IST:BYDNR 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	3,964	4,123	2,808	1,550
Revenue Growth (YoY)	-3.88%	46.85%	81.17%	-
Cost of Revenue	3,565	3,507	2,173	1,191
Gross Profit	398.42	616.15	635.11	358.64
Selling, General & Admin	660.33	616.02	356.58	148.65
Other Operating Expenses	-75.88	-25.82	-23.39	5.7
Operating Expenses	584.45	590.19	333.19	154.36
Operating Income	-186.03	25.96	301.92	204.28
Interest Expense	-116.88	-303.57	-121.9	-86.83
Interest & Investment Income	131.9	329.58	125.26	33.56
Earnings From Equity Investments	-	-	1.18	2.19
Currency Exchange Gain (Loss)	-	-	-	0
Other Non Operating Income (Expenses)	121.79	-179.13	-3.53	45.85
EBT Excluding Unusual Items	-49.22	-127.16	302.93	199.05
Merger & Restructuring Charges	-	-	-	-6.1
Gain (Loss) on Sale of Investments	-	-0.26	-2.7	-0.07
Legal Settlements	-	-	-	-11.09
Other Unusual Items	-	-	-41.13	12.98
Pretax Income	-49.22	-127.41	259.1	195.06
Income Tax Expense	51.73	26.04	58.66	63.38
Net Income	-100.95	-153.46	200.44	131.68
Net Income to Common	-100.95	-153.46	200.44	131.68
Net Income Growth	-	-	52.22%	-
Shares Outstanding (Basic)	84	72	72	70
Shares Outstanding (Diluted)	84	72	72	70
Shares Change (YoY)	16.68%	-	2.85%	-
EPS (Basic)	-1.20	-2.13	2.78	1.88
EPS (Diluted)	-1.20	-2.13	2.78	1.88
EPS Growth	-	-	48.00%	-
Free Cash Flow	-310.57	-412.93	-100.68	252.67
Free Cash Flow Per Share	-3.70	-5.74	-1.40	3.61
Dividend Per Share	-	0.713	-	-
Gross Margin	10.05%	14.94%	22.62%	23.14%
Operating Margin	-4.69%	0.63%	10.75%	13.18%
Profit Margin	-2.55%	-3.72%	7.14%	8.50%
Free Cash Flow Margin	-7.84%	-10.01%	-3.59%	16.30%
EBITDA	143.12	245.69	541.4	292.61
EBITDA Margin	3.61%	5.96%	19.28%	18.88%
D&A For EBITDA	329.15	219.73	239.48	88.33
EBIT	-186.03	25.96	301.92	204.28
EBIT Margin	-4.69%	0.63%	10.75%	13.18%
Effective Tax Rate	-	-	22.64%	32.49%
Advertising Expenses	33.77	29.65	28.24	-

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