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	14,856	16,375	7,177	5,286	1,484
Other Revenue	1,089	157.42	909.24	347.66	143.78
Total Revenue	15,945	16,533	8,086	5,634	1,628
Revenue Growth (YoY	-3.55%	104.46%	43.52%	246.18%	41.68%
Property Expenses	4,258	6,587	1,850	1,620	308.1
Selling, General & Administrative	581.36	500.33	440.6	351.72	128.51
Other Operating Expenses	82.19	361.69	103.21	56.4	-4.77
Total Operating Expenses	4,921	7,449	2,394	2,028	431.83
Operating Income	11,024	9,084	5,692	3,606	1,196
Interest Expense	-752.02	-1,197	-1,552	-1,101	-561.14
Interest & Investment Income	6,889	5,899	868.98	177.16	47.61
Currency Exchange Gain (Loss)	3,079	1,218	153.16	-655.32	-1,052
Other Non-Operating Income	-7,285	-4,388	1,810	4,441	227.84
EBT Excluding Unusual Items	12,955	10,616	6,972	6,467	-141.68
Gain (Loss) on Sale of Assets	112.8	-4,744	103.09	141.46	-
Asset Writedown	1,959	6,284	11,175	9,761	5,448
Pretax Income	15,028	12,157	18,249	16,370	5,307
Income Tax Expense	7,298	884.94	1.39	3.55	-
Net Income	7,730	11,272	18,248	16,366	5,307
Net Income to Common	7,730	11,272	18,248	16,366	5,307
Net Income Growth	-31.42%	-38.23%	11.50%	208.40%	1711.19%
Basic Shares Outstanding	1,000	1,000	1,000	1,000	1,000
Diluted Shares Outstanding	1,000	1,000	1,000	1,000	1,000
EPS (Basic)	7.73	11.27	18.25	16.37	5.31
EPS (Diluted)	7.73	11.27	18.25	16.37	5.31
EPS Growth	-31.42%	-38.23%	11.50%	208.40%	1711.19%
Dividend Per Share	-	-	2.350	0.200	-
Dividend Growth	-	-	1075.00%	-	-
Operating Margin	69.14%	54.95%	70.40%	64.00%	73.47%
Profit Margin	48.48%	68.18%	225.68%	290.49%	326.07%
EBITDA	11,149	9,212	5,800	3,629	1,213
EBITDA Margin	69.92%	55.72%	71.73%	64.42%	74.51%
D&A For Ebitda	125.32	127.93	107.58	23.85	16.99
EBIT	11,024	9,084	5,692	3,606	1,196
EBIT Margin	69.14%	54.95%	70.40%	64.00%	73.47%
Effective Tax Rate	48.56%	7.28%	0.01%	0.02%	-

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