Bursa Cimento Fabrikasi A.S. (IST:BUCIM)

IST:BUCIM Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	9,374	11,804	15,067	11,546	2,294	1,225
Revenue Growth (YoY)	-39.72%	-21.66%	30.49%	403.39%	87.31%	19.10%
Cost of Revenue	7,360	8,916	10,801	8,298	1,707	1,028
Gross Profit	2,014	2,888	4,265	3,249	587.05	196.89
Selling, General & Admin	1,165	1,067	979.38	601.28	163.6	109.98
Research & Development	13.57	40.47	34.27	8.21	8.88	5.7
Other Operating Expenses	69.82	58.21	21.76	26.08	5.55	-4.98
Operating Expenses	1,248	1,166	1,035	635.57	178.03	110.7
Operating Income	765.6	1,722	3,230	2,613	409.02	86.19
Interest Expense	-295.37	-402.93	-277.4	-97.21	-38.39	-36.84
Interest & Investment Income	676.14	689.51	587.64	275.22	279.17	128.72
Earnings From Equity Investments	-25.72	-1.22	77.73	90.44	31.19	3.51
Currency Exchange Gain (Loss)	-85.41	174.55	781	538.43	183.43	33.5
Other Non Operating Income (Expenses)	-619.1	-1,185	-2,359	-1,770	-0.69	-1.77
EBT Excluding Unusual Items	416.14	996.77	2,040	1,649	863.74	213.31
Gain (Loss) on Sale of Investments	-10.74	-19.71	-5.32	-31.86	-107.6	-53.85
Legal Settlements	-12.66	-10.35	-5.93	-0.98	-2.15	0.78
Pretax Income	392.74	966.72	2,029	1,617	753.99	160.24
Income Tax Expense	299.27	494.67	-669.73	998.77	135.91	26.05
Earnings From Continuing Operations	93.48	472.05	2,698	617.89	618.08	134.19
Net Income to Company	93.48	472.05	2,698	617.89	618.08	134.19
Minority Interest in Earnings	21.12	12.27	-51.76	-225.26	-170.6	-58.7
Net Income	114.6	484.33	2,647	392.63	447.48	75.5
Net Income to Common	114.6	484.33	2,647	392.63	447.48	75.5
Net Income Growth	-95.45%	-81.70%	574.09%	-12.26%	492.72%	651.48%
Shares Outstanding (Basic)	1,500	1,500	1,500	1,321	447	180
Shares Outstanding (Diluted)	1,500	1,500	1,500	1,321	447	180
Shares Change (YoY)	0.04%	-	13.51%	195.46%	148.47%	70.11%
EPS (Basic)	0.08	0.32	1.76	0.30	1.00	0.42
EPS (Diluted)	0.08	0.32	1.76	0.30	1.00	0.42
EPS Growth	-95.45%	-81.70%	493.84%	-70.30%	138.55%	341.77%
Free Cash Flow	-1,946	-1,918	16.46	-2,128	-49.62	41.3
Free Cash Flow Per Share	-1.30	-1.28	0.01	-1.61	-0.11	0.23
Dividend Per Share	0.067	0.067	0.067	53.280	-	-
Dividend Growth	-	-	-99.88%	-	-	-
Gross Margin	21.48%	24.46%	28.31%	28.13%	25.59%	16.08%
Operating Margin	8.17%	14.59%	21.44%	22.63%	17.83%	7.04%
Profit Margin	1.22%	4.10%	17.57%	3.40%	19.51%	6.17%
Free Cash Flow Margin	-20.76%	-16.25%	0.11%	-18.43%	-2.16%	3.37%
EBITDA	1,329	2,214	3,697	2,888	452.71	125.73
EBITDA Margin	14.18%	18.76%	24.54%	25.01%	19.74%	10.27%
D&A For EBITDA	563.59	492.06	467.05	275.13	43.69	39.54
EBIT	765.6	1,722	3,230	2,613	409.02	86.19
EBIT Margin	8.17%	14.59%	21.44%	22.63%	17.83%	7.04%
Effective Tax Rate	76.20%	51.17%	-	61.78%	18.02%	16.26%
Advertising Expenses	-	-	-	-	0.3	0.13

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