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

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.

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.

ISTANBUL , July 4, 2024 /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"), announces the fifteen months results of the "Trade and Technology Empowerment for the Earthquake Region" program (the "Program") for the period from March 6, 2023 to May 31, 2024. Since the Program's launch in March 2023: The total number of active merchants operating in the earthquake region has reached over 8,200, with around 3,800 new businesses selling their products online through Hepsiburada.

Through the "Trade and Technology Empowerment for the Earthquake Region" program, Hepsiburada Contributed to a TRY 5,2 Billion Trade Volume in the Region in a Fifteen Month Period ended May 31, 2024

ISTANBUL , July 2, 2024 /PRNewswire/ -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ: HEPS), a leading Turkish e-commerce platform, is advancing its logistics services with sustainable practices and innovative delivery methods. Hepsiburada's last-mile delivery service, HepsiJet has launched cargo distribution in select regions of Türkiye with 21 electric vans.

Hepsiburada's HepsiJet Introduces Electric Vehicles to Enhance Sustainable Last-Mile Delivery Services

HEPS reported strong Q1 results, highlighted by 45% revenue growth. The company is making progress toward sustainable profitability and positive free cash flow. We remain bullish on the stock.

Hepsiburada Stock: Blistering Growth And Good Value To Start Fiscal 2024

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS ) Q1 2024 Earnings Conference Call June 13, 2024 9:00 AM ET Company Participants Helin Celikbilek - Investor Relations Director Nilhan Onal Gokcetekin - Chief Executive Officer Seckin Koseoglu - Chief Financial Officer Conference Call Participants Muharrem Gulsever - Kona Capital Advisors Operator Ladies and gentlemen, thank you for standing by.

D-Market Elektronik Hizmetler ve Ticaret A.S. (HEPS) Q1 2024 Earnings Call Transcript

ISTANBUL, Türkiye, June 13, 2024 (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 first quarter ended March 31, 2024.

Hepsiburada Announces First Quarter 2024 Financial Results

ISTANBUL , June 12, 2024 /PRNewswire/ -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ: HEPS), a leading Turkish e-commerce platform, announced the successful issuance of its first asset-backed security (ABS) amounting to 150 million TRY. This issuance is part of the 2 billion TRY limit approved by the Capital Markets Board to PASHA Yatırım Bank Hepsiburada Asset Finance Fund.

Hepsiburada's Asset-Backed Security Issuance Oversubscribed Amid Strong Investor Demand

ISTANBUL, Türkiye, May 30, 2024 (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, 2024 before the U.S. market opens on Thursday, June 13, 2024.

Hepsiburada to Announce First Quarter 2024 Results on June 13, 2024

Braze

Ouster, Inc

Red Cat Holdings

Sky Harbour Group Corp

XPeng

The Nasdaq declined over 2% on Tuesday, and if the momentum keeps going, we could see the tech index below 15,000 points. This turbulence makes investors wonder if the bear has awaked from its slumber, but there still are hypergrowth stocks to buy out there.

7 Hypergrowth Stocks to Buy Before They Take Off This Year

ISTANBUL , April 30, 2024 /PRNewswire/ -- 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, 2023 with the Securities and Exchange Commission (the "SEC") on April 30, 2024. 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 2023 Annual Report on Form 20-F

Hepsiburada's shares have declined significantly but show potential for recovery and profitability. Hepsiburada is Turkey's leading e-commerce platform with a wide range of products and a large customer base. I believe the company's growth prospects and competitive strengths outweigh Turkey's inflation crisis.

Hepsiburada: Profits In Sight

FTAI Aviation Ltd

Gambling.com Group

Li Auto Inc.

MercadoLibre

Opthea

AiHuiShou International Co Ltd

As investors, we all aim to outperform the market. But beating the S&P 500 is a difficult task for most of us.

7 Growth Stocks to Buy to Outperform the Nasdaq Index

D-Market Elektronik Hizmetler ve Ticaret A.S. (HEPS) Q4 2023 Earnings Call Transcript

ISTANBUL, Türkiye, March 25, 2024 (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, 2023.

Hepsiburada Announces Fourth Quarter and Full Year 2023 Financial Results

ISTANBUL, Türkiye, March 13, 2024 (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, 2023 before the U.S. market opens on Monday, March 25, 2024.

