IST:VAKFN Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Interest and Dividend Income	5,397	5,676	6,631	3,810	1,082	360.92
Total Interest Expense	3,505	3,744	4,391	2,517	751.82	189.12
Net Interest Income	1,892	1,932	2,240	1,292	330.55	171.8
Commissions and Fees	99.56	95.23	120.63	60.97	25.11	8.02
Revenue Before Loan Losses	1,992	2,027	2,361	1,353	355.66	179.82
Provision for Loan Losses	351.17	443.78	338.02	51.54	30.45	43.36
Revenue	1,641	1,584	2,023	1,302	325.21	136.47
Revenue Growth (YoY)	-15.18%	-21.70%	55.39%	300.26%	138.31%	78.94%
Salaries & Employee Benefits	308.12	278.83	199.59	110.4	49.2	22.77
Cost of Services Provided	263.66	223.17	195.68	162.11	78.44	26.71
Other Operating Expenses	-729.2	-734.07	-163.07	-97.47	-26.67	-8.52
Total Operating Expenses	-157.42	-232.07	232.2	175.04	100.97	40.96
Operating Income	1,798	1,816	1,790	1,127	224.25	95.51
Currency Exchange Gain (Loss)	42.08	-201.87	80.4	343.18	347.47	56.5
EBT Excluding Unusual Items	2,256	2,102	2,433	2,054	702.38	162.69
Gain (Loss) on Sale of Investments	-	-	-	-	-12.5	-
Pretax Income	2,244	2,067	2,440	2,056	691.81	165.09
Income Tax Expense	590.92	537.77	787.86	613.3	173.24	37.02
Earnings From Continuing Ops.	1,653	1,529	1,652	1,443	518.57	128.07
Net Income	1,653	1,529	1,652	1,443	518.57	128.07
Net Income to Common	1,653	1,529	1,652	1,443	518.57	128.07
Net Income Growth	1.39%	-7.44%	14.49%	178.28%	304.90%	112.32%
Shares Outstanding (Basic)	4,219	4,375	4,375	2,500	2,500	1,466
Shares Outstanding (Diluted)	4,219	4,375	4,375	2,500	2,500	1,466
Shares Change (YoY)	-19.91%	-	75.01%	-	70.53%	17.28%
EPS (Basic)	0.39	0.35	0.38	0.58	0.21	0.09
EPS (Diluted)	0.39	0.35	0.38	0.58	0.21	0.09
EPS Growth	26.60%	-7.44%	-34.58%	178.28%	137.44%	81.03%
Free Cash Flow	769.78	-439.69	-72.65	-483.86	1,644	277.87
Free Cash Flow Per Share	0.18	-0.10	-0.02	-0.19	0.66	0.19
Operating Margin	109.59%	114.65%	88.52%	86.55%	68.95%	69.98%
Profit Margin	100.77%	96.56%	81.69%	110.86%	159.45%	93.85%
Free Cash Flow Margin	46.92%	-27.76%	-3.59%	-37.17%	505.63%	203.61%
Effective Tax Rate	26.33%	26.02%	32.29%	29.82%	25.04%	22.42%
Revenue as Reported	5,497	5,771	6,752	3,871	1,107	368.95