IST:VKING 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
Period Ending	Sep '25 Sep 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
Revenue	584.44	809.67	1,337	1,472	340.07	252.92
Revenue Growth (YoY)	-49.08%	-39.45%	-9.16%	332.87%	34.46%	12.89%
Cost of Revenue	470.44	721.46	1,271	1,384	294.87	196.47
Gross Profit	114	88.21	66.63	87.76	45.2	56.45
Selling, General & Admin	144.47	238	253	182.83	47.27	37.05
Research & Development	7.45	9.6	9.35	7.3	2.06	1.72
Other Operating Expenses	7.69	9.58	-10.8	-3.15	-0.72	0.68
Operating Expenses	159.61	257.18	251.54	186.98	48.61	39.46
Operating Income	-45.61	-168.97	-184.91	-99.21	-3.41	16.99
Interest Expense	-947.47	-766.54	-310.6	-165.46	-38.54	-26.57
Interest & Investment Income	55.51	50.07	7.96	3.89	0.45	0.57
Currency Exchange Gain (Loss)	-128.1	-85.62	-213.04	-105.96	-69.52	-9.2
Other Non Operating Income (Expenses)	401.49	494.9	579.66	499.92	-10.89	-8.11
EBT Excluding Unusual Items	-664.18	-476.15	-120.93	133.18	-121.91	-26.31
Gain (Loss) on Sale of Investments	-	-	-0.58	-103.03	-	-
Legal Settlements	-7.88	-7.88	-	-	-	-
Pretax Income	-666.01	-484.03	-121.51	30.14	-121.91	-26.31
Income Tax Expense	-15.51	1.3	-62.53	2.28	-3.66	0.47
Net Income	-650.5	-485.33	-58.97	27.86	-118.25	-26.78
Net Income to Common	-650.5	-485.33	-58.97	27.86	-118.25	-26.78
Shares Outstanding (Basic)	42	42	42	42	42	42
Shares Outstanding (Diluted)	42	42	42	42	42	42
EPS (Basic)	-15.49	-11.56	-1.40	0.66	-2.82	-0.64
EPS (Diluted)	-15.49	-11.56	-1.40	0.66	-2.82	-0.64
Free Cash Flow	-248.77	-390.87	-497.69	-132.04	-58.35	3.09
Free Cash Flow Per Share	-5.92	-9.31	-11.85	-3.14	-1.39	0.07
Gross Margin	19.51%	10.90%	4.98%	5.96%	13.29%	22.32%
Operating Margin	-7.80%	-20.87%	-13.83%	-6.74%	-1.00%	6.72%
Profit Margin	-111.30%	-59.94%	-4.41%	1.89%	-34.77%	-10.59%
Free Cash Flow Margin	-42.56%	-48.28%	-37.22%	-8.97%	-17.16%	1.22%
EBITDA	23.7	-94.03	-105.65	-54.34	7.41	26.74
EBITDA Margin	4.06%	-11.61%	-7.90%	-3.69%	2.18%	10.57%
D&A For EBITDA	69.31	74.94	79.26	44.87	10.82	9.75
EBIT	-45.61	-168.97	-184.91	-99.21	-3.41	16.99
EBIT Margin	-7.80%	-20.87%	-13.83%	-6.74%	-1.00%	6.72%
Effective Tax Rate	-	-	-	7.58%	-	-
Advertising Expenses	-	2.07	4.59	3.97	0.94	0.59

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