IST:PINSU 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	2,686	2,561	1,743	1,108	323.18
Revenue Growth (YoY)	4.87%	46.92%	57.33%	242.89%	47.02%
Cost of Revenue	1,365	1,320	994.84	739.25	201.05
Gross Profit	1,321	1,241	748.54	368.89	122.13
Selling, General & Admin	1,216	1,097	671.97	447.05	126.8
Research & Development	7.93	7.21	3.9	2	0.66
Other Operating Expenses	40.68	73.33	-0.04	-4.89	1.82
Operating Expenses	1,265	1,178	675.83	444.16	129.28
Operating Income	56.11	63.07	72.71	-75.27	-7.15
Interest Expense	-250.37	-241.62	-154.51	-95.2	-41.55
Interest & Investment Income	45.59	50.78	10.68	7.61	2.52
Currency Exchange Gain (Loss)	-40.67	-27.98	-62.08	-25.88	-12.68
Other Non Operating Income (Expenses)	136.39	257.02	291.39	298.97	-5.74
EBT Excluding Unusual Items	-52.95	101.27	158.19	110.23	-64.61
Gain (Loss) on Sale of Investments	-7.1	-0.37	-25.68	-13.83	-1.31
Pretax Income	-60.05	100.9	133.46	96.4	-65.92
Income Tax Expense	-64.34	55.84	-158.95	26.03	-2.13
Net Income	4.29	45.06	292.41	70.38	-63.78
Net Income to Common	4.29	45.06	292.41	70.38	-63.78
Net Income Growth	-90.48%	-84.59%	315.49%	-	-
Shares Outstanding (Basic)	284	284	284	284	172
Shares Outstanding (Diluted)	284	284	284	284	172
Shares Change (YoY)	-	-	-	65.49%	27.93%
EPS (Basic)	0.02	0.16	1.03	0.25	-0.37
EPS (Diluted)	0.02	0.16	1.03	0.25	-0.37
EPS Growth	-90.48%	-84.59%	315.49%	-	-
Free Cash Flow	266.97	255.59	107.06	15.77	14.64
Free Cash Flow Per Share	0.94	0.90	0.38	0.06	0.09
Gross Margin	49.17%	48.45%	42.94%	33.29%	37.79%
Operating Margin	2.09%	2.46%	4.17%	-6.79%	-2.21%
Profit Margin	0.16%	1.76%	16.77%	6.35%	-19.74%
Free Cash Flow Margin	9.94%	9.98%	6.14%	1.42%	4.53%
EBITDA	236.41	221.95	194.86	7.02	13.89
EBITDA Margin	8.80%	8.67%	11.18%	0.63%	4.30%
D&A For EBITDA	180.29	158.89	122.15	82.29	21.04
EBIT	56.11	63.07	72.71	-75.27	-7.15
EBIT Margin	2.09%	2.46%	4.17%	-6.79%	-2.21%
Effective Tax Rate	-	55.34%	-	27.00%	-
Advertising Expenses	108.44	50.97	21.39	20.61	11.79

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.