IST:TUKAS 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	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	7,163	6,837	9,383	7,476	1,065	814.37
Revenue Growth (YoY)	-19.79%	-27.13%	25.50%	601.95%	30.78%	27.02%
Cost of Revenue	5,267	5,359	6,600	4,543	751.69	571.08
Gross Profit	1,896	1,478	2,783	2,933	313.37	243.29
Selling, General & Admin	208.49	252.98	531.67	365.61	81.02	55.13
Research & Development	-10.12	6.86	20.32	6.75	1.8	1.65
Other Operating Expenses	-292.86	218.68	208.96	-59.74	5.55	-5.87
Operating Expenses	-94.5	478.52	760.95	312.63	88.37	50.9
Operating Income	1,990	999.91	2,022	2,620	225	192.39
Interest Expense	-735.97	-629.82	-476.48	-204.76	-68.41	-56.56
Interest & Investment Income	346.45	279.96	346.5	18.83	29.87	13.19
Currency Exchange Gain (Loss)	-503.31	58.52	455.23	116.55	27.3	-10.01
Other Non Operating Income (Expenses)	273.65	-192.81	-1,029	-630.12	-0.74	-0.35
EBT Excluding Unusual Items	1,371	515.76	1,319	1,921	213.03	138.66
Gain (Loss) on Sale of Investments	-140.26	-91.71	-	-24.88	-0.04	-9.15
Pretax Income	1,231	424.05	1,319	1,896	212.99	129.5
Income Tax Expense	-73.58	-357.17	-357.12	32.65	30.9	1.61
Net Income	1,305	781.21	1,676	1,863	182.09	127.9
Net Income to Common	1,305	781.21	1,676	1,863	182.09	127.9
Net Income Growth	-16.75%	-53.39%	-10.04%	923.14%	42.37%	19.32%
Shares Outstanding (Basic)	4,619	4,500	4,500	4,500	4,500	4,500
Shares Outstanding (Diluted)	4,619	4,500	4,500	4,500	4,500	4,500
EPS (Basic)	0.28	0.17	0.37	0.41	0.04	0.03
EPS (Diluted)	0.28	0.17	0.37	0.41	0.04	0.03
EPS Growth	-20.76%	-53.39%	-10.04%	964.31%	36.87%	42.10%
Free Cash Flow	-2,571	-1,919	361.64	-741.27	133.86	22.11
Free Cash Flow Per Share	-0.56	-0.43	0.08	-0.17	0.03	0.01
Gross Margin	26.47%	21.62%	29.66%	39.23%	29.42%	29.88%
Operating Margin	27.79%	14.63%	21.55%	35.05%	21.13%	23.63%
Profit Margin	18.21%	11.43%	17.86%	24.92%	17.10%	15.71%
Free Cash Flow Margin	-35.89%	-28.07%	3.85%	-9.92%	12.57%	2.72%
EBITDA	2,428	1,383	2,322	2,787	237.36	206.25
EBITDA Margin	33.90%	20.23%	24.75%	37.28%	22.29%	25.33%
D&A For EBITDA	437.74	383.49	299.67	167.14	12.36	13.86
EBIT	1,990	999.91	2,022	2,620	225	192.39
EBIT Margin	27.79%	14.63%	21.55%	35.05%	21.13%	23.63%
Effective Tax Rate	-	-	-	1.72%	14.51%	1.24%
Advertising Expenses	-	43.18	76.42	28.8	11.31	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.