Turkey's Hepsiburada Q4 revenue up 17.8%, net loss widens
Summary
Hepsiburada reported Q4 2025 results, showing a 17.8% year-over-year revenue increase to TRY 27.97 billion. However, the company's net loss widened significantly to TRY 3.08 billion from TRY 875.8 million in Q4 2024, primarily due to increased advertising and financial expenses. On a positive note, free cash flow increased by 79.3% to TRY 3.47 billion. The substantial widening of the net loss, despite top-line growth and improved FCF, highlights ongoing profitability challenges and is a material concern for investors. The company also plans to align reporting metrics with Kaspi definitions starting Q1 2026.
At the time of this announcement, HEPS was trading at $2.71 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $883.8M. The 52-week trading range was $2.15 to $3.47. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Reuters.