IST:TRGYO 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	11,924	12,511	7,177	5,286	1,484
Other Revenue	-	120.27	909.24	347.66	143.78
Total Revenue	11,924	12,631	8,086	5,634	1,628
Revenue Growth (YoY	-5.60%	56.21%	43.52%	246.18%	41.68%
Property Expenses	5,241	5,032	1,850	1,620	308.1
Selling, General & Administrative	-	382.25	440.6	351.72	128.51
Other Operating Expenses	421.99	276.33	103.21	56.4	-4.77
Total Operating Expenses	5,663	5,691	2,394	2,028	431.83
Operating Income	6,261	6,940	5,692	3,606	1,196
Interest Expense	-	-914.49	-1,552	-1,101	-561.14
Interest & Investment Income	5,056	4,507	868.98	177.16	47.61
Currency Exchange Gain (Loss)	2,734	930.68	153.16	-655.32	-1,052
Other Non-Operating Income	1,438	-3,352	1,810	4,441	227.84
EBT Excluding Unusual Items	15,489	8,111	6,972	6,467	-141.68
Gain (Loss) on Sale of Assets	-	-3,624	103.09	141.46	-
Asset Writedown	-	4,801	11,175	9,761	5,448
Pretax Income	15,489	9,287	18,249	16,370	5,307
Income Tax Expense	-	676.08	1.39	3.55	-
Earnings From Continuing Operations	15,489	8,611	18,248	16,366	5,307
Net Income	15,619	8,611	18,248	16,366	5,307
Net Income to Common	15,619	8,611	18,248	16,366	5,307
Net Income Growth	81.38%	-52.81%	11.50%	208.40%	1711.19%
Basic Shares Outstanding	994	1,000	1,000	1,000	1,000
Diluted Shares Outstanding	994	1,000	1,000	1,000	1,000
Shares Change (YoY)	-0.59%	-	-	-	-
EPS (Basic)	15.71	8.61	18.25	16.37	5.31
EPS (Diluted)	15.71	8.61	18.25	16.37	5.31
EPS Growth	82.46%	-52.81%	11.50%	208.40%	1711.19%
Dividend Per Share	-	-	2.350	0.200	-
Dividend Growth	-	-	1075.00%	-	-
Operating Margin	52.51%	54.95%	70.40%	64.00%	73.47%
Profit Margin	130.99%	68.18%	225.68%	290.49%	326.07%
EBITDA	6,318	7,038	5,800	3,629	1,213
EBITDA Margin	52.99%	55.72%	71.73%	64.42%	74.51%
D&A For Ebitda	57.78	97.74	107.58	23.85	16.99
EBIT	6,261	6,940	5,692	3,606	1,196
EBIT Margin	52.51%	54.95%	70.40%	64.00%	73.47%
Effective Tax Rate	-	7.28%	0.01%	0.02%	-

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