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	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Other Revenue	393.5	254.08	-	-
Total Revenue	393.5	254.08	-	-
Property Expenses	287.1	215.24	-	-
Selling, General & Administrative	24.32	29.2	12.54	7.25
Other Operating Expenses	3.43	0.71	0.09	4.24
Total Operating Expenses	314.85	245.15	12.64	11.49
Operating Income	78.64	8.94	-12.64	-11.49
Interest Expense	-63.6	-4.13	-1.55	-
Interest & Investment Income	-12.87	188.43	226.23	103.01
Currency Exchange Gain (Loss)	-	-	-	-0.14
Other Non-Operating Income	492.04	-165.4	239.3	72.01
EBT Excluding Unusual Items	494.22	27.83	451.34	163.39
Gain (Loss) on Sale of Investments	7.96	-31.3	-12.52	-1.66
Total Legal Settlements	-0.09	-0.08	-0.54	-0.33
Pretax Income	502.09	-3.56	438.28	161.4
Income Tax Expense	894.37	421.01	-393.69	26.17
Net Income	-392.28	-424.58	831.97	135.23
Net Income to Common	-392.28	-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)	-	-	36.67%	-
EPS (Basic)	-0.48	-0.52	1.01	0.23
EPS (Diluted)	-0.48	-0.52	1.01	0.23
EPS Growth	-	-	350.16%	-
Operating Margin	19.99%	3.52%	-	-
Profit Margin	-99.69%	-167.10%	-	-
EBITDA	79.95	10.19	-10.87	-10.1
EBITDA Margin	20.32%	4.01%	-	-
D&A For Ebitda	1.31	1.25	1.76	1.38
EBIT	78.64	8.94	-12.64	-11.49
EBIT Margin	19.99%	3.52%	-	-
Effective Tax Rate	178.13%	-	-	16.21%

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