IST:ORCAY 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	FY 2020
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	Dec '20 Dec 31, 2020
Revenue	584.27	442.64	790.54	669.11	163.74	56.82
Revenue Growth (YoY)	20.65%	-44.01%	18.15%	308.64%	188.19%	-
Cost of Revenue	465.8	342.93	602.95	533.63	148.64	50.88
Gross Profit	118.47	99.71	187.59	135.48	15.1	5.94
Selling, General & Admin	37.39	29.14	29.03	20.03	4.47	3.02
Other Operating Expenses	-43.38	-37.27	-17.01	2.19	1.48	-5.25
Operating Expenses	-5.68	-8.13	12.02	22.45	5.96	-2.24
Operating Income	124.15	107.84	175.57	113.02	9.14	8.18
Interest Expense	-219.78	-182.47	-123.25	-45.55	-11.85	-6.8
Interest & Investment Income	-	32.35	51.95	17.38	7.58	0.97
Currency Exchange Gain (Loss)	-0.13	-0.13	0.09	0.04	-	-
Other Non Operating Income (Expenses)	10.55	-66.48	-90.67	-51.33	-1.31	0
EBT Excluding Unusual Items	-85.21	-108.89	13.69	33.56	3.57	2.35
Gain (Loss) on Sale of Investments	0.36	0.31	3.63	-	-	-
Asset Writedown	-9.2	-9.2	-	-4.06	-	-
Legal Settlements	-	-	-	-	0.01	-
Pretax Income	-94.05	-117.77	17.32	29.5	3.58	2.35
Income Tax Expense	9.5	-15.29	62.42	36.82	1.04	0.32
Net Income	-103.54	-102.49	-45.11	-7.32	2.54	2.02
Net Income to Common	-103.54	-102.49	-45.11	-7.32	2.54	2.02
Net Income Growth	-	-	-	-	25.36%	-
Shares Outstanding (Basic)	-	80	80	80	80	41
Shares Outstanding (Diluted)	-	80	80	80	80	41
Shares Change (YoY)	-	-	-	-	94.86%	-
EPS (Basic)	-	-1.28	-0.56	-0.09	0.03	0.05
EPS (Diluted)	-	-1.28	-0.56	-0.09	0.03	0.05
EPS Growth	-	-	-	-	-35.67%	-
Free Cash Flow	56.58	181.3	102.07	-390.65	-14.31	0.36
Free Cash Flow Per Share	-	2.27	1.28	-4.88	-0.18	0.01
Dividend Per Share	-	-	-	0.188	-	-
Gross Margin	20.28%	22.53%	23.73%	20.25%	9.22%	10.45%
Operating Margin	21.25%	24.36%	22.21%	16.89%	5.58%	14.39%
Profit Margin	-17.72%	-23.15%	-5.71%	-1.09%	1.55%	3.56%
Free Cash Flow Margin	9.68%	40.96%	12.91%	-58.38%	-8.74%	0.63%
EBITDA	135.53	121.2	185.36	119.35	11.53	9.12
EBITDA Margin	23.20%	27.38%	23.45%	17.84%	7.04%	16.06%
D&A For EBITDA	11.38	13.35	9.79	6.33	2.39	0.95
EBIT	124.15	107.84	175.57	113.02	9.14	8.18
EBIT Margin	21.25%	24.36%	22.21%	16.89%	5.58%	14.39%
Effective Tax Rate	-	-	360.49%	124.82%	29.10%	13.81%
Advertising Expenses	-	0.84	0.4	0.41	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.