IST:NETCD 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	1,404	1,126	887.85	806.38
Revenue Growth (YoY)	24.78%	26.77%	10.10%	-
Cost of Revenue	123.84	100.97	94.57	125.77
Gross Profit	1,281	1,025	793.28	680.61
Selling, General & Admin	219.5	196.31	195.09	225.63
Research & Development	159.52	135.49	150.88	147.1
Other Operating Expenses	-63.96	-43.94	-29.75	-28.31
Operating Expenses	315.06	287.86	316.23	344.43
Operating Income	965.55	736.72	477.05	336.18
Interest Expense	-15.32	-36.83	-89.24	-64.38
Interest & Investment Income	40.77	20.88	10.26	17.57
Currency Exchange Gain (Loss)	-	0.89	2.35	-39.73
Other Non Operating Income (Expenses)	-122.83	-137.15	-93.35	18.15
EBT Excluding Unusual Items	868.17	584.51	307.08	267.8
Gain (Loss) on Sale of Investments	-0.01	-	-39.83	-0.01
Legal Settlements	-	-2.08	-0.66	-0.64
Pretax Income	868.16	582.43	266.6	267.15
Income Tax Expense	-	-	-	-7.92
Net Income	868.16	582.43	266.6	275.08
Net Income to Common	868.16	582.43	266.6	275.08
Net Income Growth	49.06%	118.47%	-3.08%	-
Shares Outstanding (Basic)	-	82	50	50
Shares Outstanding (Diluted)	-	82	50	50
Shares Change (YoY)	-	64.93%	-	-
EPS (Basic)	-	7.06	5.33	5.50
EPS (Diluted)	-	7.06	5.33	5.50
EPS Growth	-	32.46%	-3.08%	-
Free Cash Flow	963.18	222.05	64.45	188.86
Free Cash Flow Per Share	-	2.69	1.29	3.78
Gross Margin	91.18%	91.03%	89.35%	84.40%
Operating Margin	68.75%	65.45%	53.73%	41.69%
Profit Margin	61.82%	51.75%	30.03%	34.11%
Free Cash Flow Margin	68.58%	19.73%	7.26%	23.42%
EBITDA	1,192	756.18	498.29	377.58
EBITDA Margin	84.88%	67.18%	56.12%	46.82%
D&A For EBITDA	226.54	19.46	21.24	41.4
EBIT	965.55	736.72	477.05	336.18
EBIT Margin	68.75%	65.45%	53.73%	41.69%
Advertising Expenses	-	3.64	8.96	10.66

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