D-MARKET Electronic Services & Trading(NASDAQ:HEPS)

Founded: 2000
Sector:
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At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income Statements:
Quarterly
Annual
| Unit: USD | 2025-11-05 | 2025-07-31 | 2025-05-08 | 2025-04-30 | 2024-12-31 | 2024-12-10 | 2024-09-11 | 2024-06-13 | 2024-03-25 | 2023-12-31 | 2023-08-24 | 2023-05-25 | 2023-05-12 | 2023-03-22 | 2022-12-06 | 2022-09-28 | 2022-06-01 | 2022-03-24 | 2021-12-31 | 2021-11-23 | 2021-08-26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues | 19,919,848,000 | 16,743,771,000 | 14,386,929,000 | 18,140,836,000 | 20,436,296,000 | 12,241,606,000 | 10,112,888,000 | 11,309,633,000 | 11,811,921,000 | 5,893,603,000 | 4,629,486,000 | 8,057,413,000 | 5,535,176,000 | 3,281,176,000 | 2,985,245,000 | 2,527,885,000 | 2,759,149,000 | 2,759,149,000 | 1,658,336,000 | 1,754,701,000 | |
operating expenses | |||||||||||||||||||||
cost of inventory sold | -12,510,150,000 | -10,408,359,000 | -9,064,567,000 | -11,389,100,000 | -12,820,951,000 | -7,369,502,000 | -6,064,025,000 | -7,505,589,000 | -8,194,917,000 | -4,124,318,000 | -3,220,379,000 | -5,642,430,000 | -4,013,848,000 | -2,365,805,000 | -2,510,182,000 | -1,839,638,000 | -2,097,953,000 | -2,097,953,000 | -1,378,262,000 | -1,267,809,000 | |
shipping and packaging expenses | -2,268,692,000 | -1,792,364,000 | -1,642,728,000 | -1,663,019,000 | -1,924,416,000 | -1,384,003,000 | -1,226,864,000 | -1,226,951,000 | -1,124,936,000 | -515,007,000 | -441,163,000 | -768,017,000 | -495,901,000 | -336,890,000 | -277,510,000 | -298,285,000 | -317,313,000 | -317,312,000 | -239,344,000 | -234,934,000 | |
payroll and outsourced staff expenses | -2,248,376,000 | ||||||||||||||||||||
advertising expenses | -1,991,900,000 | -1,101,825,000 | -950,341,000 | -1,360,635,000 | -1,533,588,000 | -1,004,795,000 | -835,167,000 | -714,785,000 | -857,527,000 | -377,871,000 | -282,966,000 | -578,440,000 | -513,178,000 | -366,038,000 | -346,852,000 | -326,165,000 | -654,743,000 | -654,743,000 | -461,347,000 | -286,081,000 | |
technology expenses | -201,006,000 | -175,606,000 | -164,038,000 | -240,306,000 | -269,826,000 | -151,110,000 | -152,055,000 | -130,492,000 | -130,111,000 | -67,987,000 | -59,928,000 | -91,655,000 | -49,038,000 | -44,722,000 | -37,439,000 | -62,321,000 | -20,482,000 | -20,482,000 | -13,220,000 | -14,597,000 | |
depreciation and amortization | -764,313,000 | -705,408,000 | -657,329,000 | -572,236,000 | -659,314,000 | -475,361,000 | -418,935,000 | -387,182,000 | -354,624,000 | -204,948,000 | -177,884,000 | -251,990,000 | -178,588,000 | -99,078,000 | -101,639,000 | -29,279,000 | -44,846,000 | -44,846,000 | -37,263,000 | -31,670,000 | |
other operating income | 141,106,000 | 107,711,000 | 106,537,000 | 130,013,000 | 143,867,000 | 70,683,000 | 71,898,000 | 60,953,000 | 72,814,000 | 142,415,000 | 26,149,000 | 156,385,000 | 23,570,000 | 15,038,000 | 17,106,000 | 12,140,000 | |||||
other operating expenses | -667,063,000 | -820,846,000 | -670,390,000 | -846,086,000 | -914,760,000 | -390,366,000 | -315,260,000 | -306,199,000 | -386,002,000 | -190,330,000 | -154,883,000 | -233,879,000 | -142,159,000 | -405,093,000 | -98,951,000 | -70,148,000 | -32,003,000 | -238,275,000 | -29,313,000 | -17,440,000 | |
operating income | -590,546,000 | 34,053,000 | -548,509,000 | 142,689,000 | -29,577,750 | 32,390,000 | -32,307,000 | -97,831,000 | -225,489,000 | -50,337,000 | -170,627,000 | -164,048,000 | -424,478,000 | -737,161,000 | -695,442,000 | -365,177,000 | -721,558,000 | ||||
yoy | 1896.59% | 5.13% | 1597.80% | -245.85% | -86.88% | -35.82% | -42.66% | 37.45% | -93.17% | -75.46% | -55.08% | -41.17% | |||||||||
qoq | -1834.20% | -106.21% | -484.41% | -582.42% | -191.32% | -200.26% | -66.98% | -56.61% | -70.50% | 4.01% | -61.35% | -42.42% | 6.00% | 90.44% | -49.39% | ||||||
financial income | 1,154,929,000 | 1,130,867,000 | 977,044,000 | 1,418,792,000 | 1,572,146,000 | 824,348,000 | 600,763,000 | 819,093,000 | 763,898,000 | 1,443,158,000 | 161,600,000 | 503,587,000 | 206,201,000 | 450,750,000 | 518,107,000 | 433,080,000 | 1,970,590,000 | 1,970,592,000 | 94,049,000 | 42,481,000 | |
financial expenses | -2,835,677,000 | -2,356,065,000 | -1,776,855,000 | -2,683,235,000 | -2,976,886,000 | -1,620,957,000 | -1,355,294,000 | -1,343,470,000 | -1,578,895,000 | -714,767,000 | -311,980,000 | -901,281,000 | -468,923,000 | -305,150,000 | -413,188,000 | -307,616,000 | -535,042,000 | -535,042,000 | -175,781,000 | -146,344,000 | |
monetary gains/losses | 946,445,000 | 452,631,000 | |||||||||||||||||||
income before income taxes | -1,324,849,000 | -723,823,000 | -355,084,000 | -669,123,000 | -724,339,000 | -307,361,000 | -384,545,000 | -130,734,000 | -644,087,000 | 881,093,000 | -192,835,000 | -191,094,000 | -546,104,000 | -571,454,000 | -566,283,000 | -239,713,000 | 713,990,000 | 639,715,000 | -778,403,000 | -324,061,000 | |
taxation on income | |||||||||||||||||||||
income for the period | -1,324,849,000 | -723,823,000 | -355,084,000 | -669,123,000 | -220,142,000 | -307,361,000 | -384,545,000 | -644,087,000 | 881,093,000 | -191,094,000 | -546,104,000 | 713,990,000 | |||||||||
basic and diluted loss per share | -4.1 | -2.3 | -2 | -0.685 | -0.96 | -1.2 | 2.7 | -0.59 | -0.59 | -1.75 | -1.74 | -0.74 | 2.19 | 1.81 | -2.74 | -1.14 | |||||
other comprehensive loss: | |||||||||||||||||||||
items that will not be reclassified to | |||||||||||||||||||||
