IST:BULGS Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,281	640.47	257.59	122.1
Revenue Growth (YoY)	412.24%	148.64%	110.97%	-
Cost of Revenue	997.86	364.32	233.47	105.61
Gross Profit	2,283	276.15	24.12	16.49
Selling, General & Admin	37.53	15.21	8.35	5.82
Other Operating Expenses	-1.64	3.96	0.19	0.73
Operating Expenses	35.89	19.17	8.54	6.55
Operating Income	2,247	256.98	15.58	9.94
Interest Expense	-4.77	-0.9	-0.82	-1.59
Currency Exchange Gain (Loss)	-	-	-	15.16
Other Non Operating Income (Expenses)	-980.98	-34.04	-15.99	-29.28
EBT Excluding Unusual Items	1,261	222.04	-1.23	-5.78
Gain (Loss) on Sale of Investments	122.89	1,581	-0.48	78.27
Pretax Income	1,384	1,803	-1.71	72.49
Net Income	1,384	1,803	-1.71	72.49
Net Income to Common	1,384	1,803	-1.71	72.49
Net Income Growth	-23.23%	-	-	-
Shares Outstanding (Basic)	200	40	30	30
Shares Outstanding (Diluted)	200	40	30	30
Shares Change (YoY)	400.00%	33.33%	-	-
EPS (Basic)	6.92	45.08	-0.06	2.42
EPS (Diluted)	6.92	45.08	-0.06	2.42
EPS Growth	-84.65%	-	-	-
Free Cash Flow	1,251	1,906	0.7	-5.99
Free Cash Flow Per Share	6.25	47.65	0.02	-0.20
Gross Margin	69.58%	43.12%	9.36%	13.50%
Operating Margin	68.49%	40.12%	6.05%	8.14%
Profit Margin	42.19%	281.51%	-0.66%	59.37%
Free Cash Flow Margin	38.13%	297.60%	0.27%	-4.91%
EBITDA	2,248	257.07	15.68	10.01
EBITDA Margin	68.51%	40.14%	6.09%	8.20%
D&A For EBITDA	0.68	0.09	0.1	0.07
EBIT	2,247	256.98	15.58	9.94
EBIT Margin	68.49%	40.12%	6.05%	8.14%

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.