IST:ORCAY 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	661.59	579.37	790.54	669.11	163.74
Revenue Growth (YoY)	14.19%	-26.71%	18.15%	308.64%	188.19%
Cost of Revenue	518.05	448.86	602.95	533.63	148.64
Gross Profit	143.54	130.52	187.59	135.48	15.1
Selling, General & Admin	44.76	38.14	29.03	20.03	4.47
Other Operating Expenses	-11.33	-48.78	-17.01	2.19	1.48
Operating Expenses	33.43	-10.64	12.02	22.45	5.96
Operating Income	110.11	141.15	175.57	113.02	9.14
Interest Expense	-238.55	-238.83	-123.25	-45.55	-11.85
Interest & Investment Income	51.58	42.34	51.95	17.38	7.58
Currency Exchange Gain (Loss)	-0.37	-0.17	0.09	0.04	-
Other Non Operating Income (Expenses)	-52.6	-87.01	-90.67	-51.33	-1.31
EBT Excluding Unusual Items	-129.82	-142.53	13.69	33.56	3.57
Gain (Loss) on Sale of Investments	1.04	0.41	3.63	-	-
Asset Writedown	-5.09	-12.04	-	-4.06	-
Legal Settlements	-	-	-	-	0.01
Pretax Income	-133.86	-154.15	17.32	29.5	3.58
Income Tax Expense	27.54	-20.01	62.42	36.82	1.04
Net Income	-161.4	-134.14	-45.11	-7.32	2.54
Net Income to Common	-161.4	-134.14	-45.11	-7.32	2.54
Net Income Growth	-	-	-	-	25.36%
Shares Outstanding (Basic)	111	80	80	80	80
Shares Outstanding (Diluted)	111	80	80	80	80
Shares Change (YoY)	38.36%	-	-	-	94.86%
EPS (Basic)	-1.46	-1.68	-0.56	-0.09	0.03
EPS (Diluted)	-1.46	-1.68	-0.56	-0.09	0.03
EPS Growth	-	-	-	-	-35.67%
Free Cash Flow	3.12	237.31	102.07	-390.65	-14.31
Free Cash Flow Per Share	0.03	2.97	1.28	-4.88	-0.18
Dividend Per Share	-	-	-	0.188	-
Gross Margin	21.70%	22.53%	23.73%	20.25%	9.22%
Operating Margin	16.64%	24.36%	22.21%	16.89%	5.58%
Profit Margin	-24.39%	-23.15%	-5.71%	-1.09%	1.55%
Free Cash Flow Margin	0.47%	40.96%	12.91%	-58.38%	-8.74%
EBITDA	133.18	158.63	185.36	119.35	11.53
EBITDA Margin	20.13%	27.38%	23.45%	17.84%	7.04%
D&A For EBITDA	23.07	17.48	9.79	6.33	2.39
EBIT	110.11	141.15	175.57	113.02	9.14
EBIT Margin	16.64%	24.36%	22.21%	16.89%	5.58%
Effective Tax Rate	-	-	360.49%	124.82%	29.10%
Advertising Expenses	0.88	1.1	0.4	0.41	-

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