IST:SUWEN Income Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,542	4,358	3,615	1,757	359.86
Revenue Growth (YoY)	4.10%	20.57%	105.72%	388.26%	-
Cost of Revenue	2,216	2,036	1,741	828.7	144.84
Gross Profit	2,326	2,322	1,873	928.36	215.02
Selling, General & Admin	1,866	1,782	1,514	750.23	145.28
Other Operating Expenses	5.59	-2.19	18.47	3.31	-0.16
Operating Expenses	1,872	1,780	1,532	753.54	145.13
Operating Income	454.36	541.78	341.49	174.82	69.9
Interest Expense	-404.1	-330.54	-145.92	-68.33	-21.65
Interest & Investment Income	77.82	90.17	56.29	26.41	3.63
Currency Exchange Gain (Loss)	32.87	19.43	45.67	22.68	4.64
Other Non Operating Income (Expenses)	139.09	17.24	184.87	132.73	-5.9
EBT Excluding Unusual Items	300.03	338.09	482.4	288.31	50.61
Legal Settlements	-0.07	-	-	-1.25	-0.15
Other Unusual Items	-	-	-	-	5.34
Pretax Income	298.93	338.09	482.4	287.05	55.8
Income Tax Expense	127.98	105.77	205.82	62.83	12.88
Net Income	170.95	232.32	276.58	224.23	42.92
Net Income to Common	170.95	232.32	276.58	224.23	42.92
Net Income Growth	-43.49%	-16.00%	23.35%	422.39%	-
Shares Outstanding (Basic)	-	560	364	437	230
Shares Outstanding (Diluted)	-	560	364	437	230
Shares Change (YoY)	-	53.68%	-16.57%	90.21%	-
EPS (Basic)	-	0.41	0.76	0.51	0.19
EPS (Diluted)	-	0.41	0.76	0.51	0.19
EPS Growth	-	-45.34%	47.84%	174.64%	-
Free Cash Flow	230.56	144.4	306.63	168.5	25.64
Free Cash Flow Per Share	-	0.26	0.84	0.39	0.11
Dividend Per Share	0.125	0.125	0.100	0.050	-
Dividend Growth	25.00%	25.00%	100.00%	-	-
Gross Margin	51.21%	53.27%	51.83%	52.84%	59.75%
Operating Margin	10.00%	12.43%	9.45%	9.95%	19.42%
Profit Margin	3.76%	5.33%	7.65%	12.76%	11.93%
Free Cash Flow Margin	5.08%	3.31%	8.48%	9.59%	7.12%
EBITDA	577.46	659.1	436.63	220.46	77.56
EBITDA Margin	12.71%	15.12%	12.08%	12.55%	21.55%
D&A For EBITDA	123.1	117.32	95.14	45.64	7.67
EBIT	454.36	541.78	341.49	174.82	69.9
EBIT Margin	10.00%	12.43%	9.45%	9.95%	19.42%
Effective Tax Rate	42.81%	31.29%	42.67%	21.89%	23.08%
Advertising Expenses	-	103.08	94.8	-	-

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