IST:BAKAB Income Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	4,367	4,383	4,936	3,822	895.82	595.4
Revenue Growth (YoY)	-21.63%	-11.21%	29.17%	326.59%	50.46%	26.61%
Cost of Revenue	3,901	4,053	4,327	3,617	760.8	485.98
Gross Profit	465.5	329.79	609.2	204.95	135.02	109.42
Selling, General & Admin	403.87	426.89	417.97	256.32	64.08	46.94
Research & Development	26.7	32.55	30.66	19.17	3.51	2.01
Other Operating Expenses	24.64	0.15	-20.49	-8.11	-1.38	0.34
Operating Expenses	455.21	459.59	428.14	267.38	66.21	49.29
Operating Income	10.29	-129.8	181.06	-62.43	68.81	60.12
Interest Expense	-78.55	-109.22	-165.63	-72.15	-13.63	-5.79
Interest & Investment Income	8.49	7.82	15.13	5.18	1.93	0.63
Currency Exchange Gain (Loss)	-125.17	1.81	-107.01	-8.58	23.75	-12.76
Other Non Operating Income (Expenses)	-27.72	39.98	219.31	186.61	-4.24	-2.99
EBT Excluding Unusual Items	-212.66	-189.42	142.86	48.63	76.62	39.21
Gain (Loss) on Sale of Investments	-	-	-	-	-0.02	-0.08
Pretax Income	-212.66	-189.42	142.86	48.63	76.59	39.13
Income Tax Expense	-36.18	103.67	88.3	-71.58	0.42	8.54
Net Income	-176.48	-293.08	54.56	120.21	76.18	30.59
Net Income to Common	-176.48	-293.08	54.56	120.21	76.18	30.59
Net Income Growth	-	-	-54.61%	57.80%	149.02%	144.22%
Shares Outstanding (Basic)	72	72	72	72	72	72
Shares Outstanding (Diluted)	72	72	72	72	72	72
EPS (Basic)	-2.45	-4.07	0.76	1.67	1.06	0.42
EPS (Diluted)	-2.45	-4.07	0.76	1.67	1.06	0.42
EPS Growth	-	-	-54.61%	57.80%	149.02%	144.22%
Free Cash Flow	-44.42	242.4	213.32	-502.77	-36.44	31.23
Free Cash Flow Per Share	-0.62	3.37	2.96	-6.98	-0.51	0.43
Dividend Per Share	-	-	-	-	-	0.208
Gross Margin	10.66%	7.52%	12.34%	5.36%	15.07%	18.38%
Operating Margin	0.24%	-2.96%	3.67%	-1.63%	7.68%	10.10%
Profit Margin	-4.04%	-6.69%	1.10%	3.15%	8.50%	5.14%
Free Cash Flow Margin	-1.02%	5.53%	4.32%	-13.16%	-4.07%	5.25%
EBITDA	244.2	101.01	397.2	91.17	89.28	78.69
EBITDA Margin	5.59%	2.30%	8.05%	2.39%	9.97%	13.22%
D&A For EBITDA	233.9	230.8	216.14	153.59	20.48	18.56
EBIT	10.29	-129.8	181.06	-62.43	68.81	60.12
EBIT Margin	0.24%	-2.96%	3.67%	-1.63%	7.68%	10.10%
Effective Tax Rate	-	-	61.81%	-	0.55%	21.82%

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