To the full analysis
D-Market Elektronik Hizmetler ve Ticaret A.S. stock: growth
HEPSD-Market Elektronik Hizmetler ve Ticaret A.S. reported $1.68B in revenue for fiscal 2025, up 48.4% on the prior year, up 41% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
71.3%
per year from 2018 to 2025, per share 72%
Earnings (Annual rate)
no data
Free cash flow (Annual rate)
51.6%
per year from 2018 to 2025, per share 52.2%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2018 | |
|---|---|---|
| Revenue | 41.0% | 71.3% |
| Revenue per share | 41.9% | 72.0% |
| Earnings | no data | no data |
| Earnings per share | no data | no data |
| Free cash flow | 156.2% | 51.6% |
| Free cash flow per share | 157.7% | 52.2% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2018 | $38.91M | −$3.21M | $2.37M |
| 2019 | $51.81M | −$2.62M | $6.17M |
| 2020 | $301.88M | −$18.64M | $394.33K |
| 2021 | $493.3M | −$66.26M | −$1.09M |
| 2022 | $760.65M | −$137.63M | −$1.52M |
| 2023 | $707.52M | $1.5M | $1.01M |
| 2024 | $1.14B | −$31.93M | −$854.02K |
| 2025 | $1.68B | −$113.4M | $43.5M |
Revenue by segment
How D-Market Elektronik Hizmetler ve Ticaret A.S. makes its money and how that has shifted. Names are as the company reports them.
- Sales of goods67%
- Delivery service revenues15%
- Marketplace revenues12%
- Advertising3%
- Subscription service2%
- Other2%
“Other” combines smaller and former segments with revenue the company does not assign to a segment. Names as reported, with abbreviations spelled out for the largest companies.
Figures as a table
| 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|
| Sales of goods | $524.37M | $767.58M | $1.14B | 67.5% |
| Delivery service revenues | $72.08M | $156.51M | $245.85M | 14.6% |
| Marketplace revenues | $89.27M | $144.29M | $196.48M | 11.7% |
| Advertising | no data | $26.78M | $42.4M | 2.5% |
| Subscription service | no data | $19.94M | $33.4M | 2% |
| Other | $21.81M | $19.99M | $30.04M | 1.8% |
| Total revenue | $707.52M | $1.14B | $1.68B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = TRY 50.2577)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 25 Apr 2025)
- Valuation signal Fairly valued since 11 Nov 2026, previously Overvalued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.