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

IST:HLGYO Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	7,175	1,769	2,279	314.1	104.6	151.87
Total Revenue	7,175	1,769	2,279	314.1	104.6	151.87
Revenue Growth (YoY	431.94%	-22.38%	625.63%	200.30%	-31.13%	-61.30%
Property Expenses	5,344	450.9	1,256	68.68	33.68	63.24
Selling, General & Administrative	294.83	250.82	259.32	114.12	27.05	26.94
Other Operating Expenses	590.74	-11.38	7.66	-7.95	-1.15	3.9
Total Operating Expenses	6,230	690.35	1,523	174.85	59.58	94.07
Operating Income	944.72	1,079	755.88	139.26	45.01	57.79
Interest Expense	-3,279	-2,918	-833.89	-79.09	-36.22	-3.55
Currency Exchange Gain (Loss)	1.57	2.85	2.37	-11.29	2.45	-1.31
Other Non-Operating Income	1,177	1,488	647.26	669	-6.43	-15.62
EBT Excluding Unusual Items	-1,155	-348.1	571.62	717.87	4.81	37.31
Asset Writedown	9,225	3,773	3,196	6,343	373.75	315.14
Pretax Income	8,069	3,425	3,768	7,061	378.56	352.45
Income Tax Expense	4,444	2,204	35.5	3.22	-	-
Net Income	3,625	1,222	3,732	7,057	378.56	352.45
Net Income to Common	3,625	1,222	3,732	7,057	378.56	352.45
Net Income Growth	47.98%	-67.26%	-47.12%	1764.30%	7.41%	9.66%
Basic Shares Outstanding	3,508	3,312	2,009	2,009	1,339	1,339
Diluted Shares Outstanding	3,508	3,312	2,009	2,009	1,339	1,339
Shares Change (YoY)	28.59%	64.89%	-	50.00%	-	-
EPS (Basic)	1.03	0.37	1.86	3.51	0.28	0.26
EPS (Diluted)	1.03	0.37	1.86	3.51	0.28	0.26
EPS Growth	15.08%	-80.15%	-47.12%	1142.87%	7.41%	9.66%
Dividend Per Share	0.004	0.004	0.014	0.004	-	0.004
Dividend Growth	-69.78%	-69.78%	275.68%	-	-	-
Operating Margin	13.17%	60.98%	33.16%	44.34%	43.03%	38.05%
Profit Margin	50.53%	69.06%	163.75%	2246.84%	361.92%	232.08%
EBITDA	956.37	1,090	761.4	144.61	47.15	60.43
EBITDA Margin	13.33%	61.61%	33.41%	46.04%	45.08%	39.79%
D&A For Ebitda	11.65	11.15	5.52	5.35	2.14	2.64
EBIT	944.72	1,079	755.88	139.26	45.01	57.79
EBIT Margin	13.17%	60.98%	33.16%	44.34%	43.03%	38.05%
Effective Tax Rate	55.07%	64.33%	0.94%	0.05%	-	-

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