D-MARKET Electronic Services

D-MARKET Elektronik Hizmetler Tic. A.S. is a holding company, which owns and operates an online shopping website. It offers computers, mobile phones, home appliances, sports goods, clothing products, cosmetics, jewelries, books, game consoles, and furniture. The company was founded by Hanzade Dogan Boyner in 1998 and is headquartered in Istanbul, Turkey.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

HEPS reports robust Q4 performance, eyes sustained growth amidst challenges

HEPS delivered strong financial performance in Q4 2022, with significant GMV growth, customer base expansion, and improvements in key financial metrics.
The company's focus on strategic priorities, profitability, and customer engagement through initiatives like Hepsi Premium positions it well for future growth.
While facing challenges from regulatory impacts and competitive dynamics, HEPS has opportunities to leverage its strengths and drive sustainable growth in the e-commerce sector.

Hepsiburada surpasses EBITDA expectations, eyes strong Q2 growth

Hepsiburada's Q1 2023 performance showcased strong financial results, exceeding key metrics and signaling a return to pre-earthquake levels. The company's focus on profitability and operational efficiency is driving positive EBITDA growth. With guidance for Q2 indicating robust GMV growth and positive EBITDA, Hepsiburada is poised for continued success.

Hepsiburada doubles GMV, eyes sustainable growth amid fintech expansion

Hepsiburada's Q2 2023 performance reflects strong growth, operational efficiency improvements, and strategic initiatives driving market traction and profitability.
The company's focus on customer-centric solutions, expansion of services, and commitment to innovation position it well for sustained growth and market leadership.
While facing challenges of scaling and competition, Hepsiburada's solid performance and strategic direction offer opportunities for continued success and value creation.

Hepsiburada excels in Q3 amidst inflation challenges, eyes growth opportunities

Hepsiburada demonstrated resilience and growth in Q3 despite economic challenges, driven by strong GMV and order numbers.
Strategic initiatives in loyalty, cost management, and partnerships are fueling sustainable growth and profitability.
Challenges include managing costs in a high inflation environment and meeting EBITDA targets amidst economic uncertainties.
Opportunities exist in expanding premium programs, fintech partnerships, and enhancing delivery services for continued success.

Hepsiburada's Q4 2023 Earnings Exceed Expectations, Eyes Growth Strategies

Hepsiburada's Q4 2023 performance showcased robust growth, strong customer engagement, and improved financial metrics. The company's strategic priorities for 2024 include sustainable growth, loyalty program expansion, and profitability margin enhancement. Despite challenges, Hepsiburada remains focused on optimizing operations and driving growth.

Hepsiburada surpasses Q1 targets, eyes expansion and regulatory challenges

Hepsiburada's Q1 2024 performance exceeded expectations, with strong growth in key metrics. While facing regulatory challenges, the company is exploring new opportunities for expansion and market share growth.

Hepsiburada doubles GMV, eyes 70% growth in Q3 earnings

Hepsiburada's Q2 2024 earnings call highlighted stellar performance metrics, strong strategic initiatives, and a positive outlook for sustained growth. The company's focus on customer loyalty, innovative services, and financial discipline positions it well for future success. While facing challenges in a competitive landscape, Hepsiburada remains agile in pursuing opportunities for expansion and profitability.

Hepsiburada achieves positive operating income post-IPO, eyes strong growth

Hepsiburada's Q3 performance reflects positive financial trends and strong customer growth.
While facing challenges like ownership transition and competition, the company is poised for growth.
Opportunities lie in strategic partnerships, customer-centric initiatives, and service expansion.
Overall, Hepsiburada's focus on financial sustainability and customer experience bodes well for future success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

D-MARKET Elektronik Hizmetler Tic. A.S. is a holding company, which engages in online shopping websites. It offers computers, mobile phones, home appliances, sports goods, clothing products, cosmetics, jewelries, books, game consoles, and furniture. The company was founded by Hanzade Dogan Boyner in 1998 and is headquartered in Istanbul, Turkey.

NEW YORK--(BUSINESS WIRE)--The following statement is being issued by Kaplan Fox & Kilsheimer LLP and Robbins Geller Rudman & Dowd LLP regarding the Hepsiburada Securities Litigation: UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK X   IWA-FOREST INDUSTRY PENSION PLAN, Individually and on Behalf of All Others Similarly Situated,   Plaintiff,   v.   D-MARKET ELEKTRONIK HIZMETLER VE TICARET ANONIM ŞIRKETI a/k/a D-MARKET ELECTRONIC SERVICES & TRADING d/b/a/ HEPSIBURADA, MEHM.

