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	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,329	3,281	640.47	257.59	122.1
Revenue Growth (YoY)	-52.84%	412.24%	148.64%	110.97%	-
Cost of Revenue	1,247	997.86	364.32	233.47	105.61
Gross Profit	82.03	2,283	276.15	24.12	16.49
Selling, General & Admin	42.86	37.53	15.21	8.35	5.82
Other Operating Expenses	-961.39	-1.64	3.96	0.19	0.73
Operating Expenses	-918.52	35.89	19.17	8.54	6.55
Operating Income	1,001	2,247	256.98	15.58	9.94
Interest Expense	-0.5	-4.77	-0.9	-0.82	-1.59
Currency Exchange Gain (Loss)	-	-	-	-	15.16
Other Non Operating Income (Expenses)	-245.41	-980.98	-34.04	-15.99	-29.28
EBT Excluding Unusual Items	754.64	1,261	222.04	-1.23	-5.78
Gain (Loss) on Sale of Investments	122.89	122.89	1,581	-0.48	78.27
Pretax Income	877.53	1,384	1,803	-1.71	72.49
Net Income	877.53	1,384	1,803	-1.71	72.49
Net Income to Common	877.53	1,384	1,803	-1.71	72.49
Net Income Growth	-55.58%	-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	-136.62	1,251	1,906	0.7	-5.99
Free Cash Flow Per Share	-	6.25	47.65	0.02	-0.20
Gross Margin	6.17%	69.58%	43.12%	9.36%	13.50%
Operating Margin	75.27%	68.49%	40.12%	6.05%	8.14%
Profit Margin	66.01%	42.19%	281.51%	-0.66%	59.37%
Free Cash Flow Margin	-10.28%	38.13%	297.60%	0.27%	-4.91%
EBITDA	995.59	2,248	257.07	15.68	10.01
EBITDA Margin	74.89%	68.51%	40.14%	6.09%	8.20%
D&A For EBITDA	-4.97	0.68	0.09	0.1	0.07
EBIT	1,001	2,247	256.98	15.58	9.94
EBIT Margin	75.27%	68.49%	40.12%	6.05%	8.14%

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