IST:PAMEL 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	79.47	66.65	78.46	49.99	9.22
Revenue Growth (YoY)	19.24%	-15.05%	56.94%	442.42%	11.89%
Operations & Maintenance	-	5.83	14.71	0.42	0.17
Selling, General & Admin	9.66	8.21	7.97	4.18	1.05
Other Operating Expenses	-15.48	-20.6	-102.86	7.37	-15.48
Total Operating Expenses	-5.82	-6.56	-80.18	11.97	-14.26
Operating Income	85.28	73.2	158.63	38.03	23.48
Interest Expense	-241.07	-164.76	-151.86	-14.79	-4.25
Interest Income	-	0.85	4.73	127.9	0.04
Net Interest Expense	-241.07	-163.91	-147.13	113.11	-4.21
Currency Exchange Gain (Loss)	-	0.63	-12.57	-8.11	-14.83
Other Non-Operating Income (Expenses)	68.58	40	117.49	42.51	-0.3
EBT Excluding Unusual Items	-87.2	-50.07	116.42	185.54	4.14
Gain (Loss) on Sale of Investments	-209.09	-277.36	-112.52	-2.07	-
Insurance Settlements	-	-	167.23	-	-
Pretax Income	-296.3	-327.43	171.13	183.47	4.14
Income Tax Expense	-6.77	23.98	-98.71	41.05	1.1
Net Income	-289.53	-351.41	269.84	142.42	3.04
Net Income to Common	-289.53	-351.41	269.84	142.42	3.04
Net Income Growth	-	-	89.46%	4589.62%	6.40%
Shares Outstanding (Basic)	31	31	31	31	28
Shares Outstanding (Diluted)	31	31	31	31	28
Shares Change (YoY)	0.00%	-	-	12.78%	62.19%
EPS (Basic)	-9.31	-11.30	8.68	4.58	0.11
EPS (Diluted)	-9.31	-11.30	8.68	4.58	0.11
EPS Growth	-	-	89.46%	4058.20%	-34.39%
Free Cash Flow	24.04	-87.88	26.7	3.17	-5.47
Free Cash Flow Per Share	0.77	-2.83	0.86	0.10	-0.20
Profit Margin	-364.35%	-527.29%	343.94%	284.90%	32.95%
Free Cash Flow Margin	30.25%	-131.86%	34.03%	6.35%	-59.39%
EBITDA	124.25	109.33	192.05	53.62	26.45
EBITDA Margin	156.36%	164.04%	244.79%	107.26%	286.94%
D&A For EBITDA	38.97	36.12	33.42	15.6	2.97
EBIT	85.28	73.2	158.63	38.03	23.48
EBIT Margin	107.32%	109.84%	202.19%	76.06%	254.75%
Effective Tax Rate	-	-	-	22.37%	26.58%

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