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	0.56	-8.27	10.9	0.43	7.63
Operating Expenses	24.48	21.11	22.64	9.58	10.9
Operating Income	59.53	80.68	-0.72	-11.39	-7.23
Interest Expense	-17.63	-23.32	-	-1.53	-0.96
Interest & Investment Income	2.66	8.88	0.6	2.01	2.04
Currency Exchange Gain (Loss)	8.28	0.54	-28.27	7.22	-0.34
Other Non Operating Income (Expenses)	122.57	12.63	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	18	18
Shares Outstanding (Diluted)	18	18	18	18	18
EPS (Basic)	6.31	2.58	-1.25	-0.90	-0.21
EPS (Diluted)	6.31	2.58	-1.25	-0.90	-0.21
EPS Growth	144.21%	-	-	-	-
Free Cash Flow	99.37	21.57	1.25	0.16	0.39
Free Cash Flow Per Share	5.44	1.18	0.07	0.01	0.02
Gross Margin	24.46%	35.39%	22.62%	-2.82%	15.95%
Operating Margin	17.33%	28.05%	-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	68.36	84.53	1.2	-8.93	-6.81
EBITDA Margin	19.90%	29.39%	1.24%	-13.92%	-29.52%
D&A For EBITDA	8.83	3.85	1.93	2.46	0.42
EBIT	59.53	80.68	-0.72	-11.39	-7.23
EBIT Margin	17.33%	28.05%	-0.75%	-17.76%	-31.32%
Effective Tax Rate	11.14%	11.64%	-	-	-

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