D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Q1 2024 Earnings Conference Call June 13, 2024 9:00 AM ET Helin Celikbilek - Investor Relations Director Nilhan Onal Gokcetekin - Chief Executive Officer Seckin Koseoglu - Chief Financial Officer Muharrem Gulsever - Kona Capital Advisors Ladies and gentlemen, thank you for standing by. I'm Constantinos, your Chorus Call operator. Welcome and thank you for joining the Hepsiburada Conference Call and Live Webcast to present and discuss the First Quar ...

Our short-term bank borrowings are utilized to facilitate supplier and merchant financing as well as for our short-term liquidity needs in the ordinary course of our operations. Our short-term borrowings increased to TRY 313.5 million as of March 31, 2024, from TRY 211.1 million as of December 31, 2023. As of March 31, 2024, supplier and merchant financing loans corresponded to TRY 53.4 million of the short-term bank borrowings compared to TRY 20.4 million as of December 31, 2023. Our long-term borrowings d ...

ISTANBUL, Türkiye, June 13, 2024 (GLOBE NEWSWIRE) -- 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 first quarter ended March 31, 2024. Date Index Conversion Factor 31 March 2024 2,139.5 1.00 31 December 2023 1,859.4 1.15 31 March 2023 1,269.8 1.68 Restatement of financial information: Pursuant to the International Accounting Stan ...

ISTANBUL, June 12, 2024 /PRNewswire/ -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ: HEPS), a leading Turkish e-commerce platform, announced the successful issuance of its first asset-backed security (ABS) amounting to 150 million TRY. This issuance is part of the 2 billion TRY limit approved by the Capital Markets Board to PASHA Yatırım Bank Hepsiburada Asset Finance Fund. PASHA Bank, a pioneer in ABS issuances, recently launched Türkiye's first digital platform to merge its ABS ex ...

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 / 9.0 ...

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. Hepsiburada's results presentation will be available on the Hepsiburada Investor Relations website https://investors.hepsiburada.com on June 13, 2024. About Hepsiburada Hepsiburada is a leading e-com ...

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 Dec ...