IST:BULGS Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,202	3,281	640.47	257.59	122.1
Revenue Growth (YoY)	22.57%	412.24%	148.64%	110.97%	-
Cost of Revenue	754.93	997.86	364.32	233.47	105.61
Gross Profit	1,447	2,283	276.15	24.12	16.49
Selling, General & Admin	41.25	37.53	15.21	8.35	5.82
Other Operating Expenses	-0.88	-1.64	3.96	0.19	0.73
Operating Expenses	40.36	35.89	19.17	8.54	6.55
Operating Income	1,407	2,247	256.98	15.58	9.94
Interest Expense	-2.66	-4.77	-0.9	-0.82	-1.59
Currency Exchange Gain (Loss)	-	-	-	-	15.16
Other Non Operating Income (Expenses)	-243.97	-980.98	-34.04	-15.99	-29.28
EBT Excluding Unusual Items	1,160	1,261	222.04	-1.23	-5.78
Gain (Loss) on Sale of Investments	-837.71	122.89	1,581	-0.48	78.27
Pretax Income	322.17	1,384	1,803	-1.71	72.49
Net Income	322.17	1,384	1,803	-1.71	72.49
Net Income to Common	322.17	1,384	1,803	-1.71	72.49
Net Income Growth	-89.41%	-23.23%	-	-	-
Shares Outstanding (Basic)	234	200	40	30	30
Shares Outstanding (Diluted)	234	200	40	30	30
Shares Change (YoY)	95.02%	400.00%	33.33%	-	-
EPS (Basic)	1.38	6.92	45.08	-0.06	2.42
EPS (Diluted)	1.38	6.92	45.08	-0.06	2.42
EPS Growth	-94.57%	-84.65%	-	-	-
Free Cash Flow	-395.35	1,251	1,906	0.7	-5.99
Free Cash Flow Per Share	-1.69	6.25	47.65	0.02	-0.20
Gross Margin	65.71%	69.58%	43.12%	9.36%	13.50%
Operating Margin	63.88%	68.49%	40.12%	6.05%	8.14%
Profit Margin	14.63%	42.19%	281.51%	-0.66%	59.37%
Free Cash Flow Margin	-17.96%	38.13%	297.60%	0.27%	-4.91%
EBITDA	1,396	2,248	257.07	15.68	10.01
EBITDA Margin	63.42%	68.51%	40.14%	6.09%	8.20%
D&A For EBITDA	-10.12	0.68	0.09	0.1	0.07
EBIT	1,407	2,247	256.98	15.58	9.94
EBIT Margin	63.88%	68.49%	40.12%	6.05%	8.14%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.