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D Market Elektronik Hztlr ve Tcrt AS-ADR (OQ:HEPS)

Business Focus: Internet & Mail Order Department Stores

Sector:  Consumer Cyclicals Industry:  Department Stores
 
Company Contact
Address: Kustepe Mah. Mecidiyekoy Yolu Cad. No:12
ISTANBUL 34387
Tel: N/A
Website: https://www.hepsiburada.com
IR: See website
Key People
N/A    
Business Overview
D Market Elektronik Hizmetler ve Ticaret AS is a Turkey-based company, which provides online retail services. The Company's platform brings together 50 million product types in nearly 40 categories. The scope of products include white goods, electronics, apparel, accessories, home textile and stationary products.
Financial Overview
For the fiscal year ended 31 December 2023, D Market Elektronik Hztlr ve Tcrt AS-ADR revenues increased 34% to TRY35.56B. Net income totaled TRY75.5M vs. loss of TRY4.79B. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects Monetary gains/ (losses) increase from TRY13.4M (expense) to TRY1.27B (income), Advertising expenses decrease of 17% to TRY2.43B (expense).