IST:OFSYM 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	18,465	20,776	16,534	14,663	3,169
Revenue Growth (YoY)	-11.13%	25.66%	12.75%	362.71%	143.92%
Cost of Revenue	16,304	18,118	14,739	13,432	2,882
Gross Profit	2,160	2,658	1,795	1,231	287.37
Selling, General & Admin	774.87	723.84	418.66	283.88	66.76
Other Operating Expenses	-239.88	-112.05	-32.1	-7.03	-8.29
Operating Expenses	534.99	611.79	386.55	276.85	58.47
Operating Income	1,625	2,046	1,408	954.09	228.9
Interest Expense	-988.42	-1,221	-700.91	-486.95	-96.61
Interest & Investment Income	582.99	619.07	382.39	168.63	67.75
Currency Exchange Gain (Loss)	-224.23	-75.72	-135.44	-63.86	-77.13
Other Non Operating Income (Expenses)	-385.88	-574.33	-641.71	-202.62	-
EBT Excluding Unusual Items	609.9	794.05	312.29	369.29	122.9
Gain (Loss) on Sale of Investments	-3.02	-25.69	-27.71	-12.99	-1.12
Pretax Income	606.87	768.36	284.57	356.3	121.87
Income Tax Expense	167.28	268.37	87.38	34.65	36.11
Earnings From Continuing Operations	439.59	499.99	197.2	321.66	85.76
Minority Interest in Earnings	-53.72	-33.25	-3.57	-5.8	-0.23
Net Income	385.87	466.74	193.62	315.86	85.53
Net Income to Common	385.87	466.74	193.62	315.86	85.53
Net Income Growth	-17.33%	141.06%	-38.70%	269.29%	55.09%
Shares Outstanding (Basic)	146	146	146	130	130
Shares Outstanding (Diluted)	146	146	146	130	130
Shares Change (YoY)	-	-	12.50%	-	-
EPS (Basic)	2.64	3.19	1.32	2.43	0.66
EPS (Diluted)	2.64	3.19	1.32	2.43	0.66
EPS Growth	-17.33%	141.06%	-45.51%	269.29%	55.09%
Free Cash Flow	-1,584	1,170	1,111	-103.03	-33.9
Free Cash Flow Per Share	-10.83	8.00	7.60	-0.79	-0.26
Dividend Per Share	-	0.836	-	-	-
Gross Margin	11.70%	12.79%	10.85%	8.39%	9.07%
Operating Margin	8.80%	9.85%	8.52%	6.51%	7.22%
Profit Margin	2.09%	2.25%	1.17%	2.15%	2.70%
Free Cash Flow Margin	-8.58%	5.63%	6.72%	-0.70%	-1.07%
EBITDA	1,791	2,134	1,460	985.92	232.56
EBITDA Margin	9.70%	10.27%	8.83%	6.72%	7.34%
D&A For EBITDA	165.44	88.28	52.44	31.83	3.66
EBIT	1,625	2,046	1,408	954.09	228.9
EBIT Margin	8.80%	9.85%	8.52%	6.51%	7.22%
Effective Tax Rate	27.56%	34.93%	30.70%	9.72%	29.63%
Advertising Expenses	5.44	1.54	-	1.75	0.29

Source: S&P Global Market Intelligence. Standard template. Financial Sources.