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	7,235	1,769	2,279	314.1	104.6	151.87
Total Revenue	7,235	1,769	2,279	314.1	104.6	151.87
Revenue Growth (YoY	461.63%	-22.38%	625.63%	200.30%	-31.13%	-61.30%
Property Expenses	5,363	450.9	1,256	68.68	33.68	63.24
Selling, General & Administrative	326.8	250.82	259.32	114.12	27.05	26.94
Other Operating Expenses	-6,899	-11.38	7.66	-7.95	-1.15	3.9
Total Operating Expenses	-1,209	690.35	1,523	174.85	59.58	94.07
Operating Income	8,444	1,079	755.88	139.26	45.01	57.79
Interest Expense	-3,669	-2,918	-833.89	-79.09	-36.22	-3.55
Currency Exchange Gain (Loss)	-0.49	2.85	2.37	-11.29	2.45	-1.31
Other Non-Operating Income	1,447	1,488	647.26	669	-6.43	-15.62
EBT Excluding Unusual Items	6,221	-348.1	571.62	717.87	4.81	37.31
Asset Writedown	2,465	3,773	3,196	6,343	373.75	315.14
Pretax Income	8,686	3,425	3,768	7,061	378.56	352.45
Income Tax Expense	4,428	2,204	35.5	3.22	-	-
Net Income	4,258	1,222	3,732	7,057	378.56	352.45
Net Income to Common	4,258	1,222	3,732	7,057	378.56	352.45
Net Income Growth	134.29%	-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	0.004	0.004	0.015	0.004	-	0.004
Dividend Growth	-70.01%	-70.01%	271.80%	-	-	-
Operating Margin	116.71%	60.98%	33.16%	44.34%	43.03%	38.05%
Profit Margin	58.85%	69.06%	163.75%	2246.84%	361.92%	232.08%
EBITDA	8,472	1,090	761.4	144.61	47.15	60.43
EBITDA Margin	117.09%	61.61%	33.41%	46.04%	45.08%	39.79%
D&A For Ebitda	27.71	11.15	5.52	5.35	2.14	2.64
EBIT	8,444	1,079	755.88	139.26	45.01	57.79
EBIT Margin	116.71%	60.98%	33.16%	44.34%	43.03%	38.05%
Effective Tax Rate	50.98%	64.33%	0.94%	0.05%	-	-

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