IST:RYGYO 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	3,665	3,582	2,549	1,027	324.99
Other Revenue	-	22.95	230.06	69.26	4.77
Total Revenue	3,665	3,605	2,779	1,096	329.75
Revenue Growth (YoY	1.67%	29.71%	153.62%	232.34%	23.39%
Property Expenses	460.45	399.59	489.02	143.41	48.29
Selling, General & Administrative	152.52	144.7	94.24	39.51	4.43
Other Operating Expenses	-16.85	-421.66	-489.06	13.2	5.86
Total Operating Expenses	596.12	122.64	94.19	196.12	58.58
Operating Income	3,069	3,483	2,685	899.8	271.18
Interest Expense	-2,241	-2,082	-1,232	-606.62	-190.5
Interest & Investment Income	16,273	19,702	11,941	8,241	1,611
Income (Loss) on Equity Investments	216	79.57	-	60.83	-
Currency Exchange Gain (Loss)	-	-61.71	-314.23	-168.57	-138.37
Other Non-Operating Income	2,250	-5,399	-518.65	-100.48	-0.64
EBT Excluding Unusual Items	19,567	15,720	12,562	8,326	1,553
Gain (Loss) on Sale of Investments	-12.88	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-1.41
Total Insurance Settlements	-	-	-	-	2.22
Asset Writedown	-3.99	-	-	-	-
Total Legal Settlements	-	-	-	-	-4.32
Pretax Income	19,550	15,720	12,562	8,326	1,549
Income Tax Expense	-6,743	6,492	2.73	2.12	1.72
Net Income	26,293	9,229	12,560	8,324	1,548
Net Income to Common	26,293	9,229	12,560	8,324	1,548
Net Income Growth	184.91%	-26.52%	50.88%	437.85%	277.08%
Basic Shares Outstanding	-	2,000	2,000	2,000	2,000
Diluted Shares Outstanding	-	2,000	2,000	2,000	2,000
Shares Change (YoY)	-	-	-	-	103.25%
EPS (Basic)	-	4.61	6.28	4.16	0.77
EPS (Diluted)	-	4.61	6.28	4.16	0.77
EPS Growth	-	-26.52%	50.88%	437.87%	85.52%
Operating Margin	83.74%	96.60%	96.61%	82.10%	82.24%
Profit Margin	717.36%	255.98%	451.87%	759.55%	469.33%
EBITDA	3,247	3,564	2,721	912.46	281.76
EBITDA Margin	88.60%	98.87%	97.90%	83.26%	85.45%
D&A For Ebitda	178.21	81.71	35.83	12.66	10.59
EBIT	3,069	3,483	2,685	899.8	271.18
EBIT Margin	83.74%	96.60%	96.61%	82.10%	82.24%
Effective Tax Rate	-	41.29%	0.02%	0.03%	0.11%

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