IST:MHRGY 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	289.22	238.96	198.82	112.75	37.9	30.53
Total Revenue	289.22	238.96	198.82	112.75	37.9	30.53
Revenue Growth (YoY	7.87%	20.18%	76.34%	197.46%	24.14%	-
Property Expenses	29.15	20.75	12.78	13.02	3.31	4.2
Selling, General & Administrative	133.11	65.19	48.23	8.3	4.58	16.61
Other Operating Expenses	-0.73	1.47	3.17	10.48	-1.21	-12.93
Total Operating Expenses	161.54	87.42	64.18	31.8	6.68	7.88
Operating Income	127.68	151.54	134.65	80.95	31.23	22.65
Interest Expense	0	-	-0.02	-0.02	-16.35	-36.49
Interest & Investment Income	834.08	916.57	222.15	500.81	418.39	49.49
Currency Exchange Gain (Loss)	-1.33	-	-	-1.75	-19.75	-79.69
Other Non-Operating Income	-180.73	-569.68	-169.67	-51.12	-	-
EBT Excluding Unusual Items	779.7	498.44	187.11	528.86	413.51	-44.04
Gain (Loss) on Sale of Investments	-4.88	-	-142.02	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-0.01	0
Pretax Income	774.82	498.44	45.1	528.86	413.5	-44.04
Income Tax Expense	847.33	408.78	-	-505.53	85.09	11.54
Net Income	-72.51	89.65	45.1	1,034	328.41	-55.59
Net Income to Common	-72.51	89.65	45.1	1,034	328.41	-55.59
Net Income Growth	-	98.79%	-95.64%	214.97%	-	-
Basic Shares Outstanding	1,188	1,210	993	930	708	61
Diluted Shares Outstanding	1,188	1,210	993	930	708	61
Shares Change (YoY)	-2.20%	21.80%	6.81%	31.27%	1066.21%	-
EPS (Basic)	-0.06	0.07	0.05	1.11	0.46	-0.91
EPS (Diluted)	-0.06	0.07	0.05	1.11	0.46	-0.91
EPS Growth	-	63.22%	-95.92%	139.95%	-	-
Dividend Per Share	0.033	0.033	-	-	-	-
Operating Margin	44.15%	63.42%	67.72%	71.80%	82.38%	74.19%
Profit Margin	-25.07%	37.52%	22.68%	917.44%	866.41%	-182.04%
EBITDA	135.26	155.05	136.81	81.82	31.36	23
EBITDA Margin	46.77%	64.89%	68.81%	72.57%	82.73%	75.31%
D&A For Ebitda	7.58	3.51	2.17	0.87	0.13	0.34
EBIT	127.68	151.54	134.65	80.95	31.23	22.65
EBIT Margin	44.15%	63.42%	67.72%	71.80%	82.38%	74.19%
Effective Tax Rate	109.36%	82.01%	-	-	20.58%	-

Source: S&P Capital IQ. Real Estate template. Financial Sources.