IST:KZBGY 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	1,934	12,900	-	-	-
Total Revenue	1,934	12,900	-	-	-
Revenue Growth (YoY	-85.01%	-	-	-	-
Property Expenses	418.21	8,656	2.48	1.65	5.89
Selling, General & Administrative	382.55	384.81	238.72	93.23	33.48
Other Operating Expenses	-5.51	-5.77	-250.41	1.76	-0.18
Total Operating Expenses	795.25	9,035	-9.21	96.65	39.19
Operating Income	1,139	3,865	9.21	-96.65	-39.19
Interest Expense	-1,290	-235.56	-3.39	-23.44	-0.58
Interest & Investment Income	78.11	57.14	19.17	148.95	2.78
Currency Exchange Gain (Loss)	-231.98	-57.69	280.09	61.46	153.3
Other Non-Operating Income	-260.41	1,246	-252.83	373.99	10.45
EBT Excluding Unusual Items	-565.18	4,874	52.25	464.32	126.77
Asset Writedown	2,635	7,815	-2,788	2,745	12.79
Total Legal Settlements	-14.45	-	-0.29	-	-
Pretax Income	2,055	12,689	-2,736	3,210	139.55
Income Tax Expense	1,204	3,170	-	-	-
Earnings From Continuing Operations	850.64	9,520	-2,736	3,210	139.55
Minority Interest in Earnings	2.74	1.55	0.09	-	-
Net Income	853.38	9,521	-2,736	3,210	139.55
Net Income to Common	853.38	9,521	-2,736	3,210	139.55
Net Income Growth	-91.04%	-	-	2199.89%	-
Basic Shares Outstanding	4,000	4,000	4,000	4,000	4,000
Diluted Shares Outstanding	4,000	4,000	4,000	4,000	4,000
EPS (Basic)	0.21	2.38	-0.68	0.80	0.03
EPS (Diluted)	0.21	2.38	-0.68	0.80	0.03
EPS Growth	-91.04%	-	-	2199.91%	-
Operating Margin	58.88%	29.96%	-	-	-
Profit Margin	44.12%	73.81%	-	-	-
EBITDA	1,149	3,870	16.61	-95.14	-38.94
EBITDA Margin	59.41%	30.00%	-	-	-
D&A For Ebitda	10.18	5.59	7.4	1.51	0.25
EBIT	1,139	3,865	9.21	-96.65	-39.19
EBIT Margin	58.88%	29.96%	-	-	-
Effective Tax Rate	58.61%	24.98%	-	-	-

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