IST:VSNMD 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	FY
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
Revenue	1,051	1,115	1,422	1,396	924.17
Revenue Growth (YoY)	-32.35%	-21.63%	1.87%	51.07%	-
Cost of Revenue	890.86	929.96	1,047	848.64	620.57
Gross Profit	160.02	184.64	375.04	547.51	303.6
Selling, General & Admin	244	222.57	224.31	137.79	91.85
Research & Development	0.56	0.43	-	-	-
Other Operating Expenses	-53.8	-49.52	-22.34	-5.74	-8.36
Operating Expenses	190.76	173.48	201.97	265.29	150.65
Operating Income	-30.74	11.16	173.08	282.22	152.95
Interest Expense	-7.62	-31.94	-54.94	-67.93	-60.31
Interest & Investment Income	61.74	17.48	58.11	4.68	8.36
Currency Exchange Gain (Loss)	-0.5	-0.5	-8.94	-9.72	2.14
Other Non Operating Income (Expenses)	-7.92	-24.56	73.95	95.29	16.18
EBT Excluding Unusual Items	14.96	-28.35	241.26	304.55	119.32
Gain (Loss) on Sale of Investments	-1.95	-1.34	-18.9	-	-
Legal Settlements	-0.59	-0.59	-2.18	-	-
Other Unusual Items	-	-	-1.06	2.42	0.5
Pretax Income	12.47	-30.23	219.58	306.97	119.83
Income Tax Expense	63.69	-4.63	17.77	30.5	-144.76
Net Income	-51.22	-25.6	201.81	276.47	264.59
Net Income to Common	-51.22	-25.6	201.81	276.47	264.59
Net Income Growth	-	-	-27.00%	4.49%	-
Shares Outstanding (Basic)	-	100	43	32	32
Shares Outstanding (Diluted)	-	100	43	32	32
Shares Change (YoY)	-	130.77%	35.42%	-	-
EPS (Basic)	-	-0.26	4.66	8.64	8.27
EPS (Diluted)	-	-0.26	4.66	8.64	8.27
EPS Growth	-	-	-46.10%	4.49%	-
Free Cash Flow	-80.61	-124.46	255.47	-53.61	-369.45
Free Cash Flow Per Share	-	-1.25	5.90	-1.68	-11.54
Dividend Per Share	0.390	0.390	-	-	-
Gross Margin	15.23%	16.57%	26.37%	39.22%	32.85%
Operating Margin	-2.93%	1.00%	12.17%	20.21%	16.55%
Profit Margin	-4.87%	-2.30%	14.19%	19.80%	28.63%
Free Cash Flow Margin	-7.67%	-11.17%	17.96%	-3.84%	-39.98%
EBITDA	203.24	255.49	388.44	415.46	220.11
EBITDA Margin	19.34%	22.92%	27.31%	29.76%	23.82%
D&A For EBITDA	233.99	244.33	215.36	133.23	67.16
EBIT	-30.74	11.16	173.08	282.22	152.95
EBIT Margin	-2.93%	1.00%	12.17%	20.21%	16.55%
Effective Tax Rate	510.68%	-	8.09%	9.93%	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.