IST:FZLGY Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Other Revenue	-65.46	918.6	3,971	267.92	616.73	272.26
Total Revenue	-65.46	918.6	3,971	267.92	616.73	272.26
Revenue Growth (YoY	-	-76.87%	1382.31%	-56.56%	126.52%	-
Property Expenses	-175.42	919.14	2,890	154.63	285.8	248.23
Selling, General & Administrative	151.14	96.52	77.5	48.22	180.01	26.18
Other Operating Expenses	-222.61	31.65	-182.75	6.17	12.92	36.59
Total Operating Expenses	-246.9	1,047	2,785	209.01	478.73	310.99
Operating Income	181.44	-128.71	1,187	58.91	138	-38.73
Interest Expense	-200.23	-148.86	-223.94	-85.84	-20.35	-2.49
Interest & Investment Income	21.1	16.81	200.77	585.53	237.31	20.35
Currency Exchange Gain (Loss)	-32.13	0.23	0.42	1.79	24.89	-3.85
Other Non-Operating Income	200.5	14.62	-743.44	34.07	0.91	0.19
EBT Excluding Unusual Items	170.68	-245.9	420.31	594.45	380.76	-24.54
Gain (Loss) on Sale of Investments	200.43	-5.18	-254.11	45.61	-6.52	2.34
Total Legal Settlements	2.1	2.1	2.24	0.32	-2.36	-0.49
Pretax Income	373.21	-248.98	168.44	640.38	371.88	-22.69
Income Tax Expense	13.33	11.47	-187.43	33.53	30.94	8.15
Earnings From Continuing Operations	359.88	-260.45	355.87	606.84	340.93	-30.85
Minority Interest in Earnings	0.19	0.68	-0.27	-2.22	-48.38	-
Net Income	360.07	-259.77	355.61	604.62	292.55	-30.85
Net Income to Common	360.07	-259.77	355.61	604.62	292.55	-30.85
Net Income Growth	-	-	-41.19%	106.67%	-	-
Basic Shares Outstanding	1,250	1,250	1,250	999	-	-
Diluted Shares Outstanding	1,250	1,250	1,250	999	-	-
Shares Change (YoY)	-	-	25.13%	-	-	-
EPS (Basic)	0.29	-0.21	0.28	0.61	-	-
EPS (Diluted)	0.29	-0.21	0.28	0.61	-	-
EPS Growth	-	-	-53.00%	-	-	-
Operating Margin	-	-14.01%	29.88%	21.99%	22.38%	-14.22%
Profit Margin	-	-28.28%	8.95%	225.67%	47.44%	-11.33%
EBITDA	179.15	-126.28	1,189	63.41	162.26	-14.47
EBITDA Margin	-	-13.75%	29.94%	23.67%	26.31%	-5.31%
D&A For Ebitda	-2.29	2.44	2.4	4.51	24.26	24.26
EBIT	181.44	-128.71	1,187	58.91	138	-38.73
EBIT Margin	-	-14.01%	29.88%	21.99%	22.38%	-14.22%
Effective Tax Rate	3.57%	-	-	5.24%	8.32%	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.