IST:BAYRK 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	230.64	330.33	423.47	278.86	67.62
Revenue Growth (YoY)	-30.18%	-22.00%	51.86%	312.41%	78.66%
Cost of Revenue	229.49	325.3	382.04	248.97	50.24
Gross Profit	1.15	5.02	41.43	29.9	17.38
Selling, General & Admin	51.28	48.71	45.3	21.76	6.19
Other Operating Expenses	65.79	37	-4.07	-2.45	-0.34
Operating Expenses	117.06	85.72	41.23	19.31	5.85
Operating Income	-115.91	-80.69	0.19	10.59	11.53
Interest Expense	-89.84	-82.08	-33.4	-19.91	-4.92
Interest & Investment Income	0.03	-	8.09	2.82	0.64
Currency Exchange Gain (Loss)	-44.26	1.34	1.75	-0.51	-0.55
Other Non Operating Income (Expenses)	19.11	42.99	53.52	-13.64	-0.2
EBT Excluding Unusual Items	-230.88	-118.43	30.15	-20.65	6.51
Gain (Loss) on Sale of Investments	-5.39	-5.67	-	-	-0
Asset Writedown	-1.89	-	-	-	-
Pretax Income	-238	-124.1	30.15	-20.65	6.51
Income Tax Expense	-42.39	17.72	-7.83	13.66	1.75
Net Income	-195.61	-141.82	37.98	-34.31	4.76
Net Income to Common	-195.61	-141.82	37.98	-34.31	4.76
Net Income Growth	-	-	-	-	13.62%
Shares Outstanding (Basic)	250	209	190	209	209
Shares Outstanding (Diluted)	250	209	190	209	209
Shares Change (YoY)	19.82%	9.77%	-8.90%	-	-
EPS (Basic)	-0.78	-0.68	0.20	-0.16	0.02
EPS (Diluted)	-0.78	-0.68	0.20	-0.16	0.02
EPS Growth	-	-	-	-	13.61%
Free Cash Flow	-148.94	-56.08	-50.28	-5.22	-3.02
Free Cash Flow Per Share	-0.60	-0.27	-0.27	-0.03	-0.01
Gross Margin	0.50%	1.52%	9.78%	10.72%	25.70%
Operating Margin	-50.26%	-24.43%	0.05%	3.80%	17.05%
Profit Margin	-84.81%	-42.93%	8.97%	-12.30%	7.04%
Free Cash Flow Margin	-64.58%	-16.98%	-11.87%	-1.87%	-4.46%
EBITDA	-67.13	-27.94	31.05	30.66	15.3
EBITDA Margin	-29.10%	-8.46%	7.33%	10.99%	22.63%
D&A For EBITDA	48.79	52.75	30.85	20.07	3.77
EBIT	-115.91	-80.69	0.19	10.59	11.53
EBIT Margin	-50.26%	-24.43%	0.05%	3.80%	17.05%
Effective Tax Rate	-	-	-	-	26.85%
Advertising Expenses	0.42	-	-	-	0.09

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