Panora Gayrimenkul Yatirim Ortakligi A.S. (IST:PAGYO)

IST:PAGYO 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	821.73	758.18	650.46	314.66	75.22	53.03
Total Revenue	821.73	758.18	650.46	314.66	75.22	53.03
Revenue Growth (YoY	6.91%	16.56%	106.72%	318.33%	41.84%	-40.14%
Property Expenses	162.13	160.57	174.5	89	23.27	18.65
Selling, General & Administrative	45.61	38.67	18.58	21.06	4.87	5.93
Other Operating Expenses	18.01	23.11	15.44	-11.24	-0.48	0.1
Total Operating Expenses	225.74	222.36	208.52	98.81	27.67	24.69
Operating Income	595.99	535.83	441.94	215.85	47.55	28.34
Interest Expense	-100.04	-104.11	-15.84	-	-0.56	-0.36
Interest & Investment Income	83.82	73.88	57.07	10.23	1.37	1.45
Currency Exchange Gain (Loss)	-0.16	-0.16	79.15	-0.05	0.62	0.32
Other Non-Operating Income	87.05	144.44	-174	-64.7	-	-
EBT Excluding Unusual Items	666.67	649.87	388.32	161.32	48.98	29.75
Asset Writedown	466.98	466.98	3,424	1,649	201.09	-0.46
Pretax Income	1,134	1,117	3,813	1,811	250.07	29.29
Income Tax Expense	403.29	296.15	1.47	-1.11	0.38	-0.14
Net Income	730.36	820.7	3,811	1,812	249.69	29.43
Net Income to Common	730.36	820.7	3,811	1,812	249.69	29.43
Net Income Growth	-81.83%	-78.47%	110.35%	625.62%	748.32%	-52.94%
Basic Shares Outstanding	87	87	87	87	87	87
Diluted Shares Outstanding	87	87	87	87	87	87
EPS (Basic)	8.39	9.43	43.81	20.83	2.87	0.34
EPS (Diluted)	8.39	9.43	43.81	20.83	2.87	0.34
EPS Growth	-81.86%	-78.47%	110.35%	625.62%	748.32%	-52.94%
Dividend Per Share	-	-	2.864	1.055	0.410	0.255
Dividend Growth	-	-	171.51%	157.27%	60.78%	-
Operating Margin	72.53%	70.67%	67.94%	68.60%	63.22%	53.45%
Profit Margin	88.88%	108.24%	585.91%	575.80%	331.95%	55.50%
EBITDA	596.37	536.12	443.07	216.61	47.68	28.48
EBITDA Margin	72.58%	70.71%	68.12%	68.84%	63.38%	53.70%
D&A For Ebitda	0.38	0.29	1.13	0.76	0.13	0.13
EBIT	595.99	535.83	441.94	215.85	47.55	28.34
EBIT Margin	72.53%	70.67%	67.94%	68.60%	63.22%	53.45%
Effective Tax Rate	35.57%	26.52%	0.04%	-	0.15%	-

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