IST:VBTYZ Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,687	2,135	1,178	198.51	130.02
Revenue Growth (YoY)	-43.04%	81.13%	493.67%	52.68%	-
Cost of Revenue	1,299	1,886	982.43	157.94	103.94
Gross Profit	388.35	248.31	196.05	40.56	26.07
Selling, General & Admin	85.21	48.77	37.82	7.13	4.36
Research & Development	128.24	102.22	68.81	15.18	8.26
Other Operating Expenses	42.15	9.59	10.39	2.36	0.89
Operating Expenses	255.6	160.59	117.02	24.67	13.5
Operating Income	132.75	87.72	79.02	15.89	12.58
Interest Expense	-0.91	-3.04	-4.64	-1.75	-1.64
Interest & Investment Income	40.44	36.18	21.18	4.63	0.66
Earnings From Equity Investments	26.21	3.64	-11.3	0.3	0.02
Currency Exchange Gain (Loss)	69.59	116.16	27.32	19.87	5.22
Other Non Operating Income (Expenses)	-147.35	-119.04	-74.72	-	-
EBT Excluding Unusual Items	120.73	121.63	36.85	38.94	16.83
Other Unusual Items	-	-	-	0.28	0.14
Pretax Income	108.93	121.63	36.85	39.22	16.96
Income Tax Expense	-13.31	21.46	27.96	5.08	1.88
Earnings From Continuing Operations	122.24	100.16	8.89	34.15	15.08
Minority Interest in Earnings	2.64	0.34	1.76	-	-
Net Income	124.88	100.51	10.65	34.15	15.08
Net Income to Common	124.88	100.51	10.65	34.15	15.08
Net Income Growth	-	843.65%	-68.81%	126.43%	-
Shares Outstanding (Basic)	117	117	117	117	90
Shares Outstanding (Diluted)	117	117	117	117	90
Shares Change (YoY)	-	-	-	30.00%	-
EPS (Basic)	1.07	0.86	0.09	0.29	0.17
EPS (Diluted)	1.07	0.86	0.09	0.29	0.17
EPS Growth	-	843.65%	-68.81%	74.18%	-
Free Cash Flow	267.33	-10.26	187.96	103.4	57.49
Free Cash Flow Per Share	2.28	-0.09	1.61	0.88	0.64
Gross Margin	23.02%	11.63%	16.64%	20.43%	20.05%
Operating Margin	7.87%	4.11%	6.71%	8.01%	9.67%
Profit Margin	7.40%	4.71%	0.90%	17.20%	11.60%
Free Cash Flow Margin	15.84%	-0.48%	15.95%	52.09%	44.21%
EBITDA	158.4	102.01	91.03	17.34	13.07
EBITDA Margin	9.39%	4.78%	7.72%	8.74%	10.05%
D&A For EBITDA	25.65	14.3	12.01	1.45	0.49
EBIT	132.75	87.72	79.02	15.89	12.58
EBIT Margin	7.87%	4.11%	6.71%	8.01%	9.67%
Effective Tax Rate	-	17.65%	75.87%	12.94%	11.11%
Advertising Expenses	-	2.84	1.57	0.52	0.07

Source: S&P Capital IQ. Standard template. Financial Sources.