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	1,175	887.85	806.38
Revenue Growth (YoY)	19.57%	32.30%	10.10%	-
Cost of Revenue	125.22	105.37	94.57	125.77
Gross Profit	1,279	1,069	793.28	680.61
Selling, General & Admin	201.96	190.12	11.43	10.88
Research & Development	159.52	141.39	-	-
Other Operating Expenses	-39.42	-3.98	384.76	360.35
Operating Expenses	322.06	327.53	396.19	371.23
Operating Income	957.16	741.67	397.09	309.38
Interest Expense	-11.38	-38.43	-	-
Interest & Investment Income	98.27	18.32	-	-
Currency Exchange Gain (Loss)	3.21	0.92	-	-
Other Non Operating Income (Expenses)	-176.49	-112.45	-130.49	-42.23
EBT Excluding Unusual Items	870.78	610.03	266.6	267.15
Gain (Loss) on Sale of Investments	-0.01	-	-	-
Legal Settlements	-2.61	-2.24	-	-
Pretax Income	868.16	607.8	266.6	267.15
Income Tax Expense	-	-	-	-7.92
Net Income	868.16	607.8	266.6	275.08
Net Income to Common	868.16	607.8	266.6	275.08
Net Income Growth	42.84%	127.98%	-3.08%	-
Shares Outstanding (Basic)	125	82	-	-
Shares Outstanding (Diluted)	125	82	-	-
Shares Change (YoY)	51.58%	-	-	-
EPS (Basic)	6.95	7.37	-	-
EPS (Diluted)	6.95	7.37	-	-
EPS Growth	-5.77%	-	-	-
Free Cash Flow	963.18	611.81	-	-
Free Cash Flow Per Share	7.71	7.42	-	-
Gross Margin	91.08%	91.03%	89.35%	84.40%
Operating Margin	68.15%	63.14%	44.73%	38.37%
Profit Margin	61.82%	51.75%	30.03%	34.11%
Free Cash Flow Margin	68.58%	52.09%	-	-
EBITDA	977.61	761.98	-	-
EBITDA Margin	69.61%	64.87%	-	-
D&A For EBITDA	20.45	20.31	-	-
EBIT	957.16	741.67	397.09	309.38
EBIT Margin	68.15%	63.14%	44.73%	38.37%
Advertising Expenses	-	-	8.96	10.66

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