E-commerce platform D-MARKET's Q3 net loss widens on increased costs

D-Market Elektronik Hizmetler ve Ticaret

05/11/2025 13:34

Overview

D-MARKET Q3 revenue increased by 22.1% year-over-year

Company's EBITDA decreased by 74.3% compared to Q3 2024

Net loss for Q3 increased to TRY 1,324.8 mln from TRY 409.7 mln in Q3 2024

Company announced a share capital increase of TRY 4.17 bln

Outlook

Company focuses on improving growth momentum and disciplined execution in Q4 2025

Result Drivers

REVENUE GROWTH - Revenue increased by 22.1% due to growth in 1P sales and delivery services

EBITDA DECLINE - EBITDA decreased by 74.3% due to increased advertising expenses and investments in growth projects

NET LOSS INCREASE - Net loss widened due to higher financial expenses and increased advertising costs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
TRY 19.91 bln
Q3 Net Income
-TRY 1.32 bln
Q3 EBITDA
TRY 173.80 mln
Q3 Free Cash Flow
TRY 2.58 bln
Q3 GMV
TRY 61.40 bln


Press Release: ID:nGNX7p07nT

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)