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	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	679.98	740.17	592.57	343.42	104.77
Revenue Growth (YoY)	-15.15%	24.91%	72.55%	227.79%	-
Cost of Revenue	539.06	637.58	550.39	301.95	80.82
Gross Profit	140.92	102.59	42.19	41.47	23.95
Selling, General & Admin	89.75	90.44	97.28	57.78	12.66
Research & Development	30.1	19.91	-	0.23	-
Other Operating Expenses	-6.64	-12.12	-4.8	-2.01	-0.55
Operating Expenses	113.21	98.23	92.47	56.01	12.11
Operating Income	27.71	4.37	-50.29	-14.53	11.84
Interest Expense	-35.96	-17.58	-8.3	-7.58	-1.54
Interest & Investment Income	29.26	34.62	46.91	25.12	1.22
Currency Exchange Gain (Loss)	5.48	2.57	19.47	11.19	3.63
Other Non Operating Income (Expenses)	-0.47	-34.35	-70.45	-24.96	-
EBT Excluding Unusual Items	26.03	-10.37	-62.67	-10.77	15.15
Gain (Loss) on Sale of Investments	-	-	-2.03	-0	-
Pretax Income	26.03	-10.37	-64.7	-10.77	15.15
Income Tax Expense	36.53	38.98	-23.55	-5.55	-2.38
Earnings From Continuing Operations	-10.5	-49.35	-41.15	-5.22	17.53
Minority Interest in Earnings	-0.16	0.18	0.46	1.01	0.45
Net Income	-10.67	-49.17	-40.7	-4.21	17.97
Net Income to Common	-10.67	-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)	-0.23	-1.08	-0.89	-0.09	0.39
EPS (Diluted)	-0.23	-1.08	-0.89	-0.09	0.39
Free Cash Flow	31.64	97.43	38.87	44.99	20.4
Free Cash Flow Per Share	0.69	2.14	0.85	0.99	0.45
Gross Margin	20.72%	13.86%	7.12%	12.08%	22.86%
Operating Margin	4.08%	0.59%	-8.49%	-4.23%	11.30%
Profit Margin	-1.57%	-6.64%	-6.87%	-1.23%	17.15%
Free Cash Flow Margin	4.65%	13.16%	6.56%	13.10%	19.47%
EBITDA	-13.37	9.6	-44.41	-10.32	12.52
EBITDA Margin	-1.97%	1.30%	-7.49%	-3.01%	11.95%
D&A For EBITDA	-41.08	5.24	5.88	4.21	0.68
EBIT	27.71	4.37	-50.29	-14.53	11.84
EBIT Margin	4.08%	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.