IST:SASA 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	53,119	48,583	66,871	61,835	14,645
Revenue Growth (YoY)	9.34%	-27.35%	8.14%	322.23%	190.52%
Cost of Revenue	49,555	39,955	54,303	48,873	10,942
Gross Profit	3,564	8,627	12,569	12,963	3,703
Selling, General & Admin	3,523	2,470	2,789	2,457	577.05
Research & Development	50.28	97.82	33.29	17.8	8.55
Other Operating Expenses	-1,067	579.24	-1,179	-1,223	-8.8
Operating Expenses	2,507	3,147	1,643	1,252	576.8
Operating Income	1,057	5,480	10,925	11,711	3,126
Interest Expense	-50,153	-6,525	-10,340	-3,302	-445.09
Interest & Investment Income	919.26	214.66	329.45	88.79	56.86
Currency Exchange Gain (Loss)	-	-12,544	-27,115	-7,273	-3,842
Other Non Operating Income (Expenses)	30,250	30,311	26,383	10,389	-82.13
EBT Excluding Unusual Items	-17,926	16,936	182.23	11,614	-1,187
Gain (Loss) on Sale of Investments	-159.76	-36.62	-	-0.82	-1.13
Legal Settlements	-	-18.83	-5.96	-	-
Pretax Income	-18,086	17,143	176.27	11,613	-1,188
Income Tax Expense	3,900	-1,136	-26,089	-11,141	-1,885
Net Income	-21,986	18,279	26,266	22,754	697.44
Preferred Dividends & Other Adjustments	-	-	-	0	-
Net Income to Common	-21,986	18,279	26,266	22,754	697.44
Net Income Growth	-	-30.41%	15.43%	3162.51%	123.40%
Shares Outstanding (Basic)	-	-	33,286	33,285	41,216
Shares Outstanding (Diluted)	-	-	33,286	33,285	41,216
Shares Change (YoY)	-	-	0.00%	-19.24%	7.51%
EPS (Basic)	-	-	0.79	0.68	0.02
EPS (Diluted)	-	-	0.79	0.68	0.02
EPS Growth	-	-	15.43%	3939.96%	107.80%
Free Cash Flow	-3,246	-18,849	-31,724	-17,996	-1,663
Free Cash Flow Per Share	-	-	-0.95	-0.54	-0.04
Gross Margin	6.71%	17.76%	18.80%	20.96%	25.28%
Operating Margin	1.99%	11.28%	16.34%	18.94%	21.34%
Profit Margin	-41.39%	37.63%	39.28%	36.80%	4.76%
Free Cash Flow Margin	-6.11%	-38.80%	-47.44%	-29.10%	-11.35%
EBITDA	7,602	7,217	12,593	12,833	3,368
EBITDA Margin	14.31%	14.85%	18.83%	20.75%	23.00%
D&A For EBITDA	6,545	1,737	1,668	1,122	242.34
EBIT	1,057	5,480	10,925	11,711	3,126
EBIT Margin	1.99%	11.28%	16.34%	18.94%	21.34%

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