IST:PNSUT 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	15,849	17,668	15,683	11,077	2,682
Revenue Growth (YoY)	-10.30%	12.66%	41.58%	313.02%	32.21%
Cost of Revenue	14,312	16,655	14,988	10,261	2,350
Gross Profit	1,537	1,013	694.96	815.92	331.68
Selling, General & Admin	1,519	1,615	1,210	771.5	219.18
Research & Development	125.06	121.28	75.23	40.92	11.02
Other Operating Expenses	54.12	27.4	41.95	9.43	4.87
Operating Expenses	1,698	1,764	1,327	821.85	235.07
Operating Income	-161.33	-751.01	-632.39	-5.93	96.61
Interest Expense	-2,290	-3,150	-1,157	-402.28	-86.44
Interest & Investment Income	1,074	1,425	526.03	116.89	14.84
Earnings From Equity Investments	-259.67	-135.04	197.18	131.77	32.46
Currency Exchange Gain (Loss)	-270.01	145.05	408.06	216.36	68.44
Other Non Operating Income (Expenses)	764.03	259.96	761.25	267.82	-1.77
EBT Excluding Unusual Items	-1,144	-2,206	102.85	324.63	124.14
Gain (Loss) on Sale of Investments	-39.43	-0.08	-7.86	-10.29	-3.81
Pretax Income	-1,183	-2,206	94.99	314.34	120.34
Income Tax Expense	-241.56	8.78	-316.12	-116.13	2.99
Net Income	-941.75	-2,215	411.12	430.48	117.34
Net Income to Common	-941.75	-2,215	411.12	430.48	117.34
Net Income Growth	-	-	-4.50%	266.85%	191.99%
Shares Outstanding (Basic)	315	315	315	315	315
Shares Outstanding (Diluted)	315	315	315	315	315
EPS (Basic)	-2.99	-7.04	1.31	1.37	0.37
EPS (Diluted)	-2.99	-7.04	1.31	1.37	0.37
EPS Growth	-	-	-4.50%	266.85%	191.99%
Free Cash Flow	-359.07	533.33	-62.42	173.49	-14.67
Free Cash Flow Per Share	-1.14	1.70	-0.20	0.55	-0.05
Gross Margin	9.70%	5.73%	4.43%	7.37%	12.37%
Operating Margin	-1.02%	-4.25%	-4.03%	-0.05%	3.60%
Profit Margin	-5.94%	-12.53%	2.62%	3.89%	4.38%
Free Cash Flow Margin	-2.27%	3.02%	-0.40%	1.57%	-0.55%
EBITDA	390	-264.68	-298.44	221.63	146.52
EBITDA Margin	2.46%	-1.50%	-1.90%	2.00%	5.46%
D&A For EBITDA	551.32	486.33	333.95	227.56	49.92
EBIT	-161.33	-751.01	-632.39	-5.93	96.61
EBIT Margin	-1.02%	-4.25%	-4.03%	-0.05%	3.60%
Effective Tax Rate	-	-	-	-	2.49%
Advertising Expenses	219.04	307.08	278.24	194.05	63.29

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