Income Statement BAST

Stocks

BAST

KZ1C00001015

Specialty Mining & Metals

End-of-day quote Kazakhstan S.E. 2026-08-14			5-day change	1st Jan Change
3,183.42 ^KZT	0.00%		-2.44%	-0.52%

07-30	JSC BAST Reports Earnings Results for the Half Year Ended June 30, 2026	CI
05-12	JSC BAST Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

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Published financial data: BAST

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	2.63B	6.26B	2.4B	219M	-
Total Revenues	2.63B	6.26B	2.4B	219M	-
Cost of Goods Sold, Total	2.25B	5.32B	4.28B	487M	222M
Gross Profit	377M	937M	-1.89B	-268M	-222M
Selling General & Admin Expenses, Total	573M	836M	685M	442M	290M
Provision for Bad Debts	233K	-18K	-4K	37K	-
Depreciation & Amortization - (IS)	-	-	-	-	-
Other Operating Expenses	329M	320M	1.17B	1.22B	975M
Other Operating Expenses, Total	903M	1.16B	1.86B	1.66B	1.26B
Operating Income	-526M	-219M	-3.75B	-1.93B	-1.49B
Interest Expense, Total	-627M	-324M	-101M	-389M	-370M
Interest And Investment Income	45.16M	27.65M	27.69M	16.61M	23.32M
Net Interest Expenses	-582M	-296M	-73.3M	-372M	-347M
Currency Exchange Gains (Loss)	-98.81M	-208M	48.88M	-452M	152M
Other Non Operating Income (Expenses)	-26.98M	356M	-12.89M	-14.85M	-19.81M
EBT, Excl. Unusual Items	-1.23B	-367M	-3.78B	-2.77B	-1.7B
Gain (Loss) On Sale Of Investments	-3.98M	150K	641K	1.38M	-22K
Gain (Loss) On Sale Of Assets	-	-	-	-4.28M	-
Asset Writedown	-	-110M	-456M	-324M	294M
Other Unusual Items	37.17M	-17.83M	137K	-2.05M	-
EBT, Incl. Unusual Items	-1.2B	-495M	-4.24B	-3.1B	-1.41B
Income Tax Expense	-	-	-	-	-
Earnings From Continuing Operations	-1.2B	-495M	-4.24B	-3.1B	-1.41B
Net Income to Company	-1.2B	-495M	-4.24B	-3.1B	-1.41B
Net Income - (IS)	-1.2B	-495M	-4.24B	-3.1B	-1.41B
Net Income to Common Incl Extra Items	-1.2B	-495M	-4.24B	-3.1B	-1.41B
Net Income to Common Excl. Extra Items	-1.2B	-495M	-4.24B	-3.1B	-1.41B
Per Share Items
Net EPS - Basic	-1.29K	-332.36	-2.31K	-1.65K	-749
Basic EPS - Continuing Operations	-1.29K	-332.36	-2.31K	-1.65K	-749
Basic Weighted Average Shares Outstanding	930K	1.49M	1.84M	1.88M	1.88M
Net EPS - Diluted	-1.29K	-332.36	-2.31K	-1.65K	-749
Diluted EPS - Continuing Operations	-1.29K	-332.36	-2.31K	-1.65K	-749
Diluted Weighted Average Shares Outstanding	930K	1.49M	1.84M	1.88M	1.88M
Normalized Basic EPS	-829.2	-154.05	-1.29K	-921.86	-565.91
Normalized Diluted EPS	-829.2	-154.05	-1.29K	-921.86	-565.91
Supplemental Items
EBITDA	-243M	266M	-3.09B	-1.1B	-917M
EBITA	-524M	-218M	-3.75B	-1.93B	-1.49B
EBIT	-526M	-219M	-3.75B	-1.93B	-1.49B
EBITDAR	-241M	270M	-3.09B	-1.1B	-911M
Effective Tax Rate - (Ratio)	-	-	-	-	-
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	-771M	-229M	-2.36B	-1.73B	-1.06B
Interest on Long-Term Debt	8.19M	6.59M	6.38M	26.96M	15.25M
Supplemental Operating Expense Items
Selling and Marketing Expenses	98.37M	167M	98.55M	9.29M	-
General and Administrative Expenses	474M	666M	585M	427M	284M
Research And Development Expense From Footnotes	-	-	-	-	-
Net Rental Expense, Total	1.56M	4.01M	1.98M	5.67M	6.48M
Imputed Operating Lease Interest Expense	1.04M	1.78M	307K	2.11M	1.68M
Imputed Operating Lease Depreciation	523K	2.23M	1.67M	3.56M	4.8M
Maintenance & Repair Expenses, Total	61.68M	40.14M	58.91M	5.91M	846K

