Borlease Otomotiv A.S. 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	6,954	6,839	4,593	3,372	1,293
Revenue Growth (YoY)	1.68%	48.92%	36.21%	160.82%	89.68%
Cost of Revenue	6,390	5,401	3,647	2,821	885
Gross Profit	564.58	1,439	945.74	550.3	407.71
Selling, General & Admin	818.33	712.88	591.06	327.17	156.85
Other Operating Expenses	289.2	26.33	-47.69	5.63	4.02
Operating Expenses	1,108	739.21	543.37	332.8	160.87
Operating Income	-542.94	699.34	402.36	217.5	246.84
Interest Expense	-4,368	-2,747	-831.92	-537.95	-225.42
Interest & Investment Income	263.75	177.79	115.09	569.25	48.74
Currency Exchange Gain (Loss)	-	-13.4	-10.6	-1.04	-89.35
Other Non Operating Income (Expenses)	720.28	-114.51	673.51	617.64	-
EBT Excluding Unusual Items	-3,927	-1,998	348.43	865.4	-19.18
Gain (Loss) on Sale of Investments	-1.6	-3.6	-	-	-1
Legal Settlements	-	0.9	2.43	1.51	-1.39
Pretax Income	-3,929	-1,981	368.36	872.26	-20.36
Income Tax Expense	-27.26	-407.15	-365.96	48.67	-33.18
Earnings From Continuing Operations	-3,902	-1,574	734.32	823.59	12.83
Minority Interest in Earnings	-	-	-	88.2	33.14
Net Income	-3,902	-1,574	734.32	911.79	45.97
Net Income to Common	-3,902	-1,574	734.32	911.79	45.97
Net Income Growth	-	-	-19.46%	1883.50%	676.54%
Shares Outstanding (Basic)	-	700	700	583	130
Shares Outstanding (Diluted)	-	700	700	583	130
Shares Change (YoY)	-	-	20.07%	350.11%	4.05%
EPS (Basic)	-	-2.25	1.05	1.56	0.35
EPS (Diluted)	-	-2.25	1.05	1.56	0.35
EPS Growth	-	-	-32.93%	340.67%	646.34%
Free Cash Flow	-2,682	-3,771	-1,717	-2,263	-345.74
Free Cash Flow Per Share	-	-5.39	-2.45	-3.88	-2.67
Dividend Per Share	-	-	0.120	-	-
Gross Margin	8.12%	21.03%	20.59%	16.32%	31.54%
Operating Margin	-7.81%	10.22%	8.76%	6.45%	19.10%
Profit Margin	-56.10%	-23.01%	15.99%	27.04%	3.56%
Free Cash Flow Margin	-38.56%	-55.13%	-37.38%	-67.11%	-26.75%
EBITDA	1,399	1,406	1,164	740.21	255.91
EBITDA Margin	20.11%	20.57%	25.35%	21.95%	19.80%
D&A For EBITDA	1,942	707.14	761.95	522.72	9.07
EBIT	-542.94	699.34	402.36	217.5	246.84
EBIT Margin	-7.81%	10.22%	8.76%	6.45%	19.10%
Effective Tax Rate	-	-	-	5.58%	-
Advertising Expenses	-	84.28	119.91	-	-

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