IST:REEDR 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	2,639	3,822	1,821	451.39	238.86
Revenue Growth (YoY)	-30.94%	109.87%	303.45%	88.98%	-
Cost of Revenue	1,172	1,512	890.19	338.73	190.09
Gross Profit	1,467	2,310	930.91	112.65	48.77
Selling, General & Admin	1,128	867.9	237.56	39.97	14.95
Research & Development	30.26	11.13	6.69	0.31	-
Other Operating Expenses	-41.93	91.49	39.03	4.06	0.02
Operating Expenses	1,116	970.52	283.28	44.34	14.96
Operating Income	351.04	1,339	647.63	68.31	33.81
Interest Expense	-875.95	-448.73	-221.61	-6.46	-4.45
Interest & Investment Income	697.24	449.78	352.88	32.75	2.36
Earnings From Equity Investments	-46.41	-32.66	18.23	-	-
Currency Exchange Gain (Loss)	87.93	290.6	159.14	33.66	2.46
Other Non Operating Income (Expenses)	-837.28	-355.29	-225.64	-0.01	-0.04
EBT Excluding Unusual Items	-623.42	1,243	730.63	128.24	34.14
Gain (Loss) on Sale of Investments	-63.59	-1.75	-306.9	-24.21	-
Legal Settlements	-6.38	-0.17	-	-	-
Pretax Income	-693.4	1,241	423.73	104.03	34.14
Income Tax Expense	225.05	-69.66	2.26	0.23	0.28
Earnings From Continuing Operations	-918.44	1,311	421.46	103.81	33.86
Minority Interest in Earnings	-57.74	-55.38	-9.18	0	-
Net Income	-976.18	1,255	412.28	103.81	33.86
Net Income to Common	-976.18	1,255	412.28	103.81	33.86
Net Income Growth	-	204.46%	297.15%	206.63%	-
Shares Outstanding (Basic)	950	841	484	0	0
Shares Outstanding (Diluted)	950	841	484	0	0
Shares Change (YoY)	12.96%	73.84%	604642.47%	-	-
EPS (Basic)	-1.03	1.49	0.85	1297.61	423.19
EPS (Diluted)	-1.03	1.49	0.85	1297.61	423.19
EPS Growth	-	75.14%	-99.93%	206.63%	-
Free Cash Flow	-1,270	-1,076	-956.62	-146.51	8.89
Free Cash Flow Per Share	-1.34	-1.28	-1.98	-1831.31	111.09
Gross Margin	55.59%	60.43%	51.12%	24.96%	20.42%
Operating Margin	13.30%	35.04%	35.56%	15.13%	14.15%
Profit Margin	-36.98%	32.84%	22.64%	23.00%	14.17%
Free Cash Flow Margin	-48.13%	-28.14%	-52.53%	-32.46%	3.72%
EBITDA	511.93	1,443	667.13	71.46	34.23
EBITDA Margin	19.40%	37.77%	36.63%	15.83%	14.33%
D&A For EBITDA	160.89	104.22	19.5	3.15	0.42
EBIT	351.04	1,339	647.63	68.31	33.81
EBIT Margin	13.30%	35.04%	35.56%	15.13%	14.15%
Effective Tax Rate	-	-	0.53%	0.22%	0.82%
Advertising Expenses	174.08	139.5	28.43	7.31	1.27

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.