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	82.19M	11.18M	104M	182M	57.1M
Short Term Investments	261M	256M	213M	122M	122M
Total Cash And Short Term Investments	344M	267M	317M	304M	179M
Accounts Receivable, Total	0	145M	11.33M	228K	1.46M
Other Receivables	-	-	-	-	-
Notes Receivable	-	-	-	-	-
Total Receivables	0	145M	11.33M	228K	1.46M
Inventory	1.78B	474M	557M	401M	219M
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	575M	1.13B	1.25B	118M	241M
Total Current Assets	2.69B	2.01B	2.13B	824M	641M
Gross Property Plant And Equipment	11.32B	13.72B	14.47B	14.23B	14.13B
Accumulated Depreciation	-971M	-1.54B	-2.62B	-3.36B	-3.41B
Net Property Plant And Equipment	10.35B	12.18B	11.84B	10.87B	10.72B
Other Intangibles, Total	158M	201M	193M	184M	176M
Deferred Tax Assets Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	543M	335M	136M	1.35B	1.13B
Total Assets	13.74B	14.73B	14.3B	13.22B	12.67B
Liabilities
Accounts Payable, Total	1.37B	958M	1.26B	215M	170M
Accrued Expenses, Total	629M	707M	1.51B	95.88M	25M
Short-term Borrowings	3.24B	4.94B	5.28B	7.87B	8.67B
Current Portion of Long-Term Debt	3.41B	-	-	-	-
Current Portion of Leases	14.57M	11.01M	43.23M	70.19M	29.94M
Current Income Taxes Payable	11.34M	68.67M	106M	940K	1.37M
Other Current Liabilities	350M	621M	669M	31.87M	20.17M
Total Current Liabilities	9.04B	7.31B	8.88B	8.28B	8.92B
Long-Term Debt	-	-	-	3B	3.19B
Long-Term Leases	38.51M	27.5M	99.68M	28.25M	-
Other Non Current Liabilities	185M	191M	180M	186M	243M
Total Liabilities	9.26B	7.53B	9.16B	11.5B	12.35B
Common Stock, Total	1.45B	14.18B	16.4B	16.4B	16.4B
Additional Paid In Capital	11.58B	2.08B	2.08B	2.08B	2.08B
Retained Earnings	-8.56B	-9.05B	-13.29B	-16.72B	-18.13B
Comprehensive Income and Other	10.34M	5.08M	-36.96M	-25.33M	-24.72M
Total Common Equity	4.48B	7.21B	5.15B	1.73B	323M
Total Equity	4.48B	7.21B	5.15B	1.73B	323M
Total Liabilities And Equity	13.74B	14.73B	14.3B	13.22B	12.67B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.45M	1.6M	1.88M	1.88M	1.88M
ECS Total Common Shares Outstanding	1.45M	1.6M	1.88M	1.88M	1.88M
Book Value / Share	3.08K	4.5K	2.74K	920.57	171.89
Tangible Book Value	4.32B	7.01B	4.95B	1.55B	147M
Tangible Book Value Per Share	2.98K	4.37K	2.64K	822.49	78.25
Total Debt	6.71B	4.98B	5.43B	10.97B	11.89B
Net Debt	6.37B	4.71B	5.11B	10.66B	11.71B
Debt Equivalent Oper. Leases	12.48M	32.07M	15.82M	45.38M	51.82M
Account Code - Inventory Valuation	6	6	6	3	6
Inventories - Raw Materials, Total	247M	267M	337M	291M	268M
Inventories - Work In Process, Total	-	-	-	-	-
Inventories - Finished Goods, Total	1.71B	421M	1.11B	439M	386M
Buildings, Total	1.31B	3.49B	4.94B	4.55B	4.55B
Machinery, Total	1.7B	2.14B	2.19B	2.19B	2.13B
Full Time Employees	-	-	-	306	-
Accumulated Allowance for Doubtful Accounts (Supple)	233K	250K	246K	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-1.2B	-495M	-4.24B	-3.1B	-1.41B
Depreciation & Amortization - CF	292M	495M	667M	877M	617M
