Sumer Varlik Yonetim A.S. 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
Other Revenue	1,867	1,684	1,070	357.28	193.12
Revenue	1,867	1,684	1,070	357.28	193.12
Revenue Growth (YoY)	10.91%	57.31%	199.56%	85.00%	91.44%
Cost of Revenue	342.2	281.95	151.59	48	19.03
Gross Profit	1,525	1,402	918.68	309.28	174.09
Selling, General & Admin	296.7	190.78	91.89	36.8	21.41
Other Operating Expenses	180.54	58.05	28.22	0.68	8.04
Operating Expenses	477.24	248.83	120.11	37.48	29.45
Operating Income	1,048	1,153	798.57	271.8	144.64
Interest Expense	-926.48	-400.8	-75.25	-29.22	-29.52
Currency Exchange Gain (Loss)	13.44	-0.03	-0.02	0.15	0.23
Other Non Operating Income (Expenses)	-	-	-0	-	-
EBT Excluding Unusual Items	134.82	752.04	723.31	242.72	115.35
Gain (Loss) on Sale of Investments	886.15	52.22	38.81	0.21	0.54
Gain (Loss) on Sale of Assets	0.57	4.01	0.34	0.34	0.36
Legal Settlements	-51.8	-29.99	-14.25	-3.21	-1.41
Pretax Income	969.74	778.29	748.21	240.05	114.84
Income Tax Expense	290.01	235.54	250.89	51.92	24.46
Net Income	679.73	542.75	497.32	188.14	90.38
Net Income to Common	679.73	542.75	497.32	188.14	90.38
Net Income Growth	25.24%	9.13%	164.34%	108.17%	625.76%
Shares Outstanding (Basic)	600	600	254	254	153
Shares Outstanding (Diluted)	600	600	254	254	153
Shares Change (YoY)	-	136.00%	-	66.67%	-0.04%
EPS (Basic)	1.13	0.90	1.96	0.74	0.59
EPS (Diluted)	1.13	0.90	1.96	0.74	0.59
EPS Growth	25.23%	-53.76%	164.34%	25.02%	625.37%
Free Cash Flow	52.4	-868.87	-329.86	-78.17	-23.62
Free Cash Flow Per Share	0.09	-1.45	-1.30	-0.31	-0.15
Dividend Per Share	-	0.062	-	-	-
Gross Margin	81.67%	83.25%	85.84%	86.56%	90.15%
Operating Margin	56.12%	68.47%	74.61%	76.08%	74.90%
Profit Margin	36.40%	32.24%	46.47%	52.66%	46.80%
Free Cash Flow Margin	2.81%	-51.61%	-30.82%	-21.88%	-12.23%
EBITDA	1,061	1,163	802.14	273.94	148.54
EBITDA Margin	56.84%	69.11%	74.95%	76.68%	76.92%
D&A For EBITDA	13.46	10.61	3.56	2.15	3.9
EBIT	1,048	1,153	798.57	271.8	144.64
EBIT Margin	56.12%	68.47%	74.61%	76.08%	74.90%
Effective Tax Rate	29.91%	30.26%	33.53%	21.63%	21.30%
Revenue as Reported	1,867	1,684	1,070	357.28	193.12

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