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.

DMARKET Electronic Services & Trading (HEPS) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Fast-paced Momentum Stock DMARKET Electronic Services & Trading (HEPS) Is Still Trading at a Bargain

ISTANBUL, Nov. 06, 2024 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a “Hepsiburada”) (NASDAQ: HEPS), a leading Turkish e-commerce platform, today announced the second bond issuance of its indirect wholly owned subsidiary, Hepsi Finansman A.Ş. (“Hepsifinans”), at a nominal value of TRY 150 million.

Hepsiburada Announces the Second Bond Issuance of Hepsifinans

Here is how D-MARKET Electronic Services & Trading Unsponsored ADR (HEPS) and Amazon (AMZN) have performed compared to their sector so far this year.

Is DMARKET Electronic Services & Trading (HEPS) Stock Outpacing Its Retail-Wholesale Peers This Year?

Jumia

Partnership with Leading Turkish E-commerce Technology Platform to Expand Product Access for North African Consumers CAIRO, EGYPT / ACCESSWIRE / October 30, 2024 / Jumia (NYSE:JMIA) and D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ:HEPS), today announced that the companies have entered into a commercial partnership whereby Hepsiburada will list its private label products and a portion of its retail assortment, together with a selection of other curated Turkish brands, on Jumia. Headquartered in Istanbul, Hepsiburada is a leading e-commerce technology platform in Türkiye.

Hepsiburada and Jumia Join Forces to Unlock Broader Product Selection for North African Consumers

Kaspi's acquisition of Hepsiburada aims to expand its market presence beyond Kazakhstan, targeting Turkey's growing eCommerce sector despite competition and valuation challenges. Hepsiburada's innovative culture aligns with Kaspi's, offering BNPL loans, payment services, and logistics, and boasts high customer satisfaction with an NPS of 75. Turkish market risks include Chinese competition and fluctuating inflation, complicating Hepsiburada's valuation, but Kaspi's strategic move could yield significant long-term growth.

Hepsiburada Changes Everything For Kaspi

Does D-MARKET Electronic Services & Trading Unsponsored ADR (HEPS) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why D-MARKET Electronic Services & Trading Unsponsored ADR (HEPS) is a Great Choice

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

Why Fast-paced Mover DMARKET Electronic Services & Trading (HEPS) Is a Great Choice for Value Investors

Here is how D-MARKET Electronic Services & Trading Unsponsored ADR (HEPS) and Alibaba (BABA) have performed compared to their sector so far this year.

Is DMARKET Electronic Services & Trading (HEPS) Outperforming Other Retail-Wholesale Stocks This Year?

ISTANBUL, Oct. 18, 2024 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a “Hepsiburada”) (NASDAQ: HEPS), refers to the Form 6-K filed by Joint Stock Company Kaspi.kz, a joint stock company incorporated under the laws of Kazakhstan (the “Buyer”) on October 18, 2024 (the “Form 6-K”) regarding the entry on October 17, 2024 (the “Signing Date”) by the Buyer into a Stock Purchase Agreement (the “Agreement”) with the selling stockholders of Hepsiburada identified therein, being Hanzade Vasfiye Doğan Boyner, Hepsiburada's founder, Vuslat Doğan Sabancı, Yaşar Begümhan Doğan Faralyalı, Arzuhan Doğan Yalçındağ and Işıl Doğan (collectively, the “Sellers”). Pursuant to the terms of the Agreement, subject to, among other conditions, the receipt of certain regulatory approvals, the Buyer will purchase from the Sellers all of the outstanding Class A shares and Class B shares of the Company held by the Sellers as of the Signing Date.

Hepsiburada announces founder and other affiliates' entry into an agreement with Joint Stock Company Kaspi.kz to sell all their Class A shares and Class B shares

After losing some value lately, a hammer chart pattern has been formed for DMARKET Electronic Services & Trading (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.

Bears are Losing Control Over DMARKET Electronic Services & Trading (HEPS), Here's Why It's a 'Buy' Now

ISTANBUL, Oct. 10, 2024 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a “Hepsiburada”) (NASDAQ: HEPS), a leading Turkish e-commerce platform, today announced the first bond issuance of its indirect wholly-owned subsidiary, Hepsi Finansman A.Ş. (“Hepsifinans”), at a nominal value of TRY 250 million.