profit or loss in subsequent period: | |||||||||||||||||||||
actuarial losses arising on remeasurement of post-employment benefits | -22,136 | -22,131 | 96 | -34,241 | -13,983 | 1,288 | -7,749 | -9,260 | -2,288 | 2,225 | 2,225 | -2,459 | -1,681 | ||||||||
items that will be reclassified to | |||||||||||||||||||||
changes in the fair value of debt instruments at fair value through other comprehensive income | 2,855 | 37,688 | -40,337 | ||||||||||||||||||
total comprehensive income for the period | -1,324,849 | -723,823 | -691,259 | -220,127 | -307,265 | -384,545 | -653,032 | 846,852 | -189,806 | -550,998 | 716,215 | ||||||||||
payroll and outsource staff expenses | -1,813,021,000 | -1,892,582,000 | -2,056,778,000 | -2,322,038,000 | -1,504,762,000 | -1,204,787,000 | -1,197,219,000 | -1,062,107,000 | -605,894,000 | -489,059,000 | -811,435,000 | -590,512,000 | -415,749,000 | -325,220,000 | -279,366,000 | -313,367,000 | -260,118,000 | -196,258,000 | -122,368,000 | ||
monetary gains | 467,322,000 | 993,236,000 | 545,131,000 | 456,858,000 | 402,293,000 | 491,474,000 | 396,399,000 | 203,039,000 | 128,172,000 | 370,648,000 | 141,096,000 | 20,107,000 | 24,240,000 | ||||||||
items that will not be reclassified to profit or loss in subsequent period: | |||||||||||||||||||||
items that will be reclassified to profit or loss in subsequent period: | |||||||||||||||||||||
basic and diluted income per share | -1.1 | -0.4 | -1.98 | -1.68 | |||||||||||||||||
actuarial gains arising on remeasurement of post-employment benefits | -8,945 | ||||||||||||||||||||
total comprehensive loss for the period | -355,084 | -130,764 | -206,818 | -543,026 | -608,908 | -241,660 | -336,327 | -780,862 | -325,742 | ||||||||||||
other comprehensive income: | |||||||||||||||||||||
loss for the period | -130,734,000 | -192,835,000 | -571,454,000 | -566,283,000 | -239,713,000 | -334,948,250 | -778,403,000 | -324,061,000 | |||||||||||||
items that will not be reclassified to profit or loss in subsequent period: | |||||||||||||||||||||
actuarial gains arising on remeasurement of post-employment benefits | -30 | ||||||||||||||||||||
items that will be reclassified to profit or loss in subsequent period: | |||||||||||||||||||||
actuarial losses arising on remeasurement of | |||||||||||||||||||||
post-employment benefits | -1,947 | ||||||||||||||||||||
operating (loss) / income | -261,923,250 | -696,671,000 | -220,198,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-11-05 | 2025-07-31 | 2025-05-08 | 2025-04-30 | 2024-12-31 | 2024-12-10 | 2024-09-11 | 2024-06-13 | 2024-04-30 | 2024-03-25 | 2023-12-31 | 2023-08-24 | 2023-05-25 | 2023-05-12 | 2023-03-25 | 2023-03-22 | 2022-12-06 | 2022-09-28 | 2022-06-01 | 2022-03-24 | 2022-03-22 | 2021-12-31 | 2021-11-23 | 2021-08-26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||
cash and cash equivalents | 7,409,859,000 | 7,089,643,000 | 6,695,759,000 | 6,750,179,000 | 6,750,179,000 | 4,256,239,000 | 3,680,062,000 | 3,562,870,000 | 6,750,179,000 | 5,500,000,000 | 5,500,000,000 | 4,867,634,000 | 4,971,751,000 | 5,714,064,000 | 5,500,000,000 | 5,266,008,000 | 3,473,910,000 | 2,685,882,000 | 2,328,477,000 | 3,947,085,000 | 5,266,008,000 | 3,813,469,000 | 4,038,289,000 | 706,259,000 |
restricted cash | 161,082,000 | 133,915,000 | 139,135,000 | 135,271,000 | 135,271,000 | 117,563,000 | 111,257,000 | 102,642,000 | 135,271,000 | 167,312,000 | 167,312,000 | 92,718,000 | 103,095,000 | 135,819,000 | 167,312,000 | 107,427,000 | 75,799,000 | 52,738,000 | 39,206,000 | 39,998,000 | 107,427,000 | 39,998,000 | 16,665,000 | |
financial investments | 1,905,092,000 | 1,814,989,000 | 597,583,000 | 2,384,743,000 | 2,384,743,000 | 3,873,461,000 | 3,184,332,000 | 4,402,874,000 | 2,384,743,000 | 1,722,744,000 | 1,722,744,000 | 524,344,000 | 686,196,000 | 1,722,744,000 | 17,557,000 | 866,123,000 | 1,338,784,000 | 1,290,051,000 | 1,024,437,000 | 17,557,000 | 1,158,052,000 | |||
trade and loan receivables | 5,468,466,000 | 5,726,495,000 | 5,095,401,000 | 5,045,635,000 | 5,045,635,000 | 5,045,635,000 | ||||||||||||||||||
due from related parties | 14,559,000 | 14,559,000 | 7,143,000 | 21,718,000 | 10,004,000 | 14,559,000 | 9,182,000 | 9,182,000 | 9,748,000 | 2,123,000 | 4,388,000 | 9,182,000 | 1,718,000 | 938,000 | 1,505,000 | 3,150,000 | 2,184,000 | 1,718,000 | 2,184,000 | 1,343,000 | 1,224,000 | |||
inventories | 9,591,943,000 | 7,400,171,000 | 7,003,661,000 | 6,001,460,000 | 6,001,460,000 | 6,911,430,000 | 5,607,842,000 | 4,833,247,000 | 6,001,460,000 | 3,964,987,000 | 3,964,987,000 | 2,638,902,000 | 1,963,037,000 | 3,823,669,000 | 3,964,987,000 | 1,788,247,000 | 2,172,054,000 | 2,227,251,000 | 1,938,185,000 | 1,639,480,000 | 1,788,247,000 | 1,639,480,000 | 923,014,000 | 608,621,000 |
contract assets | 64,582,000 | 52,709,000 | 48,613,000 | 44,732,000 | 44,732,000 | 35,936,000 | 29,652,000 | 34,036,000 | 44,732,000 | 22,431,000 | 22,431,000 | 54,585,000 | 21,094,000 | 29,928,000 | 22,431,000 | 15,348,000 | 11,505,000 | 9,365,000 | 8,644,000 | 7,351,000 | 15,348,000 | 7,351,000 | 6,842,000 | 10,567,000 |
other current assets | 1,190,833,000 | 791,977,000 | 773,948,000 | 478,113,000 | 478,113,000 | 776,673,000 | 866,786,000 | 891,832,000 | 478,113,000 | 864,313,000 | 864,313,000 | 640,523,000 | 520,528,000 | 961,202,000 | 864,313,000 | 514,110,000 | 541,548,000 | 452,458,000 | 270,859,000 | 199,787,000 | 514,110,000 | 199,787,000 | 251,695,000 | 105,031,000 |
