IST:BNTAS 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	1,338	1,117	1,394	989.16	254.54
Revenue Growth (YoY)	19.79%	-19.87%	40.91%	288.61%	56.73%
Cost of Revenue	1,106	921.54	1,171	826.72	210.74
Gross Profit	232.22	195.29	222.93	162.44	43.8
Selling, General & Admin	106.66	56.37	51.1	27.52	7.73
Other Operating Expenses	-131.19	-135.27	-81.26	-28.05	-7.65
Operating Expenses	-24.54	-78.9	-30.16	-0.53	0.07
Operating Income	256.76	274.2	253.09	162.97	43.73
Interest Expense	-5.91	-42.94	-38.43	-10.87	-1.6
Interest & Investment Income	-	20.75	-	-	-
Currency Exchange Gain (Loss)	-	8.76	98.88	39.61	23.67
Other Non Operating Income (Expenses)	-2.13	-39.05	-36.29	-67.42	-0
EBT Excluding Unusual Items	248.71	221.72	277.25	124.28	65.8
Pretax Income	248.71	221.72	277.25	124.28	65.8
Income Tax Expense	8.32	3.88	31.24	-39.01	1.2
Net Income	240.39	217.84	246.01	163.29	64.6
Net Income to Common	240.39	217.84	246.01	163.29	64.6
Net Income Growth	10.35%	-11.45%	50.66%	152.78%	155.13%
Shares Outstanding (Basic)	242	121	121	121	121
Shares Outstanding (Diluted)	242	121	121	121	121
Shares Change (YoY)	100.00%	-	-	-	-
EPS (Basic)	0.99	1.80	2.03	1.35	0.53
EPS (Diluted)	0.99	1.80	2.03	1.35	0.53
EPS Growth	-44.82%	-11.45%	50.66%	152.78%	155.13%
Free Cash Flow	94.7	-31.22	-51.67	-284.95	-3.36
Free Cash Flow Per Share	0.39	-0.26	-0.43	-2.36	-0.03
Gross Margin	17.36%	17.49%	15.99%	16.42%	17.21%
Operating Margin	19.19%	24.55%	18.16%	16.48%	17.18%
Profit Margin	17.97%	19.50%	17.65%	16.51%	25.38%
Free Cash Flow Margin	7.08%	-2.80%	-3.71%	-28.81%	-1.32%
EBITDA	322.28	277.61	292.85	169.58	48.55
EBITDA Margin	24.09%	24.86%	21.01%	17.14%	19.07%
D&A For EBITDA	65.52	3.41	39.75	6.62	4.82
EBIT	256.76	274.2	253.09	162.97	43.73
EBIT Margin	19.19%	24.55%	18.16%	16.48%	17.18%
Effective Tax Rate	3.35%	1.75%	11.27%	-	1.83%
Advertising Expenses	-	-	-	0.23	0.06

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