IST:PAMEL 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	61.03	66.65	78.46	49.99	9.22	8.24
Revenue Growth (YoY)	-34.93%	-15.05%	56.94%	442.42%	11.89%	7.13%
Operations & Maintenance	1.57	5.83	14.71	0.42	0.17	0.09
Selling, General & Admin	7.97	8.21	7.97	4.18	1.05	0.99
Other Operating Expenses	-35.79	-20.6	-102.86	7.37	-15.48	4.04
Total Operating Expenses	-26.25	-6.56	-80.18	11.97	-14.26	5.12
Operating Income	87.27	73.2	158.63	38.03	23.48	3.12
Interest Expense	-196.3	-164.76	-151.86	-14.79	-4.25	-0.23
Interest Income	0.48	0.85	4.73	127.9	0.04	0.01
Net Interest Expense	-195.81	-163.91	-147.13	113.11	-4.21	-0.23
Currency Exchange Gain (Loss)	-0.7	0.63	-12.57	-8.11	-14.83	-7.62
Other Non-Operating Income (Expenses)	41.11	40	117.49	42.51	-0.3	-0.12
EBT Excluding Unusual Items	-68.13	-50.07	116.42	185.54	4.14	-4.85
Gain (Loss) on Sale of Investments	-277.36	-277.36	-112.52	-2.07	-	-
Insurance Settlements	-	-	167.23	-	-	-
Legal Settlements	-	-	-	-	-	0.19
Other Unusual Items	-	-	-	-	-	4.17
Pretax Income	-345.49	-327.43	171.13	183.47	4.14	-0.49
Income Tax Expense	-75.74	23.98	-98.71	41.05	1.1	-3.34
Net Income	-269.76	-351.41	269.84	142.42	3.04	2.85
Net Income to Common	-269.76	-351.41	269.84	142.42	3.04	2.85
Net Income Growth	-	-	89.46%	4589.62%	6.40%	210.27%
Shares Outstanding (Basic)	31	31	31	31	28	17
Shares Outstanding (Diluted)	31	31	31	31	28	17
Shares Change (YoY)	-	-	-	12.78%	62.19%	-
EPS (Basic)	-8.68	-11.30	8.68	4.58	0.11	0.17
EPS (Diluted)	-8.68	-11.30	8.68	4.58	0.11	0.17
EPS Growth	-	-	89.46%	4058.20%	-34.39%	210.27%
Free Cash Flow	109.79	-87.88	26.7	3.17	-5.47	7.99
Free Cash Flow Per Share	3.53	-2.83	0.86	0.10	-0.20	0.47
Profit Margin	-442.03%	-527.29%	343.94%	284.90%	32.95%	34.65%
Free Cash Flow Margin	179.90%	-131.86%	34.03%	6.35%	-59.39%	97.01%
EBITDA	118.07	109.33	192.05	53.62	26.45	5.08
EBITDA Margin	193.48%	164.04%	244.79%	107.26%	286.94%	61.67%
D&A For EBITDA	30.8	36.12	33.42	15.6	2.97	1.96
EBIT	87.27	73.2	158.63	38.03	23.48	3.12
EBIT Margin	143.01%	109.84%	202.19%	76.06%	254.75%	37.88%
Effective Tax Rate	-	-	-	22.37%	26.58%	-

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