Hepsiburada to Announce Fourth Quarter and Full Year 2023 Results on March 25, 2024

ISTANBUL , Feb. 27, 2024 /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 the appointment of Hakan Karadoğan to the role of Chief Executive Officer of Logistics, effective from March 25, 2024. Mr. Karadoğan will lead Hepsiburada's overall logistics operations, including warehousing, fulfillment, and last-mile delivery services for both on-platform and off-platform customers.

Hepsiburada Announces a Change within the Executive Management Team

ISTANBUL, Türkiye, Feb. 06, 2024 (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”), on the first year anniversary of the 7.8 magnitude earthquake that struck eleven cities in the southeast Türkiye on February 6, 2023, today announces the eleven months' results of its “Trade and Technology Empowerment for the Earthquake Region” program (the “Program”) for the period from March 6, 2023 to February 1, 2024.

Through the “Trade and Technology Empowerment for the Earthquake Region” Program, Hepsiburada Contributed to a TRY 3.5 Billion Trade Volume in the Region During the First Year After the Earthquake

ISTANBUL, Türkiye, Jan. 24, 2024 (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 announced a change to the composition of its Board of Directors.

Hepsiburada Announces Changes to its Board of Directors

Ammo

Talkspace

After a year of significant volatility, 2024 is shaping up to be promising for penny stocks. While the Nasdaq saw a small cooldown recently alongside other cyclical assets as investors took profits, I believe the stock market will rebound in the coming weeks and reach new highs.

3 Millionaire-Maker Penny Stocks Set to Surge by 1,000%

ISTANBUL, Türkiye, Jan. 03, 2024 (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 announced that M. Seçkin Köseoğlu has officially taken on the role of the Company's Chief Financial Officer (“CFO”), effective January 1, 2024. As previously announced on August 18, 2023, former CFO, Mr. Öz, will continue to hold his current board member positions in certain subsidiaries of the Company.

Hepsiburada's New CFO M. Seçkin Köseoğlu Takes Office Effective January 1, 2024

High Tide

Zymeworks Inc

As investors, small-cap stocks offer us the possibility of monumental returns. If you play your cards right, small-caps can deliver gains most blue chips could never match.

Small-Cap Sensations: 3 Stocks Predicted for Massive Growth in 2024

Hepsiburada reported its Q3 earnings highlighted by solid growth and firming margins with positive guidance from management. The Turkish e-commerce leader is benefiting from an ongoing digitization of the economy, with customers purchasing on the platform with increasing frequency. Recognizing the risks of this small-cap emerging market stock, we are bullish and see significant upside potential for the stock going forward.

Hepsiburada Stock: 'Profitable Growth' Can Lift Turkish E-Commerce Leader In 2024

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS ) Q3 2023 Earnings Conference Call December 5, 2023 8:00 AM ET Company Participants Helin Celikbilek - Investor Relations Director Nilhan Onal Gökçetekin - Chief Executive Officer Seçkin Köseoglu - Vice President of Strategic Finance Conference Call Participants Kilickiran Hanzade - JPMorgan Operator Ladies and gentlemen, thank you for standing by.

D-Market Elektronik Hizmetler ve Ticaret A.S. (HEPS) Q3 2023 Earnings Call Transcript

ISTANBUL, Türkiye, Dec. 05, 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 third quarter ended September 30, 2023.

Hepsiburada Announces Third Quarter 2023 Financial Results

Ocuphire Pharma

Power Solutions

After a rocky couple of years, there finally seems to be some light at the end of the tunnel for growth stocks. Interest rates have stabilized, and the economy is again showing signs of strength.

Buy Alert: Analysts Say These 3 Growth Stocks Could Double in 2024

Hepsiburada's Subscription Service Offers Outstanding Value to Customers While Driving Retention and Efficiency for the Company ISTANBUL , Nov. 30, 2023 /PRNewswire/ -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ: HEPS), a leading Turkish e-commerce platform, today announces that the number of subscribers to Hepsiburada Premium, the platform's paid subscription service, has reached 2 million. Outstanding Customer Value Hepsiburada Premium is priced at TRY19.90 (around US$0.75) per month.

News for D-MARKET Electronic Services Stock (HEPS)