Birlesim Mühendislik Isitma Sogutma Havalandirma Sanayi ve Ticaret Anonim Sirketi (IST:BRLSM)

IST:BRLSM Income Statement

Financials in millions TRY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	4,018	5,729	2,639	620.29	578.06
Revenue Growth (YoY)	-29.88%	117.13%	325.39%	7.31%	14.14%
Cost of Revenue	2,979	5,140	2,416	547.36	483.44
Gross Profit	1,038	588.84	222.55	72.93	94.61
Selling, General & Admin	271.44	243.81	101	33.5	20.47
Other Operating Expenses	-30.86	-27.65	-5.77	0.14	0.12
Operating Expenses	240.58	216.16	95.23	33.64	20.59
Operating Income	797.73	372.67	127.32	39.29	74.03
Interest Expense	-98.72	-11.74	-37.15	-21.01	-9.34
Interest & Investment Income	43.73	164.53	107.7	53.55	17.69
Currency Exchange Gain (Loss)	60.01	184.04	47.38	-9.96	-2.5
Other Non Operating Income (Expenses)	-233.56	-996.16	-351.09	-1.86	-0.06
EBT Excluding Unusual Items	569.2	-286.65	-105.84	60	79.82
Gain (Loss) on Sale of Investments	-41.35	-4.33	-20.85	-3.4	-2.31
Legal Settlements	-	-	-3.06	-0.78	-0.85
Pretax Income	527.84	-290.98	-129.75	55.82	76.65
Income Tax Expense	90.78	20.48	43.68	24.12	16.66
Earnings From Continuing Operations	437.07	-311.46	-173.43	31.71	59.99
Minority Interest in Earnings	8.38	22.63	-	-	-0.27
Net Income	445.45	-288.83	-173.43	31.71	59.72
Net Income to Common	445.45	-288.83	-173.43	31.71	59.72
Net Income Growth	-	-	-	-46.91%	65.78%
Shares Outstanding (Basic)	224	224	224	224	176
Shares Outstanding (Diluted)	224	224	224	224	176
Shares Change (YoY)	-	-	-	27.50%	-
EPS (Basic)	1.99	-1.29	-0.77	0.14	0.34
EPS (Diluted)	1.99	-1.29	-0.77	0.14	0.34
EPS Growth	-	-	-	-58.36%	65.78%
Free Cash Flow	-768.3	-164.53	556.88	-60.57	-32.2
Free Cash Flow Per Share	-3.43	-0.73	2.49	-0.27	-0.18
Dividend Per Share	-	-	0.116	-	-
Gross Margin	25.84%	10.28%	8.43%	11.76%	16.37%
Operating Margin	19.86%	6.50%	4.83%	6.33%	12.81%
Profit Margin	11.09%	-5.04%	-6.57%	5.11%	10.33%
Free Cash Flow Margin	-19.12%	-2.87%	21.11%	-9.77%	-5.57%
EBITDA	834.05	406.96	142.17	42.78	79.75
EBITDA Margin	20.76%	7.10%	5.39%	6.90%	13.80%
D&A For EBITDA	36.32	34.29	14.85	3.49	5.72
EBIT	797.73	372.67	127.32	39.29	74.03
EBIT Margin	19.86%	6.50%	4.83%	6.33%	12.81%
Effective Tax Rate	17.20%	-	-	43.20%	21.74%
Advertising Expenses	2.25	5.51	0.04	0.32	0.18

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.