IST:TUKAS 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	8,695	8,949	9,383	7,476	1,065
Revenue Growth (YoY)	-2.84%	-4.62%	25.50%	601.95%	30.78%
Cost of Revenue	6,522	7,014	6,600	4,543	751.69
Gross Profit	2,173	1,935	2,783	2,933	313.37
Selling, General & Admin	350.49	331.13	531.67	365.61	81.02
Research & Development	8.67	8.97	20.32	6.75	1.8
Other Operating Expenses	-58.88	296.68	208.96	-59.74	5.55
Operating Expenses	300.28	636.79	760.95	312.63	88.37
Operating Income	1,873	1,298	2,022	2,620	225
Interest Expense	-697.99	-747.61	-476.48	-204.76	-68.41
Interest & Investment Income	275.17	366.45	346.5	18.83	29.87
Currency Exchange Gain (Loss)	-662.65	76.59	455.23	116.55	27.3
Other Non Operating Income (Expenses)	-131.44	-318.7	-1,029	-630.12	-0.74
EBT Excluding Unusual Items	655.6	675.09	1,319	1,921	213.03
Gain (Loss) on Sale of Investments	-168.73	-120.04	-	-24.88	-0.04
Pretax Income	486.87	555.04	1,319	1,896	212.99
Income Tax Expense	-25.42	-467.5	-357.12	32.65	30.9
Net Income	512.29	1,023	1,676	1,863	182.09
Net Income to Common	512.29	1,023	1,676	1,863	182.09
Net Income Growth	-49.90%	-38.99%	-10.04%	923.14%	42.37%
Shares Outstanding (Basic)	4,500	4,500	4,500	4,500	4,500
Shares Outstanding (Diluted)	4,500	4,500	4,500	4,500	4,500
EPS (Basic)	0.11	0.23	0.37	0.41	0.04
EPS (Diluted)	0.11	0.23	0.37	0.41	0.04
EPS Growth	-49.90%	-38.99%	-10.04%	964.31%	36.87%
Free Cash Flow	-2,708	-2,033	361.64	-741.27	133.86
Free Cash Flow Per Share	-0.60	-0.45	0.08	-0.17	0.03
Gross Margin	24.99%	21.62%	29.66%	39.23%	29.42%
Operating Margin	21.54%	14.51%	21.55%	35.05%	21.13%
Profit Margin	5.89%	11.43%	17.86%	24.92%	17.10%
Free Cash Flow Margin	-31.14%	-22.71%	3.85%	-9.92%	12.57%
EBITDA	2,455	1,800	2,322	2,787	237.36
EBITDA Margin	28.23%	20.12%	24.75%	37.28%	22.29%
D&A For EBITDA	582.44	501.96	299.67	167.14	12.36
EBIT	1,873	1,298	2,022	2,620	225
EBIT Margin	21.54%	14.51%	21.55%	35.05%	21.13%
Effective Tax Rate	-	-	-	1.72%	14.51%
Advertising Expenses	75.19	57.35	76.42	28.8	11.31

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.