IST:PASEU Income Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	1,490	1,025	1,022	295.85	56.67
Revenue Growth (YoY)	45.37%	0.28%	245.54%	422.06%	-
Cost of Revenue	1,172	859.88	794.73	261.38	42.56
Gross Profit	318.1	165.23	227.57	34.47	14.11
Selling, General & Admin	102.24	91.41	51.38	15.09	9.46
Other Operating Expenses	9.6	17.4	0.37	0.26	0.03
Operating Expenses	111.84	108.81	51.75	15.35	9.49
Operating Income	206.26	56.42	175.82	19.12	4.62
Interest Expense	-40.32	-23.24	-3.51	-0.9	-0.01
Interest & Investment Income	227.1	557.55	2.46	0.32	0.07
Currency Exchange Gain (Loss)	45.71	60.2	7.42	4.49	0.24
Other Non Operating Income (Expenses)	-191.13	-181.58	-38.28	-0.28	-0.06
EBT Excluding Unusual Items	247.62	469.35	143.91	22.75	4.85
Gain (Loss) on Sale of Investments	-	-	-	-	-1.49
Legal Settlements	-1.1	-1.28	-	-	-
Pretax Income	246.52	468.08	143.91	22.75	3.37
Income Tax Expense	41.28	127.71	39.11	6.48	0.77
Earnings From Continuing Operations	205.24	340.37	104.8	16.27	2.6
Minority Interest in Earnings	1.04	-	-	-	-
Net Income	206.28	340.37	104.8	16.27	2.6
Net Income to Common	206.28	340.37	104.8	16.27	2.6
Net Income Growth	-39.39%	224.78%	544.08%	525.79%	-
Shares Outstanding (Basic)	672	672	65	84	84
Shares Outstanding (Diluted)	672	672	65	84	84
Shares Change (YoY)	-	934.45%	-22.66%	-	-
EPS (Basic)	0.31	0.51	1.61	0.19	0.03
EPS (Diluted)	0.31	0.51	1.61	0.19	0.03
EPS Growth	-39.39%	-68.60%	732.83%	525.80%	-
Free Cash Flow	-171.02	-761.05	64.4	-12.61	0.67
Free Cash Flow Per Share	-0.26	-1.13	0.99	-0.15	0.01
Gross Margin	21.35%	16.12%	22.26%	11.65%	24.89%
Operating Margin	13.84%	5.50%	17.20%	6.46%	8.15%
Profit Margin	13.84%	33.20%	10.25%	5.50%	4.59%
Free Cash Flow Margin	-11.48%	-74.24%	6.30%	-4.26%	1.19%
EBITDA	218.52	64.22	179.13	19.61	4.73
EBITDA Margin	14.66%	6.26%	17.52%	6.63%	8.34%
D&A For EBITDA	12.26	7.8	3.32	0.49	0.11
EBIT	206.26	56.42	175.82	19.12	4.62
EBIT Margin	13.84%	5.50%	17.20%	6.46%	8.15%
Effective Tax Rate	16.74%	27.28%	27.18%	28.48%	22.77%
Advertising Expenses	4.35	3.02	1.32	1.28	0.28

Updated Mar 9, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.