IST:BESLR 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	32,494	32,725	27,298	24,248	4,865
Revenue Growth (YoY)	-0.71%	19.88%	12.58%	398.39%	59.22%
Cost of Revenue	24,504	25,015	21,795	20,452	3,892
Gross Profit	7,990	7,711	5,503	3,797	973.78
Selling, General & Admin	4,458	4,242	3,040	1,752	433.34
Research & Development	43.81	38.97	29.58	25.01	5.65
Other Operating Expenses	57.51	239.1	254.05	-9.28	5.89
Operating Expenses	4,559	4,521	3,324	1,768	444.88
Operating Income	3,431	3,190	2,179	2,029	528.9
Interest Expense	-2,668	-2,269	-2,101	-689.69	-218.56
Interest & Investment Income	4,059	4,521	1,533	1,184	338.89
Currency Exchange Gain (Loss)	-2,859	-1,070	-788.66	-538.32	-637.85
Other Non Operating Income (Expenses)	-1,087	-903.38	-70.51	-96.26	-1.75
EBT Excluding Unusual Items	875.28	3,469	752.48	1,889	9.63
Merger & Restructuring Charges	-	-	-	-20.34	-7.03
Gain (Loss) on Sale of Investments	-178.07	-	-258.89	-68.19	-
Legal Settlements	-0.33	-0.45	2.34	1.49	-1.7
Pretax Income	708.48	3,471	495.93	1,802	0.89
Income Tax Expense	301.77	1,308	-134.59	551.25	25.41
Earnings From Continuing Operations	406.71	2,163	630.52	1,250	-24.51
Minority Interest in Earnings	117.74	-184.53	212.39	91.94	-15.43
Net Income	524.45	1,978	842.91	1,342	-39.95
Net Income to Common	524.45	1,978	842.91	1,342	-39.95
Net Income Growth	-73.49%	134.67%	-37.20%	-	-
Shares Outstanding (Basic)	662	662	662	662	662
Shares Outstanding (Diluted)	662	662	662	662	662
EPS (Basic)	0.79	2.99	1.27	2.03	-0.06
EPS (Diluted)	0.79	2.99	1.27	2.03	-0.06
EPS Growth	-73.49%	134.67%	-37.20%	-	-
Free Cash Flow	-1,622	2,594	-14.16	390.32	90.32
Free Cash Flow Per Share	-2.45	3.92	-0.02	0.59	0.14
Gross Margin	24.59%	23.56%	20.16%	15.66%	20.02%
Operating Margin	10.56%	9.75%	7.98%	8.37%	10.87%
Profit Margin	1.61%	6.04%	3.09%	5.54%	-0.82%
Free Cash Flow Margin	-4.99%	7.93%	-0.05%	1.61%	1.86%
EBITDA	4,083	3,821	2,773	2,422	578.81
EBITDA Margin	12.56%	11.68%	10.16%	9.99%	11.90%
D&A For EBITDA	651.95	631.12	593.74	392.52	49.91
EBIT	3,431	3,190	2,179	2,029	528.9
EBIT Margin	10.56%	9.75%	7.98%	8.37%	10.87%
Effective Tax Rate	42.59%	37.69%	-	30.60%	2839.33%
Advertising Expenses	708.94	633.64	403.13	236.48	55.23

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