Akis Gayrimenkul Yatirim Ortakligi A.s. · BIST:AKSGY
Akis Gayrimenkul Yatirim Ortakligi A.s — Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. — Q1 2023 Earnings Presentation
11 slides from Akis Gayrimenkul Yatirim Ortakligi A.s's earnings presentation, May 2023
Slide 1: Akiş REIT 1Q23 Performance Presentation – May 2023
Akiş REIT 1Q23 Performance Presentation – May 2023 Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. Akiş Real Estate Investment Trust 1
Slide 2: Portfolio Performance; Financials' Overview
Akiş REIT 1Q23 Performance Presentation – May 2023 1 Portfolio Performance 2 Financials’ Overview Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. Akiş Real Estate Investment Trust 2
Slide 3: Portfolio Performance (Akasya Shopping Mall)
Akiş REIT 1Q23 Performance Presentation – May 2023 1 Portfolio Performance (Akasya Shopping Mall) Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. Akiş Real Estate Investment Trust 3
Slide 4: Akasya General Overview
Akiş REIT 1Q23 Performance Presentation – May 2023 Akasya Shopping Mall – General Overview** Higher store turnover due to high inflation Akasya Shopping Mall’s Turnover per sqm* (YoY) Akasya Shopping Mall’s Revenue Breakdown both increases turnover rents nominally and creates additional income as tu
Slide 5: Akasya Financials
Akiş REIT 1Q23 Performance Presentation – May 2023 Akasya Shopping Mall – Financials Income Akasya Shopping Mall (TLmn) 2018 2019 2020 2021 2022 1Q22 1Q23 YoY Revenue 249,6 270,6 169,2 248,0 540,7 95,3 187,7 97% EBITDA 201,9 218,2 122,0 196,7 429,0 76,8 149,3 94% ✓ Strong performance in Akasya Mall
Slide 6: Portfolio Performance (Akbatı Shopping Mall)
Akiş REIT 1Q23 Performance Presentation – May 2023 1 Portfolio Performance (Akbatı Shopping Mall) Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. Akiş Real Estate Investment Trust 6
Slide 7: Akbatı General Overview
Akiş REIT 1Q23 Performance Presentation – May 2023 Akbatı Shopping Mall – General Overview** Although Akbatı Shopping Mall's revenues Akbatı Shopping Mall’s Turnover per sqm* (YoY) Akbatı Shopping Mall’s Revenue Breakdown based on turnover share are higher than Akasya, factors such as increased stor
Slide 8: Akbatı Financials
Akiş REIT 1Q23 Performance Presentation – May 2023 Akbatı Shopping Mall – Financials Income Akbatı Shopping Mall (TLmn) 2018 2019 2020 2021 2022 1Q22 1Q23 YoY Revenue 106,1 117,7 85,2 126,7 252,1 44,8 89,7 100% EBITDA 81,3 89,2 58,9 96,0 191,1 34,3 63,4 85% ✓ Strong performance in Akasya Mall was du
Slide 9: Financials' Overview (TLmn)
Akiş REIT 1Q23 Performance Presentation – May 2023 2 Financials’ Overview (TLmn) ✓ Revenues increased by +96% and EBITDA by +83%, based on increasing store turnover and rental income in parallel with increasing occupancy rates and high inflation. ✓ Net profit for the first quarter of 2023 turned pos
Slide 10: Financials' Overview
Akiş REIT 1Q23 Performance Presentation – May 2023 2 Financials’ Overview ✓ Our net debt level is at the level of US$152.9mn as of the end of March 2023, and our average gross financial debt maturity is 1.9 years. ✓ Taking into account the derivatives used for hedge purposes, our FX short position r
Slide 11: Communication
Akiş REIT 1Q23 Performance Presentation – May 2023 Communication Sercan Uzun, CFA, CAIA Manager Strategy, Investments and Sustainability E-mail: sercan.uzun@akisgyo.com Telephone: +902123930100/53544 Sena Atay Assistant Manager Investor Relations and Strategy E-mail: sena.atay@akisgyo.com Telephone:
Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. — Q1 2023 Earnings Presentation on 6ix