IST:ALFAS 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	6,484	7,698	11,165	4,180	438.55
Revenue Growth (YoY)	-37.29%	-31.05%	167.13%	853.04%	-
Selling, General & Admin	286.62	325.51	290.43	33.93	5
Other Operating Expenses	6,239	6,895	8,837	3,278	357.21
Total Operating Expenses	6,553	7,226	9,127	3,312	362.21
Operating Income	-69.66	472.28	2,038	867.88	76.34
Interest Expense	-155.26	-130.52	-81.43	-25.3	-11.08
Interest Income	750.43	583.7	1,079	99.37	53.52
Net Interest Expense	595.17	453.18	997.41	74.08	42.44
Income (Loss) on Equity Investments	73.5	63.11	-	-	-2.52
Currency Exchange Gain (Loss)	-600.35	-229.69	-724.73	-58.38	-64.72
Other Non-Operating Income (Expenses)	87.39	-373.03	-501.04	-146.44	-
EBT Excluding Unusual Items	86.05	385.85	1,809	737.14	51.54
Gain (Loss) on Sale of Investments	-119.28	-33.31	-26.67	-6	-0.06
Legal Settlements	0.01	-0.05	-0.11	-0.46	-0.1
Other Unusual Items	0.11	0.09	0.67	-	-
Pretax Income	-33.11	352.58	1,783	730.67	51.38
Income Tax Expense	112.06	155.03	282.8	-85.34	2.97
Earnings From Continuing Ops.	-145.17	197.55	1,500	816.02	48.4
Minority Interest in Earnings	0.7	1.66	0.04	-	-
Net Income	-144.47	199.21	1,500	816.02	48.4
Net Income to Common	-144.47	199.21	1,500	816.02	48.4
Net Income Growth	-	-86.72%	83.86%	1585.89%	-
Shares Outstanding (Basic)	368	368	368	368	38
Shares Outstanding (Diluted)	368	368	368	368	38
Shares Change (YoY)	-	-	-	866.33%	-
EPS (Basic)	-0.39	0.54	4.08	2.22	1.27
EPS (Diluted)	-0.39	0.54	4.08	2.22	1.27
EPS Growth	-	-86.72%	83.86%	74.46%	-
Free Cash Flow	-1,552	-536.11	-1,853	571.25	89.62
Free Cash Flow Per Share	-4.22	-1.46	-5.04	1.55	2.35
Dividend Per Share	0.163	0.163	0.815	-	-
Dividend Growth	-80.00%	-80.00%	-	-	-
Profit Margin	-2.23%	2.59%	13.44%	19.52%	11.04%
Free Cash Flow Margin	-23.94%	-6.96%	-16.60%	13.67%	20.43%
EBITDA	108.52	572.85	2,077	881.23	78.78
EBITDA Margin	1.67%	7.44%	18.60%	21.08%	17.96%
D&A For EBITDA	178.18	100.56	39.55	13.35	2.44
EBIT	-69.66	472.28	2,038	867.88	76.34
EBIT Margin	-1.07%	6.13%	18.25%	20.77%	17.41%
Effective Tax Rate	-	43.97%	15.86%	-	5.79%

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