total current assets | 25,791,857,000 | 23,009,899,000 | 20,354,100,000 | 20,854,692,000 | 20,854,692,000 | 19,859,869,000 | 16,537,293,000 | 16,846,415,000 | 20,854,692,000 | 14,624,244,000 | 14,624,244,000 | 9,432,240,000 | 8,125,982,000 | 12,892,600,000 | 14,624,244,000 | 8,378,150,000 | 7,429,612,000 | 6,992,331,000 | 6,230,994,000 | 7,085,013,000 | 8,378,150,000 | 7,085,012,000 | 5,533,149,000 | 1,610,450,000 |
non-current assets: | ||||||||||||||||||||||||
property and equipment | 889,871,000 | 860,779,000 | 850,716,000 | 831,413,000 | 831,413,000 | 720,076,000 | 693,150,000 | 575,595,000 | 831,413,000 | 502,743,000 | 502,743,000 | 372,342,000 | 359,522,000 | 452,126,000 | 502,743,000 | 337,990,000 | 306,158,000 | 241,963,000 | 104,625,000 | 90,540,000 | 337,990,000 | 90,540,000 | 76,067,000 | 65,624,000 |
intangible assets | 3,937,355,000 | 3,646,595,000 | 3,438,642,000 | 3,059,048,000 | 3,059,048,000 | 2,752,043,000 | 2,497,668,000 | 2,220,409,000 | 3,059,048,000 | 1,853,586,000 | 1,853,586,000 | 1,192,322,000 | 1,069,945,000 | 1,572,894,000 | 1,853,586,000 | 845,813,000 | 663,829,000 | 506,310,000 | 268,122,000 | 202,798,000 | 845,813,000 | 202,798,000 | 153,851,000 | 128,198,000 |
right of use assets | 2,087,016,000 | 1,555,737,000 | 1,569,265,000 | 1,299,765,000 | 1,299,765,000 | 1,065,354,000 | 761,190,000 | 629,783,000 | 1,299,765,000 | 565,523,000 | 565,523,000 | 435,686,000 | 472,097,000 | 508,786,000 | 565,523,000 | 438,542,000 | 404,110,000 | 368,579,000 | 221,951,000 | 205,755,000 | 438,542,000 | 205,755,000 | 169,793,000 | 173,878,000 |
other non-current assets | 43,349,000 | 47,534,000 | 52,785,000 | 12,405,000 | 12,405,000 | 19,465,000 | 27,425,000 | 35,569,000 | 12,405,000 | 33,720,000 | 33,720,000 | 26,547,000 | 24,800,000 | 42,557,000 | 33,720,000 | 63,018,000 | 81,979,000 | 210,839,000 | 329,973,000 | 297,258,000 | 63,018,000 | 297,258,000 | 4,511,000 | 10,608,000 |
total non-current assets | 6,997,450,000 | 6,162,954,000 | 6,020,281,000 | 5,290,226,000 | 5,290,226,000 | 4,617,581,000 | 4,021,232,000 | 3,472,209,000 | 5,290,226,000 | 2,956,371,000 | 2,956,371,000 | 2,028,407,000 | 1,928,888,000 | 2,577,960,000 | 2,956,371,000 | 1,689,221,000 | 1,462,710,000 | 1,335,729,000 | 932,733,000 | 796,351,000 | 1,689,221,000 | 796,351,000 | 404,222,000 | 378,308,000 |
total assets | 32,789,307,000 | 29,172,853,000 | 26,374,381,000 | 26,144,918,000 | 26,144,918,000 | 24,477,450,000 | 20,558,525,000 | 20,318,624,000 | 26,144,918,000 | 17,580,615,000 | 17,580,615,000 | 11,460,647,000 | 10,054,870,000 | 15,470,560,000 | 17,580,615,000 | 10,067,371,000 | 8,892,322,000 | 8,328,060,000 | 7,163,727,000 | 7,881,364,000 | 10,067,371,000 | 7,881,363,000 | 5,937,371,000 | 1,988,758,000 |
liabilities and equity | ||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||
bank borrowings | 1,003,433,000 | 1,219,434,000 | 1,522,892,000 | 1,682,686,000 | 1,682,686,000 | 950,543,000 | 473,202,000 | 313,479,000 | 1,682,686,000 | 183,472,000 | 183,472,000 | 79,546,000 | 26,303,000 | 195,394,000 | 183,472,000 | 13,049,000 | 50,926,000 | 260,395,000 | 176,403,000 | 193,184,000 | 13,049,000 | 193,184,000 | 129,107,000 | 158,801,000 |
lease liabilities | 1,009,497,000 | 550,681,000 | 508,792,000 | 409,083,000 | 409,083,000 | 102,436,000 | 120,233,000 | 128,595,000 | 409,083,000 | 154,573,000 | 154,573,000 | 140,863,000 | 153,830,000 | 148,951,000 | 154,573,000 | 157,414,000 | 155,475,000 | 134,147,000 | 127,347,000 | 109,310,000 | 157,414,000 | 109,310,000 | 84,466,000 | 66,630,000 |
wallet deposits | 214,108,000 | 178,219,000 | 200,341,000 | 177,607,000 | 177,607,000 | 164,236,000 | 174,666,000 | 344,816,000 | 177,607,000 | 188,412,000 | 188,412,000 | 101,822,000 | 108,016,000 | 160,051,000 | 188,412,000 | 113,493,000 | 79,048,000 | 54,547,000 | 42,276,000 | 40,924,000 | 113,493,000 | 40,924,000 | 16,665,000 | |
trade payables and payables to merchants | 23,135,396,000 | 18,585,446,000 | 15,449,812,000 | 14,973,751,000 | 14,973,751,000 | 14,888,003,000 | 12,335,542,000 | 11,964,643,000 | 14,973,751,000 | 10,562,999,000 | 10,562,999,000 | 6,359,902,000 | 5,796,296,000 | 8,881,831,000 | 10,562,999,000 | 5,886,538,000 | 4,736,354,000 | 4,213,224,000 | 3,517,780,000 | 4,062,149,000 | 5,886,538,000 | 4,062,149,000 | 2,968,111,000 | 2,461,651,000 |
due to related parties | 12,941,000 | 12,941,000 | 13,338,000 | 5,650,000 | 6,690,000 | 12,941,000 | 4,638,000 | 4,638,000 | 4,555,000 | 12,677,000 | 6,539,000 | 4,638,000 | 5,579,000 | 17,845,000 | 15,037,000 | 14,982,000 | 9,047,000 | 5,579,000 | 9,047,000 | 5,827,000 | 6,329,000 | |||
provisions | 242,210,000 | 158,651,000 | 81,739,000 | 217,057,000 | 217,057,000 | 33,815,000 | 78,957,000 | 83,413,000 | 217,057,000 | 81,728,000 | 81,728,000 | 67,188,000 | 401,572,000 | 71,161,000 | 81,728,000 | 371,280,000 | 392,882,000 | 131,786,000 | 132,475,000 | 4,897,000 | 371,280,000 | 132,422,000 | 4,223,000 | 3,411,000 |
employee benefit obligations | 830,231,000 | 486,681,000 | 337,775,000 | 522,124,000 | 522,124,000 | 326,062,000 | 272,695,000 | 190,998,000 | 522,124,000 | 289,410,000 | 289,410,000 | 130,293,000 | 66,282,000 | 195,922,000 | 289,410,000 | 164,733,000 | 97,385,000 | 58,415,000 | 41,599,000 | 70,729,000 | 164,733,000 | 70,729,000 | 136,727,000 | 110,655,000 |
