Financial Performance - Revenue increased by 42.8% YoY to TRY 5893.6 million in Q2 2023[96] - Gross Contribution margin increased by 4.4 percentage points YoY to 9.3% of GMV in Q2 2023[165] - Net income was TRY 881.1 million for Q2 2023, compared to a net loss of TRY 782.7 million for Q2 2022[96] - IAS 29-Unadjusted EBITDA reached 2.0% of GMV in Q2 2023, a 4.7 percentage points YoY increase[70] - GMV grew by 43% YoY, reaching TRY 19.0 billion in Q2 2023[165] Operational Metrics - Total orders increased by 95% YoY to 27.5 million in Q2 2023[70] - Active Customers increased by 3% YoY to 12.0 million in Q2 2023[101] - (LTM) Active Merchants increased by 14% YoY in Q2 2023[120] - Number of SKUs increased by 50% YoY from 130.3 million to 194.7 million in Q2 2023[82] Hepsipay and Affordability Solutions - Hepsipay wallet base reached 12.5 million users in Q2 2023[67] - BNPL solutions saw 207K+ clients using their limits as of Q2 2023[67]
D-MARKET Electronic Services & Trading(HEPS) - 2023 Q2 - Earnings Call Presentation