Income Statement | | | | | | | | | | | | | |
| | | | | | | | | | | | Original | |
TRY | Fiscal Year Ending | | Latest | |
(in millions) | Dec-15 | Dec-16 | Dec-17 | Dec-18 | Dec-19 | Dec-20 | Dec-21 | Dec-22 | Dec-23 | Dec-24 | | Dec-24 | |
| FY - 9 | FY - 8 | FY - 7 | FY - 6 | FY - 5 | FY - 4 | FY - 3 | FY - 2 | FY - 1 | FY | | LTM | |
| | | | | | | | | | | | | |
Net Revenue | 7,090 | 8,428 | 11,018 | 10,982 | 9,112 | 12,052 | 12,465 | 44,052 | 66,658 | 83,229 | | 83,229 | |
% Growth | NA | 18.9% | 30.7% | -0.3% | -17.0% | 32.3% | 3.4% | 253.4% | 51.3% | 24.9% | | | |
| | | | | | | | | | | | | |
Research and Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Selling and Marketing | (141) | (166) | (226) | (215) | (208) | (270) | (501) | (1,244) | (1,866) | (2,039) | | (2,039) | |
General and Admin | (2,036) | (2,326) | (204) | (2,912) | (3,120) | (3,888) | (4,788) | (9,076) | (20,797) | (32,486) | | (32,486) | |
Other Exp / (Inc) | (2,014) | (2,587) | (5,434) | (4,823) | (3,378) | (4,388) | (5,293) | (9,066) | (28,667) | (29,663) | | (29,663) | |
Total Operating Exp | (4,191) | (5,079) | (5,864) | (7,949) | (6,706) | (8,546) | (10,582) | (19,387) | (51,331) | (64,188) | | (64,188) | |
| | | | | | | | | | | | | |
Operating Income | 2,898 | 3,349 | 5,154 | 3,033 | 2,406 | 3,506 | 1,883 | 24,665 | 15,327 | 19,040 | | 19,040 | |
% Revenue | 40.9% | 39.7% | 46.8% | 27.6% | 26.4% | 29.1% | 15.1% | 56.0% | 23.0% | 22.9% | | 22.9% | |
| | | | | | | | | | | | | |
Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Pre-tax Income | 2,898 | 3,349 | 5,154 | 3,033 | 2,406 | 3,506 | 1,883 | 24,665 | 15,327 | 19,040 | | 19,040 | |
Earnings of Discontinued Ops. | 0 | 0 | 0 | 10 | 194 | 939 | 0 | 0 | 0 | 0 | | 0 | |
Provision for Taxes | (570) | (810) | (1,103) | (362) | (307) | (753) | (38) | (5,685) | 2,426 | 4,187 | | 4,187 | |
Net Income to Company | 2,328 | 2,539 | 4,051 | 2,681 | 2,293 | 3,692 | 1,844 | 18,981 | 17,753 | 23,227 | | 23,227 | |
% Margin | 32.8% | 30.1% | 36.8% | 24.4% | 25.2% | 30.6% | 14.8% | 43.1% | 26.6% | 27.9% | | 27.9% | |
| | | | | | | | | | | | | |
Minority Interest in Earnings | (10) | (6) | (12) | (24) | (25) | (7) | (8) | (624) | (922) | (1,189) | | (1,189) | |
Net Income to Stockholders | 2,318 | 2,534 | 4,038 | 2,657 | 2,268 | 3,685 | 1,836 | 18,356 | 16,831 | 22,038 | | 22,038 | |
| | | | | | | | | | | | | |
Preferred Dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Other Adj. | 0 | 0 | 0 | (10) | (194) | (939) | 0 | 0 | 0 | 0 | | 0 | |
| | | | | | | | | | | | | |
Net Income to Common | 2,318 | 2,534 | 4,038 | 2,647 | 2,074 | 2,746 | 1,836 | 18,356 | 16,831 | 22,038 | | 22,038 | |
% Margin | 32.7% | 30.1% | 36.7% | 24.1% | 22.8% | 22.8% | 14.7% | 41.7% | 25.2% | 26.5% | | 26.5% | |
| | | | | | | | | | | | | |
As Reported | | | | | | | | | | | | | |
Basic EPS (Continuing Ops) | 1.85 | 2.03 | 3.24 | 2.12 | 1.66 | 1.37 | 0.74 | 4.10 | 2.53 | 3.07 | | 3.07 | |
Diluted EPS (Continuing Ops) | 1.85 | 2.03 | 3.24 | 2.12 | 1.66 | 1.37 | 0.74 | 4.10 | 2.53 | 3.07 | | 3.07 | |
| | | | | | | | | | | | | |
WA Basic Shares Out. | 1,250 | 1,250 | 1,246 | 1,250 | 1,250 | 1,999 | 2,474 | 4,477 | 6,645 | 7,185 | | 7,185 | |
WA Diluted Shares Out. | 1,250 | 1,250 | 1,246 | 1,250 | 1,250 | 1,999 | 2,474 | 4,477 | 6,645 | 7,185 | | 7,185 | |
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Unusual Items Reconciliation | | | | | | | | | | | | | |
Addback: Other Non Operating Expenses, Total | 10 | 32 | (22) | (27) | (34) | (25) | (36) | (110) | (210) | (352) | | (352) | |
Addback: Restructuring Charges | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Merger / Acquisition Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Goodwill Impairment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Gain (Loss) On Sale Of Invest. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Gain (Loss) On Sale Of Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Asset Writedown | 2 | 9 | 0 | 0 | 2 | 6 | 3 | 9 | 26 | 54 | | 54 | |
Addback: In Process R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Insurance Settlements | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Legal Settlements | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Other Unusual Items | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,122 | 0 | | 0 | |
Total Unusual Items | 12 | 41 | (21) | (26) | (32) | (19) | (33) | (101) | 6,938 | (298) | | (298) | |
% Margin | 0.2% | 0.5% | -0.2% | -0.2% | -0.3% | -0.2% | -0.3% | -0.2% | 10.4% | -0.4% | | -0.4% | |
| | | | | | | | | | | | | |
Adjusted Net Income Reconciliation | | | | | | | | | | | | | |
Net Income to Company | 2,328 | 2,539 | 4,051 | 2,681 | 2,293 | 3,692 | 1,844 | 18,981 | 17,753 | 23,227 | | 23,227 | |
Addback: Unusual Items | 2 | 9 | 0 | 0 | 2 | 6 | 3 | 9 | 7,148 | 54 | | 54 | |
Less: Tax Benefit of Unusual Items (26%) | (0) | (2) | (0) | (0) | (1) | (2) | (1) | (2) | (1,858) | (14) | | (14) | |
Adjusted Net Income | 2,330 | 2,546 | 4,051 | 2,681 | 2,294 | 3,696 | 1,847 | 18,987 | 23,043 | 23,267 | | 23,267 | |
% Margin | 32.9% | 30.2% | 36.8% | 24.4% | 25.2% | 30.7% | 14.8% | 43.1% | 34.6% | 28.0% | | 28.0% | |