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	1,379	1,014	566.25	504.96	239.33
Gross Profit	239.48	147.82	91.67	82.31	62.97
Selling, General & Admin	118.47	82.22	49.2	32.73	19.67
Research & Development	3.09	2.36	1	0.61	0.37
Other Operating Expenses	18.31	5.13	-10.88	2.94	2.57
Operating Expenses	139.86	89.7	39.31	36.28	22.61
Operating Income	99.62	58.13	52.35	46.04	40.36
Interest Expense	-169.17	-150	-67.86	-53.12	-27.52
Interest & Investment Income	17.57	21.66	15.76	7.35	0.14
Currency Exchange Gain (Loss)	-13.61	36.32	-43.34	18.55	-11.23
Other Non Operating Income (Expenses)	-10.24	-7.88	-10.37	-4.25	-1.41
EBT Excluding Unusual Items	-75.83	-41.77	-53.46	14.57	0.34
Gain (Loss) on Sale of Investments	-	-	-0	-	-
Legal Settlements	-	0.26	-	-	-0.08
Other Unusual Items	0.42	-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)	134	102	35	35	35
Shares Outstanding (Diluted)	134	102	35	35	35
Shares Change (YoY)	31.10%	194.52%	-	-	-
EPS (Basic)	-0.10	-0.16	-0.64	0.45	-0.21
EPS (Diluted)	-0.10	-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	-1.22	-2.40	2.17	0.03	-0.25
Gross Margin	14.80%	12.72%	13.93%	14.02%	20.83%
Operating Margin	6.16%	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	155.37	105	82.16	67.72	51.45
EBITDA Margin	9.60%	9.04%	12.49%	11.53%	17.02%
D&A For EBITDA	55.75	46.87	29.81	21.68	11.09
EBIT	99.62	58.13	52.35	46.04	40.36
EBIT Margin	6.16%	5.00%	7.96%	7.84%	13.35%
Advertising Expenses	-	-	0.04	-	0.02

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