IST:MOGAN 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	13,105	16,863	18,362	20,355	3,288
Revenue Growth (YoY)	-22.28%	-8.16%	-9.79%	519.15%	59.99%
Operations & Maintenance	46.14	14.32	16.42	1.81	1.82
Selling, General & Admin	1,246	1,517	350.77	112.87	61.27
Other Operating Expenses	14,638	15,771	15,298	17,258	2,124
Total Operating Expenses	15,960	17,303	15,666	17,373	2,187
Operating Income	-2,855	-440.12	2,696	2,982	1,100
Interest Expense	-2,944	-4,610	-3,706	-2,953	-889.63
Interest Income	946.25	1,266	1,409	298.21	895.94
Net Interest Expense	-1,998	-3,343	-2,297	-2,655	6.32
Currency Exchange Gain (Loss)	-13,178	-20,328	-17,405	-13,188	-
Other Non-Operating Income (Expenses)	7,651	11,622	18,370	15,963	-
EBT Excluding Unusual Items	-10,379	-12,490	1,364	3,102	1,107
Gain (Loss) on Sale of Investments	-	-	-	-0.05	-0.01
Insurance Settlements	104.36	90.44	52.51	21.59	-
Legal Settlements	-3.47	-1.86	-	-	-
Pretax Income	-10,278	-12,401	1,416	3,124	1,107
Income Tax Expense	178.59	-6,669	-581.83	7,460	-596.93
Earnings From Continuing Ops.	-10,457	-5,732	1,998	-4,336	1,704
Minority Interest in Earnings	1,288	769.51	-177.38	504.53	-
Net Income	-9,169	-4,962	1,821	-3,831	1,704
Net Income to Common	-9,169	-4,962	1,821	-3,831	1,704
Net Income Growth	-	-	-	-	396.80%
Shares Outstanding (Basic)	2,440	2,440	2,230	2,230	-
Shares Outstanding (Diluted)	2,440	2,440	2,230	2,230	-
Shares Change (YoY)	-	9.42%	-	-	-
EPS (Basic)	-3.76	-2.03	0.82	-1.72	-
EPS (Diluted)	-3.76	-2.03	0.82	-1.72	-
Free Cash Flow	5,939	8,288	6,843	5,745	69.24
Free Cash Flow Per Share	2.43	3.40	3.07	2.58	-
Profit Margin	-69.96%	-29.43%	9.92%	-18.82%	51.82%
Free Cash Flow Margin	45.32%	49.15%	37.27%	28.23%	2.11%
EBITDA	6,872	9,327	10,393	9,674	2,394
EBITDA Margin	52.44%	55.31%	56.60%	47.53%	72.83%
D&A For EBITDA	9,727	9,767	7,697	6,692	1,294
EBIT	-2,855	-440.12	2,696	2,982	1,100
EBIT Margin	-21.78%	-2.61%	14.68%	14.65%	33.47%
Effective Tax Rate	-	-	-	238.80%	-

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