Besler Gida Ve Kimya Sanayi ve Ticaret Anonim Sirketi (IST:BESLR)

IST:BESLR 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	25,263	25,002	27,298	24,248	4,865	3,056
Revenue Growth (YoY)	-10.68%	-8.41%	12.58%	398.39%	59.22%	22.58%
Cost of Revenue	18,814	19,111	21,795	20,452	3,892	2,313
Gross Profit	6,449	5,891	5,503	3,797	973.78	742.95
Selling, General & Admin	3,395	3,241	3,040	1,752	433.34	324.04
Research & Development	42.45	29.77	29.58	25.01	5.65	4.16
Other Operating Expenses	504.57	168.77	254.05	-9.28	5.89	-7.45
Operating Expenses	3,942	3,440	3,324	1,768	444.88	320.75
Operating Income	2,507	2,451	2,179	2,029	528.9	422.19
Interest Expense	-3,962	-2,529	-2,101	-689.69	-218.56	-94.05
Interest & Investment Income	4,561	3,440	1,533	1,184	338.89	362.66
Currency Exchange Gain (Loss)	-1.02	-346.03	-788.66	-538.32	-637.85	-47.97
Other Non Operating Income (Expenses)	-994.35	-365.29	-70.51	-96.26	-1.75	-18.76
EBT Excluding Unusual Items	2,110	2,650	752.48	1,889	9.63	624.09
Merger & Restructuring Charges	-	-	-	-20.34	-7.03	-12.72
Gain (Loss) on Sale of Investments	26.38	-	-258.89	-68.19	-	-29.01
Legal Settlements	-	-	2.34	1.49	-1.7	-1.16
Other Unusual Items	-	-	-	-	-	-11.33
Pretax Income	2,138	2,651	495.93	1,802	0.89	569.86
Income Tax Expense	1,314	999.28	-134.59	551.25	25.41	124.69
Earnings From Continuing Operations	823.34	1,652	630.52	1,250	-24.51	445.18
Minority Interest in Earnings	-141.79	-140.98	212.39	91.94	-15.43	-29.45
Net Income	681.54	1,511	842.91	1,342	-39.95	415.73
Net Income to Common	681.54	1,511	842.91	1,342	-39.95	415.73
Net Income Growth	-58.44%	79.29%	-37.20%	-	-	201.62%
Shares Outstanding (Basic)	-	662	662	662	662	662
Shares Outstanding (Diluted)	-	662	662	662	662	662
EPS (Basic)	-	2.28	1.27	2.03	-0.06	0.63
EPS (Diluted)	-	2.28	1.27	2.03	-0.06	0.63
EPS Growth	-	79.29%	-37.20%	-	-	201.62%
Free Cash Flow	169.72	1,982	-14.16	390.32	90.32	137.71
Free Cash Flow Per Share	-	2.99	-0.02	0.59	0.14	0.21
Gross Margin	25.53%	23.56%	20.16%	15.66%	20.02%	24.31%
Operating Margin	9.92%	9.80%	7.98%	8.37%	10.87%	13.82%
Profit Margin	2.70%	6.04%	3.09%	5.54%	-0.82%	13.61%
Free Cash Flow Margin	0.67%	7.93%	-0.05%	1.61%	1.86%	4.51%
EBITDA	3,067	2,933	2,773	2,422	578.81	468.82
EBITDA Margin	12.14%	11.73%	10.16%	9.99%	11.90%	15.34%
D&A For EBITDA	560.06	482.17	593.74	392.52	49.91	46.63
EBIT	2,507	2,451	2,179	2,029	528.9	422.19
EBIT Margin	9.92%	9.80%	7.98%	8.37%	10.87%	13.82%
Effective Tax Rate	61.48%	37.69%	-	30.60%	2839.33%	21.88%
Advertising Expenses	-	484.09	403.13	236.48	55.23	48.45

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