IST:VKGYO 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	6,080	6,080	2,048	-	-	-
Other Revenue	-6,242	-	-	6,239	91.6	77.71
Total Revenue	-162.72	6,080	2,048	6,239	91.6	77.71
Revenue Growth (YoY	-	196.92%	-67.18%	6711.47%	17.86%	254.36%
Property Expenses	-3,268	4,997	1,305	5,834	49.42	64.57
Selling, General & Administrative	254.99	266.89	257.8	158.78	36.48	16.84
Other Operating Expenses	1,022	-24.85	67.08	-2.4	5.01	-0.72
Total Operating Expenses	-1,991	5,239	1,630	5,990	90.91	80.68
Operating Income	1,828	840.42	417.63	249.07	0.69	-2.96
Interest Expense	6.58	-8.69	-133.71	-39.92	-13.08	-11.17
Interest & Investment Income	254.58	-	-	449.36	148.14	46.86
Currency Exchange Gain (Loss)	-	-	-	-0	-0.03	-
Other Non-Operating Income	-164.41	-433.3	-290.66	310.64	-1.22	-0.56
EBT Excluding Unusual Items	1,925	398.43	-6.74	969.15	134.49	32.16
Gain (Loss) on Sale of Investments	-	-	-11.15	31.82	1	-
Gain (Loss) on Sale of Assets	-	-	-	13.46	7.5	-
Asset Writedown	385.85	4,855	1,945	731.92	331.69	86.43
Other Unusual Items	-	-	1.51	0.26	-	-
Pretax Income	2,311	5,253	1,928	1,747	474.69	118.59
Income Tax Expense	2,555	2,216	-	-	-	-
Net Income	-244.05	3,037	1,928	1,747	474.69	118.59
Net Income to Common	-244.05	3,037	1,928	1,747	474.69	118.59
Net Income Growth	-	57.51%	10.40%	267.95%	300.27%	23.34%
Basic Shares Outstanding	3,450	3,450	3,450	2,300	1,795	996
Diluted Shares Outstanding	3,450	3,450	3,450	2,300	1,795	996
Shares Change (YoY)	-10.75%	-	50.00%	28.17%	80.10%	75.14%
EPS (Basic)	-0.07	0.88	0.56	0.76	0.26	0.12
EPS (Diluted)	-0.07	0.88	0.56	0.76	0.26	0.12
EPS Growth	-	57.51%	-26.40%	187.08%	122.24%	-29.58%
Operating Margin	-	13.82%	20.40%	3.99%	0.75%	-3.82%
Profit Margin	-	49.96%	94.17%	27.99%	518.24%	152.60%
EBITDA	1,831	842.94	419.4	252.04	1.23	-2.85
EBITDA Margin	-	13.87%	20.48%	4.04%	1.34%	-3.67%
D&A For Ebitda	3.04	2.52	1.77	2.97	0.54	0.11
EBIT	1,828	840.42	417.63	249.07	0.69	-2.96
EBIT Margin	-	13.82%	20.40%	3.99%	0.75%	-3.82%
Effective Tax Rate	110.56%	42.18%	-	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.