ISTANBUL, Türkiye, May 30, 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 first quarter ending March 31, 2024 before the U.S. market opens on Thursday, June 13, 2024. Conference Call and Webcast Details Hepsiburada's management will host an analyst and investor conference call and live webcast to discuss its financial results at 16.00 İstanbul / 14.00 London / 9.00 ...

ISTANBUL, April 30, 2024 /PRNewswire/ -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ: HEPS), a leading Turkish e-commerce platform, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission (the "SEC") on April 30, 2024. The annual report on Form 20-F can be accessed under the SEC Filings section on Hepsiburada's investor relations website at https://investors.hepsiburada.com/en/financials ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 Date of Report: April 30, 2024 Commission File Number: 001-40553 D-MARKET Elektronik Hizmetler ve Ticaret Anonim Şirketi (Exact Name of registrant as specified in its charter) D-MARKET Electronic Services & Trading (Translation of Registrant‘s Name into English) Kuştepe Mahallesi Mecidiyeköy Yolu Cadde no: 12 Kule 2 K2 Ista ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 1 ...

Alistair Berg Investment Thesis Shares of Hepsiburada (NASDAQ:HEPS) have had a volatile ride, opening at $13 since inception and is now trading at around $1.50, a significant decline. Despite the market's pessimism around Turkey's economy and inflationary pressures, I believe the stock is a bargain because of the company's demonstrated resilience against the challenging macroeconomic backdrop of Turkey. Operating losses have narrowed from a trough of $294 million in December 2021 to $24.5 million in Decembe ...

财务数据和关键指标变化 - 2023年全年GMV同比增长104%,超出指引380个基点 [11][15][58] - 2023年全年EBITDA占GMV比例为1.8%,超出指引30个基点 [14][16] - 2023年全年收入同比增长34% [60] - 2023年全年毛利率为10.6%,同比提升160个基点 [65] - 2023年全年EBITDA率为0.4%,同比提升520个基点 [67] - 2023年全年自由现金流约为39亿里拉 [70][71] 各条业务线数据和关键指标变化 - 2023年第三方市场业务占GMV的2/3 [62] - 2023年电子产品占GMV的比重与上年持平,非电子产品占比提升0.3个百分点 [62] - 2023年零售业务收入同比增长27%,第三方市场业务收入同比增长60% [63] - 2023年物流服务收入同比增长48% [63] - 2023年广告、联合营销及会员订阅等其他收入同比增长125% [63] 各个市场数据和关键指标变化 - 2023年平台访问量达39亿次 [17] - 2023年公司在线上销售的洗碗机、洗衣机市场份额分别达到50% [18] - 2023年公司在线上销售的笔记本电脑和iPhone占比分别达到40%和33% [19] 公司战略和发展方向及行业竞争 - 公司保持专注于提高客户忠诚度、发展HepsiJet物流服务和拓展B2B业务等三大战略重点 [31] - 公司将进一步提升会员计划、HepsiJet和Hepsipay的竞争优势 [32][34][36][40][46] - 公司将加大广告业务的投入和收入占比,以提升整体盈利能力 [51][52] - 公司预计在宏观环境更加严峻的下半年仍能保持竞争优势,主要依靠更丰富的支付和信贷解决方案 [88] 管理层对经营环境和未来前景的评论 - 2023年公司经历了选举不确定性和地震等挑战,但仍取得了出色的财务业绩 [9][10] - 公司预计2024年第一季度GMV同比增长约120%,EBITDA占GMV比例约2% [56] - 公司认为2024年下半年宏观环境可能更加严峻,但公司的支付和信贷解决方案将有助于保持竞争力 [88] 问答环节重要的提问和回答 问题1 **Muharrem Gulsever 提问** 是否存在第一季度GMV增长超出120%的上行风险,以及2024年广告预算情况 [78] **Seckin Koseoglu 回答** 公司预计第一季度GMV增长120%,考虑到基数较低,可能会有一定上行空间,但不会大幅超出。公司将继续优化营销投入,提高投资回报率 [79] 问题2 **Muharrem Gulsever 提问** 是否观察到行业内其他公司在提高佣金费率 [83] **Nilhan Onal Gokcetekin 回答** 2023年公司毛利率提升主要来自于产品组合优化、物流服务收入增加等因素,未来公司也将寻求合理的佣金费率以平衡业务增长和盈利能力 [84]

