IST:VRGYO 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Other Revenue	359.51	254.08	-	-
Total Revenue	359.51	254.08	-	-
Property Expenses	265.67	215.24	-	-
Selling, General & Administrative	36.7	29.2	12.54	7.25
Other Operating Expenses	2.75	0.71	0.09	4.24
Total Operating Expenses	305.12	245.15	12.64	11.49
Operating Income	54.4	8.94	-12.64	-11.49
Interest Expense	-29.62	-4.13	-1.55	-
Interest & Investment Income	20.27	188.43	226.23	103.01
Currency Exchange Gain (Loss)	-	-	-	-0.14
Other Non-Operating Income	21.54	-165.4	239.3	72.01
EBT Excluding Unusual Items	66.59	27.83	451.34	163.39
Gain (Loss) on Sale of Investments	-8.41	-31.3	-12.52	-1.66
Total Legal Settlements	-0.08	-0.08	-0.54	-0.33
Pretax Income	58.09	-3.56	438.28	161.4
Income Tax Expense	660.33	421.01	-393.69	26.17
Net Income	-602.24	-424.58	831.97	135.23
Net Income to Common	-602.24	-424.58	831.97	135.23
Net Income Growth	-	-	515.22%	-
Basic Shares Outstanding	820	820	820	600
Diluted Shares Outstanding	820	820	820	600
Shares Change (YoY)	0.06%	-	36.67%	-
EPS (Basic)	-0.73	-0.52	1.01	0.23
EPS (Diluted)	-0.73	-0.52	1.01	0.23
EPS Growth	-	-	350.16%	-
Operating Margin	15.13%	3.52%	-	-
Profit Margin	-167.51%	-167.10%	-	-
EBITDA	56.08	10.19	-10.87	-10.1
EBITDA Margin	15.60%	4.01%	-	-
D&A For Ebitda	1.68	1.25	1.76	1.38
EBIT	54.4	8.94	-12.64	-11.49
EBIT Margin	15.13%	3.52%	-	-
Effective Tax Rate	1136.65%	-	-	16.21%

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