IST:BYDNR Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	3,150	2,808	1,550
Revenue Growth (YoY)	12.19%	81.17%	-
Cost of Revenue	2,679	2,173	1,191
Gross Profit	470.73	635.11	358.64
Selling, General & Admin	467.63	356.58	148.65
Other Operating Expenses	-16.73	-23.39	5.7
Operating Expenses	450.9	333.19	154.36
Operating Income	19.83	301.92	204.28
Interest Expense	-231.92	-121.9	-86.83
Interest & Investment Income	251.8	125.26	33.56
Earnings From Equity Investments	-	1.18	2.19
Currency Exchange Gain (Loss)	-	-	0
Other Non Operating Income (Expenses)	-136.85	-3.53	45.85
EBT Excluding Unusual Items	-97.15	302.93	199.05
Merger & Restructuring Charges	-	-	-6.1
Gain (Loss) on Sale of Investments	-0.2	-2.7	-0.07
Legal Settlements	-	-	-11.09
Other Unusual Items	-	-41.13	12.98
Pretax Income	-97.34	259.1	195.06
Income Tax Expense	19.9	58.66	63.38
Net Income	-117.24	200.44	131.68
Net Income to Common	-117.24	200.44	131.68
Net Income Growth	-	52.22%	-
Shares Outstanding (Basic)	72	72	70
Shares Outstanding (Diluted)	72	72	70
Shares Change (YoY)	-	2.85%	-
EPS (Basic)	-1.63	2.78	1.88
EPS (Diluted)	-1.63	2.78	1.88
EPS Growth	-	48.00%	-
Free Cash Flow	-315.48	-100.68	252.67
Free Cash Flow Per Share	-4.38	-1.40	3.61
Dividend Per Share	0.713	-	-
Gross Margin	14.94%	22.62%	23.14%
Operating Margin	0.63%	10.75%	13.18%
Profit Margin	-3.72%	7.14%	8.50%
Free Cash Flow Margin	-10.01%	-3.59%	16.30%
EBITDA	187.71	541.4	292.61
EBITDA Margin	5.96%	19.28%	18.88%
D&A For EBITDA	167.87	239.48	88.33
EBIT	19.83	301.92	204.28
EBIT Margin	0.63%	10.75%	13.18%
Effective Tax Rate	-	22.64%	32.49%
Advertising Expenses	22.65	28.24	-

Updated Mar 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.