IST:BVSAN 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	3,150	2,742	3,063	1,982	505.2
Revenue Growth (YoY)	14.89%	-10.47%	54.55%	292.26%	83.31%
Cost of Revenue	2,305	2,164	2,356	1,644	429.64
Gross Profit	845.03	577.84	706.4	337.83	75.57
Selling, General & Admin	342.84	244.86	223.38	96.53	23.35
Other Operating Expenses	16.89	-12.92	20.47	-17.4	0.53
Operating Expenses	359.73	231.94	243.85	79.13	23.88
Operating Income	485.3	345.89	462.55	258.7	51.69
Interest Expense	-112.66	-118.94	-42.15	-32.78	-25.44
Interest & Investment Income	29.49	82.88	214.42	22.35	5.27
Currency Exchange Gain (Loss)	37.82	-19.67	-278.83	-81.12	-4.25
Other Non Operating Income (Expenses)	148.73	-11.62	84.43	43.39	-
EBT Excluding Unusual Items	588.68	278.55	440.42	210.54	27.26
Gain (Loss) on Sale of Investments	-0.97	-1.2	-0.71	-0.35	-2.71
Gain (Loss) on Sale of Assets	-	-9.76	15.42	4.12	2.65
Legal Settlements	-	-	-	-	-0.95
Pretax Income	587.83	267.59	455.14	214.31	26.69
Income Tax Expense	397.21	-134.89	37.45	138.69	-2.07
Earnings From Continuing Operations	190.62	402.49	417.69	75.62	28.76
Minority Interest in Earnings	-8.57	-22.5	-61.89	-11.89	0.3
Net Income	182.05	379.99	355.8	63.74	29.06
Net Income to Common	182.05	379.99	355.8	63.74	29.06
Net Income Growth	-52.09%	6.80%	458.24%	119.32%	337.14%
Shares Outstanding (Basic)	38	38	38	30	30
Shares Outstanding (Diluted)	38	38	38	30	30
Shares Change (YoY)	-	-	25.33%	-	-
EPS (Basic)	4.84	10.11	9.46	2.12	0.97
EPS (Diluted)	4.84	10.11	9.46	2.12	0.97
EPS Growth	-52.09%	6.80%	345.41%	119.32%	-
Free Cash Flow	-527.01	-326.33	-662.11	-13.64	127.11
Free Cash Flow Per Share	-14.02	-8.68	-17.61	-0.46	4.24
Dividend Per Share	-	0.961	0.768	-	-
Dividend Growth	-	25.07%	-	-	-
Gross Margin	26.82%	21.07%	23.06%	17.05%	14.96%
Operating Margin	15.40%	12.61%	15.10%	13.05%	10.23%
Profit Margin	5.78%	13.86%	11.62%	3.22%	5.75%
Free Cash Flow Margin	-16.73%	-11.90%	-21.62%	-0.69%	25.16%
EBITDA	569.92	407.96	507.69	284.79	58.21
EBITDA Margin	18.09%	14.88%	16.58%	14.37%	11.52%
D&A For EBITDA	84.62	62.07	45.14	26.09	6.52
EBIT	485.3	345.89	462.55	258.7	51.69
EBIT Margin	15.40%	12.61%	15.10%	13.05%	10.23%
Effective Tax Rate	67.57%	-	8.23%	64.71%	-
Advertising Expenses	-	5.93	1	2.03	0.27

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