IST:TGSAS 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	FY 2020
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	Dec '20 Dec 31, 2020
Revenue	244.72	218.69	176.68	102.48	26.88	17.71
Revenue Growth (YoY)	3.58%	23.77%	72.41%	281.27%	51.81%	-32.15%
Cost of Revenue	2.01	2.01	21.4	34.27	0.5	0.26
Gross Profit	242.71	216.67	155.28	68.21	26.38	17.45
Selling, General & Admin	113.91	77.76	87.06	31.16	13.37	10.88
Other Operating Expenses	-8.46	-6.73	-6.37	-1.89	-1.26	0.28
Operating Expenses	105.45	71.03	80.69	29.27	12.1	11.16
Operating Income	137.25	145.65	74.59	38.94	14.28	6.28
Interest Expense	-6.69	-5.08	-2.09	-0.99	-0.38	-0.66
Interest & Investment Income	29.92	25.9	12.2	4.62	1.88	0.71
Currency Exchange Gain (Loss)	1.02	-	-	-	2.33	-1.25
Other Non Operating Income (Expenses)	-48.19	-52.13	-30.11	-11.77	-0	-
Pretax Income	113.32	114.33	54.59	30.8	18.11	5.08
Income Tax Expense	30.62	25.01	20.56	23.27	4.59	1.89
Earnings From Continuing Operations	82.71	89.32	34.03	7.53	13.52	3.19
Minority Interest in Earnings	0.07	-0	0.06	-0.04	-0	0.01
Net Income	82.78	89.31	34.09	7.49	13.52	3.21
Net Income to Common	82.78	89.31	34.09	7.49	13.52	3.21
Net Income Growth	2.25%	162.00%	354.87%	-44.57%	321.69%	-72.25%
Shares Outstanding (Basic)	15	15	15	15	15	15
Shares Outstanding (Diluted)	15	15	15	15	15	15
EPS (Basic)	5.52	5.95	2.27	0.50	0.90	0.21
EPS (Diluted)	5.52	5.95	2.27	0.50	0.90	0.21
EPS Growth	2.25%	162.00%	354.88%	-44.57%	321.69%	-72.25%
Free Cash Flow	223.22	114.24	24.78	-9.24	-2.86	4.65
Free Cash Flow Per Share	14.88	7.62	1.65	-0.62	-0.19	0.31
Dividend Per Share	1.000	1.000	0.300	0.300	-	-
Dividend Growth	233.33%	233.33%	-	-	-	-
Gross Margin	99.18%	99.08%	87.89%	66.56%	98.15%	98.53%
Operating Margin	56.09%	66.60%	42.22%	38.00%	53.12%	35.50%
Profit Margin	33.83%	40.84%	19.29%	7.31%	50.30%	18.11%
Free Cash Flow Margin	91.21%	52.24%	14.03%	-9.01%	-10.65%	26.27%
EBITDA	142.32	152.5	74.99	39.54	14.78	6.51
EBITDA Margin	58.16%	69.73%	42.44%	38.58%	55.00%	36.75%
D&A For EBITDA	5.06	6.85	0.4	0.59	0.51	0.22
EBIT	137.25	145.65	74.59	38.94	14.28	6.28
EBIT Margin	56.09%	66.60%	42.22%	38.00%	53.12%	35.50%
Effective Tax Rate	27.02%	21.88%	37.66%	75.54%	25.34%	37.16%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.