IST:VKGYO 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
Other Revenue	1,697	7,302	1,394	6,239	91.6
Total Revenue	1,697	7,302	1,394	6,239	91.6
Revenue Growth (YoY	-76.76%	423.99%	-77.66%	6711.47%	17.86%
Property Expenses	681.59	6,421	1,305	5,834	49.42
Selling, General & Administrative	368.37	414.94	320.06	158.78	36.48
Other Operating Expenses	109.51	881.72	4.82	-2.4	5.01
Total Operating Expenses	1,159	7,718	1,630	5,990	90.91
Operating Income	537.79	-415.31	-236.3	249.07	0.69
Interest Expense	-1.46	-11.38	-133.71	-39.92	-13.08
Interest & Investment Income	976.95	655.23	653.93	449.36	148.14
Currency Exchange Gain (Loss)	-	-	-	-0	-0.03
Other Non-Operating Income	-539.54	-567.16	-290.66	310.64	-1.22
EBT Excluding Unusual Items	973.74	-338.61	-6.74	969.15	134.49
Gain (Loss) on Sale of Investments	-	-	-11.15	31.82	1
Gain (Loss) on Sale of Assets	-	-	-	13.46	7.5
Asset Writedown	853.16	7,214	1,945	731.92	331.69
Other Unusual Items	-	-	1.51	0.26	-
Pretax Income	1,827	6,876	1,928	1,747	474.69
Income Tax Expense	1,046	2,900	-	-	-
Net Income	780.51	3,975	1,928	1,747	474.69
Net Income to Common	780.51	3,975	1,928	1,747	474.69
Net Income Growth	-80.37%	106.17%	10.40%	267.95%	300.27%
Basic Shares Outstanding	3,450	3,450	3,450	2,300	1,795
Diluted Shares Outstanding	3,450	3,450	3,450	2,300	1,795
Shares Change (YoY)	-	-	50.00%	28.17%	80.10%
EPS (Basic)	0.23	1.15	0.56	0.76	0.26
EPS (Diluted)	0.23	1.15	0.56	0.76	0.26
EPS Growth	-80.37%	106.17%	-26.40%	187.08%	122.24%
Operating Margin	31.69%	-5.69%	-16.96%	3.99%	0.75%
Profit Margin	45.99%	54.44%	138.37%	27.99%	518.24%
EBITDA	541.63	-412.01	-234.52	252.04	1.23
EBITDA Margin	31.91%	-5.64%	-16.83%	4.04%	1.34%
D&A For Ebitda	3.84	3.3	1.77	2.97	0.54
EBIT	537.79	-415.31	-236.3	249.07	0.69
EBIT Margin	31.69%	-5.69%	-16.96%	3.99%	0.75%
Effective Tax Rate	57.28%	42.18%	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.