D-Market Elektronik Hizmetler ve Ticaret A.S. (HEPS)

NASDAQ: HEPS · Real-Time Price · USD

2.681

+0.071 (2.71%)

Sep 15, 2026, 2:12 PM EDT - Market open

HEPS Financials Overview

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	89,953	84,652	74,670	67,199	38,229	24,792
Revenue Growth	52.91%	13.37%	11.12%	75.78%	54.20%	63.41%
Gross Profit	22,778	21,450	19,357	13,693	4,030	2,730
Operating Income	-2,275	-1,183	554.96	-1,538	-7,367	-6,430
Net Income	-7,197	-5,699	-2,101	142.74	-6,917	-3,330
Earnings Per Share	-19.30	-15.31	-6.40	0.44	-21.22	-10.93
EPS Growth	-	-	-	-	-	-

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	9,041	13,324	11,957	10,428	8,706	8,167
Total Debt	2,367	2,426	3,502	668	471.81	664.36
Net Cash (Debt)	6,674	10,898	8,455	9,760	8,234	7,502
Net Cash Growth	3.16%	28.89%	-13.37%	18.53%	9.75%	7316.97%
Net Cash Per Share	17.90	29.27	25.75	30.05	25.26	24.62

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	8,492	11,284	7,458	9,485	1,020	-47.39
Capital Expenditures	-2,453	-2,415	-2,632	-2,180	-2,011	-645.08
Free Cash Flow	6,039	8,870	4,826	7,305	-990.82	-692.48
Free Cash Flow Growth	10.45%	83.78%	-33.93%	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	25.32%	25.34%	25.92%	20.38%	10.54%	11.01%
Operating Margin	-2.53%	-1.40%	0.74%	-2.29%	-19.27%	-25.94%
Pretax Margin	-8.01%	-6.78%	-2.81%	0.21%	-18.09%	-13.43%
Profit Margin	-8.00%	-6.73%	-2.81%	0.21%	-18.09%	-13.43%
FCF Margin	6.71%	10.48%	6.46%	10.87%	-2.59%	-2.79%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 15, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	-	-	-	121.56	-	-
Forward PE	-	203.68	59.70	50.12	-	-
P/FCF Ratio	7.74	4.29	7.14	2.38	-	-
PS Ratio	0.50	0.45	0.46	0.26	0.11	0.33