Kaplan Fox & Kilsheimer LLP and Robbins Geller Rudman & Dowd LLP Announce Proposed Settlement in the Hepsiburada Securities Litigation

ISTANBUL, Turkey, May 15, 2023 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a “Hepsiburada”) (NASDAQ: HEPS), a leading Turkish e-commerce platform, will report its unaudited financial results for the first quarter ending March 31, 2023 before the U.S. market opens on Thursday, May 25, 2023.

Hepsiburada to Announce First Quarter 2023 Results on May 25, 2023

Hepsiburada's subscription service offers outstanding value to customers while driving retention and efficiency for the company ISTANBUL , May 4, 2023 /PRNewswire/ -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ: HEPS), a leading Turkish e-commerce platform, today announces that Hepsiburada Premium, the platform's paid subscription service, has passed 1 million subscribers in less than a year after its launch in July 2022. Outstanding customer value Hepsiburada Premium is priced at 14.90TRY (around 0.75USD) per month.

Hepsiburada Premium hits 1m subscribers in less than a year since launch

ISTANBUL, Türkiye, May 01, 2023 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a “Hepsiburada”) (NASDAQ: HEPS), a leading Turkish e-commerce platform, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the Securities and Exchange Commission (the “SEC”) on May 1, 2023. The annual report on Form 20-F can be accessed under the SEC Filings section on Hepsiburada's investor relations website at https://investors.hepsiburada.com/en/financials/sec-filings as well as on the SEC's website at http://www.sec.gov.

Hepsiburada Files Its 2022 Annual Report on Form 20-F

D-MARKET Electronic Services & Trading Unsponsored ADR (HEPS) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

Here's Why D-MARKET Electronic Services & Trading Unsponsored ADR (HEPS) Could be Great Choice for a Bottom Fisher

ISTANBUL, Türkiye, April 11, 2023 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a “Hepsiburada”) (NASDAQ: HEPS), a leading Turkish e-commerce platform (referred to herein as “Hepsiburada” or the “Company”), announced today that on April 6, 2023 it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company has regained compliance with the minimum bid price requirement of US$1.00 per share under Nasdaq Listing Rule 5450(a)(1). For the 10 consecutive business days prior to the receipt of the said letter, the closing bid price of the Company's American depositary shares (“ADSs”), each representing one Class B ordinary share of the Company, had been trading at US$1.00 per ADS or greater. Nasdaq indicated within the letter that this matter is now closed.

Hepsiburada Regains Compliance with Nasdaq Minimum Bid Price Requirement

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, D-MARKET Electronic Services & Trading Unsponsored ADR (HEPS) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

D-MARKET Electronic Services & Trading Unsponsored ADR (HEPS) Is Attractively Priced Despite Fast-paced Momentum

ISTANBUL, Turkey, March 24, 2023 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a “Hepsiburada”) (NASDAQ: HEPS), a leading Turkish e-commerce platform (referred to herein as “Hepsiburada” or the “Company”), announces that on March 22, 2023 it received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the bid price for the Company's American depositary shares (“ADSs”), each representing one Class B ordinary share of the Company, had closed below the minimum bid price requirement (“Minimum Bid Requirement”) of US$1.00 per share under the Nasdaq Listing Rules (the “Listing Rules”). Based on the closing bid price of the Company's ADSs for the last 30 consecutive business days, the Company has failed to meet the Minimum Bid Requirement for continued listing on the Nasdaq Global Select Market set forth in Listing Rule 5450(a)(1) during that period. The Notice is only a notification that the Company is not in compliance with the Minimum Bid Requirement, it is not a notice of imminent delisting, and it has no immediate effect on the listing or trading of the Company's ADSs on the Nasdaq Global Select Market.

Hepsiburada Receives Nasdaq Notification Regarding Minimum Bid Price Requirement

D-MARKET Electronic Services & Trading Unsponsored ADR (HEPS) Shows Fast-paced Momentum But Is Still a Bargain Stock

Turkey's only listed e-commerce platform Hepsiburada will prioritise profitability over rapid growth and step up efforts to retain customers who are being hit by soaring inflation.

Turkey's Hepsiburada to prioritise profitability, customer retention -CEO

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS ) Q4 2022 Earnings Conference Call March 22, 2023 9:00 AM ET Company Participants Helin Celikbilek - Investor Relations Director Nilhan Onal Gökçetekin - CEO Korhan Öz - CFO Conference Call Participants Hanzade Kilickiran - JPMorgan Operator Ladies and gentlemen, thank you for standing by.

D-Market Elektronik Hizmetler ve Ticaret A.S. (HEPS) Q4 2022 Earnings Call Transcript

ISTANBUL, Türkiye, March 22, 2023 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada”) (NASDAQ: HEPS), a leading Turkish e-commerce platform (referred to herein as “Hepsiburada” or the “Company”), today announces its unaudited financial results for the fourth quarter and full year ended December 31, 2022.

