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	Jun '25 Jun 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	422.07	442.64	790.54	669.11	163.74	56.82
Revenue Growth (YoY)	-45.23%	-44.01%	18.15%	308.64%	188.19%	-
Cost of Revenue	349.9	342.93	602.95	533.63	148.64	50.88
Gross Profit	72.17	99.71	187.59	135.48	15.1	5.94
Selling, General & Admin	26.61	29.14	29.03	20.03	4.47	3.02
Other Operating Expenses	-56.76	-37.27	-17.01	2.19	1.48	-5.25
Operating Expenses	-31.07	-8.13	12.02	22.45	5.96	-2.24
Operating Income	103.24	107.84	175.57	113.02	9.14	8.18
Interest Expense	-185.97	-182.47	-123.25	-45.55	-11.85	-6.8
Interest & Investment Income	42.06	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)	-49.96	-66.48	-90.67	-51.33	-1.31	0
EBT Excluding Unusual Items	-90.76	-108.89	13.69	33.56	3.57	2.35
Gain (Loss) on Sale of Investments	0.75	0.31	3.63	-	-	-
Asset Writedown	-9.2	-9.2	-	-4.06	-	-
Legal Settlements	-	-	-	-	0.01	-
Pretax Income	-99.21	-117.77	17.32	29.5	3.58	2.35
Income Tax Expense	5.04	-15.29	62.42	36.82	1.04	0.32
Net Income	-104.25	-102.49	-45.11	-7.32	2.54	2.02
Net Income to Common	-104.25	-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)	3.02%	-	-	-	94.86%	-
EPS (Basic)	-1.30	-1.28	-0.56	-0.09	0.03	0.05
EPS (Diluted)	-1.30	-1.28	-0.56	-0.09	0.03	0.05
EPS Growth	-	-	-	-	-35.67%	-
Free Cash Flow	176.22	181.3	102.07	-390.65	-14.31	0.36
Free Cash Flow Per Share	2.20	2.27	1.28	-4.88	-0.18	0.01
Dividend Per Share	-	-	-	0.188	-	-
Gross Margin	17.10%	22.53%	23.73%	20.25%	9.22%	10.45%
Operating Margin	24.46%	24.36%	22.21%	16.89%	5.58%	14.39%
Profit Margin	-24.70%	-23.15%	-5.71%	-1.09%	1.55%	3.56%
Free Cash Flow Margin	41.75%	40.96%	12.91%	-58.38%	-8.74%	0.63%
EBITDA	114.98	121.2	185.36	119.35	11.53	9.12
EBITDA Margin	27.24%	27.38%	23.45%	17.84%	7.04%	16.06%
D&A For EBITDA	11.74	13.35	9.79	6.33	2.39	0.95
EBIT	103.24	107.84	175.57	113.02	9.14	8.18
EBIT Margin	24.46%	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 Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.