ERCB Income Statement - TTM - Erciyas Çelik Boru Sanayi A.S.

Income Statement (TTM)

Erciyas Çelik Boru Sanayi A.S. Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.

All numbers are times 1,000,000 except per share units.

	2020 12-31	2021 03-31	2021 06-30	2021 09-30	2021 12-31	2022 03-31	2022 06-30	2022 09-30	2022 12-31	2023 03-31	2023 06-30	2023 09-30	2023 12-31	2024 03-31	2024 06-30	2024 09-30	2024 12-31	2025 03-31	2025 06-30
Revenue	922	887	833	816	1,050	1,597	2,195	2,971	3,518	4,417	6,249	7,419	8,263	8,335	7,638	7,046	7,249	6,898	7,193
Change (%)		-3.79	-6.03	-2.02	28.67	52.03	37.47	35.34	18.41	25.54	41.48	18.74	11.36	0.88	-8.37	-7.75	2.89	-4.84	4.27
% of Revenue	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00

Cost Of Sales	676	631	575	593	812	1,285	1,802	2,393	2,916	3,617	5,178	6,206	6,804	6,839	6,150	5,794	5,959	5,699	5,859
Change (%)		-6.60	-8.86	3.04	36.87	58.40	40.20	32.78	21.85	24.05	43.16	19.84	9.64	0.51	-10.07	-5.79	2.85	-4.37	2.82
% of Revenue	73.35	71.21	69.06	72.63	77.26	80.50	82.10	80.54	82.88	81.90	82.87	83.64	82.35	82.04	80.53	82.23	82.20	82.61	81.46

Gross Operating Profit	246	255	258	223	239	311	393	578	602	800	1,071	1,214	1,459	1,497	1,487	1,252	1,290	1,199	1,334
Change (%)		3.94	0.98	-13.32	6.90	30.38	26.21	47.08	4.17	32.78	33.91	13.39	20.16	2.61	-0.62	-15.83	3.07	-7.04	11.20
% of Revenue	26.65	28.79	30.94	27.37	22.74	19.50	17.90	19.46	17.12	18.10	17.13	16.36	17.65	17.96	19.47	17.77	17.80	17.39	18.54

SG&A	162	150	148	131	150	195	229	335	418	607	725	769	1,024	957	1,038	1,068	915	853	799
Change (%)		-7.54	-1.12	-11.96	14.98	30.01	17.35	46.15	24.67	45.33	19.54	5.96	33.29	-6.54	8.42	2.92	-14.35	-6.75	-6.38
% of Revenue	17.61	16.93	17.81	16.00	14.30	12.23	10.44	11.27	11.87	13.74	11.61	10.36	12.40	11.49	13.59	15.16	12.62	12.37	11.11

R&D	1	1	2	1	3	3	3	5	4	4	7	12	13	14	13	10	12	17	20
Change (%)		29.13	38.75	-8.28	69.39	27.27	-20.11	78.30	-1.91	-3.70	68.91	62.59	6.76	9.16	-4.83	-22.92	20.84	37.18	20.33
% of Revenue	0.10	0.13	0.19	0.18	0.24	0.20	0.12	0.15	0.13	0.10	0.12	0.16	0.15	0.17	0.17	0.14	0.17	0.24	0.28

OpEx	783	727	658	686	926	1,453	1,995	2,655	3,257	4,107	5,745	6,813	7,861	7,867	7,139	6,672	6,874	6,549	7,013
Change (%)		-7.23	-9.44	4.19	35.14	56.80	37.30	33.12	22.66	26.11	39.87	18.60	15.38	0.08	-9.26	-6.54	3.03	-4.73	7.09
% of Revenue	84.99	81.95	78.97	83.98	88.20	90.97	90.86	89.37	92.57	92.99	91.93	91.83	95.13	94.38	93.47	94.69	94.82	94.94	97.50

Operating Income	138	160	175	131	124	144	201	316	261	310	504	606	402	468	499	374	375	349	180
Change (%)		15.68	9.49	-25.34	-5.28	16.39	39.15	57.47	-17.31	18.50	62.82	20.32	-33.71	16.53	6.49	-25.04	0.39	-6.96	-48.55
% of Revenue	15.01	18.05	21.03	16.02	11.80	9.03	9.14	10.63	7.43	7.01	8.07	8.17	4.87	5.62	6.53	5.31	5.18	5.06	2.50

Interest Expense	-42	-45	-49	-49	-34	-37	-45	-65	-104	-155	-166	-214	-268	-505	-620	-705	-614	-499	-1,308
Change (%)		7.24	9.25	-1.25	-30.09	9.07	20.21	45.60	60.14	48.85	7.04	28.91	24.96	88.74	22.79	13.57	-12.80	-18.84	162.34
% of Revenue	-4.58	-5.10	-5.93	-5.98	-3.25	-2.33	-2.04	-2.19	-2.96	-3.52	-2.66	-2.89	-3.24	-6.06	-8.12	-10.00	-8.48	-7.23	-18.19

Net Income	75	85	92	74	25	37	57	72	185	188	176	125	92	101	104	111	29	-73	-115
Change (%)		13.81	7.88	-19.15	-66.67	47.99	56.96	25.88	155.99	1.80	-6.28	-29.37	-25.97	10.09	2.79	6.62	-74.31	-356.92	56.84
% of Revenue	8.09	9.58	10.99	9.07	2.35	2.29	2.61	2.43	5.25	4.26	2.82	1.68	1.12	1.22	1.37	1.58	0.39	-1.06	-1.60

Source: Capital IQ

Erciyas Çelik Boru Sanayi A.S. - Income Statement (TTM)

Income Statement (TTM)