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Income Statement (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 40.2B | 15.1% |
| Gross Profit | 11B | 30.9% |
| Cost of Revenue | 29.2B | 10.1% |
| Operating expense | 4.6B | 33.3% |
| Net Income | 14.3B | 391.7% |
| EBITDA | 21.3B | 28.6% |
Balance Sheet (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 327B | 9% |
| Total Liabilities | 152B | 3.2% |
| Total Equity | 174B | 14.6% |
| Shares Outstanding | 2.18B | 0% |
Cash Flow (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 21.7B | 94.1% |
| Cash from financing | -3.89B | 5329.6% |
Financial Highlights for Turkcell in Q3 '24
Turkcell reported a revenue of 40.2B, which is a 15.1% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 11B, marking a 30.9% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 29.2B, a 10.1% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 4.6B, showing a 33.3% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 14.3B, showing a 391.7% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 21.3B, showing a 28.6% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Turkcell with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
