IST:KCAER 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	19,056	19,235	22,219	17,588	4,216
Revenue Growth (YoY)	-20.89%	-13.43%	26.33%	317.15%	-
Cost of Revenue	15,855	16,184	17,953	14,485	3,366
Gross Profit	3,201	3,051	4,266	3,103	850.75
Selling, General & Admin	1,539	1,347	1,361	1,209	312.74
Research & Development	14.29	17.29	10.08	5.31	1.81
Other Operating Expenses	160.48	250.98	84.49	-29.33	28.45
Operating Expenses	1,713	1,615	1,456	1,185	342.99
Operating Income	1,487	1,436	2,810	1,918	507.76
Interest Expense	-779.06	-746.15	-780.55	-437.99	-82.22
Interest & Investment Income	601.65	494.94	762.57	413.7	47.47
Earnings From Equity Investments	-	-	-	-	0
Currency Exchange Gain (Loss)	-1,085	-952.63	-683.25	-1,406	-280.18
Other Non Operating Income (Expenses)	941.26	76.52	-19.79	528.39	-16.52
EBT Excluding Unusual Items	1,165	308.88	2,089	1,016	176.33
Gain (Loss) on Sale of Investments	-307.8	-	-24.38	-150.33	-0.89
Gain (Loss) on Sale of Assets	-	-	-	-	6.85
Legal Settlements	-17.17	-9.5	-42.25	6.58	-2.03
Pretax Income	840.53	299.37	2,026	914.4	180.25
Income Tax Expense	315.1	216.25	320.75	-55.6	44.89
Earnings From Continuing Operations	525.42	83.12	1,705	970.01	135.37
Minority Interest in Earnings	-0.67	-0.23	1.19	-5.58	-2.78
Net Income	524.76	82.9	1,706	964.43	132.58
Net Income to Common	524.76	82.9	1,706	964.43	132.58
Net Income Growth	-55.40%	-95.14%	76.92%	627.41%	-
Shares Outstanding (Basic)	1,915	1,915	1,915	1,915	-
Shares Outstanding (Diluted)	1,915	1,915	1,915	1,915	-
EPS (Basic)	0.27	0.04	0.89	0.50	-
EPS (Diluted)	0.27	0.04	0.89	0.50	-
EPS Growth	-55.40%	-95.14%	76.92%	-	-
Free Cash Flow	-279.59	579.68	154.64	1,757	-684.37
Free Cash Flow Per Share	-0.15	0.30	0.08	0.92	-
Dividend Per Share	0.086	0.086	0.104	0.079	-
Dividend Growth	-17.47%	-17.47%	32.32%	-	-
Gross Margin	16.80%	15.86%	19.20%	17.64%	20.18%
Operating Margin	7.80%	7.47%	12.65%	10.91%	12.04%
Profit Margin	2.75%	0.43%	7.68%	5.48%	3.15%
Free Cash Flow Margin	-1.47%	3.01%	0.70%	9.99%	-16.23%
EBITDA	1,833	1,749	3,064	2,059	540.74
EBITDA Margin	9.62%	9.09%	13.79%	11.71%	12.83%
D&A For EBITDA	346.13	313.06	254.16	141.12	32.97
EBIT	1,487	1,436	2,810	1,918	507.76
EBIT Margin	7.80%	7.47%	12.65%	10.91%	12.04%
Effective Tax Rate	37.49%	72.23%	15.83%	-	24.90%
Advertising Expenses	-	1.41	1.75	3.14	-

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