Hepsiburada Announces Fourth Quarter and Full Year 2022 Financial Results

ISTANBUL, Türkiye, March 08, 2023 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada”) (NASDAQ: HEPS), a leading Turkish e-commerce platform, will report its unaudited financial results for the fourth quarter and full year ending December 31, 2022 before the U.S. market opens on Wednesday, March 22, 2023.

Hepsiburada to Announce Fourth Quarter and Full Year 2022 Results on March 22, 2023

D-MARKET Electronic Services & Trading Unsponsored ADR (HEPS) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Down -26.01% in 4 Weeks, Here's Why D-MARKET Electronic Services & Trading Unsponsored ADR (HEPS) Looks Ripe for a Turnaround

Here Is Why Bargain Hunters Would Love Fast-paced Mover D-MARKET Electronic Services & Trading Unsponsored ADR (HEPS)

ISTANBUL, Turkey, Jan. 04, 2023 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada”) (NASDAQ: HEPS), a leading Turkish e-commerce platform (referred to herein as “Hepsiburada” or the “Company”), today announces certain changes to its Board of Directors and its executive management team.

Hepsiburada Announces Changes to Its Board of Directors and Executive Management Team

ISTANBUL , Jan. 3, 2023 /PRNewswire/ -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ: HEPS), a leading Turkish e-commerce platform (referred to herein as "Hepsiburada" or the "Company"), today announced that Nilhan Onal Gökçetekin has officially begun her tenure as the Company's Chief Executive Officer (CEO) effective January 1, 2023. Nilhan Onal, a senior business leader with 25 years of experience in retail, FMCG, consumer electronics and consulting at Fortune 500 companies including Amazon and P&G, came to Hepsiburada from Amazon Europe, where she spent the last seven years focusing on business transformation and growth.

Nilhan Onal Gökçetekin begins her tenure as the new CEO of Hepsiburada

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS ) Q3 2022 Results Conference Call December 6, 2022 8:00 AM ET Company Participants Helin Celikbilek - Investor Relations Director Murat Emirdağ - Chief Executive Officer Korhan Öz - Chief Financial Officer Conference Call Participants Unal Cem - Goldman Sachs Operator Ladies and gentlemen, thank you for standing by.

D-Market Elektronik Hizmetler ve Ticaret A.S. (HEPS) Q3 2022 Earnings Call Transcript

ISTANBUL, Turkey, Dec. 06, 2022 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada”) (NASDAQ: HEPS), a leading Turkish e-commerce platform (referred to herein as “Hepsiburada” or the “Company”), today announces its unaudited financial results for the third quarter ended September 30, 2022.

Hepsiburada Announces Third Quarter 2022 Financial Results

ISTANBUL , Nov. 22, 2022 /PRNewswire/ -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ: HEPS), a leading Turkish e-commerce platform, announces that the next generation of its fintech solution, Hepsipay, reaches 10 million users. 10 million user onboards Hepsiburada's Hepsipay, which aims to expand the online shopping experience for users through easy, fast, safe, and budget-friendly payment options, has reached 10 million users as of November 2022.

Hepsiburada's renewed fintech solution Hepsipay hits another milestone with 10 million users

ISTANBUL, Turkey, Nov. 21, 2022 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada”) (NASDAQ: HEPS), a leading Turkish e-commerce platform, will report its unaudited financial results for the third quarter ending September 30, 2022 before the U.S. market opens on Tuesday, December 6, 2022.

Hepsiburada to Announce Third Quarter 2022 Results on December 6, 2022

Hepsiburada's troubles continue, and the company faces a delisting threat as the stock is trading below $1. The financials are worse than it looks, and the company continues burning cash.

Hepsiburada Faces A Delisting Threat

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS ) Q2 2022 Earnings Conference Call September 28, 2022 9:00 AM ET Company Participants Helin Celikbilek - Investor Relations Director Murat Emirdağ - Chief Executive Officer Korhan Öz - Chief Financial Officer Conference Call Participants Tiron Cesar - Bank of America Holbrook Luke - Morgan Stanley Kilickiran Hanzade - JPMorgan Operator Ladies and gentlemen, thank you for standing by.

D-Market Elektronik Hizmetler ve Ticaret A.S. (HEPS) Q2 2022 Earnings Call Transcript

ISTANBUL , Sept. 28, 2022 /PRNewswire/ -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ: HEPS), a leading Turkish e-commerce platform (referred to herein as "Hepsiburada" or the "Company"), today announces its unaudited financial results for the second quarter ended June 30, 2022.

Hepsiburada Announces Second Quarter 2022 Financial Results

After losing some value lately, a hammer chart pattern has been formed for DMARKET Electronic Services & Trading Unsponsored ADR (HEPS), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

News for D-MARKET Electronic Services Stock (HEPS)