Penguen Gida Sanayi A.S. 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	2,417	2,395	2,057	1,649	411	275.93
Revenue Growth (YoY)	-13.16%	16.43%	24.77%	301.16%	48.95%	56.45%
Cost of Revenue	2,361	2,375	1,885	1,587	317.07	220.24
Gross Profit	56.33	20.25	172.17	61.62	93.93	55.69
Selling, General & Admin	195.13	207.46	167.2	102.89	33.46	25.6
Other Operating Expenses	-28.16	-4.48	-4.08	-1.88	0.69	0.63
Operating Expenses	166.97	202.98	163.11	101.01	34.15	26.22
Operating Income	-110.63	-182.73	9.06	-39.39	59.77	29.47
Interest Expense	-145.42	-148.52	-172.94	-88.67	-9.84	-10.4
Interest & Investment Income	-	3.5	0.17	32.67	21.6	1.99
Currency Exchange Gain (Loss)	-188.43	-76.19	-32.7	-68.8	-42.18	-16.67
Other Non Operating Income (Expenses)	276.6	96.04	312.88	217.7	-3.92	-2.27
EBT Excluding Unusual Items	-167.88	-307.91	116.47	53.51	25.44	2.11
Gain (Loss) on Sale of Investments	-	-	-15.79	-15.88	-	-
Legal Settlements	-	-	-	-	-	-0.07
Pretax Income	-167.88	-307.91	100.68	37.62	25.44	2.04
Income Tax Expense	26.71	13.97	227.11	-48.81	-2.03	1.48
Earnings From Continuing Operations	-194.59	-321.88	-126.43	86.44	27.47	0.56
Minority Interest in Earnings	0	0	0.01	-0.03	0.01	-0
Net Income	-194.59	-321.88	-126.42	86.41	27.48	0.56
Net Income to Common	-194.59	-321.88	-126.42	86.41	27.48	0.56
Net Income Growth	-	-	-	214.42%	4847.13%	-
Shares Outstanding (Basic)	175	175	175	175	175	175
Shares Outstanding (Diluted)	175	175	175	175	175	175
Shares Change (YoY)	-	-	-	-	-	214.75%
EPS (Basic)	-1.11	-1.84	-0.72	0.49	0.16	0.00
EPS (Diluted)	-1.11	-1.84	-0.72	0.49	0.16	0.00
EPS Growth	-	-	-	214.42%	4847.80%	-
Free Cash Flow	109.78	222.71	-316.57	-59.18	-75.41	-76.09
Free Cash Flow Per Share	0.63	1.27	-1.81	-0.34	-0.43	-0.43
Gross Margin	2.33%	0.84%	8.37%	3.74%	22.85%	20.18%
Operating Margin	-4.58%	-7.63%	0.44%	-2.39%	14.54%	10.68%
Profit Margin	-8.05%	-13.44%	-6.15%	5.24%	6.69%	0.20%
Free Cash Flow Margin	4.54%	9.30%	-15.39%	-3.59%	-18.35%	-27.58%
EBITDA	-62.24	-136.7	46.98	-17.98	63.63	33.04
EBITDA Margin	-2.57%	-5.71%	2.28%	-1.09%	15.48%	11.97%
D&A For EBITDA	48.39	46.03	37.92	21.41	3.85	3.57
EBIT	-110.63	-182.73	9.06	-39.39	59.77	29.47
EBIT Margin	-4.58%	-7.63%	0.44%	-2.39%	14.54%	10.68%
Effective Tax Rate	-	-	225.57%	-	-	72.55%
Advertising Expenses	-	1.05	1.25	0.88	0.12	0.28

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.