IST:BURVA 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	FY 2020
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	Dec '20 Dec 31, 2020
Revenue	52.51	409.56	241.12	82.64	17.55	33.06
Revenue Growth (YoY)	-88.28%	69.85%	191.76%	371.01%	-46.93%	191.55%
Cost of Revenue	57.44	278.67	230.98	53.41	13.25	28.23
Gross Profit	-4.93	130.89	10.15	29.23	4.29	4.83
Selling, General & Admin	46.67	47.09	29.05	16.71	3.66	3.03
Other Operating Expenses	0.36	2.44	-0.49	-0.41	-0.05	-0.04
Operating Expenses	47.03	49.53	28.57	16.31	3.6	2.99
Operating Income	-51.96	81.36	-18.42	12.92	0.69	1.83
Interest Expense	-0.88	-4.63	-11.53	-5.79	-1.68	-2.41
Interest & Investment Income	0.69	0.97	0.22	0.11	0.05	0.05
Currency Exchange Gain (Loss)	4	-0.17	6.03	1.25	1.75	0.93
Other Non Operating Income (Expenses)	-2.67	-28.61	30.02	6.71	-	-
EBT Excluding Unusual Items	-50.82	48.91	6.32	15.2	0.81	0.4
Gain (Loss) on Sale of Investments	0.06	-1.16	-0.08	-	-0.14	-
Pretax Income	-50.76	47.75	6.24	15.2	0.67	0.4
Income Tax Expense	-8.14	12.39	1.77	4.19	0.28	0.14
Net Income	-42.62	35.36	4.47	11.01	0.4	0.26
Net Income to Common	-42.62	35.36	4.47	11.01	0.4	0.26
Net Income Growth	-	691.20%	-59.40%	2665.22%	55.28%	-
Shares Outstanding (Basic)	7	7	7	7	7	7
Shares Outstanding (Diluted)	7	7	7	7	7	7
EPS (Basic)	-5.80	4.81	0.61	1.50	0.05	0.03
EPS (Diluted)	-5.80	4.81	0.61	1.50	0.05	0.03
EPS Growth	-	691.20%	-59.40%	2665.26%	55.28%	-
Free Cash Flow	13.23	-11.68	58.52	-14.39	0.18	3.97
Free Cash Flow Per Share	1.80	-1.59	7.96	-1.96	0.02	0.54
Gross Margin	-9.39%	31.96%	4.21%	35.37%	24.46%	14.60%
Operating Margin	-98.95%	19.86%	-7.64%	15.64%	3.94%	5.55%
Profit Margin	-81.18%	8.63%	1.85%	13.32%	2.27%	0.78%
Free Cash Flow Margin	25.20%	-2.85%	24.27%	-17.41%	1.01%	12.00%
EBITDA	-46.74	86.39	-14.74	16.3	1.38	2.58
EBITDA Margin	-89.02%	21.09%	-6.11%	19.73%	7.87%	7.79%
D&A For EBITDA	5.22	5.03	3.68	3.38	0.69	0.74
EBIT	-51.96	81.36	-18.42	12.92	0.69	1.83
EBIT Margin	-98.95%	19.86%	-7.64%	15.64%	3.94%	5.55%
Effective Tax Rate	-	25.95%	28.38%	27.57%	40.89%	36.02%

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