IST:NETCD 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	1,318	1,126	887.85	806.38
Revenue Growth (YoY)	-	26.77%	10.10%	-
Cost of Revenue	109.61	100.97	94.57	125.77
Gross Profit	1,208	1,025	793.28	680.61
Selling, General & Admin	210.62	196.31	195.09	225.63
Research & Development	172.08	135.49	150.88	147.1
Other Operating Expenses	-55.13	-43.94	-29.75	-28.31
Operating Expenses	327.57	287.86	316.23	344.43
Operating Income	880.61	736.72	477.05	336.18
Interest Expense	-31.69	-36.83	-89.24	-64.38
Interest & Investment Income	74.78	20.88	10.26	17.57
Currency Exchange Gain (Loss)	3.17	0.89	2.35	-39.73
Other Non Operating Income (Expenses)	-185.84	-137.15	-93.35	18.15
EBT Excluding Unusual Items	741.02	584.51	307.08	267.8
Gain (Loss) on Sale of Investments	-0.01	-	-39.83	-0.01
Legal Settlements	-1.78	-2.08	-0.66	-0.64
Pretax Income	739.23	582.43	266.6	267.15
Income Tax Expense	-	-	-	-7.92
Net Income	739.23	582.43	266.6	275.08
Net Income to Common	739.23	582.43	266.6	275.08
Net Income Growth	-	118.47%	-3.08%	-
Shares Outstanding (Basic)	139	82	50	50
Shares Outstanding (Diluted)	139	82	50	50
Shares Change (YoY)	-	64.93%	-	-
EPS (Basic)	5.33	7.06	5.33	5.50
EPS (Diluted)	5.33	7.06	5.33	5.50
EPS Growth	-	32.46%	-3.08%	-
Free Cash Flow	480.83	222.05	64.45	188.86
Free Cash Flow Per Share	3.47	2.69	1.29	3.78
Gross Margin	91.68%	91.03%	89.35%	84.40%
Operating Margin	66.83%	65.45%	53.73%	41.69%
Profit Margin	56.10%	51.75%	30.03%	34.11%
Free Cash Flow Margin	36.49%	19.73%	7.26%	23.42%
EBITDA	900.82	756.18	498.29	377.58
EBITDA Margin	68.36%	67.18%	56.12%	46.82%
D&A For EBITDA	20.21	19.46	21.24	41.4
EBIT	880.61	736.72	477.05	336.18
EBIT Margin	66.83%	65.45%	53.73%	41.69%
Advertising Expenses	-	3.64	8.96	10.66

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