Beşiktaş reports TL1,027,231,394 quarterly loss as revenue rises
The consolidated filing showed higher revenue and a narrower operating loss, but a much larger net loss than a year earlier.
Key takeaways
- Consolidated net loss was TL1,027,231,394, compared with TL63,200,376 a year earlier.
- Revenue rose to TL2,881,231,443, while the gross loss narrowed to TL288,684,943.
- Operating cash flow was TL326,476,087, down from TL4,070,678,720 in the prior-year quarter.
Beşiktaş Futbol Yatırımları reported a consolidated net loss of TL1,027,231,394 for the three months ended August 31, 2026. The loss was TL63,200,376 in the same period a year earlier, according to the company’s KAP filing.
Revenue increased to TL2,881,231,443 from TL2,204,024,522. The company still reported a gross loss, but it narrowed to TL288,684,943 from TL1,342,997,762.
The operating loss also narrowed, to TL1,232,063,006 from TL1,915,516,047. Investment income was TL92,854,888, compared with TL1,842,303,365 in the prior-year quarter; the filing does not explain the change.
Operating cash flow was TL326,476,087, versus TL4,070,678,720 a year earlier. At August 31, cash and cash equivalents stood at TL129,095,391, compared with TL163,310,685 at May 31. The cash-flow figure covers the quarter, while the balance-sheet figures are amounts at specific dates.
The equity statement recorded TL1,413,176,678 in capital advances during the quarter, also shown as a financing cash inflow. This is a financing item, not sales revenue; the results show that higher revenue and narrower operating losses did not prevent a larger net loss.
This article was produced with the help of AI technology. Source: Yahoo Finance
