TSKB Gayrimenkul Yatirim Ortakligi A.S (IST:TSGYO)

IST:TSGYO Income Statement

Financials in millions TRY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	166.45	161.44	152.05	93.6	30.14	23.11
Other Revenue	10.86	14.51	1.41	6.55	1.24	-0.92
Total Revenue	177.31	175.95	153.47	100.14	31.37	22.2
Revenue Growth (YoY	3.37%	14.65%	53.25%	219.19%	41.35%	-14.25%
Property Expenses	92.76	90.97	81.91	48.3	9.9	8.66
Selling, General & Administrative	43.16	41.53	39.6	18.18	5.65	4.94
Other Operating Expenses	-2.92	-2.35	-3.78	-1.82	1.32	1
Total Operating Expenses	133.01	130.15	117.73	64.66	16.87	14.6
Operating Income	44.3	45.8	35.73	35.48	14.51	7.59
Interest Expense	-20.04	-0.1	-0.07	-	-12.87	-20.84
Interest & Investment Income	46.03	46.45	26.47	-	-	-
Currency Exchange Gain (Loss)	-0.03	-0.01	-0.46	-0.08	-16.89	-78
Other Non-Operating Income	-61.4	-71.12	-29.53	-11.5	0.01	21.81
EBT Excluding Unusual Items	8.87	21.02	32.15	23.9	-15.24	-69.44
Asset Writedown	203.82	203.82	485.22	958.79	140.12	23.66
Pretax Income	212.69	224.84	517.37	982.69	124.88	-45.78
Income Tax Expense	286.34	247.27	-	-	-	-
Net Income	-73.65	-22.43	517.37	982.69	124.88	-45.78
Net Income to Common	-73.7	-22.43	517.37	982.69	124.88	-45.78
Net Income Growth	-	-	-47.35%	686.91%	-	-
Basic Shares Outstanding	650	650	650	650	541	362
Diluted Shares Outstanding	650	650	650	650	541	362
Shares Change (YoY)	-	-	-	20.13%	49.35%	20.77%
EPS (Basic)	-0.11	-0.03	0.80	1.51	0.23	-0.13
EPS (Diluted)	-0.11	-0.03	0.80	1.51	0.23	-0.13
EPS Growth	-	-	-47.35%	555.07%	-	-
Operating Margin	24.99%	26.03%	23.28%	35.43%	46.24%	34.21%
Profit Margin	-41.56%	-12.75%	337.12%	981.28%	398.04%	-206.26%
EBITDA	45.72	46.98	36.53	35.72	14.6	7.68
EBITDA Margin	25.79%	26.70%	23.80%	35.67%	46.53%	34.62%
D&A For Ebitda	1.42	1.18	0.8	0.24	0.09	0.09
EBIT	44.3	45.8	35.73	35.48	14.51	7.59
EBIT Margin	24.99%	26.03%	23.28%	35.43%	46.24%	34.21%
Effective Tax Rate	134.63%	109.98%	-	-	-	-

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