contract liabilities and merchant advances | 2,357,018,000 | 2,238,580,000 | 1,860,657,000 | 1,906,945,000 | 1,906,945,000 | 1,916,107,000 | 1,544,682,000 | 1,836,561,000 | 1,906,945,000 | 1,424,467,000 | 1,424,467,000 | 812,442,000 | 632,388,000 | 967,237,000 | 1,424,467,000 | 638,556,000 | 434,123,000 | 292,207,000 | 254,507,000 | 219,241,000 | 638,556,000 | 219,241,000 | 277,073,000 | 245,110,000 |
other current liabilities | 1,685,181,000 | 1,565,118,000 | 1,675,660,000 | 1,683,832,000 | 1,683,832,000 | 1,113,938,000 | 937,046,000 | 918,558,000 | 1,683,832,000 | 756,389,000 | 756,389,000 | 272,789,000 | 446,035,000 | 562,795,000 | 756,389,000 | 380,029,000 | 273,083,000 | 228,115,000 | 185,374,000 | 163,545,000 | 380,029,000 | 163,543,000 | 186,009,000 | 128,368,000 |
total current liabilities | 30,477,074,000 | 24,982,810,000 | 21,637,668,000 | 21,586,026,000 | 21,586,026,000 | 19,508,478,000 | 15,942,673,000 | 15,787,753,000 | 21,586,026,000 | 13,646,088,000 | 13,646,088,000 | 7,969,400,000 | 7,643,399,000 | 11,189,881,000 | 13,646,088,000 | 7,730,671,000 | 6,237,121,000 | 5,387,873,000 | 4,492,743,000 | 4,873,026,000 | 7,730,671,000 | 5,000,549,000 | 3,808,208,000 | 3,180,955,000 |
non-current liabilities: | ||||||||||||||||||||||||
other non-current liabilities | 488,291,000 | 499,434,000 | 509,973,000 | 499,946,000 | 526,666,000 | 529,400,000 | 541,415,000 | 402,835,000 | 402,835,000 | 208,224,000 | 157,667,000 | 390,861,000 | 402,835,000 | 146,597,000 | 145,141,000 | 132,809,000 | 92,551,000 | 97,401,000 | 146,597,000 | 97,401,000 | ||||
total non-current liabilities | 1,450,018,000 | 1,346,379,000 | 1,393,022,000 | 1,237,412,000 | 1,237,412,000 | 1,301,297,000 | 980,879,000 | 836,242,000 | 1,237,412,000 | 631,748,000 | 631,748,000 | 381,452,000 | 295,242,000 | 568,983,000 | 631,748,000 | 278,931,000 | 281,426,000 | 260,616,000 | 207,968,000 | 204,638,000 | 278,931,000 | 204,638,000 | 101,772,000 | 125,342,000 |
equity: | ||||||||||||||||||||||||
share capital | 903,043,000 | 840,006,000 | 792,408,000 | 719,960,000 | 719,960,000 | 677,482,000 | 622,003,000 | 573,777,000 | 719,960,000 | 498,661,000 | 498,661,000 | 362,478,000 | 340,530,000 | 453,514,000 | 498,661,000 | 302,635,000 | 280,762,000 | 262,260,000 | 65,200,000 | 65,200,000 | 302,635,000 | 65,200,000 | 65,200,000 | 56,866,000 |
other capital reserves | 1,352,833,000 | 1,254,524,000 | 1,100,704,000 | 1,100,704,000 | 927,449,000 | 837,043,000 | 758,899,000 | 1,100,704,000 | 637,738,000 | 637,738,000 | 422,711,000 | 385,753,000 | 539,560,000 | 637,738,000 | 329,913,000 | 265,195,000 | 212,501,000 | 113,770,000 | 138,519,000 | 329,913,000 | 85,270,000 | 69,625,000 | 34,236,000 | |
share premiums | 26,228,467,000 | 24,397,579,000 | 23,015,125,000 | 20,910,909,000 | 19,677,153,000 | 18,065,770,000 | 16,665,088,000 | 20,910,909,000 | 14,483,368,000 | 10,528,012,000 | 9,890,532,000 | 13,172,108,000 | 14,483,368,000 | 8,789,896,000 | 8,154,596,000 | 7,617,209,000 | 4,260,737,000 | 4,260,737,000 | 8,789,896,000 | 4,269,536,000 | 187,465,000 | |||
treasury shares | -269,892,000 | -245,217,000 | -230,749,000 | -211,853,000 | -195,427,000 | -169,843,000 | -169,843,000 | -169,843,000 | ||||||||||||||||
accumulated deficit | -21,448,474,000 | -19,164,876,000 | -17,383,660,000 | -15,677,990,000 | -14,107,708,000 | -12,147,145,000 | -12,147,145,000 | -8,203,406,000 | -8,500,586,000 | -10,453,486,000 | -12,147,145,000 | -7,364,675,000 | -6,326,778,000 | -5,412,399,000 | -1,978,277,000 | -1,662,342,000 | -7,364,675,000 | -1,736,617,000 | -2,378,556,000 | -1,597,692,000 | ||||
total equity | 862,215,000 | 2,843,664,000 | 3,343,691,000 | 3,321,480,000 | 3,321,480,000 | 3,667,675,000 | 3,634,973,000 | 3,694,629,000 | 3,321,480,000 | 3,302,779,000 | 3,302,779,000 | 3,109,795,000 | 2,116,229,000 | 3,711,696,000 | 3,302,779,000 | 2,057,769,000 | 2,373,775,000 | 2,679,571,000 | 2,463,016,000 | 2,803,700,000 | 2,057,769,000 | 2,676,176,000 | 2,027,391,000 | -1,317,539,000 |
total equity and liabilities | 32,789,307,000 | 29,172,853,000 | 26,374,381,000 | 26,144,918,000 | 26,144,918,000 | 24,477,450,000 | 20,558,525,000 | 20,318,624,000 | 26,144,918,000 | 17,580,615,000 | 17,580,615,000 | 11,460,647,000 | 10,054,870,000 | 15,470,560,000 | 17,580,615,000 | 10,067,371,000 | 8,892,322,000 | 8,328,060,000 | 7,163,727,000 | 7,881,364,000 | 10,067,371,000 | 7,881,363,000 | 5,937,371,000 | 1,988,758,000 |
other non-current liabilites | 499,946,000 | 499,946,000 | ||||||||||||||||||||||
| 2,024,000 | 2,023,000 | 2,021,000 | |||||||||||||||||||||
share premium | 20,910,909,000 | 14,483,368,000 | 4,260,737,000 | |||||||||||||||||||||
trade receivables | 3,338,213,000 | 2,779,751,000 | 2,962,044,000 | 2,373,275,000 | 2,373,275,000 | 601,881,000 | 542,147,000 | 1,537,166,000 | 2,373,275,000 | 664,221,000 | 281,129,000 | 215,673,000 | 341,442,000 | 224,691,000 | 664,221,000 | 224,691,000 | 295,301,000 | 178,748,000 | ||||||
loan receivables | 543,211,000 | 255,893,000 | 46,866,000 | 799,000 | 1,905,000 | 2,207,000 | 168,000 | 799,000 | 3,514,000 | 6,606,000 | 8,675,000 | 10,980,000 | 3,514,000 | |||||||||||
restricted reserves | 1,586,000 | 1,586,000 | 1,586,000 | 1,586,000 | 1,586,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-11-05 | 2025-07-31 | 2025-05-08 | 2025-04-30 | 2025-03-31 | 2024-12-10 | 2024-09-11 | 2024-06-30 | 2024-06-13 | 2024-03-31 | 2024-03-25 | 2023-12-31 | 2023-08-24 | 2023-06-30 | 2023-05-25 | 2023-05-12 | 2023-03-31 | 2023-03-22 | 2022-12-31 | 2022-09-28 | 2022-06-30 | 2022-06-01 | 2022-03-31 | 2022-03-24 | 2021-11-23 | 2021-08-26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