Hepsiburada Announces the First Bond Issuance of Hepsifinans

Here is how D-MARKET Electronic Services & Trading Unsponsored ADR (HEPS) and Kroger (KR) have performed compared to their sector so far this year.

Are Retail-Wholesale Stocks Lagging DMARKET Electronic Services & Trading (HEPS) This Year?

ISTANBUL, Sept. 30, 2024 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ: HEPS), a leading Turkish e-commerce platform, today announced the second issuance of asset-backed securities amounting to TRY 350 million.

Hepsiburada Announces the Second Issuance of Asset-backed Securities

DMARKET Electronic Services & Trading (HEPS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

DMARKET Electronic Services & Trading (HEPS) Upgraded to Buy: What Does It Mean for the Stock?

DMARKET Electronic Services & Trading (HEPS) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

DMARKET Electronic Services & Trading (HEPS) Could Find a Support Soon, Here's Why You Should Buy the Stock Now

The heavy selling pressure might have exhausted for DMARKET Electronic Services & Trading (HEPS) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Here's Why DMARKET Electronic Services & Trading (HEPS) is Poised for a Turnaround After Losing -17.78% in 4 Weeks

ISTANBUL, Sept. 26, 2024 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (NASDAQ: HEPS), (“Hepsiburada” or the “Company”), a leading Turkish e-commerce platform, today announced that the Board of Directors (recently appointed by the General Assembly of Shareholders of the Company on September 12, 2024), in accordance with the Turkish Commercial Code, has determined the composition of its Committees and assigned additional functions to its Risk Committee.

Hepsiburada Announces its Board Committees' Composition and Enhanced Risk Committee Function

ISTANBUL, Sept. 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”), announces the 18-month results of the “Trade and Technology Empowerment for the Earthquake Region” program (the “Program”) for the period from March 6, 2023 to September 6, 2024.

Hepsiburada Announces the 18-month Results of the “Trade and Technology Empowerment for the Earthquake Region” Program

ISTANBUL, Sept. 20, 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”), has published its 2023 Sustainability Report. Hepsiburada is the first e-commerce platform in Türkiye to sign the United Nations (“UN”) Global Compact.

Hepsiburada Releases 2023 Sustainability Report

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS ) Q2 2024 Earnings Conference Call September 11, 2024 9:00 AM ET Company Participants Helin Celikbilek - IR, Director Nilhan Gokcetekin - CEO Seckin Koseoglu - CFO Conference Call Participants Operator Ladies and gentlemen, thank you for standing by.

D-Market Elektronik Hizmetler ve Ticaret A.S. (HEPS) Q2 2024 Earnings Call Transcript

ISTANBUL, Sept. 11, 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 second quarter and the six months ended June 30, 2024.

Hepsiburada Announces Second Quarter 2024 Financial Results

ISTANBUL, Aug. 27, 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 second quarter ending June 30, 2024 before the U.S. market opens on Wednesday, September 11, 2024.

Hepsiburada to Announce Second Quarter 2024 Results on September 11, 2024

ISTANBUL, Aug. 09, 2024 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a “Hepsiburada”) (NASDAQ: HEPS) (the “Company”), a leading Turkish e-commerce platform, will hold its Ordinary General Assembly Meeting of Shareholders (the “General Assembly”) with respect to the financial year 2023, on Thursday, September 12, 2024 at 11:00 Istanbul time at the Company's headquarters at Kuştepe Mahallesi, Mecidiyeköy Yolu Caddesi, No:12 Trump Towers, Tower No:2 Şişli, İstanbul.

Hepsiburada Announces Ordinary General Assembly Meeting for Financial Year 2023

Warner Bros Discovery Inc

ISTANBUL , July 23, 2024 /PRNewswire/ -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ: HEPS), a leading Turkish e-commerce platform, has announced the partnership with Warner Bros. Discovery, extending the offering of a BluTV subscription, a Türkiye-based subscription video-on-demand service, as a privilege for Hepsiburada Premium members.

Hepsiburada Partners with Warner Bros. Discovery via BluTV Collaboration

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

News for D-MARKET Electronic Services Stock (HEPS)