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	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	654.99	740.17	592.57	343.42	104.77
Revenue Growth (YoY)	-28.34%	24.91%	72.55%	227.79%	-
Cost of Revenue	488.13	637.58	550.39	301.95	80.82
Gross Profit	166.86	102.59	42.19	41.47	23.95
Selling, General & Admin	86.97	90.44	97.28	57.78	12.66
Research & Development	32.93	19.91	-	0.23	-
Other Operating Expenses	-5.27	-12.12	-4.8	-2.01	-0.55
Operating Expenses	114.63	98.23	92.47	56.01	12.11
Operating Income	52.23	4.37	-50.29	-14.53	11.84
Interest Expense	-46.06	-17.58	-8.3	-7.58	-1.54
Interest & Investment Income	27.81	34.62	46.91	25.12	1.22
Currency Exchange Gain (Loss)	5.6	2.57	19.47	11.19	3.63
Other Non Operating Income (Expenses)	12.26	-34.35	-70.45	-24.96	-
EBT Excluding Unusual Items	51.84	-10.37	-62.67	-10.77	15.15
Gain (Loss) on Sale of Investments	-	-	-2.03	-0	-
Pretax Income	51.84	-10.37	-64.7	-10.77	15.15
Income Tax Expense	35.74	38.98	-23.55	-5.55	-2.38
Earnings From Continuing Operations	16.11	-49.35	-41.15	-5.22	17.53
Minority Interest in Earnings	-0.01	0.18	0.46	1.01	0.45
Net Income	16.1	-49.17	-40.7	-4.21	17.97
Net Income to Common	16.1	-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)	0.35	-1.08	-0.89	-0.09	0.39
EPS (Diluted)	0.35	-1.08	-0.89	-0.09	0.39
Free Cash Flow	129.04	97.43	38.87	44.99	20.4
Free Cash Flow Per Share	2.84	2.14	0.85	0.99	0.45
Gross Margin	25.47%	13.86%	7.12%	12.08%	22.86%
Operating Margin	7.97%	0.59%	-8.49%	-4.23%	11.30%
Profit Margin	2.46%	-6.64%	-6.87%	-1.23%	17.15%
Free Cash Flow Margin	19.70%	13.16%	6.56%	13.10%	19.47%
EBITDA	-27.87	9.6	-44.41	-10.32	12.52
EBITDA Margin	-4.25%	1.30%	-7.49%	-3.01%	11.95%
D&A For EBITDA	-80.09	5.24	5.88	4.21	0.68
EBIT	52.23	4.37	-50.29	-14.53	11.84
EBIT Margin	7.97%	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.