IST:BALSU 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	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	14,671	12,955	11,002	13,002
Revenue Growth (YoY)	13.25%	17.75%	-15.38%	-
Cost of Revenue	13,126	11,297	10,063	10,835
Gross Profit	1,544	1,658	938.52	2,167
Selling, General & Admin	708.38	667.6	621.13	524.23
Other Operating Expenses	-96.82	-130.53	-38.39	-19.63
Operating Expenses	611.56	537.07	582.75	504.59
Operating Income	932.67	1,121	355.78	1,662
Interest Expense	-1,211	-1,005	-540.27	-326.24
Interest & Investment Income	21.94	7.08	31.88	45.13
Currency Exchange Gain (Loss)	-111.62	11.4	398.59	782.68
Other Non Operating Income (Expenses)	545.93	717.75	-317.31	-1,326
EBT Excluding Unusual Items	177.97	851.8	-71.34	837.06
Gain (Loss) on Sale of Investments	-0.1	-	-6.84	-130.55
Pretax Income	177.88	851.8	-78.18	706.51
Income Tax Expense	-27.76	-166.68	-137.71	217.97
Net Income	205.63	1,018	59.53	488.54
Net Income to Common	205.63	1,018	59.53	488.54
Net Income Growth	-79.81%	1610.90%	-87.81%	-
Shares Outstanding (Basic)	98	98	98	98
Shares Outstanding (Diluted)	98	98	98	98
EPS (Basic)	2.09	10.37	0.61	4.98
EPS (Diluted)	2.09	10.37	0.61	4.98
EPS Growth	-79.81%	1610.89%	-87.81%	-
Free Cash Flow	-988.82	-40.93	-658.02	893.28
Free Cash Flow Per Share	-10.07	-0.42	-6.70	9.10
Gross Margin	10.53%	12.80%	8.53%	16.66%
Operating Margin	6.36%	8.65%	3.23%	12.78%
Profit Margin	1.40%	7.86%	0.54%	3.76%
Free Cash Flow Margin	-6.74%	-0.32%	-5.98%	6.87%
EBITDA	1,039	1,205	429.47	1,697
EBITDA Margin	7.08%	9.30%	3.90%	13.05%
D&A For EBITDA	106.54	84.52	73.69	34.72
EBIT	932.67	1,121	355.78	1,662
EBIT Margin	6.36%	8.65%	3.23%	12.78%
Effective Tax Rate	-	-	-	30.85%
Advertising Expenses	3.72	17.62	-	-

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.