IST:TNZTP Income Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	3,458	3,430	2,864	1,896	1,075	309.56
Revenue Growth (YoY)	9.49%	19.75%	51.07%	76.40%	247.20%	-
Cost of Revenue	2,064	2,024	1,827	1,373	825.64	228.99
Gross Profit	1,394	1,406	1,037	523.33	249.15	80.57
Selling, General & Admin	212.73	240.33	331.86	236.55	68.22	26.22
Other Operating Expenses	79.14	190.62	188.79	44.81	11.86	15.3
Operating Expenses	289.72	433.19	524.73	283.98	80.66	41.58
Operating Income	1,104	972.33	512.6	239.35	168.49	38.99
Interest Expense	-332.73	-352.41	-451.56	-102.87	-32.17	-7.02
Interest & Investment Income	341.35	271.72	2,522	1,445	159.27	17.6
Currency Exchange Gain (Loss)	13.16	10.86	24.94	89.11	50.68	24.98
Other Non Operating Income (Expenses)	-204.24	-140.45	330.07	-284.35	-47.11	-0.3
EBT Excluding Unusual Items	921.44	762.06	2,938	1,387	299.16	74.26
Gain (Loss) on Sale of Investments	-44.34	-38.98	-637.21	-10.13	-1.43	-0.9
Pretax Income	877.1	723.08	2,301	1,377	297.72	73.37
Income Tax Expense	197.08	27.4	651.76	188.75	31.59	7.52
Earnings From Continuing Operations	680.02	695.68	1,649	1,188	266.13	65.84
Minority Interest in Earnings	-	-	-	0.01	-	-
Net Income	680.02	695.68	1,649	1,188	266.13	65.84
Net Income to Common	680.02	695.68	1,649	1,188	266.13	65.84
Net Income Growth	-58.30%	-57.81%	38.83%	346.33%	304.19%	-
Shares Outstanding (Basic)	445	400	400	400	312	312
Shares Outstanding (Diluted)	445	400	400	400	312	312
Shares Change (YoY)	25.59%	-	-	28.00%	-	-
EPS (Basic)	1.53	1.74	4.12	2.97	0.85	0.21
EPS (Diluted)	1.53	1.74	4.12	2.97	0.85	0.21
EPS Growth	-66.75%	-57.80%	38.79%	248.87%	303.99%	-
Free Cash Flow	282.42	304.61	-1,048	341.62	3.98	76.17
Free Cash Flow Per Share	0.63	0.76	-2.62	0.85	0.01	0.24
Gross Margin	40.30%	40.98%	36.22%	27.60%	23.18%	26.03%
Operating Margin	31.92%	28.35%	17.90%	12.63%	15.68%	12.60%
Profit Margin	19.67%	20.28%	57.58%	62.65%	24.76%	21.27%
Free Cash Flow Margin	8.17%	8.88%	-36.59%	18.02%	0.37%	24.61%
EBITDA	1,288	1,153	743.93	422.73	238.45	50.07
EBITDA Margin	37.24%	33.61%	25.97%	22.30%	22.18%	16.18%
D&A For EBITDA	183.88	180.28	231.33	183.38	69.95	11.08
EBIT	1,104	972.33	512.6	239.35	168.49	38.99
EBIT Margin	31.92%	28.35%	17.90%	12.63%	15.68%	12.60%
Effective Tax Rate	22.47%	3.79%	28.33%	13.71%	10.61%	10.25%
Advertising Expenses	-	3.38	2.78	1.72	0.72	-

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