loss before income taxes | -2,507,651,000 | -1,100,239,000 | -355,084,000 | -130,734,000 | -192,835,000 | -2,899,814,000 | -1,505,900,000 | -239,713,000 | -625,803,000 | -1,339,792,000 | -561,387,000 | |||||||||||||||
adjustments to reconcile loss before income taxes to cash flows from operating activities: | 9,346,499,000 | 5,758,437,000 | 9,232,046,000 | 977,621,000 | 3,000,318,000 | 1,582,849,000 | 68,550,000 | -322,773,000 | 576,318,000 | 403,662,000 | ||||||||||||||||
interest and commission expenses | 7,047,252,000 | 4,010,316,000 | 1,673,490,000 | 7,319,535,000 | 4,419,307,000 | 2,624,808,000 | 1,188,599,000 | 3,203,949,000 | 643,724,000 | 295,003,000 | 1,611,358,000 | 1,141,806,000 | 415,603,000 | 190,335,000 | 632,564,000 | 406,288,000 | 244,262,000 | |||||||||
depreciation and amortization | 2,271,762,000 | 1,402,221,000 | 657,329,000 | 2,048,138,000 | 1,388,824,000 | 838,659,000 | 387,182,000 | 1,174,133,000 | 394,297,000 | 177,884,000 | 745,314,000 | 512,761,000 | 197,042,000 | 62,321,000 | 140,925,000 | 96,079,000 | 58,816,000 | |||||||||
interest income on time deposits | -1,686,239,000 | -920,100,000 | -337,405,000 | -1,729,070,000 | -620,936,000 | -384,467,000 | -145,783,000 | -504,054,000 | -45,679,000 | -201,147,000 | -58,984,000 | -11,699,000 | -42,528,000 | -25,640,000 | -14,231,000 | |||||||||||
interest income on financial investments | -1,654,000 | -3,066,000 | -2,891,000 | -1,676,000 | -657,000 | |||||||||||||||||||||
interest income on credit sales | -1,182,950,000 | -842,716,000 | -448,527,000 | -1,373,524,000 | -877,774,000 | -558,746,000 | -284,188,000 | -372,293,000 | -92,136,000 | -37,737,000 | -203,270,000 | -125,574,000 | -40,708,000 | -14,662,000 | -33,381,000 | -24,933,000 | -18,884,000 | |||||||||
provision for unused vacation liability | 191,835,000 | 91,295,000 | 71,536,000 | 41,712,000 | 35,125,000 | 47,446,000 | 34,061,000 | 78,731,000 | 21,560,000 | -1,916,000 | 63,293,000 | 24,245,000 | 11,704,000 | 8,816,000 | 10,862,000 | 7,530,000 | 4,554,000 | |||||||||
provision for personnel bonus | 454,365,000 | 422,983,000 | 277,602,000 | 448,108,000 | 238,381,000 | 154,175,000 | 138,731,000 | 234,176,000 | 80,573,000 | 34,201,000 | 139,275,000 | 137,938,000 | 35,082,000 | 15,493,000 | 39,275,000 | |||||||||||
provision for legal cases | 16,198,000 | 5,771,000 | 1,359,000 | 18,211,000 | 11,549,000 | 3,037,000 | 536,000 | 18,604,000 | 7,200,000 | 1,451,000 | 8,816,000 | 13,541,000 | 457,000 | 120,000 | 1,721,000 | 1,044,000 | 232,000 | |||||||||
provision for doubtful receivables | 692,736,000 | 534,295,000 | 181,793,000 | 258,535,000 | 122,256,000 | 84,926,000 | 30,503,000 | 49,046,000 | 14,859,000 | 7,456,000 | 28,970,000 | 19,471,000 | 9,417,000 | 1,314,000 | 3,293,000 | 2,916,000 | 1,352,000 | |||||||||
provision for impairment of trade goods | 225,214,000 | 249,518,000 | 13,664,000 | -17,610,000 | 29,476,000 | 44,166,000 | 21,201,000 | 34,832,000 | 45,622,000 | 11,152,000 | 91,961,000 | -10,570,000 | 10,216,000 | 440,000 | -4,780,000 | -1,419,000 | -1,879,000 | |||||||||
provision for post-employment benefits | 79,538,000 | 50,828,000 | 22,463,000 | 69,756,000 | 48,875,000 | 31,164,000 | 15,053,000 | 57,644,000 | 23,052,000 | 1,939,000 | 39,699,000 | 4,042,000 | 1,566,000 | 834,000 | 1,713,000 | 1,285,000 | 856,000 | |||||||||
provision for share based payment | 211,886,000 | 68,598,000 | 43,059,000 | 179,945,000 | 61,016,000 | 41,563,000 | 25,094,000 | 106,402,000 | 36,480,000 | 22,909,000 | 56,328,000 | 159,549,000 | 64,867,000 | 28,500,000 | 138,519,000 | 190,812,000 | 131,918,000 | |||||||||
fair value gains of financial investments | -54,101,000 | -33,225,000 | -3,462,000 | -39,371,000 | ||||||||||||||||||||||
provision for license fee | 214,006,000 | 122,866,000 | 45,464,000 | 180,023,000 | ||||||||||||||||||||||
provision for turkish capital markets board fee | 2,162,000 | -422,000 | 734,000 | 24,028,000 | 19,938,000 | 29,332,000 | ||||||||||||||||||||
net foreign exchange differences | -348,328,000 | -237,346,000 | -138,271,000 | -515,346,000 | -403,056,000 | -298,778,000 | -236,928,000 | -285,785,000 | -1,148,164,000 | -65,716,000 | -996,695,000 | -1,424,287,000 | -765,658,000 | -198,698,000 | -1,251,206,000 | -77,644,000 | -3,334,000 | |||||||||
monetary gains on provisions | -397,228,000 | -205,425,000 | -118,479,000 | -70,474,000 | ||||||||||||||||||||||
monetary losses on non-operating activities | 1,612,207,000 | 1,041,624,000 | 559,865,000 | 965,208,000 | ||||||||||||||||||||||
changes in net working capital | ||||||||||||||||||||||||||
change in trade payables and payables to merchants | 4,636,924,000 | 1,232,022,000 | -970,405,000 | -226,349,000 | 724,005,000 | -802,010,000 | -108,311,000 | 1,044,052,000 | -690,642,000 | -827,331,000 | 60,552,000 | -787,039,000 | -1,570,011,000 | -544,893,000 | 2,037,600,000 | 943,561,000 | 437,101,000 | |||||||||
change in inventories | -2,426,303,000 | -739,985,000 | -512,950,000 | -354,311,000 | -1,898,016,000 | -935,356,000 | -463,305,000 | -1,174,588,000 | -542,668,000 | 37,975,000 | -1,235,850,000 | 1,098,569,000 | 255,050,000 | -299,145,000 | -864,558,000 | -151,454,000 | 163,399,000 | |||||||||
change in trade and loan receivables | 419,828,000 | -289,999,000 | 341,188,000 | -2,058,653,000 | ||||||||||||||||||||||
