Research analysts who have asked questions during D-MARKET Electronic Services & Trading earnings calls.
BS
Badar Shamim
Generation PMCA Corporation
2 questions for HEPS
James Hayes
Lucerna Global Capital
2 questions for HEPS
MN
Maksim Nekrasov
Citigroup
2 questions for HEPS
SX
Sinan Xin
Amber Road Investors
2 questions for HEPS
CO
Cetin Ozarlak
Bank of America
1 question for HEPS
EM
Ece Mandaci
Unlu & Co
1 question for HEPS
F
Fredrik
Felisecurities Securities
1 question for HEPS
Also covers: KNOP
HK
Hanzade Kilickiran
JPMorgan Chase & Co.
1 question for HEPS
NK
Nikita Kopyrin
Goldman Sachs Group, Inc.
1 question for HEPS
S
Sinan
Unidentified Organization
1 question for HEPS
SC
Sinan Cinar
Morgan Stanley
1 question for HEPS
Recent press releases and 8-K filings for HEPS.
Hepsiburada Announces Completion of Capital Increase
HEPS
- D-MARKET Electronic Services & Trading (Hepsiburada) announced the completion of a capital increase approved at an Extraordinary General Assembly of Shareholders meeting held on November 17, 2025.
- The Company received an aggregate amount of TRY 4,171,960,010.85 from this capital increase.
- Of the total amount, TRY 7,168,458.80 was allocated to the nominal value of newly issued shares, and TRY 4,164,791,552.05 was allocated to share premium.
- The capital increase was registered with the Istanbul Trade Registry and announced on December 23, 2025.
- Following the completion, Hepsiburada's registered nominal share capital has increased to TRY 72,368,116.80.
Dec 29, 2025, 1:41 PM
Hepsiburada Announces Q3 2025 Financial Results
HEPS
Earnings
Financial Restatement
New Projects/Investments
- Hepsiburada reported a 22.1% increase in revenue to TRY 19,919.8 million and an 8.9% increase in Gross Merchandise Value (GMV) to TRY 61.4 billion for Q3 2025 compared to Q3 2024.
- The company's EBITDA significantly decreased by 74.3% to TRY 173.8 million in Q3 2025, with EBITDA as a percentage of GMV falling to 0.3%.
- Net loss for the period widened to TRY 1,324.8 million in Q3 2025, compared to a net loss of TRY 409.7 million in Q3 2024, primarily due to investments in new growth projects, advertising initiatives, and increased net financial expenses.
- Despite the net loss, Hepsiburada generated strong free cash flow, which increased to TRY 2,584.3 million in Q3 2025 from TRY 2,104.7 million in Q3 2024.
- All financial figures are restated pursuant to International Accounting Standard 29 (IAS 29) due to Turkey's hyperinflationary economy.
Nov 5, 2025, 1:00 PM
Quarterly earnings call transcripts for D-MARKET Electronic Services & Trading.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more