IST:MOPAS Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	13,307	12,072	8,952	7,741
Revenue Growth (YoY)	10.23%	34.85%	15.65%	-
Cost of Revenue	9,544	9,091	7,284	6,209
Gross Profit	3,763	2,980	1,668	1,532
Selling, General & Admin	3,017	2,422	1,703	1,482
Other Operating Expenses	-28.31	-136.68	42.06	3.12
Operating Expenses	2,989	2,286	1,746	1,485
Operating Income	774.61	694.98	-77.72	46.46
Interest Expense	-1,097	-745.62	-267.96	-316.49
Interest & Investment Income	122.61	179.99	37.32	37.26
Currency Exchange Gain (Loss)	0.19	0.28	2.09	4.95
Other Non Operating Income (Expenses)	635.86	886.78	897.68	443.1
EBT Excluding Unusual Items	436.42	1,016	591.41	215.28
Gain (Loss) on Sale of Investments	-	-11.24	-	-0.1
Legal Settlements	-1.51	-0.77	-0.14	-0.75
Pretax Income	438.92	1,006	593.05	216.69
Income Tax Expense	210.73	198.24	236.82	106.08
Earnings From Continuing Operations	228.19	807.47	356.23	110.62
Minority Interest in Earnings	-	-20.96	57.14	-27.8
Net Income	228.19	786.51	413.37	82.82
Net Income to Common	228.19	786.51	413.37	82.82
Net Income Growth	-70.99%	90.27%	399.13%	-
Shares Outstanding (Basic)	196	196	185	185
Shares Outstanding (Diluted)	196	196	185	185
Shares Change (YoY)	-	6.21%	-	-
EPS (Basic)	1.16	4.01	2.24	0.45
EPS (Diluted)	1.16	4.01	2.24	0.45
EPS Growth	-70.99%	79.15%	399.13%	-
Free Cash Flow	262.16	-74.52	542.73	357.67
Free Cash Flow Per Share	1.34	-0.38	2.94	1.94
Gross Margin	28.28%	24.69%	18.63%	19.79%
Operating Margin	5.82%	5.76%	-0.87%	0.60%
Profit Margin	1.71%	6.51%	4.62%	1.07%
Free Cash Flow Margin	1.97%	-0.62%	6.06%	4.62%
EBITDA	920.26	822.41	9.83	135.5
EBITDA Margin	6.92%	6.81%	0.11%	1.75%
D&A For EBITDA	145.65	127.44	87.56	89.04
EBIT	774.61	694.98	-77.72	46.46
EBIT Margin	5.82%	5.76%	-0.87%	0.60%
Effective Tax Rate	48.01%	19.71%	39.93%	48.95%
Advertising Expenses	13.17	15.96	8.14	6.49

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.