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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	169.28	161.44	152.05	93.6	30.14	23.11
Other Revenue	10.87	14.51	1.41	6.55	1.24	-0.92
Total Revenue	180.15	175.95	153.47	100.14	31.37	22.2
Revenue Growth (YoY	-7.73%	14.65%	53.25%	219.19%	41.35%	-14.25%
Property Expenses	92.85	90.97	81.91	48.3	9.9	8.66
Selling, General & Administrative	45.23	41.53	39.6	18.18	5.65	4.94
Other Operating Expenses	4.79	-2.35	-3.78	-1.82	1.32	1
Total Operating Expenses	142.87	130.15	117.73	64.66	16.87	14.6
Operating Income	37.28	45.8	35.73	35.48	14.51	7.59
Interest Expense	-39.54	-0.1	-0.07	-	-12.87	-20.84
Interest & Investment Income	37.6	46.45	26.47	-	-	-
Currency Exchange Gain (Loss)	-0.11	-0.01	-0.46	-0.08	-16.89	-78
Other Non-Operating Income	-52.84	-71.12	-29.53	-11.5	0.01	21.81
EBT Excluding Unusual Items	-17.6	21.02	32.15	23.9	-15.24	-69.44
Asset Writedown	31.76	203.82	485.22	958.79	140.12	23.66
Pretax Income	14.16	224.84	517.37	982.69	124.88	-45.78
Income Tax Expense	289.88	247.27	-	-	-	-
Net Income	-275.73	-22.43	517.37	982.69	124.88	-45.78
Net Income to Common	-275.73	-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)	-0.42	-0.03	0.80	1.51	0.23	-0.13
EPS (Diluted)	-0.42	-0.03	0.80	1.51	0.23	-0.13
EPS Growth	-	-	-47.35%	555.07%	-	-
Operating Margin	20.69%	26.03%	23.28%	35.43%	46.24%	34.21%
Profit Margin	-153.05%	-12.75%	337.12%	981.28%	398.04%	-206.26%
EBITDA	38.58	46.98	36.53	35.72	14.6	7.68
EBITDA Margin	21.41%	26.70%	23.80%	35.67%	46.53%	34.62%
D&A For Ebitda	1.3	1.18	0.8	0.24	0.09	0.09
EBIT	37.28	45.8	35.73	35.48	14.51	7.59
EBIT Margin	20.69%	26.03%	23.28%	35.43%	46.24%	34.21%
Effective Tax Rate	2047.33%	109.98%	-	-	-	-

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