IST:BAKAB Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	5,774	5,737	4,936	3,822	895.82
Revenue Growth (YoY)	0.64%	16.22%	29.17%	326.59%	50.46%
Cost of Revenue	5,191	5,288	4,327	3,617	760.8
Gross Profit	582.88	449.64	609.2	204.95	135.02
Selling, General & Admin	561.16	577.07	417.97	256.32	64.08
Research & Development	38.98	42.26	30.66	19.17	3.51
Other Operating Expenses	7.53	0.2	-20.49	-8.11	-1.38
Operating Expenses	607.67	619.53	428.14	267.38	66.21
Operating Income	-24.79	-169.89	181.06	-62.43	68.81
Interest Expense	-8.33	-3.94	-165.63	-72.15	-13.63
Interest & Investment Income	17.22	10.23	15.13	5.18	1.93
Currency Exchange Gain (Loss)	-156.37	2.36	-107.01	-8.58	23.75
Other Non Operating Income (Expenses)	3.13	-86.69	219.31	186.61	-4.24
EBT Excluding Unusual Items	-169.14	-247.93	142.86	48.63	76.62
Gain (Loss) on Sale of Investments	-	-	-	-	-0.02
Pretax Income	-169.14	-247.93	142.86	48.63	76.59
Income Tax Expense	6.28	135.69	88.3	-71.58	0.42
Net Income	-175.42	-383.62	54.56	120.21	76.18
Net Income to Common	-175.42	-383.62	54.56	120.21	76.18
Net Income Growth	-	-	-54.61%	57.80%	149.02%
Shares Outstanding (Basic)	72	72	72	72	72
Shares Outstanding (Diluted)	72	72	72	72	72
EPS (Basic)	-2.44	-5.33	0.76	1.67	1.06
EPS (Diluted)	-2.44	-5.33	0.76	1.67	1.06
EPS Growth	-	-	-54.61%	57.80%	149.02%
Free Cash Flow	-79.98	372.34	213.32	-502.77	-36.44
Free Cash Flow Per Share	-1.11	5.17	2.96	-6.98	-0.51
Gross Margin	10.10%	7.84%	12.34%	5.36%	15.07%
Operating Margin	-0.43%	-2.96%	3.67%	-1.63%	7.68%
Profit Margin	-3.04%	-6.69%	1.10%	3.15%	8.50%
Free Cash Flow Margin	-1.39%	6.49%	4.32%	-13.16%	-4.07%
EBITDA	280.88	132.21	397.2	91.17	89.28
EBITDA Margin	4.86%	2.30%	8.05%	2.39%	9.97%
D&A For EBITDA	305.68	302.1	216.14	153.59	20.48
EBIT	-24.79	-169.89	181.06	-62.43	68.81
EBIT Margin	-0.43%	-2.96%	3.67%	-1.63%	7.68%
Effective Tax Rate	-	-	61.81%	-	0.55%

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