Amortization of Goodwill and Intangible Assets - (CF)	1.58M	1.41M	1.5M	45K	-
Depreciation & Amortization, Total	293M	496M	668M	877M	617M
Amortization of Deferred Charges, Total - (CF)	366K	282K	7.03M	8.38M	8.35M
(Gain) Loss From Sale Of Asset	-	-	-	-	-
Provision for Credit Losses	-	-	-	-	-
Provision and Write-off of Bad Debts	-	-	-	-	-
Other Operating Activities, Total	550M	766M	1.61B	-1.89B	-29.58M
Change In Accounts Receivable	-	-	-	-	-
Change In Inventories	-	-	-	-	-
Change In Accounts Payable	-	-	-	-	-
Change In Income Taxes	-	-	-	-	-
Change in Other Net Operating Assets	-	-	-	-	-
Cash from Operations	-357M	768M	-1.95B	-4.11B	-812M
Capital Expenditure	-4.73B	-2.28B	-461M	-366M	-15.68M
Investment in Marketable and Equity Securities, Total	-240M	-	-	104M	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	1.82M	1.54M	58K	-	-
Cash from Investing	-4.97B	-2.28B	-461M	-262M	-15.68M
Long-Term Debt Issued, Total	2.23B	394M	2.63B	4.7B	786M
Total Debt Issued	2.23B	394M	2.63B	4.7B	786M
Long-Term Debt Repaid, Total	-4.69B	-195M	-2.34B	-253M	-83.75M
Total Debt Repaid	-4.69B	-195M	-2.34B	-253M	-83.75M
Issuance of Common Stock	7.85B	1.2B	2.22B	-	-
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	5.4B	1.4B	2.51B	4.45B	702M
Foreign Exchange Rate Adjustments	826K	39.74M	-695K	-109K	-
Net Change in Cash	72.11M	-71.01M	92.38M	78.46M	-125M
Supplemental Items
Cash Interest Paid	3.15M	115M	-	73.91M	-
Cash Income Tax Paid (Refund)	29K	-	-	-	-
Levered Free Cash Flow	-5.52B	-1.53B	-1.06B	-2.84B	-620M
Unlevered Free Cash Flow	-5.13B	-1.32B	-998M	-2.6B	-388M
Change In Net Working Capital	365M	-595M	-1.13B	1.91B	68.4M
Net Debt Issued / Repaid	-2.46B	199M	287M	4.45B	702M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-2.98	-0.96	-16.13	-8.77	-7.18
Return on Total Capital	-3.78	-1.17	-20.57	-10.38	-7.46
Return On Equity %	-104.36	-8.46	-68.63	-94.7	-137.12
Return on Common Equity	-104.36	-8.46	-68.63	-94.7	-137.12
Margin Analysis
Gross Profit Margin %	14.34	14.97	-78.76	-122.52	-
SG&A Margin	21.8	13.36	28.59	201.98	-
EBITDA Margin %	-9.24	4.25	-129.03	-502.96	-
EBITA Margin %	-19.93	-3.48	-156.25	-881.77	-
EBIT Margin %	-19.99	-3.5	-156.31	-881.79	-
Income From Continuing Operations Margin %	-45.64	-7.9	-176.88	-1.42K	-
Net Income Margin %	-45.64	-7.9	-176.88	-1.42K	-
Net Avail. For Common Margin %	-45.64	-7.9	-176.88	-1.42K	-
Normalized Net Income Margin	-29.31	-3.66	-98.67	-790.64	-
Levered Free Cash Flow Margin	-209.88	-24.4	-44.27	-1.3K	-
Unlevered Free Cash Flow Margin	-194.98	-21.16	-41.63	-1.19K	-
Asset Turnover
Asset Turnover	0.24	0.44	0.17	0.02	-
Fixed Assets Turnover	0.31	0.56	0.2	0.02	-
Receivables Turnover (Average Receivables)	586.47	86.17	30.61	37.91	-
Inventory Turnover (Average Inventory)	1.74	4.73	8.31	1.02	0.72
Short Term Liquidity
Current Ratio	0.3	0.28	0.24	0.1	0.07
Quick Ratio	0.04	0.06	0.04	0.04	0.02
Operating Cash Flow to Current Liabilities	-0.04	0.11	-0.22	-0.5	-0.09
