IST:TEZOL 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	5,587	6,594	5,267	4,248	878.15
Revenue Growth (YoY)	-15.26%	25.20%	23.99%	383.69%	-
Cost of Revenue	4,874	5,619	4,187	3,480	628.86
Gross Profit	713.42	974.29	1,080	767.46	249.29
Selling, General & Admin	463.28	540.19	442.91	264.44	127.27
Other Operating Expenses	18.21	-17.69	5.42	2.25	3.67
Operating Expenses	481.49	522.5	448.33	266.69	130.94
Operating Income	231.93	451.79	631.33	500.77	118.34
Interest Expense	-24.71	-244.19	-33.85	-103	-16.7
Interest & Investment Income	304.13	168.5	87.41	41.7	9.54
Currency Exchange Gain (Loss)	209.66	185.43	94.46	305.49	154.55
Other Non Operating Income (Expenses)	-323.23	-203.37	-375.45	-233.36	1.04
EBT Excluding Unusual Items	397.79	358.16	403.91	511.59	266.77
Gain (Loss) on Sale of Investments	-3.87	-	-	-	-
Legal Settlements	-8.41	-3.58	-1.67	-1.61	-0.27
Pretax Income	388.88	354.66	402.82	518.49	266.56
Income Tax Expense	205.73	163.94	364.97	-162.93	11.51
Net Income	183.15	190.72	37.85	681.43	255.05
Net Income to Common	183.15	190.72	37.85	681.43	255.05
Net Income Growth	-3.97%	403.88%	-94.45%	167.17%	-
Shares Outstanding (Basic)	499	500	500	500	500
Shares Outstanding (Diluted)	499	500	500	500	500
Shares Change (YoY)	-0.14%	-	-	-	-
EPS (Basic)	0.37	0.38	0.08	1.36	0.51
EPS (Diluted)	0.37	0.38	0.08	1.36	0.51
EPS Growth	-3.83%	403.88%	-94.45%	167.17%	-
Free Cash Flow	846.8	-22.43	252.92	-144.44	233.78
Free Cash Flow Per Share	1.70	-0.04	0.51	-0.29	0.47
Dividend Per Share	-	0.100	0.070	-	-
Dividend Growth	-	42.86%	-	-	-
Gross Margin	12.77%	14.78%	20.50%	18.07%	28.39%
Operating Margin	4.15%	6.85%	11.99%	11.79%	13.48%
Profit Margin	3.28%	2.89%	0.72%	16.04%	29.04%
Free Cash Flow Margin	15.15%	-0.34%	4.80%	-3.40%	26.62%
EBITDA	462.28	670.95	746.61	571.93	129.65
EBITDA Margin	8.27%	10.18%	14.18%	13.46%	14.76%
D&A For EBITDA	230.35	219.16	115.27	71.16	11.31
EBIT	231.93	451.79	631.33	500.77	118.34
EBIT Margin	4.15%	6.85%	11.99%	11.79%	13.48%
Effective Tax Rate	52.90%	46.23%	90.60%	-	4.32%

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