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D-MARKET Electronic Services & Trading

corporate_fare Company Profile

D-MARKET Electronic Services & Trading

HEPS·NASDAQ·Trade & Services·CIK 0001850235

D-Market Elektronik Hizmetler ve Ticaret A.S. operates e-commerce platforms in Turkey. The company runs a retail website offering a wide range of products, including electronics and non-electronics such as books, sports equipment, toys, kids and baby products, cosmetics, and furniture. Beyond its core retail operations, D-Market Elektronik Hizmetler ve Ticaret A.S. provides various supporting services. These include HepsiJet, which handles last-mile delivery, and HepsiLojistik, offering fulfillment services. The company also operates HepsiMat, an offline network of pick-up and drop-off points, and HepsiAd, which provides advertising services. Furthermore, it offers financial technology solutions through Hepsipay and Hepsifinans, encompassing e-wallet services, e-money, payment facilitation, and consumer lending. The company was incorporated in 2000, is headquartered in Istanbul, Turkey, and is a subsidiary of Joint Stock Company Kaspi.kz.

D-MARKET Electronic Services & Trading (NASDAQ:HEPS) is a publicly traded company in the Trade & Services sector. Wiseek monitors HEPS SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • Hepsiburada proposes a 19.7% dilutive capital increase, excluding ADS holders
  • Hepsiburada Completes Planned CEO Transition, Appoints New Leadership Structure
  • D-MARKET Q1 Revenue Jumps 22.9%, EBITDA Doubles, But Net Loss Widens to TRY 992M
  • D-MARKET Electronic Services & Trading Reports Strong Q1 Operational Growth and EBITDA Improvement Amid Widening Net Loss
  • D-MARKET Electronic Services & Trading Reports Deepening Losses, Persistent Internal Control Weaknesses, and CEO Transition in 2025 Annual Report

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
84.65B
Net Income
-5.7B
Diluted EPS
-15.31
Op. Cash Flow
11.28B
Free Cash Flow
8.87B
Operating Income
-2.03B
Cash & Equivalents
11.31B
Debt / Equity
0.00×
Net Margin
-6.7%
Source: 20-F · filed 2026-04-30 · accession 0001104659-26-053195

Dilution Risk

Low risk

Filing-implied dilution signals for HEPS, detected from its recent SEC filings · based on capital-structure filings through 2026-07-14.

19.7% Dilutive Capital Increase Proposed · ADS Holders Excluded from Rights Offering

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

Insider Transactions

HEPS files as a Foreign Private Issuer (FPI). Under SEC Exchange Act Section 16(a), officers, directors, and 10% owners of FPIs are exempt from Form 4 insider-transaction reporting requirements. Comparable disclosures, when applicable, appear in the company's Form 20-F (annual) or Form 6-K (interim) filings on SEC EDGAR.

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$2.96
52-week range · as of 2026-07-14 $2.15 – $3.33
Market cap
$1.01B
Volume
93.9K (0.4× avg)
3-mo avg 228.2K
Live data · 2026-07-29 05:27 UTC · Market overnight

show_chartPrice Chart

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feed HEPS - Latest Insights

HEPS
Jul 14, 2026, 4:15 PM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $2.95
Real-time Price: $2.96 info
Change: +$0.0100 (+0.34%) info
Market Cap: $1.015B info
HEPS
Jun 30, 2026, 8:00 AM EDT
Filing Type: 6-K
Importance Score:
7
Price at Filing: $2.90
Real-time Price: $2.96 info
Change: +$0.060 (+2%) info
Market Cap: $1.015B info
HEPS
May 07, 2026, 4:44 PM EDT
Source: Reuters
Importance Score:
7
Price at Filing: $2.79
Real-time Price: $2.96 info
Change: +$0.170 (+6%) info
Market Cap: $1.015B info
HEPS
May 07, 2026, 4:15 PM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $2.79
Real-time Price: $2.96 info
Change: +$0.170 (+6%) info
Market Cap: $1.015B info
HEPS
Apr 30, 2026, 5:29 PM EDT
Filing Type: 20-F
Importance Score:
9
Price at Filing: $2.78
Real-time Price: $2.96 info
Change: +$0.180 (+6%) info
Market Cap: $1.015B info
HEPS
Feb 26, 2026, 5:09 PM EST
Source: Reuters
Importance Score:
7
Price at Filing: $2.71
Real-time Price: $2.96 info
Change: +$0.250 (+9%) info
Market Cap: $1.015B info
HEPS
Feb 26, 2026, 4:15 PM EST
Filing Type: 6-K
Importance Score:
8
Price at Filing: $2.71
Real-time Price: $2.96 info
Change: +$0.250 (+9%) info
Market Cap: $1.015B info