Days Sales Outstanding (Average Receivables)	0.62	4.24	11.92	9.65	-
Days Outstanding Inventory (Average Inventory)	209.93	77.19	43.92	359.66	510.01
Average Days Payable Outstanding	108.76	105.79	92.73	812.94	1.78K
Cash Conversion Cycle (Average Days)	101.79	-24.36	-36.89	-443.63	-
Long Term Solvency
Total Debt/Equity	149.76	69.08	105.46	634.11	3.68K
Total Debt / Total Capital	59.96	40.86	51.33	86.38	97.36
LT Debt/Equity	0.86	0.38	1.94	174.94	986.66
Long-Term Debt / Total Capital	0.34	0.23	0.94	23.83	26.09
Total Liabilities / Total Assets	67.39	51.07	64.02	86.92	97.45
EBIT / Interest Expense	-0.84	-0.68	-37.1	-4.96	-4.01
EBITDA / Interest Expense	-0.37	0.86	-30.48	-2.71	-2.35
(EBITDA - Capex) / Interest Expense	-7.91	-6.19	-35.04	-3.65	-2.39
Total Debt / EBITDA	-28.85	17.98	-1.76	-10.4	-13.66
Net Debt / EBITDA	-27.37	17.01	-1.66	-10.11	-13.46
Total Debt / (EBITDA - Capex)	-1.35	-2.49	-1.53	-7.72	-13.42
Net Debt / (EBITDA - Capex)	-1.28	-2.35	-1.44	-7.51	-13.22
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	39.38	137.89	-61.7	-90.86	-
Gross Profit, 1 Yr. Growth %	-224.29	148.24	-301.54	-85.78	-17.29
EBITDA, 1 Yr. Growth %	-74.59	-209.36	-1.26K	-64.21	-17.18
EBITA, 1 Yr. Growth %	-57.37	-58.43	1.62K	-48.22	-23.26
EBIT, 1 Yr. Growth %	-57.24	-58.29	1.61K	-48.24	-23.26
Earnings From Cont. Operations, 1 Yr. Growth %	-55.2	-58.8	756.94	-32.14	-54.61
Net Income, 1 Yr. Growth %	-55.2	-58.8	756.94	-32.14	-54.61
Normalized Net Income, 1 Yr. Growth %	-54.41	-70.26	944.95	-32.46	-38.71
Diluted EPS Before Extra, 1 Yr. Growth %	-81.76	-74.26	594.89	-33.69	-54.61
Accounts Receivable, 1 Yr. Growth %	-100	-	-92.2	-97.99	539.47
Inventory, 1 Yr. Growth %	117.81	-73.3	17.32	-27.9	-45.45
Net Property, Plant and Equip., 1 Yr. Growth %	56.61	17.76	-2.8	-8.25	-1.34
Total Assets, 1 Yr. Growth %	64.86	7.22	-2.93	-7.54	-4.2
Tangible Book Value, 1 Yr. Growth %	-298.05	62.07	-29.31	-66.59	-90.49
Common Equity, 1 Yr. Growth %	-305.53	60.85	-28.61	-64.1	-81.33
Cash From Operations, 1 Yr. Growth %	-66.38	-314.93	-354.2	110.34	-80.24
Capital Expenditures, 1 Yr. Growth %	479.37	-51.81	-79.79	-20.53	-95.72
Levered Free Cash Flow, 1 Yr. Growth %	178.43	-72.35	-30.52	126.17	-78.24
Unlevered Free Cash Flow, 1 Yr. Growth %	270.47	-74.18	-24.67	163.02	-85.09
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	82.09	-4.55	-81.29	-
Gross Profit, 2 Yr. CAGR %	93.8	75.65	123.67	-46.47	-65.71
EBITDA, 2 Yr. CAGR %	-26.93	-47.28	256.75	103.61	-45.41
EBITA, 2 Yr. CAGR %	-12.55	-57.9	167.29	197.71	-36.87
EBIT, 2 Yr. CAGR %	-12.42	-57.77	166.94	196.75	-36.88
Earnings From Cont. Operations, 2 Yr. CAGR %	-12.9	-57.04	87.9	150.32	-44.5
Net Income, 2 Yr. CAGR %	-12.9	-57.04	87.9	150.32	-44.5
Normalized Net Income, 2 Yr. CAGR %	-19.85	-63.18	75.12	176.62	-35.61
Diluted EPS Before Extra, 2 Yr. CAGR %	-54.81	-78.33	33.75	122.82	-45.14
Accounts Receivable, 2 Yr. CAGR %	-	302.37	-	-96.04	-64.12
