D Market Electronic Services & Trading

$HEPS Market Cap: $973.8 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$41.29B

TTM

Gross Margin

33.57%

TTM

Net Earnings

-$1.350B

TTM

Current Assets

$16.54B

Q2 2024

Current Liabilities

$15.94B

Q2 2024

Current Ratio

103.73%

Q2 2024

Total Assets

$20.56B

Q2 2024

Total Liabilities

$16.92B

Q2 2024

Book Value

$3.635B

Q2 2024

Cash

$3.680B

Q2 2024

P/E

-0.7211

Nov 29, 2024 EST

Free Cash Flow

$5.104B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018
Revenue	$35.56B	$16.07B	$7.558B	$6.376B	$2.604B	$1.955B
YoY Change	121.28%	112.61%	18.54%	144.87%	33.16%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018
Revenue	$35.56B	$16.07B	$7.558B	$6.376B	$2.604B	$1.955B
Cost Of Revenue	$24.79B	$12.58B	$5.710B	$4.849B	$1.847B	$1.519B
Gross Profit	$10.77B	$3.492B	$1.849B	$1.527B	$756.6M	$436.1M
Gross Profit Margin	30.29%	21.73%	24.46%	23.94%	29.06%	22.3%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018
Selling, General & Admin	$9.668B	$5.369B	$3.327B	$1.550B	$552.7M	$377.3M
YoY Change	80.08%	61.35%	114.62%	180.5%	46.49%
% of Gross Profit	89.77%	153.74%	180.0%	101.55%	73.05%	86.52%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.174B	$512.8M	$140.9M	$93.20M	$66.30M	$78.30M
YoY Change	128.98%	263.92%	51.18%	40.57%	-15.33%
% of Gross Profit	10.9%	14.68%	7.62%	6.11%	8.76%	17.95%
Operating Expenses	$11.49B	$6.457B	$3.632B	$1.708B	$655.5M	$487.6M
YoY Change	78.02%	77.77%	112.7%	160.5%	34.43%
Operating Profit	-$725.0M	-$2.965B	-$1.784B	-$181.0M	$101.1M	-$51.50M
YoY Change	-75.55%	66.23%	885.41%	-279.03%	-296.31%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018
Interest Expense	-$470.4M	$983.8M	$1.593B	-$70.90M	-$51.30M	-$15.10M
YoY Change	-147.82%	-38.24%	-2346.54%	38.21%	239.74%
% of Operating Profit					-50.74%
Other Income/Expense, Net	$1.271B	-$788.3M	-$449.4M	-$222.6M	-$181.5M	-$94.70M
YoY Change	-261.23%	75.41%	101.89%	22.64%	91.66%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018
Pretax Income	$75.53M	-$2.907B	-$700.1M	-$474.5M	-$131.6M	-$161.3M
YoY Change	-102.6%	315.29%	47.54%	260.56%	-18.41%
Income Tax	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
% Of Pretax Income	0.0%
Net Earnings	$75.53M	-$2.907B	-$700.1M	-$474.5M	-$131.6M	-$161.3M
YoY Change	-102.6%	315.29%	47.54%	260.56%	-18.41%
Net Earnings / Revenue	0.21%	-18.09%	-9.26%	-7.44%	-5.05%	-8.25%
Basic Earnings Per Share
Diluted Earnings Per Share	$0.23	-$8.92	-$2.297M	-$1.456M	-$403.7K	-$494.8K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018
Cash & Short-Term Investments	$5.500B	$5.925B	$3.814B	$592.6M	$282.3M	$136.5M
YoY Change	-7.18%	55.38%	543.52%	109.92%	106.81%
Cash & Equivalents	$5.500B	$5.925B	$3.814B	$592.6M	$282.3M	$136.5M
Short-Term Investments
Other Short-Term Assets	$2.754B	$719.1M	$1.274B	$110.8M	$21.20M	$23.10M
YoY Change	283.02%	-43.55%	1049.64%	422.64%	-8.23%
Inventory	$3.965B	$2.012B	$1.640B	$770.1M	$366.4M	$202.5M
Prepaid Expenses
Receivables	$2.396B	$764.7M	$38.70M	$98.80M	$61.40M	$17.10M
Other Receivables	$9.182M	$5.887M	$319.5M	$117.5M	$48.50M	$40.20M
Total Short-Term Assets	$14.62B	$9.427B	$7.085B	$1.690B	$779.8M	$419.4M
YoY Change	55.13%	33.06%	319.28%	116.7%	85.93%
Property, Plant & Equipment	$1.068B	$873.8M	$296.3M	$182.9M	$106.8M	$160.9M
YoY Change	22.26%	194.89%	62.0%	71.25%	-33.62%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$33.72M	$70.91M	$5.100M	$2.800M	$6.100M	$7.800M
YoY Change	-52.45%	1290.37%	82.14%	-54.1%	-21.79%
Total Long-Term Assets	$2.956B	$1.901B	$796.4M	$275.2M	$176.2M	$222.1M
YoY Change	55.54%	138.67%	189.39%	56.19%	-20.67%
Total Assets	$17.58B	$11.33B	$7.881B	$1.965B	$956.0M	$641.5M
YoY Change
Accounts Payable	$10.56B	$6.624B	$4.062B	$2.025B	$798.5M	$490.8M
YoY Change	59.47%	63.06%	100.65%	153.54%	62.69%
Accrued Expenses	$119.3M		$27.10M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$183.5M	$14.68M	$193.2M	$347.4M	$19.00M	$0.00
YoY Change	1149.55%	-92.4%	-44.39%	1728.42%
Long-Term Debt Due	$154.6M	$177.1M	$109.3M	$51.20M	$26.40M	$149.6M
YoY Change	-12.73%	62.05%	113.48%	93.94%	-82.35%
Total Short-Term Liabilities	$13.65B	$8.716B	$5.001B	$2.656B	$1.207B	$892.0M
YoY Change	56.57%	74.3%	88.26%	120.09%	35.29%
Long-Term Debt	$124.6M	$130.4M	$101.9M	$92.80M	$57.90M	$106.1M
YoY Change	-4.42%	27.96%	9.81%	60.28%	-45.43%
Other Long-Term Liabilities	$507.1M	$183.5M	$102.7M	$3.300M	$2.100M	$1.400M
YoY Change	176.4%	78.65%	3012.12%	57.14%	50.0%
Total Long-Term Liabilities	$631.7M	$313.9M	$204.6M	$96.10M	$60.00M	$107.5M
YoY Change	101.28%	53.4%	112.9%	60.17%	-44.19%
Total Liabilities	$14.28B	$9.030B	$5.205B	$2.752B	$1.267B	$999.5M
YoY Change	58.12%	73.47%	89.12%	117.26%	26.74%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $973.79 Million

About D-MARKET Electronic Services & Trading

D-MARKET Elektronik Hizmetler Tic.A.S. is a holding company, which owns and operates an online shopping website. The firm'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.

Industry: Retail-Catalog & Mail-Order Houses Peers: