Halk Gayrimenkul Yatirim Ortakligi A.S (IST:HLGYO)

IST:HLGYO Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	1,769	2,279	314.1	104.6	151.87
Total Revenue	1,769	2,279	314.1	104.6	151.87
Revenue Growth (YoY	-22.38%	625.63%	200.30%	-31.13%	-61.30%
Property Expenses	450.9	1,256	68.68	33.68	63.24
Selling, General & Administrative	250.82	259.32	114.12	27.05	26.94
Other Operating Expenses	-11.38	7.66	-7.95	-1.15	3.9
Total Operating Expenses	690.35	1,523	174.85	59.58	94.07
Operating Income	1,079	755.88	139.26	45.01	57.79
Interest Expense	-2,918	-833.89	-79.09	-36.22	-3.55
Currency Exchange Gain (Loss)	2.85	2.37	-11.29	2.45	-1.31
Other Non-Operating Income	1,488	647.26	669	-6.43	-15.62
EBT Excluding Unusual Items	-348.1	571.62	717.87	4.81	37.31
Asset Writedown	3,773	3,196	6,343	373.75	315.14
Pretax Income	3,425	3,768	7,061	378.56	352.45
Income Tax Expense	2,204	35.5	3.22	-	-
Net Income	1,222	3,732	7,057	378.56	352.45
Net Income to Common	1,222	3,732	7,057	378.56	352.45
Net Income Growth	-67.26%	-47.12%	1764.30%	7.41%	9.66%
Basic Shares Outstanding	3,174	1,925	1,925	1,283	1,283
Diluted Shares Outstanding	3,174	1,925	1,925	1,283	1,283
Shares Change (YoY)	64.89%	-	50.00%	-	-
EPS (Basic)	0.38	1.94	3.67	0.30	0.27
EPS (Diluted)	0.38	1.94	3.67	0.30	0.27
EPS Growth	-80.15%	-47.12%	1142.87%	7.41%	9.66%
Dividend Per Share	-	0.015	0.004	-	0.004
Dividend Growth	-	271.80%	-	-	-
Operating Margin	60.98%	33.16%	44.34%	43.03%	38.05%
Profit Margin	69.06%	163.75%	2246.84%	361.92%	232.08%
EBITDA	1,090	761.4	144.61	47.15	60.43
EBITDA Margin	61.61%	33.41%	46.04%	45.08%	39.79%
D&A For Ebitda	11.15	5.52	5.35	2.14	2.64
EBIT	1,079	755.88	139.26	45.01	57.79
EBIT Margin	60.98%	33.16%	44.34%	43.03%	38.05%
Effective Tax Rate	64.33%	0.94%	0.05%	-	-

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.