IST:BURVA Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	140.88	536.08	241.12	82.64	17.55
Revenue Growth (YoY)	-73.72%	122.32%	191.76%	371.01%	-46.93%
Cost of Revenue	127.11	364.76	230.98	53.41	13.25
Gross Profit	13.77	171.32	10.15	29.23	4.29
Selling, General & Admin	62.75	61.64	29.05	16.71	3.66
Other Operating Expenses	0.32	3.2	-0.49	-0.41	-0.05
Operating Expenses	63.08	64.83	28.57	16.31	3.6
Operating Income	-49.31	106.49	-18.42	12.92	0.69
Interest Expense	-1.77	-6.05	-11.53	-5.79	-1.68
Interest & Investment Income	0.66	1.27	0.22	0.11	0.05
Currency Exchange Gain (Loss)	0.91	-0.23	6.03	1.25	1.75
Other Non Operating Income (Expenses)	-2.44	-37.45	30.02	6.71	-
EBT Excluding Unusual Items	-51.96	64.02	6.32	15.2	0.81
Gain (Loss) on Sale of Investments	-	-1.52	-0.08	-	-0.14
Pretax Income	-51.96	62.5	6.24	15.2	0.67
Income Tax Expense	-7.12	16.22	1.77	4.19	0.28
Net Income	-44.84	46.28	4.47	11.01	0.4
Net Income to Common	-44.84	46.28	4.47	11.01	0.4
Net Income Growth	-	935.61%	-59.40%	2665.22%	55.28%
Shares Outstanding (Basic)	7	7	7	7	7
Shares Outstanding (Diluted)	7	7	7	7	7
EPS (Basic)	-6.10	6.30	0.61	1.50	0.05
EPS (Diluted)	-6.10	6.30	0.61	1.50	0.05
EPS Growth	-	935.61%	-59.40%	2665.26%	55.28%
Free Cash Flow	-16.96	-15.29	58.52	-14.39	0.18
Free Cash Flow Per Share	-2.31	-2.08	7.96	-1.96	0.02
Gross Margin	9.77%	31.96%	4.21%	35.37%	24.46%
Operating Margin	-35.00%	19.86%	-7.64%	15.64%	3.94%
Profit Margin	-31.83%	8.63%	1.85%	13.32%	2.27%
Free Cash Flow Margin	-12.04%	-2.85%	24.27%	-17.41%	1.01%
EBITDA	-42.45	113.08	-14.74	16.3	1.38
EBITDA Margin	-30.13%	21.09%	-6.11%	19.73%	7.87%
D&A For EBITDA	6.86	6.59	3.68	3.38	0.69
EBIT	-49.31	106.49	-18.42	12.92	0.69
EBIT Margin	-35.00%	19.86%	-7.64%	15.64%	3.94%
Effective Tax Rate	-	25.95%	28.38%	27.57%	40.89%

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