Vera Konsept Gayrimenkul Yatirim Ortakligi A.S.

Vera Konsept Gayrimenkul Yatirim Ortakligi A.S.

BBIST:VRGYO
1.03
TRY
-0.03
(-2.83%)
-0.87EPS
1.71BMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
0.41
0.21
0.11
Basic EPS, GAAP
- -
0.05
0.16
1.01
-0.68
-0.53
-0.87
Free Cash Flow per Basic Share
-0.01
-0.02
-0.01
-1.06
-0.82
-0.14
4.02
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.02
0.1
2.6
6.35
6.49
5.96
6.58
Tangible Book Value per Share
0.02
0.1
2.6
6.35
6.49
5.96
6.58
Basic Weighted Avg Shares
822
822
822
820
820
820
823
Sales/Revenue/Turnover
3
- -
- -
- -
333
176
88
Operating Margin (%)
-49.92
-1,883.59
- -
- -
3.5
31.67
3.74
Depreciation Expense
- -
- -
1
2
2
2
1
Net Income, GAAP
-1
39
135
832
-556
-431
-715
Effective Tax Rate (%)
- -
10.82
16.21
- -
- -
- -
- -
Profit Margin (%)
-31.24
10,168.78
- -
- -
-167.1
-245.57
-816.27
Working Capital
31
36
248
1,740
6,371
5,814
2,478
LT Debt
- -
- -
- -
- -
- -
- -
595
Total Equity
17
79
2,131
5,210
5,320
4,889
5,393
Return on Invested Capital (%)
- -
-13.36
-0.51
- -
- -
- -
- -
Return on Capital (%)
- -
81.08
12.66
- -
- -
- -
- -
Return on Common Equity (%)
- -
80.86
12.24
22.67
-10.55
-8.45
-14.21

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
320
224
581
LT Borrowings
- -
- -
297
LT Finance Leases
- -
306
298
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
820
820
820
Market Capitalization
1,968
1,779
1,706

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
7,150
3,171
3,767
Cash, Cash Equivalents & STI
8
106
6
Accounts Receivable, Net
127
18
495
Inventories
4,730
522
559
Total Current Liabilities
1,336
1,054
1,288
Payables & Accruals
- -
- -
- -
ST Debt
320
224
581
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
619.58%
-8.11%
Free Cash Flow
- -
1,691.39%
-82.86%
Net Income, GAAP
- -
-746.83%
-22.39%
Sales/Revenue/Turnover
- -
- -
-47.19%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
254
333
2025
19
118
26
36
176
2026
9
16
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.05
0.17
-0.12
-0.5
-0.68
2025
- -
-0.12
0.11
-0.54
-0.53
2026
-0.6
0.15
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Bilgin Koluaçik
Full Time Employees
4
Sector
Finance
Industry
Real estate development
Address
Ankara Turkey
IPO Date
Oct 27, 2023
Business
Vera Konsept Gayrimenkul Yatirim Ortakligi A.S. is a Turkey-based real estate investment trust engaged in property development, real estate portfolio management, and commercial asset investment. The company specializes in the development, construction, leasing, and sale of large-scale residential, commercial, and mixed-use properties across Turkey. Its core operations and offerings comprise multifamily residential housing developments, including modern apartment complexes and master-planned residential communities; commercial retail properties, including shopping centers, retail storefronts, and lifestyle facilities; mixed-use commercial and residential developments that combine residential units, retail spaces, and social infrastructure; land acquisition, site planning, and zoning development; architectural design coordination and project management; real estate valuation and asset management; as well as commercial property leasing, tenant coordination, and property maintenance services. The company's prominent asset developments include the Konsept Vera mixed-use residential and shopping mall complex in Elazığ and the Felix Mogan commercial project in the Gölbaşı district of Ankara. Founded in 2018 under the initial name Vera Grup Mühendislik A.Ş. and affiliated with Fırat Holding, the company is headquartered in Ankara, Turkey. In 2023, the company obtained regulatory approval to convert into a real estate investment trust and completed its initial public offering on Borsa Istanbul in October 2023 under the ticker VRGYO. In September 2026, the company underwent a significant corporate governance restructuring after the Savings Deposit Insurance Fund of Turkey assumed statutory trustee management authority, resulting in the appointment of a new Board of Directors to supervise ongoing commercial operations, ensure regulatory compliance, and execute the company's real estate development portfolio.