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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	6,416	1,769	2,279	314.1	104.6	151.87
Total Revenue	6,416	1,769	2,279	314.1	104.6	151.87
Revenue Growth (YoY	167.84%	-22.38%	625.63%	200.30%	-31.13%	-61.30%
Property Expenses	5,051	450.9	1,256	68.68	33.68	63.24
Selling, General & Administrative	292.73	250.82	259.32	114.12	27.05	26.94
Other Operating Expenses	-12.9	-11.38	7.66	-7.95	-1.15	3.9
Total Operating Expenses	5,331	690.35	1,523	174.85	59.58	94.07
Operating Income	1,085	1,079	755.88	139.26	45.01	57.79
Interest Expense	-3,159	-2,918	-833.89	-79.09	-36.22	-3.55
Currency Exchange Gain (Loss)	0.33	2.85	2.37	-11.29	2.45	-1.31
Other Non-Operating Income	2,157	1,488	647.26	669	-6.43	-15.62
EBT Excluding Unusual Items	84	-348.1	571.62	717.87	4.81	37.31
Asset Writedown	6,831	3,773	3,196	6,343	373.75	315.14
Pretax Income	6,915	3,425	3,768	7,061	378.56	352.45
Income Tax Expense	3,535	2,204	35.5	3.22	-	-
Net Income	3,379	1,222	3,732	7,057	378.56	352.45
Net Income to Common	3,379	1,222	3,732	7,057	378.56	352.45
Net Income Growth	67.67%	-67.26%	-47.12%	1764.30%	7.41%	9.66%
Basic Shares Outstanding	3,362	3,174	1,925	1,925	1,283	1,283
Diluted Shares Outstanding	3,362	3,174	1,925	1,925	1,283	1,283
Shares Change (YoY)	54.53%	64.89%	-	50.00%	-	-
EPS (Basic)	1.01	0.38	1.94	3.67	0.30	0.27
EPS (Diluted)	1.01	0.38	1.94	3.67	0.30	0.27
EPS Growth	8.50%	-80.15%	-47.12%	1142.87%	7.41%	9.66%
Dividend Per Share	0.004	0.004	0.015	0.004	-	0.004
Dividend Growth	-70.01%	-70.01%	271.80%	-	-	-
Operating Margin	16.91%	60.98%	33.16%	44.34%	43.03%	38.05%
Profit Margin	52.67%	69.06%	163.75%	2246.84%	361.92%	232.08%
EBITDA	1,098	1,090	761.4	144.61	47.15	60.43
EBITDA Margin	17.11%	61.61%	33.41%	46.04%	45.08%	39.79%
D&A For Ebitda	12.7	11.15	5.52	5.35	2.14	2.64
EBIT	1,085	1,079	755.88	139.26	45.01	57.79
EBIT Margin	16.91%	60.98%	33.16%	44.34%	43.03%	38.05%
Effective Tax Rate	51.13%	64.33%	0.94%	0.05%	-	-

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