Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi (IST:HATSN)

IST:HATSN Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,738	3,792	3,267	2,253	458.1	384.19
Revenue Growth (YoY)	-8.46%	16.08%	44.98%	391.83%	19.24%	-
Cost of Revenue	3,486	3,217	2,504	1,349	378.3	337.28
Gross Profit	252.57	575.16	762.32	904.32	79.8	46.9
Selling, General & Admin	89.93	159.18	168.47	130.8	20.58	19.3
Other Operating Expenses	-71.87	-19.61	133.02	2.86	9.12	1.26
Operating Expenses	18.06	139.57	301.49	133.65	29.7	20.56
Operating Income	234.51	435.6	460.83	770.67	50.1	26.34
Interest Expense	-29.74	-45.77	-321.08	-179.16	-2.68	-13.04
Interest & Investment Income	151.89	105.72	58.62	54.72	42.28	11.3
Currency Exchange Gain (Loss)	48.2	190.72	238.98	-15.61	-69.13	-17.93
Other Non Operating Income (Expenses)	-359.27	268.66	142.47	276.62	-	-
EBT Excluding Unusual Items	45.59	954.93	579.81	907.24	20.58	6.67
Gain (Loss) on Sale of Investments	30.38	-	-	-121.12	-	-
Legal Settlements	-	-	-	-	-1.25	-4.3
Pretax Income	75.97	954.93	579.81	786.12	19.33	2.37
Income Tax Expense	-24.84	318.97	-467.29	114.48	8.5	-5.57
Earnings From Continuing Operations	100.81	635.96	1,047	671.65	10.83	7.94
Minority Interest in Earnings	-	-	-	28.6	-3.87	-0.95
Net Income	100.81	635.96	1,047	700.24	6.96	6.99
Net Income to Common	100.81	635.96	1,047	700.24	6.96	6.99
Net Income Growth	-94.06%	-39.27%	49.53%	9961.61%	-0.47%	-
Shares Outstanding (Basic)	222	222	222	188	18	6
Shares Outstanding (Diluted)	222	222	222	188	18	6
Shares Change (YoY)	-	-	17.80%	942.50%	184.00%	-
EPS (Basic)	0.46	2.87	4.73	3.72	0.39	1.10
EPS (Diluted)	0.46	2.87	4.73	3.72	0.39	1.10
EPS Growth	-94.06%	-39.27%	26.94%	865.14%	-64.95%	-
Free Cash Flow	-1,002	-163.78	-714.41	332.98	-462.9	-37.17
Free Cash Flow Per Share	-4.53	-0.74	-3.23	1.77	-25.66	-5.85
Gross Margin	6.76%	15.17%	23.34%	40.14%	17.42%	12.21%
Operating Margin	6.27%	11.49%	14.11%	34.21%	10.94%	6.86%
Profit Margin	2.70%	16.77%	32.06%	31.08%	1.52%	1.82%
Free Cash Flow Margin	-26.81%	-4.32%	-21.87%	14.78%	-101.05%	-9.68%
EBITDA	470.68	657.13	652.83	865	58.3	32.56
EBITDA Margin	12.59%	17.33%	19.98%	38.39%	12.73%	8.47%
D&A For EBITDA	236.18	221.53	192	94.32	8.2	6.21
EBIT	234.51	435.6	460.83	770.67	50.1	26.34
EBIT Margin	6.27%	11.49%	14.11%	34.21%	10.94%	6.86%
Effective Tax Rate	-	33.40%	-	14.56%	43.97%	-

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