Barem Ambalaj Sanayi ve Ticaret Anonim Sirketi (IST:BARMA)

IST:BARMA Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,522	2,669	2,859	2,847	771.09	412.13
Revenue Growth (YoY)	-19.23%	-6.64%	0.42%	269.22%	87.10%	35.54%
Cost of Revenue	1,883	1,981	2,158	2,051	566.81	322.88
Gross Profit	639.07	688.38	701	796.16	204.28	89.25
Selling, General & Admin	452.07	407.39	253.84	151.59	39.37	27.71
Other Operating Expenses	-69.54	-26.6	108.06	42	-1.03	7.64
Operating Expenses	382.53	380.79	361.9	193.59	38.33	35.35
Operating Income	256.54	307.59	339.1	602.57	165.95	53.9
Interest Expense	-364.05	-327.77	-173.23	-117.08	-19.2	-13.6
Interest & Investment Income	29.96	41.94	129.04	50.19	17.55	2.86
Currency Exchange Gain (Loss)	134.24	110.14	246.62	47.11	4.82	-2.59
Other Non Operating Income (Expenses)	127.07	36.38	-339.11	-272.25	-8.21	-4.71
EBT Excluding Unusual Items	183.76	168.27	202.41	310.53	160.92	35.86
Gain (Loss) on Sale of Investments	8.49	13.18	19.41	-	-	-
Pretax Income	192.25	181.44	221.82	310.53	160.95	37.07
Income Tax Expense	-25.83	-42.25	55.55	101.14	38.79	-9.77
Net Income	218.08	223.69	166.27	209.4	122.16	46.85
Net Income to Common	218.08	223.69	166.27	209.4	122.16	46.85
Net Income Growth	-36.06%	34.54%	-20.59%	71.41%	160.76%	87.58%
Shares Outstanding (Basic)	263	263	263	263	225	2
Shares Outstanding (Diluted)	263	263	263	263	225	2
Shares Change (YoY)	-	-	-	16.67%	9900.00%	-
EPS (Basic)	0.83	0.85	0.63	0.80	0.54	20.82
EPS (Diluted)	0.83	0.85	0.63	0.80	0.54	20.82
EPS Growth	-36.06%	34.54%	-20.59%	46.92%	-97.39%	87.58%
Free Cash Flow	-1,444	-1,724	-465.84	-34.43	-44.35	-32.03
Free Cash Flow Per Share	-5.50	-6.57	-1.77	-0.13	-0.20	-14.24
Gross Margin	25.34%	25.79%	24.52%	27.96%	26.49%	21.66%
Operating Margin	10.17%	11.52%	11.86%	21.16%	21.52%	13.08%
Profit Margin	8.65%	8.38%	5.82%	7.36%	15.84%	11.37%
Free Cash Flow Margin	-57.27%	-64.58%	-16.29%	-1.21%	-5.75%	-7.77%
EBITDA	435.6	472.41	474.04	690.19	180.7	64.79
EBITDA Margin	17.27%	17.70%	16.58%	24.24%	23.43%	15.72%
D&A For EBITDA	179.06	164.82	134.94	87.62	14.75	10.88
EBIT	256.54	307.59	339.1	602.57	165.95	53.9
EBIT Margin	10.17%	11.52%	11.86%	21.16%	21.52%	13.08%
Effective Tax Rate	-	-	25.04%	32.57%	24.10%	-
Advertising Expenses	-	5.46	7.26	7.77	0.89	0.12

Updated Mar 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.