IST:BFREN Income Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	2,192	2,065	1,748	1,297	319.38	207.86
Revenue Growth (YoY)	-11.92%	18.15%	34.79%	305.99%	53.65%	-1.65%
Cost of Revenue	1,877	1,846	1,659	1,122	274.06	179.1
Gross Profit	315.38	218.53	88.76	174.45	45.32	28.77
Selling, General & Admin	85.66	57.08	72.73	55.44	11.91	9.16
Other Operating Expenses	-10.28	-6.32	-7.38	-11.44	-4.3	-2
Operating Expenses	75.38	50.76	65.35	44.01	7.6	7.17
Operating Income	239.99	167.77	23.41	130.44	37.71	21.6
Interest Expense	-23.94	-49.33	-43.35	-5.33	-0.37	-0.39
Interest & Investment Income	22.09	8.08	4.29	1.05	6.51	1.03
Currency Exchange Gain (Loss)	-94.76	-40.61	-200.8	-10.86	8.27	6.22
Other Non Operating Income (Expenses)	-34.62	30.37	185.04	-32.49	-0.04	-0.11
EBT Excluding Unusual Items	108.77	116.28	-31.4	82.82	52.09	28.35
Gain (Loss) on Sale of Assets	-3.22	20.41	-	-	-	-
Pretax Income	105.55	136.69	-31.4	82.82	52.09	28.35
Income Tax Expense	14.8	42.27	59.42	-34.13	11.81	4.82
Net Income	90.75	94.41	-90.82	116.94	40.27	23.53
Net Income to Common	90.75	94.41	-90.82	116.94	40.27	23.53
Net Income Growth	148.40%	-	-	190.37%	71.18%	-14.04%
Shares Outstanding (Basic)	123	31	31	31	31	31
Shares Outstanding (Diluted)	123	31	31	31	31	31
Shares Change (YoY)	299.92%	-0.00%	-	-	-	-
EPS (Basic)	0.74	3.08	-2.96	3.82	1.31	0.77
EPS (Diluted)	0.74	3.08	-2.96	3.82	1.31	0.77
EPS Growth	-37.89%	-	-	190.37%	71.18%	-14.04%
Free Cash Flow	-130.81	61.75	251.5	129.09	30.6	26.91
Free Cash Flow Per Share	-1.07	2.02	8.21	4.21	1.00	0.88
Dividend Per Share	-	-	-	1.984	1.172	0.563
Dividend Growth	-	-	-	69.26%	108.21%	-
Gross Margin	14.39%	10.58%	5.08%	13.45%	14.19%	13.84%
Operating Margin	10.95%	8.13%	1.34%	10.06%	11.81%	10.39%
Profit Margin	4.14%	4.57%	-5.20%	9.02%	12.61%	11.32%
Free Cash Flow Margin	-5.97%	2.99%	14.39%	9.96%	9.58%	12.95%
EBITDA	287.88	225.37	69.83	154.34	44	30.78
EBITDA Margin	13.13%	10.91%	4.00%	11.90%	13.78%	14.81%
D&A For EBITDA	47.88	57.6	46.42	23.9	6.28	9.18
EBIT	239.99	167.77	23.41	130.44	37.71	21.6
EBIT Margin	10.95%	8.13%	1.34%	10.06%	11.81%	10.39%
Effective Tax Rate	14.02%	30.93%	-	-	22.68%	17.02%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.