Türkiye Sigorta A.S. (IST:TURSG)

Türkiye Sigorta A.S. Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Premiums & Annuity Revenue	65,221	59,892	42,317	20,258	6,893	4,101
Total Interest & Dividend Income	22,406	18,212	10,125	3,116	1,669	1,026
Gain (Loss) on Sale of Investments	4,973	7,660	5,247	3,989	668.64	55.19
Other Revenue	2,040	2,286	2,215	1,491	812.11	262.03
Total Revenue	94,639	88,051	59,904	28,854	10,042	5,445
Revenue Growth (YoY)	43.67%	46.99%	107.61%	187.33%	84.44%	19.30%
Policy Benefits	45,298	42,861	32,937	16,736	7,292	3,135
Depreciation & Amortization	260.22	228.79	119	72.3	40.36	30.89
Selling, General & Administrative	16,783	15,560	9,264	5,209	1,869	956.72
Other Operating Expenses	2,563	3,745	1,780	543.46	63.81	217.48
Total Operating Expenses	64,905	62,394	44,100	22,561	9,265	4,340
Operating Income	29,734	25,657	15,805	6,293	777.37	1,104
Currency Exchange Gain (Loss)	662.35	848.29	851.43	1,606	210.27	292.9
Other Non Operating Income (Expenses)	-2,948	-385.47	-57.43	-227	-1.43	4.57
EBT Excluding Unusual Items	27,449	26,119	16,599	7,672	986.21	1,402
Pretax Income	27,449	26,119	16,599	7,672	986.21	1,402
Income Tax Expense	6,005	6,592	3,818	1,486	23.81	315.4
Net Income	21,444	19,527	12,781	6,186	962.4	1,086
Net Income to Common	21,444	19,527	12,781	6,186	962.4	1,086
Net Income Growth	55.38%	52.79%	106.60%	542.77%	-11.40%	-6.47%
Shares Outstanding (Basic)	-	10,000	10,000	10,000	10,000	10,000
Shares Outstanding (Diluted)	-	10,000	10,000	10,000	10,000	10,000
EPS (Basic)	-	1.95	1.28	0.62	0.10	0.11
EPS (Diluted)	-	1.95	1.28	0.62	0.10	0.11
EPS Growth	-	52.79%	106.60%	542.77%	-11.40%	-6.47%
Free Cash Flow	3,970	9,231	2,590	6,938	3,962	609.66
Free Cash Flow Per Share	-	0.92	0.26	0.69	0.40	0.06
Dividend Per Share	-	-	0.200	0.023	0.015	0.053
Dividend Growth	-	-	762.07%	53.64%	-71.72%	9.43%
Operating Margin	31.42%	29.14%	26.38%	21.81%	7.74%	20.28%
Profit Margin	22.66%	22.18%	21.34%	21.44%	9.58%	19.95%
Free Cash Flow Margin	4.20%	10.48%	4.32%	24.04%	39.45%	11.20%
EBITDA	29,896	25,816	15,913	6,361	816.96	1,132
EBITDA Margin	31.59%	29.32%	26.56%	22.04%	8.13%	20.80%
D&A For EBITDA	162.3	159.49	108.38	67.33	39.59	28.19
EBIT	29,734	25,657	15,805	6,293	777.37	1,104
EBIT Margin	31.42%	29.14%	26.38%	21.81%	7.74%	20.28%
Effective Tax Rate	21.88%	25.24%	23.00%	19.37%	2.41%	22.50%

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