IST:TGSAS 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	236.34	207.68	176.68	102.48	26.88
Revenue Growth (YoY)	13.80%	17.54%	72.41%	281.27%	51.81%
Cost of Revenue	-	-	21.4	34.27	0.5
Gross Profit	236.34	207.68	155.28	68.21	26.38
Selling, General & Admin	125.95	98.2	87.06	31.16	13.37
Other Operating Expenses	4.93	-29.74	-6.37	-1.89	-1.26
Operating Expenses	130.88	68.46	80.69	29.27	12.1
Operating Income	105.46	139.21	74.59	38.94	14.28
Interest Expense	-6.74	-4.83	-2.09	-0.99	-0.38
Interest & Investment Income	26.71	24.59	12.2	4.62	1.88
Currency Exchange Gain (Loss)	2.45	0.08	-	-	2.33
Other Non Operating Income (Expenses)	-23.21	-17.42	-30.11	-11.77	-0
EBT Excluding Unusual Items	104.66	141.64	54.59	30.8	18.11
Other Unusual Items	-5.16	-0.98	-	-	-
Pretax Income	99.5	140.66	54.59	30.8	18.11
Income Tax Expense	9.11	23.75	20.56	23.27	4.59
Earnings From Continuing Operations	90.4	116.91	34.03	7.53	13.52
Minority Interest in Earnings	-0	-0	0.06	-0.04	-0
Net Income	90.4	116.9	34.09	7.49	13.52
Net Income to Common	90.4	116.9	34.09	7.49	13.52
Net Income Growth	-22.67%	242.94%	354.87%	-44.57%	321.69%
Shares Outstanding (Basic)	15	15	15	15	15
Shares Outstanding (Diluted)	15	15	15	15	15
EPS (Basic)	6.03	7.79	2.27	0.50	0.90
EPS (Diluted)	6.03	7.79	2.27	0.50	0.90
EPS Growth	-22.67%	242.94%	354.88%	-44.57%	321.69%
Free Cash Flow	-24.32	149.54	24.78	-9.24	-2.86
Free Cash Flow Per Share	-1.62	9.97	1.65	-0.62	-0.19
Dividend Per Share	-	1.000	0.300	0.300	-
Dividend Growth	-	233.33%	-	-	-
Gross Margin	100.00%	100.00%	87.89%	66.56%	98.15%
Operating Margin	44.62%	67.03%	42.22%	38.00%	53.12%
Profit Margin	38.25%	56.29%	19.29%	7.31%	50.30%
Free Cash Flow Margin	-10.29%	72.00%	14.03%	-9.01%	-10.65%
EBITDA	108.4	141.48	74.99	39.54	14.78
EBITDA Margin	45.87%	68.13%	42.44%	38.58%	55.00%
D&A For EBITDA	2.94	2.27	0.4	0.59	0.51
EBIT	105.46	139.21	74.59	38.94	14.28
EBIT Margin	44.62%	67.03%	42.22%	38.00%	53.12%
Effective Tax Rate	9.15%	16.89%	37.66%	75.54%	25.34%

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