IST:BLCYT 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	614.6	976.8	743.78	1,336	321.55
Revenue Growth (YoY)	-37.08%	31.33%	-44.32%	315.40%	160.05%
Cost of Revenue	496.37	797.83	520.69	966.97	190.12
Gross Profit	118.23	178.97	223.09	368.75	131.43
Selling, General & Admin	120.42	114.96	68.43	48.54	12.71
Other Operating Expenses	-7.7	-33.11	-61.95	-52.74	-1.73
Operating Expenses	112.72	81.85	6.48	-4.2	10.98
Operating Income	5.51	97.11	216.61	372.96	120.45
Interest Expense	-14.67	-4.33	-16.71	-10.67	-3.18
Interest & Investment Income	643.04	749.88	841.15	172.04	67.16
Earnings From Equity Investments	32.55	42.16	5.44	9.18	2.39
Currency Exchange Gain (Loss)	20.26	46.82	97.41	105.05	13.63
Other Non Operating Income (Expenses)	-470.85	-526.71	-522.7	-329.09	-0
EBT Excluding Unusual Items	215.85	404.93	621.19	319.47	200.45
Gain (Loss) on Sale of Investments	-66.2	-	-	-2.68	-
Legal Settlements	-1.93	-	-	-2.24	-
Pretax Income	147.72	404.93	621.19	314.54	200.45
Income Tax Expense	173.12	145.44	186.43	-29	17.69
Earnings From Continuing Operations	-25.41	259.5	434.76	343.54	182.76
Minority Interest in Earnings	65.2	90.41	159.75	-3.14	-80.88
Net Income	39.79	349.91	594.51	340.4	101.88
Net Income to Common	39.79	349.91	594.51	340.4	101.88
Net Income Growth	-88.63%	-41.14%	74.65%	234.13%	278.20%
Shares Outstanding (Basic)	100	100	87	87	92
Shares Outstanding (Diluted)	100	100	87	87	92
Shares Change (YoY)	-	14.35%	-	-5.17%	-
EPS (Basic)	0.40	3.50	6.80	3.89	1.10
EPS (Diluted)	0.40	3.50	6.80	3.89	1.10
EPS Growth	-88.63%	-48.53%	74.65%	252.34%	278.20%
Free Cash Flow	-121.93	360.35	129.63	339.64	101.29
Free Cash Flow Per Share	-1.22	3.60	1.48	3.88	1.10
Dividend Per Share	-	-	-	0.200	0.162
Dividend Growth	-	-	-	23.46%	-
Gross Margin	19.24%	18.32%	29.99%	27.61%	40.87%
Operating Margin	0.90%	9.94%	29.12%	27.92%	37.46%
Profit Margin	6.48%	35.82%	79.93%	25.48%	31.68%
Free Cash Flow Margin	-19.84%	36.89%	17.43%	25.43%	31.50%
EBITDA	120.32	214.97	368.3	463.84	128.48
EBITDA Margin	19.58%	22.01%	49.52%	34.73%	39.96%
D&A For EBITDA	114.81	117.86	151.7	90.89	8.03
EBIT	5.51	97.11	216.61	372.96	120.45
EBIT Margin	0.90%	9.94%	29.12%	27.92%	37.46%
Effective Tax Rate	117.20%	35.92%	30.01%	-	8.82%

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