IST:TEZOL 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	4,971	5,037	5,267	4,248	878.15
Revenue Growth (YoY)	-4.95%	-4.35%	23.99%	383.69%	-
Cost of Revenue	4,299	4,293	4,187	3,480	628.86
Gross Profit	671.33	744.34	1,080	767.46	249.29
Selling, General & Admin	422.85	412.76	442.91	264.44	127.27
Other Operating Expenses	20.97	-13.52	5.42	2.25	3.67
Operating Expenses	443.81	399.24	448.33	266.69	130.94
Operating Income	227.52	345.1	631.33	500.77	118.34
Interest Expense	-138.38	-186.56	-33.85	-103	-16.7
Interest & Investment Income	225.43	128.73	87.41	41.7	9.54
Currency Exchange Gain (Loss)	156.83	141.73	94.46	305.49	154.55
Other Non Operating Income (Expenses)	-159.75	-155.37	-375.45	-233.36	1.04
EBT Excluding Unusual Items	311.64	273.63	403.91	511.59	266.77
Legal Settlements	0.42	-2.73	-1.67	-1.61	-0.27
Pretax Income	312.31	270.96	402.82	518.49	266.56
Income Tax Expense	204.11	125.25	364.97	-162.93	11.51
Net Income	108.2	145.71	37.85	681.43	255.05
Net Income to Common	108.2	145.71	37.85	681.43	255.05
Net Income Growth	-	284.96%	-94.45%	167.17%	-
Shares Outstanding (Basic)	500	500	500	500	500
Shares Outstanding (Diluted)	500	500	500	500	500
Shares Change (YoY)	-0.01%	-	-	-	-
EPS (Basic)	0.22	0.29	0.08	1.36	0.51
EPS (Diluted)	0.22	0.29	0.08	1.36	0.51
EPS Growth	-	284.96%	-94.45%	167.17%	-
Free Cash Flow	971.33	-17.14	252.92	-144.44	233.78
Free Cash Flow Per Share	1.94	-0.03	0.51	-0.29	0.47
Dividend Per Share	0.100	0.100	0.070	-	-
Dividend Growth	42.86%	42.86%	-	-	-
Gross Margin	13.51%	14.78%	20.50%	18.07%	28.39%
Operating Margin	4.58%	6.85%	11.99%	11.79%	13.48%
Profit Margin	2.18%	2.89%	0.72%	16.04%	29.04%
Free Cash Flow Margin	19.54%	-0.34%	4.80%	-3.40%	26.62%
EBITDA	408.69	512.54	746.61	571.93	129.65
EBITDA Margin	8.22%	10.17%	14.18%	13.46%	14.76%
D&A For EBITDA	181.17	167.43	115.27	71.16	11.31
EBIT	227.52	345.1	631.33	500.77	118.34
EBIT Margin	4.58%	6.85%	11.99%	11.79%	13.48%
Effective Tax Rate	65.35%	46.23%	90.60%	-	4.32%

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