change in contract liabilities and merchant advances | -34,855,000 | 13,672,000 | -238,179,000 | -149,683,000 | -74,711,000 | -248,314,000 | 188,629,000 | 290,783,000 | 47,618,000 | -86,125,000 | 10,329,000 | 278,410,000 | -19,891,000 | 35,267,000 | 68,542,000 | 126,375,000 | 94,412,000 | |||||||||
change in contract assets | -8,476,000 | -519,000 | 620,000 | -12,347,000 | -5,461,000 | -1,673,000 | -8,226,000 | 2,859,000 | -36,202,000 | -3,824,000 | -6,927,000 | -3,272,000 | 1,099,000 | -1,293,000 | 48,385,000 | 48,894,000 | 45,170,000 | |||||||||
change in other liabilities | -574,296,000 | -512,349,000 | -213,030,000 | 415,684,000 | -26,063,000 | -39,855,000 | 254,150,000 | 292,892,000 | -270,635,000 | -48,038,000 | -18,881,000 | -46,379,000 | -111,527,000 | 17,771,000 | 255,593,000 | 155,443,000 | 81,830,000 | |||||||||
change in other assets and receivables | -540,329,000 | -193,402,000 | -289,572,000 | 825,903,000 | -69,087,000 | 26,693,000 | 138,983,000 | 73,962,000 | 65,546,000 | 125,413,000 | 4,370,000 | 206,946,000 | 45,947,000 | -121,112,000 | -423,441,000 | -159,270,000 | -2,037,000 | |||||||||
change in due from related parties | 18,262,000 | 16,987,000 | 16,024,000 | -1,302,000 | 5,333,000 | -10,264,000 | 561,000 | -6,352,000 | -7,691,000 | -190,000 | -1,814,000 | 1,870,000 | 1,604,000 | -966,000 | 1,224,000 | 2,065,000 | 2,184,000 | |||||||||
change in due to related parties | -16,232,000 | -15,099,000 | -14,244,000 | 6,244,000 | 7,036,000 | -136,000 | 1,353,000 | -8,594,000 | -2,127,000 | 6,400,000 | -1,821,000 | -25,416,000 | -12,384,000 | -4,196,000 | 5,117,000 | 1,897,000 | 2,399,000 | |||||||||
post-employment benefits paid | -32,930,000 | -21,044,000 | -9,224,000 | -35,363,000 | -21,810,000 | -13,779,000 | -7,779,000 | -20,725,000 | -10,472,000 | -7,516,000 | -17,176,000 | -4,908,000 | -1,507,000 | -539,000 | -3,005,000 | -2,967,000 | -1,825,000 | |||||||||
payments for concluded litigation | -5,111,000 | -938,000 | -1,037,000 | -69,354,000 | -63,262,000 | -5,589,000 | -4,993,000 | -394,783,000 | -284,923,000 | -1,233,000 | -356,424,000 | -27,728,000 | -1,177,000 | -67,000 | -558,000 | -555,000 | -555,000 | |||||||||
payments for personnel bonus | -484,595,000 | -450,768,000 | -425,225,000 | -272,718,000 | -256,627,000 | -235,612,000 | -217,344,000 | -175,698,000 | -127,715,000 | -119,982,000 | -159,791,000 | -74,807,000 | -64,826,000 | -53,028,000 | -13,464,000 | -13,464,000 | -13,464,000 | |||||||||
payments for unused vacation liabilities | -19,863,000 | -14,041,000 | -10,678,000 | -8,861,000 | -6,177,000 | -3,284,000 | -1,605,000 | -11,236,000 | -2,363,000 | -1,301,000 | -4,671,000 | -2,802,000 | -913,000 | -571,000 | -2,506,000 | -1,333,000 | -925,000 | |||||||||
payments for license fee | -205,158,000 | -190,837,000 | -180,023,000 | |||||||||||||||||||||||
collections of doubtful receivables | 5,286,000 | 23,014,000 | 25,996,000 | 11,650,000 | 2,388,000 | -894,000 | -150,000 | 3,977,000 | 3,563,000 | 2,725,000 | ||||||||||||||||
payments for share based payment | -678,977,000 | |||||||||||||||||||||||||
net cash from/ used in operating activities | 6,892,023,000 | 5,697,678,000 | ||||||||||||||||||||||||
investing activities: | ||||||||||||||||||||||||||
purchases of property and equipment and intangible assets | -1,712,722,000 | -1,104,944,000 | -595,966,000 | -2,010,546,000 | -1,319,291,000 | -874,209,000 | -429,051,000 | -1,153,718,000 | -404,603,000 | -215,102,000 | -750,986,000 | -845,149,000 | -333,290,000 | -119,431,000 | -214,790,000 | -138,037,000 | -81,053,000 | |||||||||
proceeds from sale of property and equipment | 8,792,000 | 7,381,000 | 1,360,000 | 14,788,000 | 14,171,000 | 5,362,000 | 2,892,000 | 7,558,000 | 1,160,000 | 979,000 | 12,222,000 | 192,000 | 207,000 | 20,000 | 1,212,000 | 1,088,000 | 694,000 | |||||||||
purchase of financial instruments | -2,256,941,000 | -6,428,347,000 | -9,540,307,000 | -7,553,998,000 | -5,072,151,000 | -404,600,000 | -1,194,185,000 | |||||||||||||||||||
proceeds from sale of financial investment | 3,253,883,000 | 6,147,437,000 | 7,745,450,000 | 6,273,722,000 | 3,427,578,000 | 19,619,000 | 18,431,000 | 615,738,000 | 3,195,140,000 | 1,339,149,000 | 147,643,000 | |||||||||||||||
interest received on credit sales | 1,073,724,000 | 822,594,000 | 398,970,000 | 1,442,488,000 | 970,512,000 | 564,757,000 | 256,884,000 | 598,998,000 | 92,136,000 | 50,428,000 | 203,270,000 | 125,574,000 | 40,708,000 | 14,662,000 | 33,381,000 | 24,933,000 | 18,884,000 | |||||||||
interest income on time deposits and financial instruments | 1,680,960,000 | 1,728,887,000 | 618,182,000 | 372,957,000 | 513,446,000 | -133,916,000 | -241,045,000 | |||||||||||||||||||
net cash from investing activities | 2,042,696,000 | 1,561,990,000 | 2,170,923,000 | 894,707,000 | -1,511,283,000 | -1,211,409,000 | -1,678,289,000 | -570,929,000 | -107,527,000 | -886,231,000 | 1,096,087,000 | -361,381,000 | -126,663,000 | -1,006,418,000 | -136,949,000 | -80,359,000 | ||||||||||
financing activities: | ||||||||||||||||||||||||||
proceeds from borrowings | 5,174,738,000 | 2,916,597,000 | 1,094,556,000 | 5,223,438,000 | 2,064,848,000 | 766,285,000 | 249,703,000 | 577,338,000 | 197,824,000 | 16,352,000 | 418,470,000 | 944,695,000 | 770,041,000 | 324,002,000 | 1,750,046,000 | 1,045,945,000 | 508,730,000 | |||||||||
repayment of borrowings | -6,094,058,000 | -3,504,348,000 | -1,317,059,000 | -3,791,221,000 | -1,261,709,000 | -480,575,000 | -121,355,000 | -379,753,000 | -136,099,000 | -7,177,000 | -206,328,000 | -1,168,333,000 | -697,894,000 | -340,499,000 | -1,912,509,000 | -1,267,644,000 | -700,402,000 | |||||||||
