IST:NTGAZ 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	7,951	5,731	5,835	7,004	696.36
Revenue Growth (YoY)	38.73%	-1.79%	-16.69%	905.75%	53.59%
Operations & Maintenance	-	99.46	50.11	35.8	7.29
Selling, General & Admin	955.44	597.34	492.5	350.26	68.35
Other Operating Expenses	5,772	4,271	4,741	5,238	564.57
Total Operating Expenses	6,728	4,967	5,284	5,624	640.21
Operating Income	1,223	763.43	551.55	1,380	56.16
Interest Expense	-69.36	-44.78	-30.73	-34.91	-12.51
Interest Income	-	89.08	138.89	46.2	12.95
Net Interest Expense	-69.36	44.3	108.16	11.3	0.44
Income (Loss) on Equity Investments	-0.35	-	-	-	-
Currency Exchange Gain (Loss)	-	-	-9.38	-5.9	-24.17
Other Non-Operating Income (Expenses)	319.31	-227.79	-476.2	-163.01	-2.2
EBT Excluding Unusual Items	1,473	579.95	174.13	1,222	30.23
Gain (Loss) on Sale of Investments	-3.11	-0.03	-	-	-
Pretax Income	1,470	579.92	174.13	1,222	30.23
Income Tax Expense	569.33	214.31	34.8	114.45	4.04
Earnings From Continuing Ops.	900.26	365.6	139.33	1,108	26.19
Minority Interest in Earnings	0.33	-	-	-	-
Net Income	900.6	365.6	139.33	1,108	26.19
Net Income to Common	900.6	365.6	139.33	1,108	26.19
Net Income Growth	146.33%	162.40%	-87.42%	4130.55%	-70.97%
Shares Outstanding (Basic)	690	690	690	690	671
Shares Outstanding (Diluted)	690	690	690	690	671
Shares Change (YoY)	0.02%	-	-	2.83%	11.84%
EPS (Basic)	1.30	0.53	0.20	1.61	0.04
EPS (Diluted)	1.30	0.53	0.20	1.61	0.04
EPS Growth	146.29%	162.40%	-87.42%	4016.77%	-74.05%
Free Cash Flow	464.9	216.04	462.62	424	76.29
Free Cash Flow Per Share	0.67	0.31	0.67	0.61	0.11
Dividend Per Share	-	0.580	0.464	-	0.052
Dividend Growth	-	24.99%	-	-	-
Profit Margin	11.33%	6.38%	2.39%	15.82%	3.76%
Free Cash Flow Margin	5.85%	3.77%	7.93%	6.05%	10.96%
EBITDA	1,706	983.56	838.39	1,547	79.71
EBITDA Margin	21.46%	17.16%	14.37%	22.09%	11.45%
D&A For EBITDA	483.29	220.12	286.84	167.09	23.55
EBIT	1,223	763.43	551.55	1,380	56.16
EBIT Margin	15.38%	13.32%	9.45%	19.70%	8.06%
Effective Tax Rate	38.74%	36.96%	19.98%	9.36%	13.37%

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