Inventory, 2 Yr. CAGR %	84.92	-23.73	-44.03	-8.03	-37.28
Net Property, Plant and Equip., 2 Yr. CAGR %	31.63	35.8	6.99	-5.56	-4.86
Total Assets, 2 Yr. CAGR %	39.65	32.96	2.02	-5.26	-5.89
Tangible Book Value, 2 Yr. CAGR %	23.86	79.16	7.04	-53.04	-82.17
Common Equity, 2 Yr. CAGR %	26.14	81.82	7.16	-51.02	-74.11
Cash From Operations, 2 Yr. CAGR %	-68.24	-15	133.74	131.23	-35.52
Capital Expenditures, 2 Yr. CAGR %	238.42	67.1	-68.79	-59.93	-81.55
Levered Free Cash Flow, 2 Yr. CAGR %	126.12	-12.26	-56.17	36.46	-29.8
Unlevered Free Cash Flow, 2 Yr. CAGR %	218.38	-2.19	-55.9	40.11	-37.34
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	8.29	-56.33	-
Gross Profit, 3 Yr. CAGR %	584.59	110.47	83.89	-10.74	-38.12
EBITDA, 3 Yr. CAGR %	9.01	-16.42	47.88	65.51	51.13
EBITA, 3 Yr. CAGR %	13.13	-31.75	44.95	54.45	89.66
EBIT, 3 Yr. CAGR %	13.24	-31.6	44.97	54.3	89.25
Earnings From Cont. Operations, 3 Yr. CAGR %	-6.6	-32.13	16.52	37.18	41.68
Net Income, 3 Yr. CAGR %	-6.6	-32.13	16.52	37.18	41.68
Normalized Net Income, 3 Yr. CAGR %	-3.16	-42.41	11.82	30.95	67.48
Diluted EPS Before Extra, 3 Yr. CAGR %	-40.06	-62.54	-31.15	8.52	31.11
Accounts Receivable, 3 Yr. CAGR %	-	18.1	8.08	-	-78.43
Inventory, 3 Yr. CAGR %	43.77	-2.98	-11.96	-39.1	-22.73
Net Property, Plant and Equip., 3 Yr. CAGR %	29.93	26.84	21.48	1.65	-4.18
Total Assets, 3 Yr. CAGR %	32.51	27.88	19.72	-1.27	-4.91
Tangible Book Value, 3 Yr. CAGR %	51.89	35.47	31.41	-29.04	-72.42
Common Equity, 3 Yr. CAGR %	53.71	36.79	33.14	-27.2	-64.49
Cash From Operations, 3 Yr. CAGR %	-38.96	-39.93	22.47	125.66	1.86
Capital Expenditures, 3 Yr. CAGR %	29.71	76.72	-17.37	-57.38	-80.98
Levered Free Cash Flow, 3 Yr. CAGR %	20.83	12.24	-18.82	-19.85	-25.97
Unlevered Free Cash Flow, 3 Yr. CAGR %	22.21	37.82	-10.34	-20.27	-33.58
Compound Annual Growth Rate Over Five Years
Gross Profit, 5 Yr. CAGR %	104.67	158.82	337.63	21.71	-6.07
EBITDA, 5 Yr. CAGR %	5.77	-3.76	75.16	19.34	-0.83
EBITA, 5 Yr. CAGR %	23.25	-7.55	59.56	23.02	3.87
EBIT, 5 Yr. CAGR %	23.32	-7.43	59.57	23.02	3.87
Earnings From Cont. Operations, 5 Yr. CAGR %	35.9	-7.62	23.53	14.39	-12.09
Net Income, 5 Yr. CAGR %	35.9	-7.62	23.53	14.39	-12.09
Normalized Net Income, 5 Yr. CAGR %	31.29	-13.94	22.74	7.6	-8.87
Diluted EPS Before Extra, 5 Yr. CAGR %	0.23	-36.25	-17.37	-23.56	-36.18
Accounts Receivable, 5 Yr. CAGR %	-	100.43	-34.28	-69.63	-30.47
Inventory, 5 Yr. CAGR %	115.59	36.44	-1.42	-5.03	-23.13
Net Property, Plant and Equip., 5 Yr. CAGR %	48.22	29.82	20.22	12.72	10.17
Total Assets, 5 Yr. CAGR %	44	31.54	19.35	13.42	8.73
Tangible Book Value, 5 Yr. CAGR %	60.37	129.84	32.05	-11.33	-41.7
Common Equity, 5 Yr. CAGR %	61.52	131.15	33.06	-9.29	-31.75
Cash From Operations, 5 Yr. CAGR %	-6.18	14.89	4.44	3	-5.25
Capital Expenditures, 5 Yr. CAGR %	46.26	-0.76	-26.63	-2.38	-54.64
Levered Free Cash Flow, 5 Yr. CAGR %	53.99	-7.6	-19.46	21.36	-20.76
Unlevered Free Cash Flow, 5 Yr. CAGR %	56.04	-8.61	-18.7	38.73	-22.46