IST:OBASE Income Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	740.17	592.57	343.42	104.77
Revenue Growth (YoY)	24.91%	72.55%	227.79%	-
Cost of Revenue	637.58	550.39	301.95	80.82
Gross Profit	102.59	42.19	41.47	23.95
Selling, General & Admin	90.44	97.28	57.78	12.66
Research & Development	19.91	-	0.23	-
Other Operating Expenses	-12.12	-4.8	-2.01	-0.55
Operating Expenses	98.23	92.47	56.01	12.11
Operating Income	4.37	-50.29	-14.53	11.84
Interest Expense	-17.58	-8.3	-7.58	-1.54
Interest & Investment Income	34.62	46.91	25.12	1.22
Currency Exchange Gain (Loss)	2.57	19.47	11.19	3.63
Other Non Operating Income (Expenses)	-34.35	-70.45	-24.96	-
EBT Excluding Unusual Items	-10.37	-62.67	-10.77	15.15
Gain (Loss) on Sale of Investments	-	-2.03	-0	-
Pretax Income	-10.37	-64.7	-10.77	15.15
Income Tax Expense	38.98	-23.55	-5.55	-2.38
Earnings From Continuing Operations	-49.35	-41.15	-5.22	17.53
Minority Interest in Earnings	0.18	0.46	1.01	0.45
Net Income	-49.17	-40.7	-4.21	17.97
Net Income to Common	-49.17	-40.7	-4.21	17.97
Shares Outstanding (Basic)	46	46	46	46
Shares Outstanding (Diluted)	46	46	46	46
EPS (Basic)	-1.08	-0.89	-0.09	0.39
EPS (Diluted)	-1.08	-0.89	-0.09	0.39
Free Cash Flow	97.43	38.87	44.99	20.4
Free Cash Flow Per Share	2.14	0.85	0.99	0.45
Gross Margin	13.86%	7.12%	12.08%	22.86%
Operating Margin	0.59%	-8.49%	-4.23%	11.30%
Profit Margin	-6.64%	-6.87%	-1.23%	17.15%
Free Cash Flow Margin	13.16%	6.56%	13.10%	19.47%
EBITDA	9.6	-44.41	-10.32	12.52
EBITDA Margin	1.30%	-7.49%	-3.01%	11.95%
D&A For EBITDA	5.24	5.88	4.21	0.68
EBIT	4.37	-50.29	-14.53	11.84
EBIT Margin	0.59%	-8.49%	-4.23%	11.30%
Advertising Expenses	4.8	7.31	4.81	1.79

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