IST:FZLGY 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	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Other Revenue	1,327	1,202	3,971	267.92	616.73
Total Revenue	1,327	1,202	3,971	267.92	616.73
Revenue Growth (YoY	10.34%	-69.72%	1382.31%	-56.56%	126.52%
Property Expenses	1,201	1,203	2,890	154.63	285.8
Selling, General & Administrative	144.99	123.41	77.5	48.22	180.01
Other Operating Expenses	-31.35	33.25	-182.75	6.17	12.92
Total Operating Expenses	1,315	1,360	2,785	209.01	478.73
Operating Income	12.07	-157.55	1,187	58.91	138
Interest Expense	-382.22	-194.84	-223.94	-85.84	-20.35
Interest & Investment Income	-	13.97	200.77	585.53	237.31
Currency Exchange Gain (Loss)	-35.23	0.17	0.42	1.79	24.89
Other Non-Operating Income	260.91	19.14	-743.44	34.07	0.91
EBT Excluding Unusual Items	-144.47	-319.11	420.31	594.45	380.76
Gain (Loss) on Sale of Investments	-259.95	-6.78	-254.11	45.61	-6.52
Total Legal Settlements	-	-	2.24	0.32	-2.36
Pretax Income	-404.43	-325.9	168.44	640.38	371.88
Income Tax Expense	21.78	15.02	-187.43	33.53	30.94
Earnings From Continuing Operations	-426.2	-340.91	355.87	606.84	340.93
Minority Interest in Earnings	0.85	0.89	-0.27	-2.22	-48.38
Net Income	-425.35	-340.02	355.61	604.62	292.55
Net Income to Common	-425.35	-340.02	355.61	604.62	292.55
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)	-0.34	-0.27	0.28	0.61	-
EPS (Diluted)	-0.34	-0.27	0.28	0.61	-
EPS Growth	-	-	-53.00%	-	-
Operating Margin	0.91%	-13.10%	29.88%	21.99%	22.38%
Profit Margin	-32.06%	-28.28%	8.95%	225.67%	47.44%
EBITDA	15.91	-154.17	1,189	63.41	162.26
EBITDA Margin	1.20%	-12.82%	29.94%	23.67%	26.31%
D&A For Ebitda	3.84	3.37	2.4	4.51	24.26
EBIT	12.07	-157.55	1,187	58.91	138
EBIT Margin	0.91%	-13.10%	29.88%	21.99%	22.38%
Effective Tax Rate	-	-	-	5.24%	8.32%

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