IST:TRMET 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	17,705	12,091	12,412	11,591	4,150
Revenue Growth (YoY)	46.44%	-2.59%	7.08%	179.33%	24.73%
Cost of Revenue	10,410	8,278	7,602	5,207	1,639
Gross Profit	7,295	3,813	4,810	6,384	2,511
Selling, General & Admin	1,995	1,654	1,573	975.79	290.05
Research & Development	1,534	1,424	890.89	540.8	295.68
Other Operating Expenses	107.76	1,011	1,598	808.73	150.39
Operating Expenses	3,637	4,088	4,062	2,325	736.12
Operating Income	3,658	-275.46	747.36	4,058	1,775
Interest Expense	-24.29	-	-214.65	-272.46	-11.34
Interest & Investment Income	6,797	8,382	10,448	4,417	1,971
Currency Exchange Gain (Loss)	-28.59	66.52	-141.33	246.58	222.41
Other Non Operating Income (Expenses)	-3,964	-8,969	-11,024	-10,101	-
EBT Excluding Unusual Items	6,439	-795.74	-184.25	-1,651	3,957
Gain (Loss) on Sale of Investments	-431.98	-227.46	-	-	-
Legal Settlements	-	-538.59	-238.49	-65.3	-7.43
Pretax Income	6,007	-1,562	-422.74	-1,716	3,949
Income Tax Expense	2,029	614.9	-1,254	1,912	1,040
Earnings From Continuing Operations	3,978	-2,177	831.01	-3,628	2,909
Net Income to Company	3,978	-2,177	831.01	-3,628	2,909
Minority Interest in Earnings	-2,026	-313.76	-306.45	1,794	-1,650
Net Income	1,952	-2,490	524.57	-1,833	1,259
Net Income to Common	1,952	-2,490	524.57	-1,833	1,259
Net Income Growth	-	-	-	-	80.02%
Shares Outstanding (Basic)	388	388	388	388	388
Shares Outstanding (Diluted)	388	388	388	388	388
Shares Change (YoY)	-0.01%	-0.01%	-0.01%	-	-
EPS (Basic)	5.03	-6.42	1.35	-4.72	3.24
EPS (Diluted)	5.03	-6.42	1.35	-4.72	3.24
EPS Growth	-	-	-	-	80.02%
Free Cash Flow	1,138	-4,767	-3,635	1,099	1,805
Free Cash Flow Per Share	2.94	-12.29	-9.37	2.83	4.65
Gross Margin	41.21%	31.54%	38.75%	55.07%	60.51%
Operating Margin	20.66%	-2.28%	6.02%	35.01%	42.77%
Profit Margin	11.02%	-20.60%	4.23%	-15.82%	30.35%
Free Cash Flow Margin	6.43%	-39.43%	-29.28%	9.48%	43.50%
EBITDA	4,797	1,507	1,909	5,130	1,994
EBITDA Margin	27.09%	12.46%	15.38%	44.26%	48.06%
D&A For EBITDA	1,139	1,782	1,162	1,072	219.47
EBIT	3,658	-275.46	747.36	4,058	1,775
EBIT Margin	20.66%	-2.28%	6.02%	35.01%	42.77%
Effective Tax Rate	33.78%	-	-	-	26.33%

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