IST:BALSU 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	11,795	14,671	12,955	11,002	13,002
Revenue Growth (YoY)	-8.95%	13.25%	17.75%	-15.38%	-
Cost of Revenue	10,426	13,126	11,297	10,063	10,835
Gross Profit	1,369	1,544	1,658	938.52	2,167
Selling, General & Admin	738.72	708.38	667.6	621.13	524.23
Other Operating Expenses	-155.3	-96.82	-130.53	-38.39	-19.63
Operating Expenses	583.43	611.56	537.07	582.75	504.59
Operating Income	785.41	932.67	1,121	355.78	1,662
Interest Expense	-436.42	-1,211	-1,005	-540.27	-326.24
Interest & Investment Income	113.72	21.94	7.08	31.88	45.13
Currency Exchange Gain (Loss)	-1,235	-111.62	11.4	398.59	782.68
Other Non Operating Income (Expenses)	485.72	545.93	717.75	-317.31	-1,326
EBT Excluding Unusual Items	-286.66	177.97	851.8	-71.34	837.06
Gain (Loss) on Sale of Investments	-0.21	-0.1	-	-6.84	-130.55
Pretax Income	-286.98	177.88	851.8	-78.18	706.51
Income Tax Expense	574.82	-27.76	-166.68	-137.71	217.97
Net Income	-861.81	205.63	1,018	59.53	488.54
Net Income to Common	-861.81	205.63	1,018	59.53	488.54
Net Income Growth	-	-79.81%	1610.90%	-87.81%	-
Shares Outstanding (Basic)	109	98	98	98	98
Shares Outstanding (Diluted)	109	98	98	98	98
EPS (Basic)	-7.92	2.09	10.37	0.61	4.98
EPS (Diluted)	-7.92	2.09	10.37	0.61	4.98
EPS Growth	-	-79.81%	1610.89%	-87.81%	-
Free Cash Flow	-6,802	-988.82	-40.93	-658.02	893.28
Free Cash Flow Per Share	-62.52	-10.07	-0.42	-6.70	9.10
Gross Margin	11.61%	10.53%	12.80%	8.53%	16.66%
Operating Margin	6.66%	6.36%	8.65%	3.23%	12.78%
Profit Margin	-7.31%	1.40%	7.86%	0.54%	3.76%
Free Cash Flow Margin	-57.66%	-6.74%	-0.32%	-5.98%	6.87%
EBITDA	895.07	1,039	1,205	429.47	1,697
EBITDA Margin	7.59%	7.08%	9.30%	3.90%	13.05%
D&A For EBITDA	109.66	106.54	84.52	73.69	34.72
EBIT	785.41	932.67	1,121	355.78	1,662
EBIT Margin	6.66%	6.36%	8.65%	3.23%	12.78%
Effective Tax Rate	-	-	-	-	30.85%
Advertising Expenses	-	3.72	17.62	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.