Garanti Faktoring AS
IST:GARFA.E
Income Statement
Earnings Waterfall
Garanti Faktoring AS
Income Statement
Garanti Faktoring AS
| Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||
| Interest Expense |
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
0
|
0
|
0
|
|
| Revenue |
376
N/A
|
463
+23%
|
559
+21%
|
639
+14%
|
750
+17%
|
865
+15%
|
1 055
+22%
|
1 348
+28%
|
1 708
+27%
|
2 466
+44%
|
3 279
+33%
|
4 020
+23%
|
4 757
+18%
|
5 196
+9%
|
5 434
+5%
|
5 630
+4%
|
5 945
+6%
|
7 106
+20%
|
8 769
+23%
|
10 474
+19%
|
|
| Gross Profit | |||||||||||||||||||||
| Cost of Revenue |
(233)
|
(294)
|
(364)
|
(417)
|
(467)
|
(520)
|
(605)
|
(750)
|
(939)
|
(1 270)
|
(1 652)
|
(2 177)
|
(2 681)
|
(3 058)
|
(3 243)
|
(3 218)
|
(3 334)
|
(4 197)
|
(5 437)
|
(6 694)
|
|
| Gross Profit |
143
N/A
|
169
+18%
|
195
+15%
|
222
+14%
|
283
+28%
|
345
+22%
|
450
+31%
|
598
+33%
|
769
+29%
|
1 196
+56%
|
1 627
+36%
|
1 843
+13%
|
2 076
+13%
|
2 138
+3%
|
2 191
+2%
|
2 412
+10%
|
2 611
+8%
|
2 908
+11%
|
3 332
+15%
|
3 781
+13%
|
|
| Operating Income | |||||||||||||||||||||
| Operating Expenses |
(113)
|
(105)
|
(77)
|
(91)
|
(102)
|
(112)
|
(128)
|
(143)
|
(167)
|
(174)
|
(245)
|
(250)
|
(307)
|
(307)
|
(298)
|
(377)
|
(414)
|
(531)
|
(653)
|
(879)
|
|
| Selling, General & Administrative |
(44)
|
(46)
|
(47)
|
(57)
|
(57)
|
(65)
|
(76)
|
(84)
|
(104)
|
(122)
|
(149)
|
(183)
|
(222)
|
(258)
|
(300)
|
(373)
|
(421)
|
(459)
|
(511)
|
(577)
|
|
| Depreciation & Amortization |
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
(8)
|
(10)
|
(12)
|
(15)
|
(18)
|
(22)
|
(28)
|
(36)
|
(43)
|
|
| Other Operating Expenses |
(59)
|
(49)
|
(20)
|
(25)
|
(35)
|
(37)
|
(43)
|
(49)
|
(55)
|
(44)
|
(89)
|
(59)
|
(74)
|
(37)
|
17
|
14
|
28
|
(43)
|
(107)
|
(258)
|
|
| Operating Income |
31
N/A
|
64
+109%
|
118
+83%
|
131
+11%
|
182
+39%
|
233
+28%
|
322
+38%
|
456
+42%
|
602
+32%
|
1 023
+70%
|
1 382
+35%
|
1 593
+15%
|
1 769
+11%
|
1 831
+3%
|
1 894
+3%
|
2 034
+7%
|
2 196
+8%
|
2 377
+8%
|
2 679
+13%
|
2 902
+8%
|
|
| Pre-Tax Income | |||||||||||||||||||||
| Interest Income Expense |
66
|
55
|
20
|
39
|
39
|
42
|
47
|
28
|
37
|
(40)
|
(35)
|
(5)
|
(8)
|
88
|
86
|
60
|
69
|
99
|
152
|
189
|
|
| Non-Reccuring Items |
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(6)
|
(9)
|
(20)
|
(37)
|
(66)
|
(95)
|
(106)
|
(102)
|
(84)
|
(60)
|
(48)
|
(34)
|
(38)
|
(53)
|
(70)
|
|
| Pre-Tax Income |
94
N/A
|
117
+25%
|
136
+16%
|
167
+23%
|
217
+30%
|
269
+24%
|
360
+34%
|
464
+29%
|
602
+29%
|
917
+52%
|
1 251
+36%
|
1 483
+19%
|
1 659
+12%
|
1 835
+11%
|
1 920
+5%
|
2 047
+7%
|
2 232
+9%
|
2 438
+9%
|
2 778
+14%
|
3 020
+9%
|
|
| Net Income | |||||||||||||||||||||
| Tax Provision |
(21)
|
(20)
|
(25)
|
(35)
|
(47)
|
(67)
|
(89)
|
(114)
|
(150)
|
(221)
|
(341)
|
(438)
|
(503)
|
(578)
|
(590)
|
(609)
|
(663)
|
(731)
|
(836)
|
(890)
|
|
| Income from Continuing Operations |
73
|
98
|
111
|
132
|
170
|
202
|
271
|
351
|
452
|
697
|
911
|
1 045
|
1 156
|
1 257
|
1 330
|
1 438
|
1 569
|
1 707
|
1 942
|
2 130
|
|
| Net Income (Common) |
73
N/A
|
98
+34%
|
111
+13%
|
132
+19%
|
170
+29%
|
202
+19%
|
271
+34%
|
351
+29%
|
452
+29%
|
697
+54%
|
911
+31%
|
1 045
+15%
|
1 156
+11%
|
1 257
+9%
|
1 330
+6%
|
1 438
+8%
|
1 569
+9%
|
1 707
+9%
|
1 942
+14%
|
2 130
+10%
|
|
| EPS (Diluted) |
0.92
N/A
|
1.23
+34%
|
1.39
+13%
|
0.33
-76%
|
2.14
+548%
|
2.54
+19%
|
3.41
+34%
|
0.88
-74%
|
5.68
+545%
|
8.76
+54%
|
2.29
-74%
|
2.63
+15%
|
2.9
+10%
|
3.16
+9%
|
3.34
+6%
|
3.62
+8%
|
3.95
+9%
|
4.29
+9%
|
4.89
+14%
|
5.36
+10%
|
|