IST:TEHOL 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	3,985	40.41	52.82	-	-
Other Revenue	-	-	-	9.19	3.99
Total Revenue	3,985	40.41	52.82	9.19	3.99
Revenue Growth (YoY	9762.64%	-23.49%	475.03%	130.12%	-54.51%
Property Expenses	3,712	30.9	33.97	6.56	3.86
Selling, General & Administrative	594.62	40.52	25.61	6.49	4.92
Other Operating Expenses	-80.65	4.6	4.75	-0.18	-0.11
Total Operating Expenses	4,226	76.01	64.33	12.86	8.82
Operating Income	-240.94	-35.6	-11.51	-3.67	-4.83
Interest Expense	-683.32	-129.15	-19.22	-0.26	-1.2
Interest & Investment Income	3,915	1,116	735.91	0.24	0.41
Currency Exchange Gain (Loss)	-91.44	-1.03	-0.07	-0	-
Other Non-Operating Income	155.65	78.01	-44.67	0	-0.19
EBT Excluding Unusual Items	3,055	1,028	660.44	-3.7	-5.82
Gain (Loss) on Sale of Investments	-277	-17.72	-0.08	-	-
Total Insurance Settlements	1.82	-	-	-	-
Asset Writedown	-	-	-	427.56	20.97
Other Unusual Items	182.57	134.91	-	-	-
Pretax Income	2,963	1,145	660.36	423.87	15.15
Income Tax Expense	135.3	332.6	-	-	-
Earnings From Continuing Operations	2,827	812.54	660.36	423.87	15.15
Minority Interest in Earnings	-38.89	-	-	-	-
Net Income	2,788	812.54	660.36	423.87	15.15
Net Income to Common	2,788	812.54	660.36	423.87	15.15
Net Income Growth	243.17%	23.04%	55.79%	2697.58%	-
Basic Shares Outstanding	1,996	998	998	998	921
Diluted Shares Outstanding	1,996	998	998	998	921
Shares Change (YoY)	100.00%	-	-	8.32%	47.70%
EPS (Basic)	1.40	0.81	0.66	0.42	0.02
EPS (Diluted)	1.40	0.81	0.66	0.42	0.02
EPS Growth	71.59%	23.04%	55.79%	2482.70%	-
Operating Margin	-6.04%	-88.10%	-21.80%	-40.01%	-121.08%
Profit Margin	69.97%	2010.79%	1250.27%	4614.65%	379.59%
EBITDA	1,661	-34.13	-10.14	-3.66	-4.83
EBITDA Margin	41.67%	-84.47%	-19.20%	-39.89%	-120.92%
D&A For Ebitda	1,902	1.47	1.37	0.01	0.01
EBIT	-240.94	-35.6	-11.51	-3.67	-4.83
EBIT Margin	-6.04%	-88.10%	-21.80%	-40.01%	-121.08%
Effective Tax Rate	4.57%	29.04%	-	-	-

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