IST:OBASE 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	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	670.67	740.17	592.57	343.42	104.77
Revenue Growth (YoY)	-9.88%	24.91%	72.55%	227.79%	-
Cost of Revenue	567.54	637.58	550.39	301.95	80.82
Gross Profit	103.13	102.59	42.19	41.47	23.95
Selling, General & Admin	89.75	90.44	97.28	57.78	12.66
Research & Development	28.58	19.91	-	0.23	-
Other Operating Expenses	-8.3	-12.12	-4.8	-2.01	-0.55
Operating Expenses	110.03	98.23	92.47	56.01	12.11
Operating Income	-6.9	4.37	-50.29	-14.53	11.84
Interest Expense	-25.22	-17.58	-8.3	-7.58	-1.54
Interest & Investment Income	30.45	34.62	46.91	25.12	1.22
Currency Exchange Gain (Loss)	2.17	2.57	19.47	11.19	3.63
Other Non Operating Income (Expenses)	-13.86	-34.35	-70.45	-24.96	-
EBT Excluding Unusual Items	-13.36	-10.37	-62.67	-10.77	15.15
Gain (Loss) on Sale of Investments	-	-	-2.03	-0	-
Pretax Income	-13.36	-10.37	-64.7	-10.77	15.15
Income Tax Expense	35.81	38.98	-23.55	-5.55	-2.38
Earnings From Continuing Operations	-49.18	-49.35	-41.15	-5.22	17.53
Minority Interest in Earnings	0.06	0.18	0.46	1.01	0.45
Net Income	-49.11	-49.17	-40.7	-4.21	17.97
Net Income to Common	-49.11	-49.17	-40.7	-4.21	17.97
Shares Outstanding (Basic)	46	46	46	46	46
Shares Outstanding (Diluted)	46	46	46	46	46
EPS (Basic)	-1.08	-1.08	-0.89	-0.09	0.39
EPS (Diluted)	-1.08	-1.08	-0.89	-0.09	0.39
Free Cash Flow	70.47	97.43	38.87	44.99	20.4
Free Cash Flow Per Share	1.55	2.14	0.85	0.99	0.45
Gross Margin	15.38%	13.86%	7.12%	12.08%	22.86%
Operating Margin	-1.03%	0.59%	-8.49%	-4.23%	11.30%
Profit Margin	-7.32%	-6.64%	-6.87%	-1.23%	17.15%
Free Cash Flow Margin	10.51%	13.16%	6.56%	13.10%	19.47%
EBITDA	-27.64	9.6	-44.41	-10.32	12.52
EBITDA Margin	-4.12%	1.30%	-7.49%	-3.01%	11.95%
D&A For EBITDA	-20.73	5.24	5.88	4.21	0.68
EBIT	-6.9	4.37	-50.29	-14.53	11.84
EBIT Margin	-1.03%	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.