IST:TRENJ 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	17,728	12,111	12,425	11,609	4,156
Revenue Growth (YoY)	46.38%	-2.53%	7.03%	179.32%	24.83%
Cost of Revenue	10,434	8,303	7,629	5,223	1,642
Gross Profit	7,294	3,808	4,797	6,386	2,514
Selling, General & Admin	1,960	1,623	1,568	981.53	289.67
Research & Development	1,534	1,424	890.89	540.8	295.68
Other Operating Expenses	377.05	1,030	1,607	810.36	153.93
Operating Expenses	3,871	4,078	4,065	2,333	739.29
Operating Income	3,422	-269.8	731.25	4,053	1,775
Interest Expense	-32.38	-311.38	-207.44	-273.83	-11.34
Interest & Investment Income	6,851	8,439	10,489	4,429	1,974
Currency Exchange Gain (Loss)	-28.68	66.35	-141.65	246.34	222.37
Other Non Operating Income (Expenses)	-4,250	-7,543	-11,049	-10,173	-
EBT Excluding Unusual Items	5,962	381.75	-177.2	-1,718	3,961
Gain (Loss) on Sale of Investments	-431.98	-227.46	-	-	-
Legal Settlements	256.46	-544.11	-238.39	-65.41	-8.82
Pretax Income	5,787	-389.81	-415.59	-1,783	3,952
Income Tax Expense	2,194	616.67	-1,253	1,912	1,040
Earnings From Continuing Operations	3,593	-1,006	837.66	-3,695	2,912
Net Income to Company	3,593	-1,006	837.66	-3,695	2,912
Minority Interest in Earnings	-2,887	-288.05	-578.66	2,752	-2,251
Net Income	705.7	-1,295	259	-943	660.51
Net Income to Common	705.7	-1,295	259	-943	660.51
Net Income Growth	-	-	-	-	82.38%
Shares Outstanding (Basic)	260	260	260	260	260
Shares Outstanding (Diluted)	260	260	260	260	260
Shares Change (YoY)	-0.01%	-0.01%	-0.01%	-	-
EPS (Basic)	2.72	-4.98	1.00	-3.63	2.54
EPS (Diluted)	2.72	-4.98	1.00	-3.63	2.54
EPS Growth	-	-	-	-	82.38%
Free Cash Flow	946.65	-4,423	-3,371	1,226	1,806
Free Cash Flow Per Share	3.65	-17.03	-12.98	4.72	6.95
Gross Margin	41.14%	31.44%	38.60%	55.01%	60.50%
Operating Margin	19.31%	-2.23%	5.88%	34.91%	42.71%
Profit Margin	3.98%	-10.69%	2.08%	-8.12%	15.89%
Free Cash Flow Margin	5.34%	-36.52%	-27.13%	10.56%	43.44%
EBITDA	4,571	1,333	1,833	5,362	2,133
EBITDA Margin	25.78%	11.01%	14.75%	46.19%	51.31%
D&A For EBITDA	1,148	1,603	1,102	1,309	357.54
EBIT	3,422	-269.8	731.25	4,053	1,775
EBIT Margin	19.31%	-2.23%	5.88%	34.91%	42.71%
Effective Tax Rate	37.91%	-	-	-	26.31%

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