IST:BRISA 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	41,348	45,219	38,258	26,863	6,634
Revenue Growth (YoY)	-8.56%	18.20%	42.42%	304.92%	56.58%
Cost of Revenue	32,198	34,700	28,994	21,007	4,635
Gross Profit	9,150	10,519	9,264	5,856	2,000
Selling, General & Admin	6,293	6,387	5,086	3,081	751.45
Research & Development	272.28	168.98	136.55	62.44	1.56
Other Operating Expenses	740.53	597.67	2,425	185.8	23.07
Operating Expenses	7,295	7,069	7,710	3,377	775.97
Operating Income	1,855	3,450	1,554	2,479	1,224
Interest Expense	-5,039	-4,983	-1,735	-1,269	-305.54
Interest & Investment Income	794.15	2,975	3,034	457.12	44.85
Currency Exchange Gain (Loss)	1,958	1,523	1,664	-202.5	-45.15
Other Non Operating Income (Expenses)	132.13	-169.61	248.94	1,353	-27.91
EBT Excluding Unusual Items	-300.4	2,795	4,765	2,818	890
Gain (Loss) on Sale of Investments	-6.41	-0.79	-16.98	-0.22	-4.54
Pretax Income	-306.82	2,795	4,748	2,818	885.46
Income Tax Expense	792.76	814.05	-987.25	308.17	-119.11
Earnings From Continuing Operations	-1,100	1,980	5,736	2,509	1,005
Minority Interest in Earnings	12.12	7.49	18.88	-0.45	-
Net Income	-1,087	1,988	5,754	2,509	1,005
Preferred Dividends & Other Adjustments	15.34	139.73	237.42	140.88	44.27
Net Income to Common	-1,103	1,848	5,517	2,368	960.3
Net Income Growth	-	-65.45%	129.35%	149.76%	86.05%
Shares Outstanding (Basic)	305	305	305	305	305
Shares Outstanding (Diluted)	305	305	305	305	305
EPS (Basic)	-3.61	6.06	18.08	7.76	3.15
EPS (Diluted)	-3.61	6.06	18.08	7.76	3.15
EPS Growth	-	-66.50%	132.98%	146.62%	86.02%
Free Cash Flow	4,716	408.26	3,076	928.1	1,331
Free Cash Flow Per Share	15.46	1.34	10.08	3.04	4.36
Dividend Per Share	-	2.130	3.394	3.600	2.028
Dividend Growth	-	-37.25%	-5.72%	77.52%	151.29%
Gross Margin	22.13%	23.26%	24.21%	21.80%	30.14%
Operating Margin	4.49%	7.63%	4.06%	9.23%	18.45%
Profit Margin	-2.67%	4.09%	14.42%	8.82%	14.47%
Free Cash Flow Margin	11.40%	0.90%	8.04%	3.45%	20.06%
EBITDA	4,582	6,156	3,604	3,822	1,437
EBITDA Margin	11.08%	13.61%	9.42%	14.23%	21.67%
D&A For EBITDA	2,727	2,706	2,050	1,343	213.6
EBIT	1,855	3,450	1,554	2,479	1,224
EBIT Margin	4.49%	7.63%	4.06%	9.23%	18.45%
Effective Tax Rate	-	29.13%	-	10.94%	-
Advertising Expenses	451.97	423.73	601.72	308.81	96.85

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