IST:ORMA 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	3,428	3,410	4,625	3,676	957.07	508.61
Revenue Growth (YoY)	-23.58%	-26.27%	25.80%	284.14%	88.17%	9.28%
Cost of Revenue	2,983	2,953	3,705	2,885	721.91	379.66
Gross Profit	445.19	457.4	920.58	791.3	235.16	128.95
Selling, General & Admin	321.41	419.65	509.97	385.14	91.32	48.11
Other Operating Expenses	-6.14	17.73	-10.38	-46.14	-1.11	-10.09
Operating Expenses	315.27	437.38	499.59	339	90.2	38.02
Operating Income	129.92	20.02	420.99	452.3	144.96	90.92
Interest Expense	-487.75	-355.19	-451	-223.95	-112.17	-66.9
Interest & Investment Income	45.69	10.99	194.91	106.78	57.34	0.35
Earnings From Equity Investments	-7.84	-0.73	4.67	0.75	-0.37	0.12
Currency Exchange Gain (Loss)	-144.36	-92.86	-229.17	-290.33	-203.99	-75.43
Other Non Operating Income (Expenses)	159.15	263.7	824.53	713.17	-	-
EBT Excluding Unusual Items	-305.18	-154.08	764.93	758.71	-114.22	-50.94
Gain (Loss) on Sale of Investments	32.49	-	-	-290.04	-0	-0.01
Pretax Income	-272.7	-154.08	764.93	468.67	-114.23	-50.95
Income Tax Expense	120.48	-485.56	264.26	-193.77	-30.29	-6.89
Net Income	-393.17	331.48	500.67	662.43	-83.94	-44.06
Net Income to Common	-393.17	331.48	500.67	662.43	-83.94	-44.06
Net Income Growth	-	-33.79%	-24.42%	-	-	-
Shares Outstanding (Basic)	27	27	27	27	27	27
Shares Outstanding (Diluted)	27	27	27	27	27	27
EPS (Basic)	-14.45	12.19	18.41	24.35	-3.09	-1.62
EPS (Diluted)	-14.45	12.19	18.41	24.35	-3.09	-1.62
EPS Growth	-	-33.79%	-24.42%	-	-	-
Free Cash Flow	80.5	-206.88	289.31	-24.4	-454.59	39.03
Free Cash Flow Per Share	2.96	-7.61	10.64	-0.90	-16.71	1.44
Gross Margin	12.99%	13.41%	19.90%	21.52%	24.57%	25.35%
Operating Margin	3.79%	0.59%	9.10%	12.30%	15.15%	17.88%
Profit Margin	-11.47%	9.72%	10.82%	18.02%	-8.77%	-8.66%
Free Cash Flow Margin	2.35%	-6.07%	6.25%	-0.66%	-47.50%	7.67%
EBITDA	345.18	182.47	482.95	543.49	173.09	112.66
EBITDA Margin	10.07%	5.35%	10.44%	14.78%	18.09%	22.15%
D&A For EBITDA	215.26	162.45	61.96	91.18	28.13	21.73
EBIT	129.92	20.02	420.99	452.3	144.96	90.92
EBIT Margin	3.79%	0.59%	9.10%	12.30%	15.15%	17.88%
Effective Tax Rate	-	-	34.55%	-	-	-
Advertising Expenses	-	3.72	6.82	2.49	0.09	0.14

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