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	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,535	5,037	5,267	4,248	878.15
Revenue Growth (YoY)	-28.87%	-4.35%	23.99%	383.69%	-
Cost of Revenue	4,202	4,293	4,187	3,480	628.86
Gross Profit	333.16	744.34	1,080	767.46	249.29
Selling, General & Admin	433.1	412.76	442.91	264.44	127.27
Other Operating Expenses	9.77	-13.52	5.42	2.25	3.67
Operating Expenses	442.87	399.24	448.33	266.69	130.94
Operating Income	-109.71	345.1	631.33	500.77	118.34
Interest Expense	-96.22	-186.56	-33.85	-103	-16.7
Interest & Investment Income	249.34	128.73	87.41	41.7	9.54
Currency Exchange Gain (Loss)	152.62	141.73	94.46	305.49	154.55
Other Non Operating Income (Expenses)	-190.74	-155.37	-375.45	-233.36	1.04
EBT Excluding Unusual Items	5.29	273.63	403.91	511.59	266.77
Legal Settlements	-2.73	-2.73	-1.67	-1.61	-0.27
Pretax Income	-2.68	270.96	402.82	518.49	266.56
Income Tax Expense	58.22	125.25	364.97	-162.93	11.51
Net Income	-60.9	145.71	37.85	681.43	255.05
Net Income to Common	-60.9	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)	-0.12	0.29	0.08	1.36	0.51
EPS (Diluted)	-0.12	0.29	0.08	1.36	0.51
EPS Growth	-	284.96%	-94.45%	167.17%	-
Free Cash Flow	886.69	-17.14	252.92	-144.44	233.78
Free Cash Flow Per Share	1.77	-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	7.35%	14.78%	20.50%	18.07%	28.39%
Operating Margin	-2.42%	6.85%	11.99%	11.79%	13.48%
Profit Margin	-1.34%	2.89%	0.72%	16.04%	29.04%
Free Cash Flow Margin	19.55%	-0.34%	4.80%	-3.40%	26.62%
EBITDA	82.36	512.54	746.61	571.93	129.65
EBITDA Margin	1.82%	10.17%	14.18%	13.46%	14.76%
D&A For EBITDA	192.07	167.43	115.27	71.16	11.31
EBIT	-109.71	345.1	631.33	500.77	118.34
EBIT Margin	-2.42%	6.85%	11.99%	11.79%	13.48%
Effective Tax Rate	-	46.23%	90.60%	-	4.32%

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