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	554.1	442.64	790.54	669.11	163.74	56.82
Revenue Growth (YoY)	7.71%	-44.01%	18.15%	308.64%	188.19%	-
Cost of Revenue	438.37	342.93	602.95	533.63	148.64	50.88
Gross Profit	115.73	99.71	187.59	135.48	15.1	5.94
Selling, General & Admin	33.82	29.14	29.03	20.03	4.47	3.02
Other Operating Expenses	-35.02	-37.27	-17.01	2.19	1.48	-5.25
Operating Expenses	-1.21	-8.13	12.02	22.45	5.96	-2.24
Operating Income	116.93	107.84	175.57	113.02	9.14	8.18
Interest Expense	-194.85	-182.47	-123.25	-45.55	-11.85	-6.8
Interest & Investment Income	33.5	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)	-32.92	-66.48	-90.67	-51.33	-1.31	0
EBT Excluding Unusual Items	-77.46	-108.89	13.69	33.56	3.57	2.35
Gain (Loss) on Sale of Investments	0.85	0.31	3.63	-	-	-
Asset Writedown	-9.76	-9.2	-	-4.06	-	-
Legal Settlements	-	-	-	-	0.01	-
Pretax Income	-86.37	-117.77	17.32	29.5	3.58	2.35
Income Tax Expense	7.85	-15.29	62.42	36.82	1.04	0.32
Net Income	-94.22	-102.49	-45.11	-7.32	2.54	2.02
Net Income to Common	-94.22	-102.49	-45.11	-7.32	2.54	2.02
Net Income Growth	-	-	-	-	25.36%	-
Shares Outstanding (Basic)	80	80	80	80	80	41
Shares Outstanding (Diluted)	80	80	80	80	80	41
Shares Change (YoY)	-	-	-	-	94.86%	-
EPS (Basic)	-1.18	-1.28	-0.56	-0.09	0.03	0.05
EPS (Diluted)	-1.18	-1.28	-0.56	-0.09	0.03	0.05
EPS Growth	-	-	-	-	-35.67%	-
Free Cash Flow	50.73	181.3	102.07	-390.65	-14.31	0.36
Free Cash Flow Per Share	0.63	2.27	1.28	-4.88	-0.18	0.01
Dividend Per Share	-	-	-	0.188	-	-
Gross Margin	20.89%	22.53%	23.73%	20.25%	9.22%	10.45%
Operating Margin	21.10%	24.36%	22.21%	16.89%	5.58%	14.39%
Profit Margin	-17.00%	-23.15%	-5.71%	-1.09%	1.55%	3.56%
Free Cash Flow Margin	9.16%	40.96%	12.91%	-58.38%	-8.74%	0.63%
EBITDA	126.76	121.2	185.36	119.35	11.53	9.12
EBITDA Margin	22.88%	27.38%	23.45%	17.84%	7.04%	16.06%
D&A For EBITDA	9.82	13.35	9.79	6.33	2.39	0.95
EBIT	116.93	107.84	175.57	113.02	9.14	8.18
EBIT Margin	21.10%	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.