IST:SRVGY 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	1,971	1,276	1,423	1,578	414.24	1,307
Total Revenue	1,971	1,276	1,423	1,578	414.24	1,307
Revenue Growth (YoY	22.61%	-10.34%	-9.81%	280.99%	-68.29%	1259.13%
Property Expenses	692.5	463.06	427.1	573.07	231.04	201.63
Selling, General & Administrative	133.44	116.43	97.06	74.36	23.91	23.01
Other Operating Expenses	32.01	8.81	-4.23	-25.37	15.1	5.11
Total Operating Expenses	857.95	588.3	519.93	622.06	270.06	229.74
Operating Income	1,114	687.91	903.47	956.12	144.18	1,077
Interest Expense	-144.49	-144.49	-1,412	-285.48	-49.67	-10.84
Interest & Investment Income	252.16	13.65	372.68	-	1,647	89.27
Currency Exchange Gain (Loss)	-	-	-	-1,267	-842.23	-6.35
Other Non-Operating Income	-222.9	-461.16	6,260	1,766	-	-
EBT Excluding Unusual Items	998.28	95.91	6,124	1,170	898.81	1,149
Asset Writedown	5,768	5,768	1,889	4,143	-	-
Pretax Income	6,767	5,864	8,013	5,313	898.81	1,149
Income Tax Expense	2,371	2,210	732.9	594.75	210.21	183.08
Earnings From Continuing Operations	4,395	3,654	7,280	4,718	688.6	965.78
Minority Interest in Earnings	-2,173	-1,668	-45.1	-9.16	-16.24	-62.14
Net Income	2,223	1,986	7,235	4,709	672.36	903.63
Net Income to Common	2,223	1,986	7,235	4,709	672.36	903.63
Net Income Growth	-61.53%	-72.55%	53.64%	600.33%	-25.59%	1625.93%
Basic Shares Outstanding	3,250	3,250	3,250	3,250	3,250	3,250
Diluted Shares Outstanding	3,250	3,250	3,250	3,250	3,250	3,250
EPS (Basic)	0.68	0.61	2.23	1.45	0.21	0.28
EPS (Diluted)	0.68	0.61	2.23	1.45	0.21	0.28
EPS Growth	-61.53%	-72.55%	53.64%	600.33%	-25.59%	1626.00%
Operating Margin	56.48%	53.90%	63.47%	60.58%	34.80%	82.42%
Profit Margin	112.74%	155.62%	508.26%	298.36%	162.31%	69.16%
EBITDA	1,118	691.41	905.87	958.19	144.26	1,077
EBITDA Margin	56.69%	54.18%	63.64%	60.71%	34.83%	82.42%
D&A For Ebitda	4.14	3.5	2.4	2.07	0.09	0.05
EBIT	1,114	687.91	903.47	956.12	144.18	1,077
EBIT Margin	56.48%	53.90%	63.47%	60.58%	34.80%	82.42%
Effective Tax Rate	35.04%	37.69%	9.15%	11.20%	23.39%	15.94%

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