interest and commission paid | -6,638,150,000 | -3,707,780,000 | -1,479,708,000 | -6,826,806,000 | -4,099,753,000 | -2,361,222,000 | -1,072,612,000 | -3,172,108,000 | -611,193,000 | -279,206,000 | -1,555,161,000 | -1,049,930,000 | -368,608,000 | -175,614,000 | -598,205,000 | -385,604,000 | -231,386,000 | |||||||||
lease payments | -719,576,000 | -470,538,000 | -225,349,000 | -471,348,000 | -279,737,000 | -156,021,000 | -76,362,000 | -307,475,000 | -105,226,000 | -51,922,000 | -190,518,000 | -200,850,000 | -81,095,000 | -34,251,000 | -104,829,000 | -73,338,000 | -46,431,000 | |||||||||
cash outflows from purchase of treasury shares | -48,023,000 | |||||||||||||||||||||||||
net cash from financing activities | -8,277,046,000 | -4,766,069,000 | -1,927,560,000 | -5,865,937,000 | -3,576,351,000 | -2,231,533,000 | -1,020,626,000 | -3,330,021,000 | -654,694,000 | -321,953,000 | -1,533,537,000 | -1,474,418,000 | -292,341,000 | -201,505,000 | 3,291,191,000 | 3,458,897,000 | -436,684,000 | |||||||||
net increase in cash and cash equivalents | 657,673,000 | 310,833,000 | 726,448,000 | 10,809,000 | 50,418,000 | -1,932,984,000 | 2,374,248,000 | 3,366,556,000 | 109,928,000 | |||||||||||||||||
cash and cash equivalents at 1 january | 8,464,979,000 | 7,874,078,000 | 7,427,904,000 | 7,939,626,000 | 7,471,184,000 | 6,859,360,000 | 6,327,538,000 | 8,666,727,000 | 6,299,875,000 | 5,918,412,000 | 7,882,080,000 | 6,262,950,000 | 5,427,391,000 | 3,812,605,000 | 592,281,000 | 592,281,000 | 592,281,000 | |||||||||
effects of inflation on cash and cash equivalents | -1,750,623,000 | -1,125,248,000 | -677,546,000 | |||||||||||||||||||||||
effects of exchange rate changes on cash and cash equivalents and restricted cash | 30,808,000 | 22,539,000 | 21,585,000 | 49,919,000 | 37,361,000 | 33,038,000 | 174,424,000 | 1,148,164,000 | 987,164,000 | |||||||||||||||||
cash and cash equivalents at 30 september | 7,402,837,000 | 4,252,349,000 | 5,691,428,000 | 4,036,488,000 | ||||||||||||||||||||||
gmv | 42.7 | 36.3 | 15,100,000,000 | 8,400,000,000 | 9,600,000,000 | 8,300,000,000 | ||||||||||||||||||||
marketplace gmv | 29.4 | 24.8 | 10,300,000,000 | 5,700,000,000 | 6,100,000,000 | 5,400,000,000 | ||||||||||||||||||||
share of marketplace gmv | 68.8 | 68.4 | 68,200,000,000 | -100,000,000 | 64,000,000,000 | 65,400,000,000 | ||||||||||||||||||||
number of orders1 | ||||||||||||||||||||||||||
active customers1 | ||||||||||||||||||||||||||
revenue | 14,386.9 | 11,309.6 | 4,629,500,000,000 | 2,254,000,000,000 | 2,985,200,000,000 | 2,527,900,000,000 | ||||||||||||||||||||
gross contribution | 5,322.4 | 3,804 | 1,409,100,000,000 | 606,000,000,000 | 475,000,000,000 | 688,300,000,000 | ||||||||||||||||||||
gross contribution margin | 12.5 | 10.5 | 9,300,000,000 | -600,000,000 | 5,000,000,000 | 8,300,000,000 | ||||||||||||||||||||
net income for the period | -355.1 | -130.7 | -192,800,000,000 | -566,300,000,000 | ||||||||||||||||||||||
ebitda | 108.8 | 289.4 | 7,300,000,000 | 392,200,000,000 | -593,800,000,000 | |||||||||||||||||||||
ebitda as a percentage of gmv | 0.3 | 0.8 | -6,200,000,000 | |||||||||||||||||||||||
net cash (used in)/provided by operating activities | -337.2 | -1,242,500,000,000 | ||||||||||||||||||||||||
free cash flow | -931.8 | 1,029.6 | -153,900,000,000 | 728,200,000,000 | 184,600,000,000 | |||||||||||||||||||||
net cash from operating activities | 3,514,912,000 | -337,234,000 | 3,397,785,000 | 1,340,460,000 | 1,455,737,000 | 1,455.7 | 5,019,119,000 | -367,519,000 | 60,214,000 | 1,780,742,000 | 428,749,000 | -1,279,262,000 | -1,242,524,000 | 89,475,000 | 44,608,000 | 626,971,000 | ||||||||||
capital expenditures | -1,104,944,000 | -595,966,000 | -1,319,291,000 | -874,209,000 | -429,051,000 | 0 | -1,153,718,000 | -404,603,000 | -215,102,000 | -750,986,000 | -845,149,000 | -333,290,000 | -119,431,000 | -214,790,000 | -138,037,000 | -81,053,000 | ||||||||||
free cash flows | 2,409,968,000 | -933,200,000 | 2,078,494,000 | 466,251,000 | 1,026,686,000 | 1,455.7 | 3,865,401,000 | -772,122,000 | -154,888,000 | 1,029,756,000 | -416,400,000 | -1,612,552,000 | -1,361,955,000 | -125,315,000 | -93,429,000 | 545,918,000 | ||||||||||
purchase of financial investments | -2,099,114,000 | -320,673,000 | -5,033,121,000 | -1,571,400,000 | -1,363,461,000 | -151,456,000 | -792,840,000 | |||||||||||||||||||
proceeds from sale of financial investments | 3,021,793,000 | 2,365,984,000 | 2,588,076,000 | |||||||||||||||||||||||
interest income on time deposits and financial investments | 914,280,000 | 321,248,000 | 141,210,000 | |||||||||||||||||||||||
cash and cash equivalents at 30 june | 7,082,202,000 | 3,667,510,000 | 4,851,643,000 | 2,670,410,000 | 705,587,000 | |||||||||||||||||||||
adjustments to reconcile income before income taxes to cash flows from operating activities: | 2,498,589,000 | 6,200,967,000 | 4,008,961,000 | 2,029,501,000 | 6,477,307,000 | 634,205,000 | 3,406,803,000 | |||||||||||||||||||
net decrease in cash and cash equivalents | -93,871,000 | -1,689,849,000 | -2,102,482,000 | -2,037,999,000 | -1,593,142,000 | -369,266,000 | -639,026,000 | -1,570,692,000 | ||||||||||||||||||
cash and cash equivalents at 31 march | 6,678,072,000 | 4,969,516,000 | 2,326,317,000 | |||||||||||||||||||||||
income/loss before income taxes | -1,604,907,000 | |||||||||||||||||||||||||
provision for loan receivables | 160,138,000 | |||||||||||||||||||||||||
