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

IST:PAGYO Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	758.18	650.46	314.66	75.22	53.03
Total Revenue	758.18	650.46	314.66	75.22	53.03
Revenue Growth (YoY	16.56%	106.72%	318.33%	41.84%	-40.14%
Property Expenses	160.57	174.5	89	23.27	18.65
Selling, General & Administrative	38.67	18.58	21.06	4.87	5.93
Other Operating Expenses	23.11	15.44	-11.24	-0.48	0.1
Total Operating Expenses	222.36	208.52	98.81	27.67	24.69
Operating Income	535.83	441.94	215.85	47.55	28.34
Interest Expense	-104.11	-15.84	-	-0.56	-0.36
Interest & Investment Income	73.88	57.07	10.23	1.37	1.45
Currency Exchange Gain (Loss)	-0.16	79.15	-0.05	0.62	0.32
Other Non-Operating Income	144.44	-174	-64.7	-	-
EBT Excluding Unusual Items	649.87	388.32	161.32	48.98	29.75
Asset Writedown	466.98	3,424	1,649	201.09	-0.46
Pretax Income	1,117	3,813	1,811	250.07	29.29
Income Tax Expense	296.15	1.47	-1.11	0.38	-0.14
Net Income	820.7	3,811	1,812	249.69	29.43
Net Income to Common	820.7	3,811	1,812	249.69	29.43
Net Income Growth	-78.47%	110.35%	625.62%	748.32%	-52.94%
Basic Shares Outstanding	87	87	87	87	87
Diluted Shares Outstanding	87	87	87	87	87
EPS (Basic)	9.43	43.81	20.83	2.87	0.34
EPS (Diluted)	9.43	43.81	20.83	2.87	0.34
EPS Growth	-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	70.67%	67.94%	68.60%	63.22%	53.45%
Profit Margin	108.24%	585.91%	575.80%	331.95%	55.50%
EBITDA	536.12	443.07	216.61	47.68	28.48
EBITDA Margin	70.71%	68.12%	68.84%	63.38%	53.70%
D&A For Ebitda	0.29	1.13	0.76	0.13	0.13
EBIT	535.83	441.94	215.85	47.55	28.34
EBIT Margin	70.67%	67.94%	68.60%	63.22%	53.45%
Effective Tax Rate	26.52%	0.04%	-	0.15%	-

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