IST:MOPAS 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	13,730	13,307	12,072	8,952	7,741
Revenue Growth (YoY)	13.73%	10.23%	34.85%	15.65%	-
Cost of Revenue	9,921	9,544	9,091	7,284	6,209
Gross Profit	3,809	3,763	2,980	1,668	1,532
Selling, General & Admin	3,144	3,017	2,422	1,703	1,482
Other Operating Expenses	73.38	-28.31	-136.68	42.06	3.12
Operating Expenses	3,217	2,989	2,286	1,746	1,485
Operating Income	591.4	774.61	694.98	-77.72	46.46
Interest Expense	-991.51	-1,097	-745.62	-267.96	-316.49
Interest & Investment Income	174.95	122.61	179.99	37.32	37.26
Currency Exchange Gain (Loss)	0.12	0.19	0.28	2.09	4.95
Other Non Operating Income (Expenses)	366.51	635.86	886.78	897.68	443.1
EBT Excluding Unusual Items	141.46	436.42	1,016	591.41	215.28
Gain (Loss) on Sale of Investments	-0.01	-	-11.24	-	-0.1
Legal Settlements	-1.17	-1.51	-0.77	-0.14	-0.75
Pretax Income	143.37	438.92	1,006	593.05	216.69
Income Tax Expense	61.17	210.73	198.24	236.82	106.08
Earnings From Continuing Operations	82.2	228.19	807.47	356.23	110.62
Minority Interest in Earnings	-	-	-20.96	57.14	-27.8
Net Income	82.2	228.19	786.51	413.37	82.82
Net Income to Common	82.2	228.19	786.51	413.37	82.82
Net Income Growth	-89.55%	-70.99%	90.27%	399.13%	-
Shares Outstanding (Basic)	242	196	196	185	185
Shares Outstanding (Diluted)	242	196	196	185	185
Shares Change (YoY)	23.34%	-	6.21%	-	-
EPS (Basic)	0.34	1.16	4.01	2.24	0.45
EPS (Diluted)	0.34	1.16	4.01	2.24	0.45
EPS Growth	-91.53%	-70.99%	79.15%	399.13%	-
Free Cash Flow	-1,085	262.16	-74.52	542.73	357.67
Free Cash Flow Per Share	-4.49	1.34	-0.38	2.94	1.94
Gross Margin	27.74%	28.28%	24.69%	18.63%	19.79%
Operating Margin	4.31%	5.82%	5.76%	-0.87%	0.60%
Profit Margin	0.60%	1.71%	6.51%	4.62%	1.07%
Free Cash Flow Margin	-7.90%	1.97%	-0.62%	6.06%	4.62%
EBITDA	746.69	920.26	822.41	9.83	135.5
EBITDA Margin	5.44%	6.92%	6.81%	0.11%	1.75%
D&A For EBITDA	155.29	145.65	127.44	87.56	89.04
EBIT	591.4	774.61	694.98	-77.72	46.46
EBIT Margin	4.31%	5.82%	5.76%	-0.87%	0.60%
Effective Tax Rate	42.66%	48.01%	19.71%	39.93%	48.95%
Advertising Expenses	-	13.17	15.96	8.14	6.49

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.