Bera Holding A.S. 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	19,130	21,811	18,557	15,047	4,217
Revenue Growth (YoY)	-12.29%	17.53%	23.33%	256.80%	49.36%
Cost of Revenue	14,501	16,942	14,382	10,816	3,220
Gross Profit	4,629	4,869	4,175	4,231	997.03
Selling, General & Admin	2,398	2,341	1,873	1,148	370.9
Research & Development	94.38	99.06	63.42	45.95	14.27
Other Operating Expenses	-7.57	-371.03	22.75	-37.69	-16.84
Operating Expenses	2,485	2,069	1,959	1,156	368.33
Operating Income	2,144	2,800	2,216	3,075	628.7
Interest & Investment Income	1,254	1,455	1,508	1,249	508.84
Currency Exchange Gain (Loss)	-690.2	-594.05	283.09	-622.72	36.74
Other Non Operating Income (Expenses)	-1,535	-1,864	770.57	-3,273	-29.86
EBT Excluding Unusual Items	1,173	1,797	4,777	428.6	1,144
Gain (Loss) on Sale of Investments	-425.29	-42.61	-73.8	-364.56	-32.35
Asset Writedown	-	-	-	5.12	-0.62
Legal Settlements	-	-	0.99	0.07	0.2
Pretax Income	754.29	1,759	4,708	69.55	1,112
Income Tax Expense	294.92	243.42	-87.67	705.29	188.4
Earnings From Continuing Operations	459.37	1,516	4,796	-635.74	923.29
Minority Interest in Earnings	-295.11	-472.55	-490.17	-629.6	-176.75
Net Income	164.26	1,043	4,306	-1,265	746.55
Net Income to Common	164.26	1,043	4,306	-1,265	746.55
Net Income Growth	-84.26%	-75.77%	-	-	111.91%
Shares Outstanding (Basic)	683	683	683	683	683
Shares Outstanding (Diluted)	683	683	683	683	683
EPS (Basic)	0.24	1.53	6.30	-1.85	1.09
EPS (Diluted)	0.24	1.53	6.30	-1.85	1.09
EPS Growth	-84.26%	-75.77%	-	-	111.97%
Free Cash Flow	-210.44	-710.7	2,357	589.11	899.56
Free Cash Flow Per Share	-0.31	-1.04	3.45	0.86	1.32
Dividend Per Share	-	-	-	0.050	0.050
Gross Margin	24.20%	22.32%	22.50%	28.12%	23.64%
Operating Margin	11.21%	12.84%	11.94%	20.44%	14.91%
Profit Margin	0.86%	4.78%	23.20%	-8.41%	17.70%
Free Cash Flow Margin	-1.10%	-3.26%	12.70%	3.91%	21.33%
EBITDA	2,517	3,210	2,581	3,222	750.73
EBITDA Margin	13.16%	14.72%	13.91%	21.41%	17.80%
D&A For EBITDA	373.65	410.3	364.79	146.39	122.03
EBIT	2,144	2,800	2,216	3,075	628.7
EBIT Margin	11.21%	12.84%	11.94%	20.44%	14.91%
Effective Tax Rate	39.10%	13.84%	-	1014.07%	16.95%
Advertising Expenses	1.51	2.06	18.11	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.