IST:TNZTP 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	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,297	2,188	1,896	1,075	309.56
Revenue Growth (YoY)	6.37%	15.41%	76.40%	247.20%	-
Cost of Revenue	1,489	1,396	1,373	825.64	228.99
Gross Profit	807.87	792.02	522.72	249.15	80.57
Selling, General & Admin	220.14	253.05	235.94	68.22	26.22
Other Operating Expenses	214.12	144.23	44.81	11.86	15.3
Operating Expenses	436.15	400.4	283.37	80.66	41.58
Operating Income	371.72	391.62	239.35	168.49	38.99
Interest Expense	-293.03	-344.99	-102.87	-32.17	-7.02
Interest & Investment Income	1,914	1,927	1,445	159.27	17.6
Currency Exchange Gain (Loss)	-1.94	19.05	89.11	50.68	24.98
Other Non Operating Income (Expenses)	194.06	252.17	-284.35	-47.11	-0.3
EBT Excluding Unusual Items	2,185	2,245	1,387	299.16	74.26
Gain (Loss) on Sale of Investments	-497.69	-486.82	-10.13	-1.43	-0.9
Pretax Income	1,687	1,758	1,377	297.72	73.37
Income Tax Expense	460.47	497.94	188.75	31.59	7.52
Earnings From Continuing Operations	1,227	1,260	1,188	266.13	65.84
Minority Interest in Earnings	-	-	0.01	-	-
Net Income	1,227	1,260	1,188	266.13	65.84
Net Income to Common	1,227	1,260	1,188	266.13	65.84
Net Income Growth	-2.15%	6.06%	346.33%	304.19%	-
Shares Outstanding (Basic)	218	218	218	171	171
Shares Outstanding (Diluted)	218	218	218	171	171
Shares Change (YoY)	-	-	28.00%	-	-
EPS (Basic)	5.61	5.77	5.44	1.56	0.39
EPS (Diluted)	5.61	5.76	5.44	1.56	0.39
EPS Growth	-2.21%	6.04%	248.86%	304.00%	-
Free Cash Flow	-1,066	-800.54	341.62	3.98	76.17
Free Cash Flow Per Share	-4.88	-3.66	1.56	0.02	0.45
Gross Margin	35.17%	36.20%	27.57%	23.18%	26.03%
Operating Margin	16.18%	17.90%	12.63%	15.68%	12.60%
Profit Margin	53.41%	57.58%	62.65%	24.76%	21.27%
Free Cash Flow Margin	-46.39%	-36.59%	18.02%	0.37%	24.61%
EBITDA	528.17	568.35	422.73	238.45	50.07
EBITDA Margin	22.99%	25.97%	22.30%	22.18%	16.18%
D&A For EBITDA	156.45	176.73	183.38	69.95	11.08
EBIT	371.72	391.62	239.35	168.49	38.99
EBIT Margin	16.18%	17.90%	12.63%	15.68%	12.60%
Effective Tax Rate	27.29%	28.33%	13.71%	10.61%	10.25%
Advertising Expenses	-	2.12	1.72	0.72	-

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.