adjustment for impairment loss of financial investments | -127,621,000 | -343,120,000 | -109,025,000 | -237,515,000 | -144,048,000 | -901,000 | -198,588,000 | 45,506,000 | 49,714,000 | -13,683,000 | 40,250,000 | |||||||||||||||
provision competition board penalty | -5,799,000 | |||||||||||||||||||||||||
provision for settlement of legal proceedings | 12,263,000 | 14,332,000 | 280,660,000 | |||||||||||||||||||||||
contribution income for settlement | -121,820,000 | -108,822,000 | ||||||||||||||||||||||||
change in provisions due to inflation | -257,708,000 | -181,423,000 | -119,273,000 | -295,992,000 | -107,124,000 | -75,317,000 | -220,031,000 | -172,428,000 | -87,441,000 | |||||||||||||||||
monetary effect on non-operating activities | 2,530,500,000 | 2,272,627,000 | 1,610,107,000 | 3,440,994,000 | 1,052,043,000 | 652,892,000 | 2,661,704,000 | 2,600,604,000 | 1,740,993,000 | |||||||||||||||||
inflation effect on cash and cash equivalents | -1,967,204,000 | -1,566,347,000 | -1,122,406,000 | -3,352,795,000 | -1,003,254,000 | -651,845,000 | -2,538,790,000 | -2,029,040,000 | -1,301,684,000 | |||||||||||||||||
cash and cash equivalents at 31 december | 6,748,789,000 | 5,499,165,000 | 5,259,801,000 | 3,945,895,000 | ||||||||||||||||||||||
number of orders (million)1 | 23.8 | |||||||||||||||||||||||||
number of orders (excl. digital products) (million)1 | 18.2 | |||||||||||||||||||||||||
active customers | 12 | 12.1 | ||||||||||||||||||||||||
· | ||||||||||||||||||||||||||
| ||||||||||||||||||||||||||
income before income taxes | -880,568,000 | -526,267,000 | 75,534,000 | 675,830,000 | 654,470,000 | |||||||||||||||||||||
provision for competition authority investigation | ||||||||||||||||||||||||||
share-based payment expense | ||||||||||||||||||||||||||
fair value losses of financial investments | ||||||||||||||||||||||||||
purchases of financial investments | ||||||||||||||||||||||||||
cash outlows due to acquisition of subsidiary | ||||||||||||||||||||||||||
interest received on time deposits | 37,737,000 | 196,114,000 | 44,507,000 | 10,195,000 | 41,701,000 | 24,200,000 | 13,921,000 | |||||||||||||||||||
acquisition of treasury shares | ||||||||||||||||||||||||||
cash and cash equivalents at beginning of the year | ||||||||||||||||||||||||||
effects of exchange rate changes on cash and cash equivalents | 72,215,000 | 975,473,000 | 477,687,000 | 84,404,000 | 979,366,000 | 77,651,000 | 3,378,000 | |||||||||||||||||||
cash and cash equivalents at end of the year | ||||||||||||||||||||||||||
interest income on financial instruments | -2,322,000 | -379,000 | -1,184,000 | |||||||||||||||||||||||
changes in working capital | ||||||||||||||||||||||||||
change in trade receivables | -237,774,000 | 126,945,000 | -215,143,000 | -1,448,682,000 | 185,614,000 | 201,180,000 | -552,277,000 | -285,199,000 | 122,325,000 | -98,589,000 | -74,855,000 | -144,673,000 | -25,718,000 | |||||||||||||
number of orders | 29.3 | 24,100,000,000 | 16,500,000,000 | 14,100,000,000 | 15,000,000,000 | |||||||||||||||||||||
active customer | 11,900,000,000 | 400,000,000 | 11,700,000,000 | 12,000,000,000 | ||||||||||||||||||||||
operating income/ | ||||||||||||||||||||||||||
income/(loss) for the period | ||||||||||||||||||||||||||
net cash from by investing activities | -2,473,110,000 | |||||||||||||||||||||||||
provision for the competition board penalty | -126,589,000 | -115,128,000 | ||||||||||||||||||||||||
non-cash charges | ||||||||||||||||||||||||||
payment for acquired businesses, net of cash acquired | -4,384,000 | -3,986,000 | -3,439,000 | |||||||||||||||||||||||
proceed from share capital and share premium increase | ||||||||||||||||||||||||||
net income/(loss) for the period | ||||||||||||||||||||||||||
reversal of provision for the competition board penalty | -92,018,000 | |||||||||||||||||||||||||
interest received on time deposits and financial instruments | 125,359,000 | |||||||||||||||||||||||||
4 | ||||||||||||||||||||||||||
non cash charges | -1,021,000 | -881,000 | ||||||||||||||||||||||||
net cash provided by/(used in) operating activities | 60,200,000,000 | 751,400,000,000 | 396,700,000,000 | |||||||||||||||||||||||
income/(loss) before income taxes | ||||||||||||||||||||||||||
benefit from unused vacation liability | ||||||||||||||||||||||||||
benefit from personnel bonus | ||||||||||||||||||||||||||
benefit from legal cases | ||||||||||||||||||||||||||
benefit from doubtful receivables | ||||||||||||||||||||||||||
benefit from impairment of trade goods | ||||||||||||||||||||||||||
benefit from post-employment benefits | ||||||||||||||||||||||||||
benefit from share based payment | ||||||||||||||||||||||||||
benefit from the competition board penalty | ||||||||||||||||||||||||||
benefit from settlement of legal proceedings | ||||||||||||||||||||||||||
benefit from turkish capital markets board fee | ||||||||||||||||||||||||||
net cash (used in)/provided by investing activities | ||||||||||||||||||||||||||
proceed from share capital and share premiums increase | 4,081,606,000 | 4,090,405,000 | ||||||||||||||||||||||||
net (loss)/income for the period | -239,700,000,000 | |||||||||||||||||||||||||
3 | ||||||||||||||||||||||||||
ebitda1 | -593,800,000,000 | -302,900,000,000 | ||||||||||||||||||||||||
free cash flow1 | 184,600,000,000 | -1,361,900,000,000 | ||||||||||||||||||||||||
adjustment for fair value loss of financial investments | ||||||||||||||||||||||||||
● |
