Company data sheet · D-MARKET Electronic Services & Trading
D-MARKET Electronic Services & Trading: four lost years, and the economy wasn't the reason.
- Industry
- Catalog & Mail-Order Houses
- Headquarters
- Türkiye
- Ticker
- HEPS (Nasdaq)
- Sources
- SEC filings (2021–2026), Stratrix's verified Decision Cases, market data and official economic statistics for Türkiye
- Data as of
- October 18, 2026
- From profit to four straight losses. D-MARKET Electronic Services & Trading lost money every year from 2019 to 2022: TRY 11.3 billion in all. 2023 was its first profit in five years: TRY 0.1 billion.
- It outgrew its own economy many times over. Revenue rose from TRY 2.6 billion in 2019 to TRY 57 billion in 2024: 21.9 times as much. Türkiye's economy, counted the same way in money terms, grew about 641%. Whatever drove it, the economy around it does not account for growth of that size.
- It wasn't the cycle. The losses began in 2019, a year Türkiye economy grew 1.5%. When a company falls while its economy grows, look inside the company first.
Financial results
| Fiscal year | Revenue | Net income | |
|---|---|---|---|
| 2019 | TRY 2.6 billion | −TRY 0.1 billion | |
| 2020 | TRY 15.2 billion | −TRY 0.9 billion | |
| 2021 | TRY 24.8 billion | −TRY 3.3 billion | |
| 2022 | TRY 38.2 billion | −TRY 6.9 billion | |
| 2023 | TRY 51.3 billion | TRY 0.1 billion | |
| 2024 | TRY 57 billion | −TRY 1.6 billion |
As reported in its annual filings, in TRY. Losses in red.
The full data sheet · Data Plan
Everything behind these findings, ready for your board deck.
- Economic context: 5 measures for Türkiye, every year since 2016, from the official sources.
- Peer comparison: against 224 companies of its size in its sector.
- Financial results: ten years of revenue, operating and net income, and every annual report, linked.
- Methods and sources, so each number can be checked and cited.
The full data sheet downloads with the Data Plan. To see exactly what you get first, open the Boeing sample PDF or Excel.