IST:BFREN 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	2,933	2,703	1,748	1,297	319.38
Revenue Growth (YoY)	8.52%	54.66%	34.79%	305.99%	53.65%
Cost of Revenue	2,610	2,417	1,659	1,122	274.06
Gross Profit	323.29	286.04	88.76	174.45	45.32
Selling, General & Admin	92.19	74.71	72.73	55.44	11.91
Other Operating Expenses	-6.98	-26.48	-7.38	-11.44	-4.3
Operating Expenses	85.21	48.23	65.35	44.01	7.6
Operating Income	238.08	237.81	23.41	130.44	37.71
Interest Expense	-45.19	-64.58	-43.35	-5.33	-0.37
Interest & Investment Income	25.28	10.58	4.29	1.05	6.51
Currency Exchange Gain (Loss)	-129.72	-53.16	-200.8	-10.86	8.27
Other Non Operating Income (Expenses)	53.4	39.75	185.04	-32.49	-0.04
EBT Excluding Unusual Items	141.85	170.4	-31.4	82.82	52.09
Gain (Loss) on Sale of Assets	5.83	8.51	-	-	-
Pretax Income	147.68	178.91	-31.4	82.82	52.09
Income Tax Expense	39.18	55.33	59.42	-34.13	11.81
Net Income	108.5	123.58	-90.82	116.94	40.27
Net Income to Common	108.5	123.58	-90.82	116.94	40.27
Net Income Growth	-12.20%	-	-	190.37%	71.18%
Shares Outstanding (Basic)	91	31	31	31	31
Shares Outstanding (Diluted)	91	31	31	31	31
Shares Change (YoY)	197.75%	-0.00%	-	-	-
EPS (Basic)	1.19	4.03	-2.96	3.82	1.31
EPS (Diluted)	1.19	4.03	-2.96	3.82	1.31
EPS Growth	-70.51%	-	-	190.37%	71.18%
Free Cash Flow	-2.89	76.21	251.5	129.09	30.6
Free Cash Flow Per Share	-0.03	2.49	8.21	4.21	1.00
Dividend Per Share	-	-	-	1.984	1.172
Dividend Growth	-	-	-	69.26%	108.21%
Gross Margin	11.02%	10.58%	5.08%	13.45%	14.19%
Operating Margin	8.12%	8.80%	1.34%	10.06%	11.81%
Profit Margin	3.70%	4.57%	-5.20%	9.02%	12.61%
Free Cash Flow Margin	-0.10%	2.82%	14.39%	9.96%	9.58%
EBITDA	302.59	313.2	69.83	154.34	44
EBITDA Margin	10.32%	11.59%	4.00%	11.90%	13.78%
D&A For EBITDA	64.51	75.39	46.42	23.9	6.28
EBIT	238.08	237.81	23.41	130.44	37.71
EBIT Margin	8.12%	8.80%	1.34%	10.06%	11.81%
Effective Tax Rate	26.53%	30.93%	-	-	22.68%

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