IST:TRGYO 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	13,003	12,511	7,177	5,286	1,484	1,106
Other Revenue	150.65	120.27	909.24	347.66	143.78	42.77
Total Revenue	13,154	12,631	8,086	5,634	1,628	1,149
Revenue Growth (YoY	42.03%	56.21%	43.52%	246.18%	41.68%	7.62%
Property Expenses	5,260	5,032	1,850	1,620	308.1	430.03
Selling, General & Administrative	374.66	382.25	440.6	351.72	128.51	66.01
Other Operating Expenses	-148.76	276.33	103.21	56.4	-4.77	13.67
Total Operating Expenses	5,486	5,691	2,394	2,028	431.83	509.71
Operating Income	7,668	6,940	5,692	3,606	1,196	639
Interest Expense	-710.85	-914.49	-1,552	-1,101	-561.14	-531.01
Interest & Investment Income	5,478	4,507	868.98	177.16	47.61	36.26
Currency Exchange Gain (Loss)	2,494	930.68	153.16	-655.32	-1,052	-489.17
Other Non-Operating Income	-4,878	-3,352	1,810	4,441	227.84	-55.9
EBT Excluding Unusual Items	10,051	8,111	6,972	6,467	-141.68	-400.82
Gain (Loss) on Sale of Assets	901.16	-3,624	103.09	141.46	-	-
Asset Writedown	8,128	4,801	11,175	9,761	5,448	693.82
Pretax Income	19,080	9,287	18,249	16,370	5,307	293
Income Tax Expense	2,065	676.08	1.39	3.55	-	-
Earnings From Continuing Operations	17,016	8,611	18,248	16,366	5,307	293
Net Income	17,016	8,611	18,248	16,366	5,307	293
Net Income to Common	17,016	8,611	18,248	16,366	5,307	293
Net Income Growth	49.87%	-52.81%	11.50%	208.40%	1711.19%	-66.16%
Basic Shares Outstanding	1,000	1,000	1,000	1,000	1,000	1,000
Diluted Shares Outstanding	1,000	1,000	1,000	1,000	1,000	1,000
EPS (Basic)	17.02	8.61	18.25	16.37	5.31	0.29
EPS (Diluted)	17.02	8.61	18.25	16.37	5.31	0.29
EPS Growth	49.87%	-52.81%	11.50%	208.40%	1711.19%	-66.16%
Dividend Per Share	-	-	2.350	0.200	-	-
Dividend Growth	-	-	1075.00%	-	-	-
Operating Margin	58.29%	54.95%	70.40%	64.00%	73.47%	55.63%
Profit Margin	129.36%	68.18%	225.68%	290.49%	326.07%	25.51%
EBITDA	7,786	7,038	5,800	3,629	1,213	640.97
EBITDA Margin	59.19%	55.72%	71.73%	64.42%	74.51%	55.80%
D&A For Ebitda	117.74	97.74	107.58	23.85	16.99	1.97
EBIT	7,668	6,940	5,692	3,606	1,196	639
EBIT Margin	58.29%	54.95%	70.40%	64.00%	73.47%	55.63%
Effective Tax Rate	10.82%	7.28%	0.01%	0.02%	-	-

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