IST:MOPAS 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	18,079	17,418	12,072	8,952	7,741
Revenue Growth (YoY)	3.80%	44.29%	34.85%	15.65%	-
Cost of Revenue	13,018	12,492	9,091	7,284	6,209
Gross Profit	5,061	4,926	2,980	1,668	1,532
Selling, General & Admin	4,048	3,949	2,422	1,703	1,482
Other Operating Expenses	-35.3	-37.05	-136.68	42.06	3.12
Operating Expenses	4,013	3,912	2,286	1,746	1,485
Operating Income	1,049	1,014	694.98	-77.72	46.46
Interest Expense	-1,392	-1,436	-745.62	-267.96	-316.49
Interest & Investment Income	402.64	160.48	179.99	37.32	37.26
Currency Exchange Gain (Loss)	2.31	0.25	0.28	2.09	4.95
Other Non Operating Income (Expenses)	399.7	832.29	886.78	897.68	443.1
EBT Excluding Unusual Items	461.28	571.24	1,016	591.41	215.28
Gain (Loss) on Sale of Investments	-0.1	-	-11.24	-	-0.1
Legal Settlements	-0.78	-1.98	-0.77	-0.14	-0.75
Pretax Income	465.59	574.51	1,006	593.05	216.69
Income Tax Expense	231.56	275.83	198.24	236.82	106.08
Earnings From Continuing Operations	234.03	298.68	807.47	356.23	110.62
Minority Interest in Earnings	-	-	-20.96	57.14	-27.8
Net Income	234.03	298.68	786.51	413.37	82.82
Net Income to Common	234.03	298.68	786.51	413.37	82.82
Net Income Growth	-21.65%	-62.02%	90.27%	399.13%	-
Shares Outstanding (Basic)	263	196	196	185	185
Shares Outstanding (Diluted)	263	196	196	185	185
Shares Change (YoY)	34.22%	-	6.21%	-	-
EPS (Basic)	0.89	1.52	4.01	2.24	0.45
EPS (Diluted)	0.89	1.52	4.01	2.24	0.45
EPS Growth	-41.62%	-62.02%	79.15%	399.13%	-
Free Cash Flow	-806.05	406.48	-74.52	542.73	357.67
Free Cash Flow Per Share	-3.06	2.07	-0.38	2.94	1.94
Gross Margin	27.99%	28.28%	24.69%	18.63%	19.79%
Operating Margin	5.80%	5.82%	5.76%	-0.87%	0.60%
Profit Margin	1.29%	1.71%	6.51%	4.62%	1.07%
Free Cash Flow Margin	-4.46%	2.33%	-0.62%	6.06%	4.62%
EBITDA	1,243	1,205	822.41	9.83	135.5
EBITDA Margin	6.87%	6.92%	6.81%	0.11%	1.75%
D&A For EBITDA	194.2	190.65	127.44	87.56	89.04
EBIT	1,049	1,014	694.98	-77.72	46.46
EBIT Margin	5.80%	5.82%	5.76%	-0.87%	0.60%
Effective Tax Rate	49.73%	48.01%	19.71%	39.93%	48.95%
Advertising Expenses	35.9	17.24	15.96	8.14	6.49

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.