IST:PGSUS 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	154,128	111,823	70,532	42,732	10,664
Revenue Growth (YoY)	37.83%	58.54%	65.05%	300.70%	122.01%
Cost of Revenue	127,932	86,887	53,713	31,156	10,547
Gross Profit	26,196	24,935	16,818	11,577	117.54
Selling, General & Admin	8,115	5,192	2,996	1,943	662.99
Other Operating Expenses	482.99	294.53	140.22	130.63	-2.14
Operating Expenses	8,598	5,487	3,136	2,073	660.86
Operating Income	17,597	19,449	13,682	9,504	-543.32
Interest Expense	-9,054	-7,992	-5,122	-2,039	-1,060
Interest & Investment Income	5,802	3,769	2,119	774.79	198.68
Earnings From Equity Investments	138.57	93.15	19.85	19.3	10.89
Currency Exchange Gain (Loss)	2,602	-1,853	352.47	-930.53	-466.57
Other Non Operating Income (Expenses)	-2,248	-1,490	-869.55	-646.39	-172.57
EBT Excluding Unusual Items	14,837	11,976	10,182	6,682	-2,033
Gain (Loss) on Sale of Investments	-1.5	-53.67	-67.43	-63.01	-23.68
Pretax Income	14,836	11,922	10,115	6,619	-2,057
Income Tax Expense	1,086	-1,363	-10,793	-481.2	-84.31
Earnings From Continuing Operations	13,750	13,285	20,908	7,100	-1,972
Net Income	13,750	13,285	20,908	7,100	-1,972
Net Income to Common	13,750	13,285	20,908	7,100	-1,972
Net Income Growth	3.50%	-36.46%	194.47%	-	-
Shares Outstanding (Basic)	500	500	500	500	500
Shares Outstanding (Diluted)	500	500	500	500	500
EPS (Basic)	27.50	26.57	41.82	14.20	-3.94
EPS (Diluted)	27.50	26.57	41.82	14.20	-3.94
EPS Growth	3.50%	-36.46%	194.47%	-	-
Free Cash Flow	32,243	29,040	20,177	14,884	3,511
Free Cash Flow Per Share	64.49	58.08	40.35	29.77	7.02
Gross Margin	17.00%	22.30%	23.84%	27.09%	1.10%
Operating Margin	11.42%	17.39%	19.40%	22.24%	-5.10%
Profit Margin	8.92%	11.88%	29.64%	16.61%	-18.50%
Free Cash Flow Margin	20.92%	25.97%	28.61%	34.83%	32.92%
EBITDA	19,937	20,910	14,267	9,831	-315.15
EBITDA Margin	12.93%	18.70%	20.23%	23.01%	-2.96%
D&A For EBITDA	2,339	1,462	584.42	327.24	228.16
EBIT	17,597	19,449	13,682	9,504	-543.32
EBIT Margin	11.42%	17.39%	19.40%	22.24%	-5.10%
Effective Tax Rate	7.32%	-	-	-	-
Advertising Expenses	1,196	654.08	435.38	140.91	47.4

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