IST:VKING 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	760.21	1,060	1,337	1,472	340.07
Revenue Growth (YoY)	-28.27%	-20.75%	-9.16%	332.87%	34.46%
Cost of Revenue	719.11	944.33	1,271	1,384	294.87
Gross Profit	41.1	115.47	66.63	87.76	45.2
Selling, General & Admin	260.72	311.53	253	182.83	47.27
Research & Development	11.42	12.57	9.35	7.3	2.06
Other Operating Expenses	38.81	12.53	-10.8	-3.15	-0.72
Operating Expenses	310.95	336.63	251.54	186.98	48.61
Operating Income	-269.85	-221.16	-184.91	-99.21	-3.41
Interest Expense	-1,305	-1,003	-310.6	-165.46	-38.54
Interest & Investment Income	38.36	65.54	7.96	3.89	0.45
Currency Exchange Gain (Loss)	-91.24	-112.07	-213.04	-105.96	-69.52
Other Non Operating Income (Expenses)	682.51	647.79	579.66	499.92	-10.89
EBT Excluding Unusual Items	-945.65	-623.24	-120.93	133.18	-121.91
Gain (Loss) on Sale of Investments	-	-	-0.58	-103.03	-
Legal Settlements	-3.53	-10.31	-	-	-
Pretax Income	-949.18	-633.56	-121.51	30.14	-121.91
Income Tax Expense	33.61	1.7	-62.53	2.28	-3.66
Net Income	-982.79	-635.26	-58.97	27.86	-118.25
Net Income to Common	-982.79	-635.26	-58.97	27.86	-118.25
Shares Outstanding (Basic)	42	42	42	42	42
Shares Outstanding (Diluted)	42	42	42	42	42
EPS (Basic)	-23.40	-15.13	-1.40	0.66	-2.82
EPS (Diluted)	-23.40	-15.13	-1.40	0.66	-2.82
Free Cash Flow	-360.22	-561.98	-497.69	-132.04	-58.35
Free Cash Flow Per Share	-8.58	-13.38	-11.85	-3.14	-1.39
Gross Margin	5.41%	10.90%	4.98%	5.96%	13.29%
Operating Margin	-35.50%	-20.87%	-13.83%	-6.74%	-1.00%
Profit Margin	-129.28%	-59.94%	-4.41%	1.89%	-34.77%
Free Cash Flow Margin	-47.38%	-53.03%	-37.22%	-8.97%	-17.16%
EBITDA	-169.26	-123.07	-105.65	-54.34	7.41
EBITDA Margin	-22.26%	-11.61%	-7.90%	-3.69%	2.18%
D&A For EBITDA	100.58	98.09	79.26	44.87	10.82
EBIT	-269.85	-221.16	-184.91	-99.21	-3.41
EBIT Margin	-35.50%	-20.87%	-13.83%	-6.74%	-1.00%
Effective Tax Rate	-	-	-	7.58%	-
Advertising Expenses	9.06	2.71	4.59	3.97	0.94

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