IST:VAKKO 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	19,853	19,445	14,239	7,936	1,693
Revenue Growth (YoY)	2.10%	36.56%	79.43%	368.64%	72.09%
Cost of Revenue	10,740	9,555	6,162	3,946	721.94
Gross Profit	9,113	9,889	8,077	3,990	971.42
Selling, General & Admin	8,837	8,751	5,987	3,090	654.75
Other Operating Expenses	-248.88	-268.07	-200.56	-143.73	-29.78
Operating Expenses	8,588	8,483	5,787	2,947	624.97
Operating Income	524.47	1,406	2,291	1,043	346.45
Interest Expense	-633.38	-847.28	-475.69	-252.45	-115.12
Interest & Investment Income	365.45	572.41	358.08	103.56	22.6
Currency Exchange Gain (Loss)	108.89	50.84	115.11	61.69	24.99
Other Non Operating Income (Expenses)	136.32	513.27	1,157	1,059	-2.13
EBT Excluding Unusual Items	501.74	1,696	3,445	2,015	276.78
Merger & Restructuring Charges	-	-	-0.36	-0.99	-0.47
Gain (Loss) on Sale of Investments	-110.44	-2.45	-0.58	-0.3	-
Legal Settlements	-6.16	-3.52	-0.49	-4.53	-
Pretax Income	394.22	1,699	3,467	2,013	276.7
Income Tax Expense	337.24	643.81	660.01	332.59	54.26
Earnings From Continuing Operations	56.99	1,056	2,807	1,680	222.44
Minority Interest in Earnings	0	-0	-0	-0	0
Net Income	56.99	1,056	2,807	1,680	222.45
Net Income to Common	56.99	1,056	2,807	1,680	222.45
Net Income Growth	-94.60%	-62.40%	67.09%	655.28%	1558.26%
Shares Outstanding (Basic)	160	160	160	160	160
Shares Outstanding (Diluted)	160	160	160	160	160
EPS (Basic)	0.36	6.60	17.55	10.50	1.39
EPS (Diluted)	0.36	6.60	17.55	10.50	1.39
EPS Growth	-94.60%	-62.40%	67.09%	655.28%	1558.27%
Free Cash Flow	3,478	3,433	2,510	2,375	465.98
Free Cash Flow Per Share	21.74	21.46	15.69	14.84	2.91
Dividend Per Share	-	4.000	2.500	2.750	-
Dividend Growth	-	60.00%	-9.09%	-	-
Gross Margin	45.90%	50.86%	56.72%	50.28%	57.37%
Operating Margin	2.64%	7.23%	16.09%	13.15%	20.46%
Profit Margin	0.29%	5.43%	19.71%	21.17%	13.14%
Free Cash Flow Margin	17.52%	17.66%	17.63%	29.92%	27.52%
EBITDA	1,087	2,006	2,715	1,322	396.06
EBITDA Margin	5.47%	10.32%	19.06%	16.66%	23.39%
D&A For EBITDA	562.41	599.63	424.03	279.17	49.61
EBIT	524.47	1,406	2,291	1,043	346.45
EBIT Margin	2.64%	7.23%	16.09%	13.15%	20.46%
Effective Tax Rate	85.55%	37.88%	19.04%	16.53%	19.61%
Advertising Expenses	307.38	320.35	198.79	87.18	32.49

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