IST:SEKUR 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	1,618	1,162	657.92	587.27	302.3
Revenue Growth (YoY)	39.28%	76.61%	12.03%	94.27%	59.72%
Cost of Revenue	1,378	1,014	566.25	504.96	239.33
Gross Profit	240.09	147.82	91.67	82.31	62.97
Selling, General & Admin	120.15	82.22	49.2	32.73	19.67
Research & Development	3.09	2.36	1	0.61	0.37
Other Operating Expenses	32.29	5.12	-10.88	2.94	2.57
Operating Expenses	155.53	89.7	39.31	36.28	22.61
Operating Income	84.56	58.13	52.35	46.04	40.36
Interest Expense	-215.22	-150	-67.86	-53.12	-27.52
Interest & Investment Income	0.26	21.66	15.76	7.35	0.14
Currency Exchange Gain (Loss)	-	36.32	-43.34	18.55	-11.23
Other Non Operating Income (Expenses)	54.99	-7.88	-10.37	-4.25	-1.41
EBT Excluding Unusual Items	-75.41	-41.76	-53.46	14.57	0.34
Gain (Loss) on Sale of Investments	-	-	-0	-	-
Legal Settlements	-	0.26	-	-	-0.08
Other Unusual Items	-	-0.62	-1.64	-3.99	-1.85
Pretax Income	-75.41	-42.13	-55.1	10.58	-1.58
Income Tax Expense	-62.03	-25.5	-33.05	-5.23	5.75
Earnings From Continuing Operations	-13.37	-16.63	-22.05	15.81	-7.34
Minority Interest in Earnings	0.17	0.03	-0.01	-0.08	-0.01
Net Income	-13.21	-16.6	-22.05	15.73	-7.35
Net Income to Common	-13.21	-16.6	-22.05	15.73	-7.35
Shares Outstanding (Basic)	-	102	35	35	35
Shares Outstanding (Diluted)	-	102	35	35	35
Shares Change (YoY)	-	194.52%	-	-	-
EPS (Basic)	-	-0.16	-0.64	0.45	-0.21
EPS (Diluted)	-	-0.16	-0.64	0.45	-0.21
Free Cash Flow	-163.61	-245.33	75.27	0.97	-8.82
Free Cash Flow Per Share	-	-2.40	2.17	0.03	-0.25
Gross Margin	14.84%	12.72%	13.93%	14.02%	20.83%
Operating Margin	5.22%	5.00%	7.96%	7.84%	13.35%
Profit Margin	-0.82%	-1.43%	-3.35%	2.68%	-2.43%
Free Cash Flow Margin	-10.11%	-21.11%	11.44%	0.17%	-2.92%
EBITDA	142.1	105	82.16	67.72	51.45
EBITDA Margin	8.78%	9.04%	12.49%	11.53%	17.02%
D&A For EBITDA	57.54	46.87	29.81	21.68	11.09
EBIT	84.56	58.13	52.35	46.04	40.36
EBIT Margin	5.22%	5.00%	7.96%	7.84%	13.35%
Advertising Expenses	-	0.05	0.04	-	0.02

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