IST:HLGYO 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
Rental Revenue	19,783	2,294	2,279	314.1	104.6
Total Revenue	19,783	2,294	2,279	314.1	104.6
Revenue Growth (YoY	762.33%	0.66%	625.63%	200.30%	-31.13%
Property Expenses	16,531	590.19	1,256	68.68	33.68
Selling, General & Administrative	426.5	328.31	259.32	114.12	27.05
Other Operating Expenses	825.53	-17.55	7.66	-7.95	-1.15
Total Operating Expenses	17,783	900.95	1,523	174.85	59.58
Operating Income	2,000	1,393	755.88	139.26	45.01
Interest Expense	-5,222	-3,822	-833.89	-79.09	-36.22
Interest & Investment Income	501.95	21.51	-	-	-
Currency Exchange Gain (Loss)	2.43	3.73	2.37	-11.29	2.45
Other Non-Operating Income	1,061	1,947	647.26	669	-6.43
EBT Excluding Unusual Items	-1,657	-455.64	571.62	717.87	4.81
Asset Writedown	20,968	4,939	3,196	6,343	373.75
Pretax Income	19,311	4,484	3,768	7,061	378.56
Income Tax Expense	6,033	2,884	35.5	3.22	-
Net Income	13,279	1,599	3,732	7,057	378.56
Net Income to Common	13,279	1,599	3,732	7,057	378.56
Net Income Growth	730.29%	-57.15%	-47.12%	1764.30%	7.41%
Basic Shares Outstanding	3,840	3,520	2,009	2,009	1,339
Diluted Shares Outstanding	3,840	3,520	2,009	2,009	1,339
Shares Change (YoY)	9.10%	75.24%	-	50.00%	-
EPS (Basic)	3.46	0.45	1.86	3.51	0.28
EPS (Diluted)	3.46	0.45	1.86	3.51	0.28
EPS Growth	661.04%	-75.55%	-47.12%	1142.87%	7.41%
Dividend Per Share	-	0.004	0.014	0.004	-
Dividend Growth	-	-69.78%	275.68%	-	-
Operating Margin	10.11%	60.73%	33.16%	44.34%	43.03%
Profit Margin	67.12%	69.71%	163.75%	2246.84%	361.92%
EBITDA	2,030	1,408	761.4	144.61	47.15
EBITDA Margin	10.26%	61.37%	33.41%	46.04%	45.08%
D&A For Ebitda	30.07	14.59	5.52	5.35	2.14
EBIT	2,000	1,393	755.88	139.26	45.01
EBIT Margin	10.11%	60.73%	33.16%	44.34%	43.03%
Effective Tax Rate	31.24%	64.33%	0.94%	0.05%	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.