IST:TNZTP 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
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	2,597	2,188	1,896	1,075	309.56
Revenue Growth (YoY)	-2.20%	15.41%	76.40%	247.20%	-
Cost of Revenue	1,521	1,396	1,373	825.64	228.99
Gross Profit	1,077	792.02	522.72	249.15	80.57
Selling, General & Admin	167.81	253.05	235.94	68.22	26.22
Other Operating Expenses	204.94	144.23	44.81	11.86	15.3
Operating Expenses	376.52	400.4	283.37	80.66	41.58
Operating Income	700.13	391.62	239.35	168.49	38.99
Interest Expense	-103.28	-344.99	-102.87	-32.17	-7.02
Interest & Investment Income	605	1,927	1,445	159.27	17.6
Currency Exchange Gain (Loss)	-0.52	19.05	89.11	50.68	24.98
Other Non Operating Income (Expenses)	131.99	252.17	-284.35	-47.11	-0.3
EBT Excluding Unusual Items	1,333	2,245	1,387	299.16	74.26
Gain (Loss) on Sale of Investments	-495.15	-486.82	-10.13	-1.43	-0.9
Pretax Income	838.18	1,758	1,377	297.72	73.37
Income Tax Expense	411.53	497.94	188.75	31.59	7.52
Earnings From Continuing Operations	426.64	1,260	1,188	266.13	65.84
Minority Interest in Earnings	-	-	0.01	-	-
Net Income	426.64	1,260	1,188	266.13	65.84
Net Income to Common	426.64	1,260	1,188	266.13	65.84
Net Income Growth	-83.23%	6.06%	346.33%	304.19%	-
Shares Outstanding (Basic)	400	400	400	312	312
Shares Outstanding (Diluted)	400	400	400	312	312
Shares Change (YoY)	-	-	28.00%	-	-
EPS (Basic)	1.07	3.15	2.97	0.85	0.21
EPS (Diluted)	1.06	3.15	2.97	0.85	0.21
EPS Growth	-83.27%	6.04%	248.87%	303.99%	-
Free Cash Flow	-795.05	-800.54	341.62	3.98	76.17
Free Cash Flow Per Share	-1.99	-2.00	0.85	0.01	0.24
Gross Margin	41.45%	36.20%	27.57%	23.18%	26.03%
Operating Margin	26.96%	17.90%	12.63%	15.68%	12.60%
Profit Margin	16.43%	57.58%	62.65%	24.76%	21.27%
Free Cash Flow Margin	-30.61%	-36.59%	18.02%	0.37%	24.61%
EBITDA	815.94	568.35	422.73	238.45	50.07
EBITDA Margin	31.42%	25.97%	22.30%	22.18%	16.18%
D&A For EBITDA	115.81	176.73	183.38	69.95	11.08
EBIT	700.13	391.62	239.35	168.49	38.99
EBIT Margin	26.96%	17.90%	12.63%	15.68%	12.60%
Effective Tax Rate	49.10%	28.33%	13.71%	10.61%	10.25%
Advertising Expenses	-	2.12	1.72	0.72	-

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