Brief: Hepsiburada Announces Fourth Quarter And Full Year 2022 Financial Results

D-Market Elektronik Hizmetler ve Ticaret

22/03/2023 10:10

March 22 (Reuters) - D Market Elektronik Hizmetler Ve
Ticaret As  HEPS.O :
    * HEPSIBURADA ANNOUNCES FOURTH QUARTER AND FULL YEAR 2022
FINANCIAL RESULTS
    * REVENUE INCREASED BY 9.7% TO TRY 5,535.2 MILLION COMPARED
TO TRY
5,044.7 MILLION IN Q4 2021
    * QTRLY NUMBER OF ORDERS INCREASED BY 94.8% TO 33.9 MILLION
COMPARED TO 17.4 MILLION ORDERS IN Q4 2021
    * EXPECT GMV GROWTH OF AROUND 70% IN Q1 2023 COMPARED TO Q1
2022
    * QTRLY ACTIVE MERCHANT BASE INCREASED BY 32.9% TO 99.7
THOUSAND
COMPARED TO 75.0 THOUSAND AS OF DECEMBER 31, 2021
    * NET LOSS FOR Q4 WAS TRY 546.1 MILLION COMPARED TO A NET
INCOME
OF TRY 588.8 MILLION FOR Q4 2021
    * IN Q1 2023, WE EXPECT TO DELIVER A QUARTERLY BREAKEVEN
EBITDA ON
A BASIS UNADJUSTED FOR IAS 29

Source text for Eikon:  ID:nGNX3LJ9hK 
Further company coverage:  HEPS.O 

 ((Reuters.Briefs@thomsonreuters.com;))