IST:BIENY 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	11,996	10,540	12,642	10,093	2,331
Revenue Growth (YoY)	13.82%	-16.63%	25.25%	332.98%	106.36%
Cost of Revenue	9,923	9,880	10,386	7,591	1,426
Gross Profit	2,073	659.79	2,257	2,502	905.25
Selling, General & Admin	910.83	1,032	942.9	457.7	128.13
Research & Development	150.58	140.14	105.78	53.02	11.74
Other Operating Expenses	-49.9	-971.92	-270.13	26.3	23.18
Operating Expenses	1,012	199.91	778.55	537.02	163.04
Operating Income	1,061	459.87	1,478	1,965	742.21
Interest Expense	-1,121	-769.3	-1,100	-437.7	-147.45
Interest & Investment Income	191.59	613.99	638.09	88.77	23.82
Currency Exchange Gain (Loss)	-613.73	-18.67	430.38	110.42	17.19
Other Non Operating Income (Expenses)	-809.94	-3,091	-2,459	-924.65	-12.34
EBT Excluding Unusual Items	-1,292	-2,806	-1,013	801.78	623.43
Gain (Loss) on Sale of Investments	-39.94	-274.48	-66.05	-	-
Legal Settlements	-35.88	-10.32	-	-	-0.02
Pretax Income	-1,368	-3,090	-1,079	801.78	623.46
Income Tax Expense	245.42	-338.42	-1,246	262.3	48.26
Earnings From Continuing Operations	-1,613	-2,752	166.74	539.48	575.2
Earnings From Discontinued Operations	-	-	-	-0.2	4.71
Net Income to Company	-1,613	-2,752	166.74	539.28	579.91
Minority Interest in Earnings	-	-	-	-	-0.13
Net Income	-1,613	-2,752	166.74	539.28	579.78
Net Income to Common	-1,613	-2,752	166.74	539.28	579.78
Net Income Growth	-	-	-69.08%	-6.99%	770.03%
Shares Outstanding (Basic)	361	361	361	289	-
Shares Outstanding (Diluted)	361	361	361	289	-
Shares Change (YoY)	-	-	25.05%	-	-
EPS (Basic)	-4.47	-7.62	0.46	1.87	-
EPS (Diluted)	-4.47	-7.62	0.46	1.87	-
EPS Growth	-	-	-75.28%	-	-
Free Cash Flow	-1,110	-3,626	-2,761	-2,099	-11.31
Free Cash Flow Per Share	-3.07	-10.04	-7.65	-7.27	-
Gross Margin	17.28%	6.26%	17.85%	24.79%	38.83%
Operating Margin	8.85%	4.36%	11.69%	19.47%	31.84%
Profit Margin	-13.45%	-26.11%	1.32%	5.34%	24.87%
Free Cash Flow Margin	-9.25%	-34.40%	-21.84%	-20.79%	-0.48%
EBITDA	1,885	1,120	1,977	2,266	801.57
EBITDA Margin	15.71%	10.63%	15.64%	22.45%	34.38%
D&A For EBITDA	823.6	660.2	499.08	300.7	59.36
EBIT	1,061	459.87	1,478	1,965	742.21
EBIT Margin	8.85%	4.36%	11.69%	19.47%	31.84%
Effective Tax Rate	-	-	-	32.71%	7.74%
Advertising Expenses	184.7	163.62	235.34	100.2	26.04

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