IST:REEDR 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	1,811	3,455	3,822	1,821	451.39
Revenue Growth (YoY)	-47.57%	-9.61%	109.87%	303.45%	88.98%
Cost of Revenue	955.13	1,534	1,512	890.19	338.73
Gross Profit	856.35	1,920	2,310	930.91	112.65
Selling, General & Admin	1,195	1,476	867.9	237.56	39.97
Research & Development	25.63	39.61	11.13	6.69	0.31
Other Operating Expenses	39.17	-54.89	91.49	39.03	4.06
Operating Expenses	1,259	1,461	970.52	283.28	44.34
Operating Income	-403.12	459.49	1,339	647.63	68.31
Interest Expense	-482.13	-1,176	-448.73	-221.61	-6.46
Interest & Investment Income	275.71	912.64	449.78	352.88	32.75
Earnings From Equity Investments	1.26	-60.75	-32.66	18.23	-
Currency Exchange Gain (Loss)	132.14	115.1	290.6	159.14	33.66
Other Non Operating Income (Expenses)	-826.49	-1,067	-355.29	-225.64	-0.01
EBT Excluding Unusual Items	-1,303	-816.02	1,243	730.63	128.24
Gain (Loss) on Sale of Investments	-29.15	-83.24	-1.75	-306.9	-24.21
Legal Settlements	-7.7	-8.35	-0.17	-	-
Pretax Income	-1,339	-907.6	1,241	423.73	104.03
Income Tax Expense	-69.79	308.06	-69.66	2.26	0.23
Earnings From Continuing Operations	-1,270	-1,216	1,311	421.46	103.81
Minority Interest in Earnings	252.61	-67.38	-55.38	-9.18	0
Net Income	-1,017	-1,283	1,255	412.28	103.81
Net Income to Common	-1,017	-1,283	1,255	412.28	103.81
Net Income Growth	-	-	204.46%	297.15%	206.63%
Shares Outstanding (Basic)	950	950	841	484	0
Shares Outstanding (Diluted)	950	950	841	484	0
Shares Change (YoY)	-	12.96%	73.84%	604642.47%	-
EPS (Basic)	-1.07	-1.35	1.49	0.85	1297.61
EPS (Diluted)	-1.07	-1.35	1.49	0.85	1297.61
EPS Growth	-	-	75.14%	-99.93%	206.63%
Free Cash Flow	24.35	-1,663	-1,076	-956.62	-146.51
Free Cash Flow Per Share	0.03	-1.75	-1.28	-1.98	-1831.31
Gross Margin	47.27%	55.59%	60.43%	51.12%	24.96%
Operating Margin	-22.25%	13.30%	35.04%	35.56%	15.13%
Profit Margin	-56.15%	-37.14%	32.84%	22.64%	23.00%
Free Cash Flow Margin	1.34%	-48.13%	-28.14%	-52.53%	-32.46%
EBITDA	-145.16	669.74	1,443	667.13	71.46
EBITDA Margin	-8.01%	19.39%	37.77%	36.63%	15.83%
D&A For EBITDA	257.96	210.25	104.22	19.5	3.15
EBIT	-403.12	459.49	1,339	647.63	68.31
EBIT Margin	-22.25%	13.30%	35.04%	35.56%	15.13%
Effective Tax Rate	-	-	-	0.53%	0.22%
Advertising Expenses	126.43	227.85	139.5	28.43	7.31

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