IST:ULAS 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	Jun '25 Jun 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	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	8.28	9.31	15.03	3.41	2.02	2.11	Upgrade
Other Operating Expenses	0.08	-1.29	2.43	0.09	0.2	0.07	Upgrade
Operating Expenses	8.36	8.03	17.46	3.51	2.21	2.17	Upgrade
Operating Income	-7.86	-7.53	-17.46	-3.51	-2.21	-2.17	Upgrade
Interest Expense	-4.03	-0	-2.01	-0	-0.05	-0.15	Upgrade
Interest & Investment Income	83.21	32.18	86.5	61.88	26.29	11.78	Upgrade
Currency Exchange Gain (Loss)	0.44	0.44	15.66	6.32	7.51	-0.81	Upgrade
Other Non Operating Income (Expenses)	-2.99	5.97	-14.04	0.17	-2.09	-0.02	Upgrade
EBT Excluding Unusual Items	68.77	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	68.65	30.94	61.73	64.55	29.41	8.58	Upgrade
Income Tax Expense	-0.01	19.24	30.32	7.41	2.23	2.66	Upgrade
Earnings From Continuing Operations	68.66	11.7	31.41	57.14	27.17	5.92	Upgrade
Net Income	68.66	11.7	31.41	57.14	27.17	5.92	Upgrade
Net Income to Common	68.66	11.7	31.41	57.14	27.17	5.92	Upgrade
Net Income Growth	-	-62.74%	-45.03%	110.29%	359.06%	-	Upgrade
Shares Outstanding (Basic)	-	25	25	25	25	25	Upgrade
Shares Outstanding (Diluted)	-	25	25	25	25	25	Upgrade
EPS (Basic)	-	0.46	1.24	2.25	1.07	0.23	Upgrade
EPS (Diluted)	-	0.46	1.24	2.25	1.07	0.23	Upgrade
EPS Growth	-	-62.74%	-45.03%	110.29%	359.06%	-	Upgrade
Free Cash Flow	-16.96	-51.93	23.83	0.58	6.97	-1.07	Upgrade
Free Cash Flow Per Share	-	-2.05	0.94	0.02	0.27	-0.04	Upgrade
Gross Margin	0.99%	0.99%	-	-	-	-	Upgrade
Operating Margin	-15.70%	-15.04%	-	-	-	-	Upgrade
Profit Margin	137.12%	23.37%	-	-	-	-	Upgrade
Free Cash Flow Margin	-33.88%	-103.72%	-	-	-	-	Upgrade
EBITDA	-6.47	-7.3	-17.2	-3.41	-2.1	-2.05	Upgrade
EBITDA Margin	-12.92%	-14.57%	-	-	-	-	Upgrade
D&A For EBITDA	1.39	0.23	0.26	0.1	0.11	0.13	Upgrade
EBIT	-7.86	-7.53	-17.46	-3.51	-2.21	-2.17	Upgrade
EBIT Margin	-15.70%	-15.04%	-	-	-	-	Upgrade
Effective Tax Rate	-	62.18%	49.12%	11.48%	7.60%	31.03%	Upgrade

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