Turkcell Iletisim Hizmetleri A.S. (TKC)

TKC Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	107,116	93,487	108,600	69,503	25,137
Revenue Growth (YoY)	14.58%	-13.92%	56.25%	176.49%	18.06%
Cost of Revenue	-84,418.04	-81,680.93	-86,138.07	-53,111.69	17,083
Gross Profit	191,534	175,168	194,738	122,614	8,054
Selling, General & Admin	9,112	7,172	7,859	5,036	2,335
Other Operating Expenses	6,656	2,029	2,857	2,503	826.15
Operating Expenses	15,768	9,201	10,717	7,539	3,161
Operating Income	175,766	165,967	184,021	115,075	4,893
Interest Expense / Income	19,932	11,949	21,308	8,275	2,025
Other Expense / Income	147,956	149,922	154,677	101,378	-1,164.68
Pretax Income	7,878	4,095	8,036	5,423	4,032
Income Tax	-4,675.89	-2,785.27	900.34	919.74	785.63
Net Income	12,554	6,880	7,135	4,503	3,246
Net Income Growth	82.46%	-3.57%	58.47%	38.70%	60.63%
Shares Outstanding (Basic)	2,200	2,200	2,200	2,200	2,200
EPS (Basic)	14.38	7.88	8.18	5.25	3.73
EPS (Diluted)	14.38	7.88	8.18	5.25	3.73
EPS Growth	82.54%	-3.67%	55.71%	40.94%	60.22%
Free Cash Flow	27,843	26,316	43,923	11,605	6,070
Free Cash Flow Per Share	31.64	29.91	49.91	13.19	6.90
Dividend Per Share	0.095	0.083	0.344	0.118	0.181
Dividend Growth	14.46%	-75.87%	191.53%	-34.81%	-62.45%
Gross Margin	178.81%	187.37%	179.32%	176.42%	32.04%
Operating Margin	164.09%	177.53%	169.45%	165.57%	19.46%
Profit Margin	11.72%	7.36%	6.57%	6.48%	12.92%
Free Cash Flow Margin	25.99%	28.15%	40.44%	16.70%	24.15%
Effective Tax Rate	-59.35%	-68.01%	11.20%	16.96%	19.48%
EBITDA	61,277	51,239	63,214	32,445	11,083
EBITDA Margin	57.21%	54.81%	58.21%	46.68%	44.09%
Depreciation & Amortization	33,467	35,195	33,870	18,748	5,026
EBIT	27,810	16,044	29,344	13,698	6,057
EBIT Margin	25.96%	17.16%	27.02%	19.71%	24.10%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).