D-Market Elektronik Hizmetler ve Ticaret A.S. (HEPS) — Financial statements
Income statement, balance sheet, and cash flow for D-Market Elektronik Hizmetler ve Ticaret A.S. — annual and quarterly history with growth and margin analysis.
| Metric (TRY Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 91,865↑61.0% | 57,047↑60.4% | 35,559↓7.0% | 38,229↑54.2% | 24,792 | |
| Cost of Revenue | 71,932↑101.7% | 35,658↑25.9% | 28,313↓5.4% | 29,921↑53.9% | 19,438 | |
| Gross Profit | 19,933↓6.8% | 21,389↑195.2% | 7,246↓12.8% | 8,308↑55.1% | 5,355 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00↓100.0% | 741↓20.1% | 927 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 127↓96.8% | 3,936↓18.0% | 4,799↑66.0% | 2,890 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 10,385↑327.8% | 2,428↓69.6% | 7,996↑0.1% | 7,992 | |
| SG&A Expenses | 22,691↑115.9% | 10,512↑65.2% | 6,364↓50.3% | 12,795↑17.6% | 10,882 | |
| Other Expenses | -555↓105.5% | 10,119↑1388.9% | 680↓76.5% | 2,895↑131.7% | 1,249 | |
| Operating Expenses | 22,136↑3.6% | 21,372↑168.1% | 7,971↓49.2% | 15,689↑29.3% | 12,131 | |
| Total Costs & Expenses | 94,068↑64.9% | 57,030↑57.2% | 36,283↓20.4% | 45,610↑44.5% | 31,569 | |
| Operating Results | ||||||
| Operating Income | -2,203↓13090.3% | 17↑102.3% | -725↑90.2% | -7,382↓8.9% | -6,777 | |
| Depreciation & Amortization | 3,442↑68.0% | 2,048↑74.4% | 1,174↓3.7% | 1,220↑91.5% | 637 | |
| EBITDA | 1,239↓62.6% | 3,309↑26.0% | 2,627↑153.8% | -4,888↓131.2% | -2,114 | |
| EBIT | -2,203↓274.7% | 1,261↓13.2% | 1,453↑123.8% | -6,107↓122.0% | -2,751 | |
| Interest & Other Income | ||||||
| Net Interest Income | -7,671↓3320.4% | 238↑147.6% | -500↓1462.9% | -32↑90.3% | -331 | |
| Interest Income | 5,348↑72.3% | 3,104↑253.8% | 878↑12.9% | 777↑212.7% | 249 | |
| Interest Expense | 13,019↑354.2% | 2,866↑108.0% | 1,378↑70.2% | 809↑39.7% | 579 | |
| Non-Operating Income | 0.00↑100.0% | -1,244↑42.9% | -2,178↓70.9% | -1,274↑68.3% | -4,026 | |
| Other Income / Expenses | -4,029↓148.4% | -1,622↓302.6% | 801↑72.2% | 465↓86.5% | 3,447 | |
| Income Before Tax | -6,232↓288.3% | -1,605↓2224.7% | 76↑101.1% | -6,917↓107.7% | -3,330 | |
| Income Tax Expense | -47 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -6,185↓285.4% | -1,605↓2224.7% | 76↑101.1% | -6,917↓107.7% | -3,330 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -6,185↓285.4% | -1,605↓2224.7% | 76↑101.1% | -6,917↓107.7% | -3,330 | |
| Bottom-Line Net Income | -6,185↓285.4% | -1,605↓2224.7% | 76↑101.1% | -6,917↓107.7% | -3,330 | |
| EPS (Basic) | -19.32↓286.4% | -5.00↓2273.9% | 0.23↑102.6% | -8.92↑18.4% | -10.93 | |
| EPS (Diluted) | -19.32↓286.4% | -5.00↓2273.9% | 0.23↑102.6% | -8.92↑18.4% | -10.93 | |
| Weighted Average Shares | 317↓1.4% | 321↓1.2% | 325↓0.4% | 326↑7.0% | 305 | |
| Weighted Average Diluted Shares | 317↓1.4% | 321↓1.2% | 325↓0.4% | 326↑7.0% | 305 | |
* All figures in Millions of TRY, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.