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	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	13,582	13,307	12,072	8,952	7,741
Revenue Growth (YoY)	51.72%	10.23%	34.85%	15.65%	-
Cost of Revenue	9,660	9,544	9,091	7,284	6,209
Gross Profit	3,922	3,763	2,980	1,668	1,532
Selling, General & Admin	3,056	3,017	2,422	1,703	1,482
Other Operating Expenses	-40.41	-28.31	-136.68	42.06	3.12
Operating Expenses	3,016	2,989	2,286	1,746	1,485
Operating Income	906.33	774.61	694.98	-77.72	46.46
Interest Expense	-1,087	-1,097	-745.62	-267.96	-316.49
Interest & Investment Income	136.5	122.61	179.99	37.32	37.26
Currency Exchange Gain (Loss)	-0.17	0.19	0.28	2.09	4.95
Other Non Operating Income (Expenses)	332.6	635.86	886.78	897.68	443.1
EBT Excluding Unusual Items	288.72	436.42	1,016	591.41	215.28
Gain (Loss) on Sale of Investments	-0.01	-	-11.24	-	-0.1
Legal Settlements	-1.38	-1.51	-0.77	-0.14	-0.75
Pretax Income	289.76	438.92	1,006	593.05	216.69
Income Tax Expense	127.3	210.73	198.24	236.82	106.08
Earnings From Continuing Operations	162.47	228.19	807.47	356.23	110.62
Minority Interest in Earnings	-	-	-20.96	57.14	-27.8
Net Income	162.47	228.19	786.51	413.37	82.82
Net Income to Common	162.47	228.19	786.51	413.37	82.82
Net Income Growth	-60.70%	-70.99%	90.27%	399.13%	-
Shares Outstanding (Basic)	231	196	196	185	185
Shares Outstanding (Diluted)	231	196	196	185	185
Shares Change (YoY)	25.22%	-	6.21%	-	-
EPS (Basic)	0.70	1.16	4.01	2.24	0.45
EPS (Diluted)	0.70	1.16	4.01	2.24	0.45
EPS Growth	-68.61%	-70.99%	79.15%	399.13%	-
Free Cash Flow	-875.45	262.16	-74.52	542.73	357.67
Free Cash Flow Per Share	-3.79	1.34	-0.38	2.94	1.94
Gross Margin	28.88%	28.28%	24.69%	18.63%	19.79%
Operating Margin	6.67%	5.82%	5.76%	-0.87%	0.60%
Profit Margin	1.20%	1.71%	6.51%	4.62%	1.07%
Free Cash Flow Margin	-6.45%	1.97%	-0.62%	6.06%	4.62%
EBITDA	1,056	920.26	822.41	9.83	135.5
EBITDA Margin	7.77%	6.92%	6.81%	0.11%	1.75%
D&A For EBITDA	149.24	145.65	127.44	87.56	89.04
EBIT	906.33	774.61	694.98	-77.72	46.46
EBIT Margin	6.67%	5.82%	5.76%	-0.87%	0.60%
Effective Tax Rate	43.93%	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.