IST:RGYAS 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	Sep '25 Sep 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	9,269	8,223	7,235	4,201	3,308	688.26
Other Revenue	-2,053	133	3,204	1,827	233.83	152.84
Total Revenue	7,216	8,356	10,439	6,029	3,542	841.1
Revenue Growth (YoY	-46.09%	-19.95%	73.15%	70.23%	321.06%	-11.61%
Property Expenses	3,086	2,510	2,660	1,575	1,034	239.04
Selling, General & Administrative	405.82	381.9	290.95	116.1	142.44	28.39
Other Operating Expenses	67.6	-73.45	-91.04	53.24	4.9	12.04
Total Operating Expenses	3,559	2,818	2,859	1,745	1,181	279.47
Operating Income	3,657	5,538	7,579	4,284	2,360	561.63
Interest Expense	-1,507	-3,130	-3,857	-2,309	-3,000	-477.54
Interest & Investment Income	7,755	605.17	176.7	227.62	966.09	77.34
Currency Exchange Gain (Loss)	-4,086	-2,608	-13,150	-6,095	-14,766	-1,942
Other Non-Operating Income	3,836	8,454	17,567	14,183	12,015	-117.39
EBT Excluding Unusual Items	9,655	8,859	8,316	10,290	-2,424	-1,898
Gain (Loss) on Sale of Investments	-	-	-10.26	-	-	-
Gain (Loss) on Sale of Assets	589.53	320.89	1,202	253.41	-	-
Total Insurance Settlements	-54.89	305.05	-	-	-	-
Asset Writedown	138.05	191.6	10,861	7,571	1,807	1,487
Total Legal Settlements	-	-	-	-	-	-1.68
Pretax Income	10,328	9,677	20,369	18,115	-616.92	-412.01
Income Tax Expense	5,567	4,991	-6,030	3,545	1,354	-15.13
Net Income	4,760	4,686	26,399	14,570	-1,971	-396.87
Net Income to Common	4,760	4,686	26,399	14,570	-1,971	-396.87
Net Income Growth	-83.64%	-82.25%	81.19%	-	-	-
Basic Shares Outstanding	331	320	304	304	304	304
Diluted Shares Outstanding	331	320	304	304	304	304
Shares Change (YoY)	5.81%	5.24%	-	-	-	-
EPS (Basic)	14.38	14.66	86.92	47.97	-6.49	-1.31
EPS (Diluted)	14.38	14.66	86.92	47.97	-6.49	-1.31
EPS Growth	-84.54%	-83.13%	81.19%	-	-	-
Dividend Per Share	1.639	-	-	-	-	-
Operating Margin	50.68%	66.27%	72.61%	71.06%	66.65%	66.77%
Profit Margin	65.97%	56.08%	252.90%	241.67%	-55.65%	-47.19%
EBITDA	3,673	5,555	7,596	4,302	2,364	561.74
EBITDA Margin	50.90%	66.48%	72.77%	71.36%	66.76%	66.79%
D&A For Ebitda	16.08	17.34	17.31	18.31	3.96	0.12
EBIT	3,657	5,538	7,579	4,284	2,360	561.63
EBIT Margin	50.68%	66.27%	72.61%	71.06%	66.65%	66.77%
Effective Tax Rate	53.91%	51.57%	-	19.57%	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.