%	-	-	-	-
EPS (Basic)	-0.82	0.57	-1.72	-	-
EPS (Diluted)	-0.82	0.57	-1.72	-	-
Free Cash Flow	5,695	3,096	5,745	69.24	1,842
Free Cash Flow Per Share	2.33	1.39	2.58	-	-
Profit Margin	-23.56%	9.08%	-18.82%	51.82%	16.69%
Free Cash Flow Margin	67.35%	22.30%	28.23%	2.11%	89.65%
EBITDA	5,241	7,199	9,674	2,394	1,153
EBITDA Margin	61.98%	51.84%	47.53%	72.83%	56.10%
D&A For EBITDA	5,194	5,331	6,692	1,294	679.2
EBIT	46.88	1,867	2,982	1,100	473.65
EBIT Margin	0.55%	13.45%	14.65%	33.47%	23.05%
Effective Tax Rate	-	-	238.79%	-	-

Source: S&P Capital IQ. Utility template. Financial Sources.