IST:ODINE 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	1,200	771.26	328.07	195.13
Revenue Growth (YoY)	55.55%	135.09%	68.13%	-
Cost of Revenue	577.91	386.75	161.34	114.05
Gross Profit	621.8	384.51	166.73	81.08
Selling, General & Admin	139.23	90.18	35.19	19.34
Research & Development	115.38	61.09	25.43	16.47
Other Operating Expenses	2.55	9.69	1.33	-0.05
Operating Expenses	251.81	165.76	62.28	35.9
Operating Income	369.98	218.75	104.46	45.17
Interest Expense	-5.95	-21.85	-15.88	-2.1
Interest & Investment Income	138.7	44	38.69	2.43
Currency Exchange Gain (Loss)	-88.18	15.55	20.88	20.71
Other Non Operating Income (Expenses)	-0.22	-1.55	-0.36	1.49
EBT Excluding Unusual Items	414.34	254.9	147.79	67.7
Gain (Loss) on Sale of Investments	-0	-0.48	-2	-
Pretax Income	414.33	254.42	145.79	67.7
Income Tax Expense	12.19	4.03	10.2	12.01
Earnings From Continuing Operations	402.14	250.39	135.59	55.69
Minority Interest in Earnings	-0.01	-0.11	0.13	-0.02
Net Income	402.14	250.27	135.71	55.68
Net Income to Common	402.14	250.27	135.71	55.68
Net Income Growth	60.68%	84.41%	143.75%	-
Shares Outstanding (Basic)	106	83	3	3
Shares Outstanding (Diluted)	106	83	3	3
Shares Change (YoY)	26.82%	3067.34%	-	-
EPS (Basic)	3.81	3.00	51.60	21.17
EPS (Diluted)	3.81	3.00	51.60	21.17
EPS Growth	26.70%	-94.18%	143.74%	-
Free Cash Flow	-215.64	259.71	-145.2	135.95
Free Cash Flow Per Share	-2.04	3.12	-55.21	51.69
Gross Margin	51.83%	49.85%	50.82%	41.55%
Operating Margin	30.84%	28.36%	31.84%	23.15%
Profit Margin	33.52%	32.45%	41.37%	28.53%
Free Cash Flow Margin	-17.97%	33.67%	-44.26%	69.67%
EBITDA	376.2	221.88	106.87	47.17
EBITDA Margin	31.36%	28.77%	32.58%	24.17%
D&A For EBITDA	6.22	3.13	2.42	1.99
EBIT	369.98	218.75	104.46	45.17
EBIT Margin	30.84%	28.36%	31.84%	23.15%
Effective Tax Rate	2.94%	1.58%	7.00%	17.74%
Advertising Expenses	19.22	12.08	2.74	0.58

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.