RUBNS Income Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,356	2,294	1,430	355.1
Revenue Growth (YoY)	41.80%	60.45%	302.70%	-
Cost of Revenue	1,843	1,830	1,110	258.99
Gross Profit	513.1	464.77	320.12	96.11
Selling, General & Admin	10.36	15.57	17.71	4.69
Other Operating Expenses	-22.84	-17.35	-13.32	-10.97
Operating Expenses	-12.48	-1.78	4.4	-6.28
Operating Income	525.57	466.56	315.72	102.39
Interest Expense	-121.58	-50.27	-35.86	-18.88
Interest & Investment Income	17.89	8.54	3.3	1.28
Currency Exchange Gain (Loss)	-6.74	-24.81	-13.01	-10.1
Other Non Operating Income (Expenses)	-341.34	-383.39	-111.35	-
EBT Excluding Unusual Items	73.81	16.62	158.8	74.69
Gain (Loss) on Sale of Investments	-	-	-179.42	-0.01
Pretax Income	73.81	16.62	-20.62	74.68
Income Tax Expense	-42.25	-36.15	-25.12	0.51
Net Income	116.05	52.77	4.49	74.17
Net Income to Common	116.05	52.77	4.49	74.17
Net Income Growth	-	1074.30%	-93.94%	-
Shares Outstanding (Basic)	75	75	75	50
Shares Outstanding (Diluted)	75	75	75	50
Shares Change (YoY)	8.82%	-	49.00%	-
EPS (Basic)	1.56	0.71	0.06	1.48
EPS (Diluted)	1.56	0.71	0.06	1.48
EPS Growth	-	1074.31%	-95.93%	-
Free Cash Flow	-213.96	-37.46	-714.08	-6.02
Free Cash Flow Per Share	-2.87	-0.50	-9.58	-0.12
Gross Margin	21.78%	20.26%	22.39%	27.07%
Operating Margin	22.31%	20.33%	22.08%	28.83%
Profit Margin	4.93%	2.30%	0.31%	20.89%
Free Cash Flow Margin	-9.08%	-1.63%	-49.94%	-1.69%
EBITDA	578.9	494.94	358.15	111.15
EBITDA Margin	24.57%	21.57%	25.05%	31.30%
D&A For EBITDA	53.33	28.38	42.43	8.76
EBIT	525.57	466.56	315.72	102.39
EBIT Margin	22.31%	20.33%	22.08%	28.83%
Effective Tax Rate	-	-	-	0.68%
Advertising Expenses	-	0.85	0.67	0.36

Source: S&P Capital IQ. Standard template. Financial Sources.