Matriks Finansal Teknolojiler A.S. (IST:MTRKS)

IST:MTRKS 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	959.87	980.07	858.85	478.83	165.08	113.41
Revenue Growth (YoY)	-21.11%	14.11%	79.36%	190.05%	45.56%	60.76%
Cost of Revenue	746.15	624.28	669.25	367.34	135.46	90.55
Gross Profit	213.72	355.78	189.59	111.49	29.63	22.86
Selling, General & Admin	100.36	65.01	52.39	34.44	7.73	4.88
Research & Development	0.46	0.46	-	-	-	-
Other Operating Expenses	-3.59	0.78	10.22	0.23	-0.27	1.01
Operating Expenses	97.23	66.25	62.61	34.67	7.45	5.89
Operating Income	116.49	289.53	126.98	76.82	22.17	16.97
Interest Expense	-7.62	-0.72	-4.3	-1.2	-0.43	-2.75
Interest & Investment Income	115.95	71.12	23.17	5.87	4.11	1.43
Earnings From Equity Investments	10.23	4.54	-0.01	-	0.01	-0.01
Currency Exchange Gain (Loss)	-2.37	-2.37	-0.03	-0.47	0.03	0.49
Other Non Operating Income (Expenses)	-53.52	-228.84	-17.17	-20.49	-	-
EBT Excluding Unusual Items	179.16	133.26	128.64	60.54	25.89	16.13
Gain (Loss) on Sale of Investments	-0.04	-0.01	-	-	-	-
Pretax Income	179.12	133.25	128.64	60.54	25.89	16.13
Income Tax Expense	13.21	1.55	0.18	0.05	0.01	-0.02
Earnings From Continuing Operations	165.91	131.7	128.46	60.48	25.88	16.15
Minority Interest in Earnings	-6.61	-1.1	0.01	0.15	-0.03	0.12
Net Income	159.3	130.6	128.47	60.63	25.85	16.27
Net Income to Common	159.3	130.6	128.47	60.63	25.85	16.27
Net Income Growth	-15.29%	1.66%	111.89%	134.54%	58.91%	153.00%
Shares Outstanding (Basic)	98	101	101	99	50	26
Shares Outstanding (Diluted)	98	101	101	99	50	26
Shares Change (YoY)	-2.85%	-	1.39%	100.00%	87.46%	-17.92%
EPS (Basic)	1.63	1.30	1.28	0.61	0.52	0.62
EPS (Diluted)	1.63	1.30	1.28	0.61	0.52	0.62
EPS Growth	-12.80%	1.65%	109.32%	17.08%	-15.23%	208.26%
Free Cash Flow	177.86	46.33	144.13	17.55	36.32	32.56
Free Cash Flow Per Share	1.82	0.46	1.43	0.18	0.73	1.23
Dividend Per Share	0.124	0.124	0.199	0.100	0.070	0.059
Dividend Growth	-37.50%	-37.50%	100.00%	42.75%	19.14%	-
Gross Margin	22.26%	36.30%	22.07%	23.28%	17.95%	20.16%
Operating Margin	12.14%	29.54%	14.79%	16.04%	13.43%	14.97%
Profit Margin	16.60%	13.33%	14.96%	12.66%	15.66%	14.34%
Free Cash Flow Margin	18.53%	4.73%	16.78%	3.67%	22.00%	28.71%
EBITDA	157.61	296.84	129.85	93.16	23.92	17.73
EBITDA Margin	16.42%	30.29%	15.12%	19.46%	14.49%	15.63%
D&A For EBITDA	41.12	7.31	2.87	16.34	1.75	0.75
EBIT	116.49	289.53	126.98	76.82	22.17	16.97
EBIT Margin	12.14%	29.54%	14.79%	16.04%	13.43%	14.97%
Effective Tax Rate	7.37%	1.16%	0.14%	0.09%	0.04%	-
Advertising Expenses	-	4.56	2.67	1.77	0.36	0.15

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