IST:SANEL 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	343.47	287.61	96.87	64.12	23.07
Revenue Growth (YoY)	19.42%	196.92%	51.07%	177.92%	-9.67%
Cost of Revenue	259.46	185.83	74.95	65.93	19.39
Gross Profit	84.01	101.79	21.92	-1.81	3.68
Selling, General & Admin	23.92	29.38	11.74	9.15	3.28
Other Operating Expenses	6.34	2.11	10.9	0.43	7.63
Operating Expenses	30.26	31.49	22.64	9.58	10.9
Operating Income	53.75	70.3	-0.72	-11.39	-7.23
Interest Expense	-0.92	-12.4	-	-1.53	-0.96
Interest & Investment Income	-	3.33	0.6	2.01	2.04
Currency Exchange Gain (Loss)	-	-	-28.27	7.22	-0.34
Other Non Operating Income (Expenses)	122.57	18.18	4.67	-2.06	-
EBT Excluding Unusual Items	175.41	79.4	-23.72	-5.75	-6.49
Gain (Loss) on Sale of Assets	-	-	0.72	-	-
Asset Writedown	-	-	-	-11.74	-
Legal Settlements	-	-	2.13	-	-
Pretax Income	175.41	79.4	-20.87	-17.48	-6.49
Income Tax Expense	19.53	9.24	0.68	5.86	-3.03
Earnings From Continuing Operations	155.87	70.16	-21.55	-23.34	-3.46
Minority Interest in Earnings	-40.73	-23.01	-1.23	6.93	-0.44
Net Income	115.14	47.15	-22.77	-16.41	-3.9
Net Income to Common	115.14	47.15	-22.77	-16.41	-3.9
Net Income Growth	144.21%	-	-	-	-
Shares Outstanding (Basic)	-	-	18	18	18
Shares Outstanding (Diluted)	-	-	18	18	18
EPS (Basic)	-	-	-1.25	-0.90	-0.21
EPS (Diluted)	-	-	-1.25	-0.90	-0.21
Free Cash Flow	99.37	21.57	1.25	0.16	0.39
Free Cash Flow Per Share	-	-	0.07	0.01	0.02
Gross Margin	24.46%	35.39%	22.62%	-2.82%	15.95%
Operating Margin	15.65%	24.44%	-0.75%	-17.76%	-31.32%
Profit Margin	33.52%	16.39%	-23.51%	-25.59%	-16.90%
Free Cash Flow Margin	28.93%	7.50%	1.29%	0.25%	1.67%
EBITDA	62.58	74.15	1.2	-8.93	-6.81
EBITDA Margin	18.22%	25.78%	1.24%	-13.92%	-29.52%
D&A For EBITDA	8.83	3.85	1.93	2.46	0.42
EBIT	53.75	70.3	-0.72	-11.39	-7.23
EBIT Margin	15.65%	24.44%	-0.75%	-17.76%	-31.32%
Effective Tax Rate	11.14%	11.64%	-	-	-

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