IST:RGYAS 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	12,640	10,763	7,235	4,201	3,308
Other Revenue	88.53	174.08	3,204	1,827	233.83
Total Revenue	12,729	10,937	10,439	6,029	3,542
Revenue Growth (YoY	16.38%	4.78%	73.15%	70.23%	321.06%
Property Expenses	3,800	3,285	2,660	1,575	1,034
Selling, General & Administrative	657.11	499.87	290.95	116.1	142.44
Other Operating Expenses	225.25	-96.13	-91.04	53.24	4.9
Total Operating Expenses	4,682	3,689	2,859	1,745	1,181
Operating Income	8,047	7,248	7,579	4,284	2,360
Interest Expense	-2,322	-4,097	-3,857	-2,309	-3,000
Interest & Investment Income	10,732	792.11	176.7	227.62	966.09
Currency Exchange Gain (Loss)	-6,785	-3,413	-13,150	-6,095	-14,766
Other Non-Operating Income	5,972	11,066	17,567	14,183	12,015
EBT Excluding Unusual Items	15,643	11,596	8,316	10,290	-2,424
Gain (Loss) on Sale of Investments	-	-	-10.26	-	-
Gain (Loss) on Sale of Assets	141.43	420.01	1,202	253.41	-
Total Insurance Settlements	21.72	399.29	-	-	-
Asset Writedown	5,917	250.79	10,861	7,571	1,807
Pretax Income	21,723	12,666	20,369	18,115	-616.92
Income Tax Expense	5,417	6,532	-6,030	3,545	1,354
Net Income	16,306	6,134	26,399	14,570	-1,971
Net Income to Common	16,306	6,134	26,399	14,570	-1,971
Net Income Growth	165.85%	-76.77%	81.19%	-	-
Basic Shares Outstanding	331	320	304	304	304
Diluted Shares Outstanding	331	320	304	304	304
Shares Change (YoY)	3.56%	5.24%	-	-	-
EPS (Basic)	49.26	19.19	86.92	47.97	-6.49
EPS (Diluted)	49.26	19.19	86.92	47.97	-6.49
EPS Growth	156.72%	-77.92%	81.19%	-	-
Dividend Per Share	1.639	-	-	-	-
Operating Margin	63.22%	66.27%	72.61%	71.06%	66.65%
Profit Margin	128.11%	56.08%	252.90%	241.67%	-55.65%
EBITDA	8,076	7,274	7,596	4,302	2,364
EBITDA Margin	63.45%	66.50%	72.77%	71.36%	66.76%
D&A For Ebitda	29.63	25.22	17.31	18.31	3.96
EBIT	8,047	7,248	7,579	4,284	2,360
EBIT Margin	63.22%	66.27%	72.61%	71.06%	66.65%
Effective Tax Rate	24.93%	51.57%	-	19.57%	-

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