Alan's questions to D Market Elektronik Hizmetler ve Ticaret AS (HEPS) leadership • Q3 2024
Question
Alan from Unknown Organization inquired about Hepsiburada's ability to improve EBITDA, considering the significant increase in interest rates and credit card costs in Turkey.
Answer
CFO Seckin Koseoglu acknowledged the impact of higher interest rates but highlighted consistent quarter-over-quarter EBITDA improvement. He expressed confidence that as interest rates gradually decrease with inflation, the company will achieve positive EBITDA minus credit card costs in the next year.