Hepsiburada (ADR) (HEPS)
Combines a marketplace, direct retail, payments, delivery, loyalty, and advertising in Türkiye.
$2.57
vs last close+0.07 (+3.01%)
In millions of USD, except per-share figures · converted from TRY at the latest rate
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 247 | 286 | 320 | 280 | 251 | 419 | 295 | 343 | 408 | 622 | 474 | 467 |
| Cost of revenue | 173 | 199 | 212 | 168 | 151 | 263 | 186 | 213 | 256 | 409 | 300 | 291 |
| Gross profit | 74 | 87 | 108 | 112 | 100 | 156 | 109 | 130 | 152 | 213 | 174 | 177 |
| 79 | 93 | 110 | 113 | 99 | 153 | 120 | 129 | 164 | 207 | 183 | 190 | |
| Research & development | 0 | 0 | 0 | 0 | 3 | 6 | 0 | 0 | 0 | 0 | 0 | 0 |
| 43 | 83 | 89 | 90 | 80 | 130 | 92 | 96 | 133 | 200 | 149 | 156 | |
| Selling & marketing | 18 | 48 | 55 | 57 | 49 | 71 | 53 | 59 | 87 | 127 | 94 | 101 |
| General & administrative | 25 | 35 | 34 | 33 | 31 | 59 | 39 | 37 | 46 | 74 | 56 | 55 |
| Other expenses | 36 | 10 | 22 | 23 | 16 | 17 | 28 | 33 | 31 | 7 | 34 | 34 |
| Operating income | −5 | −6 | −3 | −1 | 1 | 3 | −11 | 1 | −12 | 6 | −9 | −14 |
| −1 | −6 | −1 | −10 | −7 | −18 | 4 | −16 | −15 | −72 | −11 | −25 | |
| Interest income | 15 | 15 | 23 | 10 | 17 | 13 | 20 | 23 | 24 | 13 | 21 | 19 |
| Interest expense | 28 | 32 | 38 | 11 | 33 | 53 | 36 | 48 | 58 | 0 | 62 | 66 |
| Other non-operating income | −27 | −14 | −37 | −28 | −26 | 55 | −40 | −33 | −43 | 137 | −51 | −41 |
| Income before tax | −6 | −12 | −4 | −11 | −6 | −15 | −7 | −15 | −27 | −66 | −20 | −39 |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −1 | 1 | 0 |
| Net income from continuing operations | −6 | −12 | −4 | −11 | −6 | −15 | −7 | −15 | −27 | −65 | −20 | −39 |
| Net income | −6 | −12 | −4 | −11 | −6 | −15 | −7 | −15 | −27 | −65 | −20 | −39 |
| EPS, basic | −$0.01 | −$0.04 | −$0.01 | −$0.02 | −$0.02 | −$0.04 | −$0.02 | −$0.05 | −$0.08 | −$0.21 | −$0.06 | −$0.10 |
| EPS, diluted | −$0.01 | −$0.04 | −$0.01 | −$0.02 | −$0.02 | −$0.04 | −$0.02 | −$0.05 | −$0.08 | −$0.21 | −$0.06 | −$0.10 |
| Weighted average shares, basic | 324 | 325 | 327 | 320 | 320 | 335 | 323 | 323 | 323 | 308 | 367 | 371 |
| Weighted average shares, diluted | 324 | 325 | 327 | 320 | 320 | 335 | 323 | 323 | 323 | 308 | 367 | 371 |
| EBITDA | 31 | 17 | 45 | 39 | 38 | −39 | 43 | 49 | 49 | −113 | 60 | 48 |
| Depreciation & amortization | 9 | 9 | 11 | 12 | 11 | 14 | 13 | 15 | 18 | 18 | 18 | 20 |
| EBIT | 22 | 8 | 34 | 27 | 27 | −52 | 29 | 33 | 31 | −132 | 42 | 27 |