财务数据和关键指标变化 - 公司第三季度GMV同比增长126%,调整通胀后增长45% [11][44] - 公司第三季度订单量同比增长55%,达到2700万单 [12][47] - 公司第三季度毛利率为11.6%,同比提升1.8个百分点,调整通胀后为9.4%,同比提升1个百分点 [45] - 公司第三季度EBITDA占GMV的比例为2.7%,同比提升6.9个百分点,调整通胀后为0.3%,同比提升6.2个百分点 [46] 各条业务线数据和关键指标变化 - 公司零售业务收入同比增长50%,市场业务收入同比增长61% [49] - 公司物流服务收入同比增长43% [49] - 公司其他收入(广告、履约等)同比增长116% [49] 各个市场数据和关键指标变化 - 公司第三季度1P业务占GMV的比重提升2.7个百分点 [48] 公司战略和发展方向及行业竞争 - 公司Hepsiburada Premium会员已超过200万,会员月订单频次从1.8次提升至2.6次 [24] - 公司Hepsipay支付和信贷解决方案的渗透率持续提升,过去12个月有76.2万单通过这些解决方案完成 [28][29] - 公司物流服务HepsiJet的服务质量持续提升,第三季度NPS达86.2分,覆盖超过600个城市 [30][31] - 公司正在加快Hepsipay在其他电商平台的渗透,第三季度已接入5家主要零售商 [34] 管理层对经营环境和未来前景的评论 - 尽管宏观经济环境充满挑战,但公司第三季度表现出色,超出预期 [11][17][18] - 公司有信心在第四季度和全年实现强劲增长和盈利 [39][40] - 管理层对公司的战略和执行能力充满信心,将继续推进各项举措以实现可持续增长 [23][56] 问答环节重要的提问和回答 问题1 **Maxim Nekrasov提问** 第四季度增长放缓的原因 [59][60][61] **Nilhan Onal Gökcetekin回答** 第四季度基数较高、第三季度VAT变化带来的加速效应不会重复、以及利率上升对需求的轻微影响 问题2 **Ulle Adamson提问** 是否考虑在伊斯坦布尔证券交易所上市以提高股票流动性 [62][63] **Nilhan Onal Gökcetekin回答** 这是公司一直在评估的选择之一,会根据进一步分析结果决定是否实施 问题3 **Christian Andrews提问** 数字订单占订单增长的很大比重,对收入增长的贡献如何 [66][67] **Nilhan Onal Gökcetekin回答** 数字订单占GMV比重很小,不到0.7%,主要是为了提高客户粘性和复购频率,对收入增长贡献不大

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Q2 2023 Earnings Conference Call August 24, 2023 9:00 AM ET Company Participants Helin Celikbilek - IR Director Nilhan Onal Gökçetekin - CEO Korhan Öz - CFO Conference Call Participants Kilickiran Hanzade - JPMorgan Operator Ladies and gentlemen, thank you for standing by. I am Geli, your Chorus Call operator. Welcome, and thank you for joining the Hepsiburada Conference Call and Live Webcast to present and discuss the Second Quarter 2023 Financial ...

Q2 2023 Results Presentation August 24, 2023 TITLE CAN NOT GO ABOVE THIS LINE Disclaimer SUBTITLE BELOW THIS LINE RestatementofFinancialInformation Pursuant to the International Accounting Standard 29, Financial Reporting in Hyperinflationary Economies (“IAS 29”), the financial statements of entities whose functional currency is that CONTENT BELOW THIS LINE of a hyperinflationary economy must be adjusted for the effects of changes in a general price index. Turkish companies reporting under International Fin ...

Exhibit 99.1 Hepsiburada Announces Second Quarter 2023 Financial Results ISTANBUL, August 24, 2023 - 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 ended June 30, 2023. Restatement of financial information: Pursuant to the International Accounting Standard 29, Financial Reporting in Hyperinflationary Economies (“IAS ...