Acelyrin 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	2016 - 2020
Period Ending	Mar '25 Mar 31, 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	2016 - 2020
Revenue	50.07	50.07	-	-	-	-	Upgrade
Cost of Revenue	49.58	49.58	-	-	-	-	Upgrade
Gross Profit	0.5	0.5	-	-	-	-	Upgrade
Selling, General & Admin	9.13	9.31	15.03	3.41	2.02	2.11	Upgrade
Other Operating Expenses	-1.18	-1.29	2.43	0.09	0.2	0.07	Upgrade
Operating Expenses	7.95	8.03	17.46	3.51	2.21	2.17	Upgrade
Operating Income	-7.46	-7.53	-17.46	-3.51	-2.21	-2.17	Upgrade
Interest Expense	-1.26	-0	-2.01	-0	-0.05	-0.15	Upgrade
Interest & Investment Income	54.93	32.18	86.5	61.88	26.29	11.78	Upgrade
Currency Exchange Gain (Loss)	0.27	0.44	15.66	6.32	7.51	-0.81	Upgrade
Other Non Operating Income (Expenses)	0.07	5.97	-14.04	0.17	-2.09	-0.02	Upgrade
EBT Excluding Unusual Items	46.54	31.07	68.65	64.85	29.44	8.62	Upgrade
Gain (Loss) on Sale of Investments	-0.12	-0.13	-6.92	-0.31	-0.04	-0.04	Upgrade
Pretax Income	46.42	30.94	61.73	64.55	29.41	8.58	Upgrade
Income Tax Expense	1.13	19.24	30.32	7.41	2.23	2.66	Upgrade
Earnings From Continuing Operations	45.29	11.7	31.41	57.14	27.17	5.92	Upgrade
Net Income	45.29	11.7	31.41	57.14	27.17	5.92	Upgrade
Net Income to Common	45.29	11.7	31.41	57.14	27.17	5.92	Upgrade
Net Income Growth	44.34%	-62.74%	-45.03%	110.29%	359.06%	-	Upgrade
Shares Outstanding (Basic)	25	25	25	25	25	25	Upgrade
Shares Outstanding (Diluted)	25	25	25	25	25	25	Upgrade
EPS (Basic)	1.78	0.46	1.24	2.25	1.07	0.23	Upgrade
EPS (Diluted)	1.78	0.46	1.24	2.25	1.07	0.23	Upgrade
EPS Growth	44.33%	-62.74%	-45.03%	110.29%	359.06%	-	Upgrade
Free Cash Flow	-38.51	-51.93	23.83	0.58	6.97	-1.07	Upgrade
Free Cash Flow Per Share	-1.52	-2.05	0.94	0.02	0.27	-0.04	Upgrade
Gross Margin	0.99%	0.99%	-	-	-	-	Upgrade
Operating Margin	-14.89%	-15.04%	-	-	-	-	Upgrade
Profit Margin	90.44%	23.37%	-	-	-	-	Upgrade
Free Cash Flow Margin	-76.92%	-103.72%	-	-	-	-	Upgrade
EBITDA	-6.15	-7.3	-17.2	-3.41	-2.1	-2.05	Upgrade
EBITDA Margin	-12.28%	-14.57%	-	-	-	-	Upgrade
D&A For EBITDA	1.31	0.23	0.26	0.1	0.11	0.13	Upgrade
EBIT	-7.46	-7.53	-17.46	-3.51	-2.21	-2.17	Upgrade
EBIT Margin	-14.89%	-15.04%	-	-	-	-	Upgrade
Effective Tax Rate	2.44%	62.18%	49.12%	11.48%	7.60%	31.03%	Upgrade

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