IST:ODINE Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,884	1,200	771.26	328.07	195.13
Revenue Growth (YoY)	57.00%	55.55%	135.09%	68.13%	-
Cost of Revenue	1,578	577.91	386.75	161.34	114.05
Gross Profit	305.36	621.8	384.51	166.73	81.08
Selling, General & Admin	315.93	139.23	90.18	35.19	19.34
Research & Development	178.6	115.38	61.09	25.43	16.47
Other Operating Expenses	-31.81	-2.8	9.69	1.33	-0.05
Operating Expenses	462.72	251.81	165.76	62.28	35.9
Operating Income	-157.36	369.98	218.75	104.46	45.17
Interest Expense	-21.32	-5.95	-21.85	-15.88	-2.1
Interest & Investment Income	152.44	138.7	44	38.69	2.43
Currency Exchange Gain (Loss)	66.67	-88.18	15.55	20.88	20.71
Other Non Operating Income (Expenses)	-1.79	-0.22	-1.55	-0.36	1.49
EBT Excluding Unusual Items	38.64	414.34	254.9	147.79	67.7
Gain (Loss) on Sale of Investments	-6.41	-0	-0.48	-2	-
Pretax Income	32.23	414.33	254.42	145.79	67.7
Income Tax Expense	8.24	12.19	4.03	10.2	12.01
Earnings From Continuing Operations	23.99	402.14	250.39	135.59	55.69
Minority Interest in Earnings	-7.73	-0.01	-0.11	0.13	-0.02
Net Income	16.26	402.14	250.27	135.71	55.68
Net Income to Common	16.26	402.14	250.27	135.71	55.68
Net Income Growth	-95.96%	60.68%	84.41%	143.75%	-
Shares Outstanding (Basic)	111	106	83	3	3
Shares Outstanding (Diluted)	111	106	83	3	3
Shares Change (YoY)	4.60%	26.82%	3067.34%	-	-
EPS (Basic)	0.15	3.81	3.00	51.60	21.17
EPS (Diluted)	0.15	3.81	3.00	51.60	21.17
EPS Growth	-96.13%	26.70%	-94.18%	143.74%	-
Free Cash Flow	129.46	-215.64	259.71	-145.2	135.95
Free Cash Flow Per Share	1.17	-2.04	3.12	-55.21	51.69
Gross Margin	16.21%	51.83%	49.85%	50.82%	41.55%
Operating Margin	-8.36%	30.84%	28.36%	31.84%	23.15%
Profit Margin	0.86%	33.52%	32.45%	41.37%	28.53%
Free Cash Flow Margin	6.87%	-17.97%	33.67%	-44.26%	69.67%
EBITDA	-138	376.2	221.88	106.87	47.17
EBITDA Margin	-7.33%	31.36%	28.77%	32.58%	24.17%
D&A For EBITDA	19.36	6.22	3.13	2.42	1.99
EBIT	-157.36	369.98	218.75	104.46	45.17
EBIT Margin	-8.35%	30.84%	28.36%	31.84%	23.15%
Effective Tax Rate	25.56%	2.94%	1.58%	7.00%	17.74%
Advertising Expenses	14.71	19.22	12.08	2.74	0.58

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.