D-Market ( (HEPS) ) has issued an update.
On April 30, 2025, Hepsiburada announced its financial results for the fourth quarter and full year 2024, highlighting a 12.1% increase in gross merchandise value (GMV) and a 218.4% rise in EBITDA. Despite macroeconomic challenges and shopping boycotts at the start of 2025, the company reported significant growth in its loyalty program and logistics capabilities. A notable development was the acquisition of a 65.4% controlling stake by Kaspi.kz, a leading digital ecosystem in Kazakhstan, marking a strategic shift for Hepsiburada.
Spark’s Take on HEPS Stock
According to Spark, TipRanks’ AI Analyst, HEPS is a Neutral.
D-Market is on a positive trajectory with strong revenue growth and improved profitability metrics. However, ongoing net losses and macroeconomic challenges remain concerns. The earnings call provided a positive outlook, while technical indicators are mixed, suggesting cautious optimism.
To see Spark’s full report on HEPS stock, click here.
More about D-Market
D-MARKET Electronic Services & Trading, operating under the brand name Hepsiburada, is a prominent Turkish e-commerce platform. The company focuses on providing a wide range of products through its online marketplace, enhancing customer experience with logistics and fintech solutions, including HepsiJet for logistics and Hepsipay for financial services.
YTD Price Performance: -14.87%
Average Trading Volume: 589,966
Technical Sentiment Signal: Hold
Current Market Cap: $1.06B
For detailed information about HEPS stock, go to TipRanks’ Stock Analysis page.