IST:SAYAS 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	2,022	2,195	1,318	1,212	347.94
Revenue Growth (YoY)	-7.92%	66.61%	8.73%	248.29%	129.41%
Cost of Revenue	1,527	1,762	981.26	849.13	265.06
Gross Profit	494.33	433.31	336.37	362.71	82.88
Selling, General & Admin	178.59	215.32	87.7	84.54	15.86
Other Operating Expenses	-4.8	-4.79	-16.1	-9.04	-2.3
Operating Expenses	173.79	210.53	71.61	75.5	13.56
Operating Income	320.53	222.78	264.76	287.21	69.31
Interest Expense	-47.76	-40.4	-32.93	-3.04	-1.03
Interest & Investment Income	59.83	123.18	215.1	6.63	1.61
Currency Exchange Gain (Loss)	87.04	34.51	125.47	62.88	18.56
Other Non Operating Income (Expenses)	-189.54	-290.53	-326.35	-135.92	-0.2
EBT Excluding Unusual Items	230.09	49.55	246.06	217.75	88.26
Gain (Loss) on Sale of Investments	-	-2.96	-0.04	-	-0
Legal Settlements	-1.06	-0.36	3.39	-3.98	0.01
Pretax Income	229.03	46.23	249.41	213.78	88.27
Income Tax Expense	75.15	20.65	75.39	68.4	21.79
Earnings From Continuing Operations	153.88	25.58	174.02	145.38	66.48
Minority Interest in Earnings	-0.01	0	0.02	-0.06	-0.03
Net Income	153.87	25.58	174.04	145.32	66.44
Net Income to Common	153.87	25.58	174.04	145.32	66.44
Net Income Growth	501.50%	-85.30%	19.77%	118.70%	256.35%
Shares Outstanding (Basic)	77	77	77	77	77
Shares Outstanding (Diluted)	77	77	77	77	77
EPS (Basic)	1.99	0.33	2.25	1.88	0.86
EPS (Diluted)	1.99	0.33	2.25	1.88	0.86
EPS Growth	501.50%	-85.30%	19.77%	118.70%	256.35%
Free Cash Flow	-164.13	-132.1	43.42	118.86	34.04
Free Cash Flow Per Share	-2.13	-1.71	0.56	1.54	0.44
Gross Margin	24.45%	19.74%	25.53%	29.93%	23.82%
Operating Margin	15.86%	10.15%	20.09%	23.70%	19.92%
Profit Margin	7.61%	1.17%	13.21%	11.99%	19.10%
Free Cash Flow Margin	-8.12%	-6.02%	3.30%	9.81%	9.78%
EBITDA	356.76	250.84	282.21	299.87	72.07
EBITDA Margin	17.65%	11.43%	21.42%	24.75%	20.71%
D&A For EBITDA	36.22	28.06	17.45	12.66	2.75
EBIT	320.53	222.78	264.76	287.21	69.31
EBIT Margin	15.86%	10.15%	20.09%	23.70%	19.92%
Effective Tax Rate	32.81%	44.67%	30.23%	32.00%	24.69%

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