IST:ZERGY 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Rental Revenue	1,139	2,433	-
Total Revenue	1,139	2,433	-
Property Expenses	986.53	2,372	-
Selling, General & Administrative	47.73	25.66	2.01
Other Operating Expenses	-5.21	0.5	0.14
Total Operating Expenses	1,029	2,398	2.14
Operating Income	110.26	35.39	-2.14
Interest & Investment Income	6.1	2.33	2.23
Currency Exchange Gain (Loss)	-2.02	-2.71	0.35
Other Non-Operating Income	53.52	-302.71	182.3
EBT Excluding Unusual Items	167.77	-267.69	182.73
Pretax Income	167.77	-267.69	182.73
Income Tax Expense	161.38	33	48.29
Net Income	6.39	-300.7	134.45
Net Income to Common	6.39	-300.7	134.45
Basic Shares Outstanding	510	510	250
Diluted Shares Outstanding	510	510	250
Shares Change (YoY)	-	104.00%	-
EPS (Basic)	0.01	-0.59	0.54
EPS (Diluted)	0.01	-0.59	0.54
Operating Margin	9.68%	1.45%	-
Profit Margin	0.56%	-12.36%	-
EBIT	110.26	35.39	-2.14
EBIT Margin	9.68%	1.45%	-
Effective Tax Rate	96.19%	-	26.42%

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