IST:MHRGY Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Rental Revenue	267.88	238.96	198.82	112.75	37.9	30.53
Total Revenue	267.88	238.96	198.82	112.75	37.9	30.53
Revenue Growth (YoY	15.31%	20.18%	76.34%	197.46%	24.14%	-
Property Expenses	24.39	20.75	12.78	13.02	3.31	4.2
Selling, General & Administrative	112.56	65.19	48.23	8.3	4.58	16.61
Other Operating Expenses	1.17	1.47	3.17	10.48	-1.21	-12.93
Total Operating Expenses	138.11	87.42	64.18	31.8	6.68	7.88
Operating Income	129.77	151.54	134.65	80.95	31.23	22.65
Interest Expense	-	-	-0.02	-0.02	-16.35	-36.49
Interest & Investment Income	833.62	916.57	222.15	500.81	418.39	49.49
Currency Exchange Gain (Loss)	-0.73	-	-	-1.75	-19.75	-79.69
Other Non-Operating Income	-297.06	-569.68	-169.67	-51.12	-	-
EBT Excluding Unusual Items	665.6	498.44	187.11	528.86	413.51	-44.04
Gain (Loss) on Sale of Investments	-4.62	-	-142.02	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-0.01	0
Pretax Income	660.99	498.44	45.1	528.86	413.5	-44.04
Income Tax Expense	685.26	408.78	-	-505.53	85.09	11.54
Net Income	-24.28	89.65	45.1	1,034	328.41	-55.59
Net Income to Common	-24.28	89.65	45.1	1,034	328.41	-55.59
Net Income Growth	-	98.79%	-95.64%	214.97%	-	-
Basic Shares Outstanding	1,193	1,210	993	930	708	61
Diluted Shares Outstanding	1,193	1,210	993	930	708	61
Shares Change (YoY)	4.22%	21.80%	6.81%	31.27%	1066.21%	-
EPS (Basic)	-0.02	0.07	0.05	1.11	0.46	-0.91
EPS (Diluted)	-0.02	0.07	0.05	1.11	0.46	-0.91
EPS Growth	-	63.22%	-95.92%	139.95%	-	-
Operating Margin	48.44%	63.42%	67.72%	71.80%	82.38%	74.19%
Profit Margin	-9.06%	37.52%	22.68%	917.44%	866.41%	-182.04%
EBITDA	136.01	155.05	136.81	81.82	31.36	23
EBITDA Margin	50.77%	64.89%	68.81%	72.57%	82.73%	75.31%
D&A For Ebitda	6.23	3.51	2.17	0.87	0.13	0.34
EBIT	129.77	151.54	134.65	80.95	31.23	22.65
EBIT Margin	48.44%	63.42%	67.72%	71.80%	82.38%	74.19%
Effective Tax Rate	103.67%	82.01%	-	-	20.58%	-

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.