← D-MARKET Electronic Services & Trading
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | — | — | $13.8b | $21.1b | $27.3b | $29.7b | |
| Cash and cash equivalents | $592.6m | $3.8b | $5.3b | $5.5b | $6.8b | $11.3b | |
| Trade and loan receivables | — | — | — | $1.2m | $87.6m | $26.8m | |
| Inventories | $770.1m | $1.6b | $1.8b | $4.0b | $6.0b | $8.7b | |
| Other current assets | $110.8m | $199.8m | $514.1m | $864.3m | $478.1m | $1.2b | |
| Accounts Receivable | — | — | $955.9m | $3.4b | $6.6b | $6.2b | |
| Allowance For Doubtful Accounts Receivable | — | ($15.1m) | ($42.2m) | ($62.1m) | — | — | |
| Cash Cash Equivalents And Short Term Investments | — | — | $8.7b | $10.4b | $12.0b | $13.3b | |
| Cash Equivalents | — | — | $8.3b | $6.8b | $8.7b | $11.2b | |
| Gross Accounts Receivable | — | $328.1m | $998.1m | $2.4b | — | — | |
| Loans Receivable | — | $0 | $5.8m | $0 | — | — | |
| Non Current Prepaid Assets | — | — | $42.2m | $47.3m | $15.0m | $39.8m | |
| Other Receivables | — | $68.2m | $163.9m | $32.4m | $58.5m | — | |
| Other Short Term Investments | — | — | $28.9m | $2.5b | $3.1b | $2.0b | |
| Prepaid Assets | — | — | $286.1m | $668.5m | $530.9m | $899.1m | |
| Taxes Receivable | — | — | $556.2m | $492.4m | $13.5m | $126.2m | |
| Total current assets | $1.7b | $7.1b | $8.4b | $14.6b | $20.9b | $29.7b | |
| Property and equipment | $57.0m | $90.5m | $338.0m | $502.7m | $831.4m | $1.1b | |
| Intangible Assets Other Than Goodwill | $89.4m | $202.8m | — | — | — | — | |
| Intangible assets | $89.4m | $202.8m | $845.8m | $1.9b | $3.1b | $3.9b | |
| Goodwill | — | — | $285k | $411k | $538k | $538k | |
| Goodwill And Other Intangible Assets | — | — | $1.4b | $2.7b | $4.0b | $3.9b | |
| Other Intangible Assets | — | — | $1.4b | $2.7b | $4.0b | $3.9b | |
| Right of use assets | $126.0m | $205.8m | $438.5m | $565.5m | $1.3b | $2.2b | |
| Additional Financial Items | |||||||
| Allowance Account For Credit Losses Of Financial Assets | $9.9m | $9.2m | $25.6m | — | — | — | |
| Current Financial Assets At Fair Value Through Profit Or Loss | — | $1.0b | $17.6m | $1.6b | $2.2b | — | |
| Deferred Tax Assets | $194.7m | $339.1m | — | — | — | $47.9m | |
| Issued Capital | $56.9m | $65.2m | $302.6m | $498.7m | $720.0m | — | |
| Unused Tax Losses For Which No Deferred Tax Asset Recognised | $771.2m | $1.1b | $1.3b | $363.0m | $560.6m | — | |
| Restricted cash | — | $40.0m | $107.4m | $167.3m | $135.3m | $205.1m | |
| Financial investments | — | $1.2b | $17.6m | $1.7b | $2.4b | $2.0b | |
| Due from related parties | $3.4m | $2.2m | $1.7m | $9.2m | $14.6m | $206k | |
| Contract assets | $55.7m | $7.4m | $15.3m | $22.4m | $44.7m | — | |
| Other non-current assets | $2.8m | $297.3m | $63.0m | $33.7m | $12.4m | $40.6m | |
| Bank borrowings | $347.4m | $193.2m | $10.9m | $2.8m | $1.7b | $596.5m | |
| Lease liabilities | $92.8m | $101.9m | $105.0m | $121.8m | $583.7m | $778.3m | |
| Wallet deposits | — | $40.9m | $113.5m | $188.4m | $177.6m | $261.2m | |
| Trade payables and payables to merchants | $2.0b | $4.1b | $5.9b | $10.6b | $15.0b | $25.9b | |
| Due to related parties | $3.9m | $9.0m | $5.6m | $4.6m | $12.9m | — | |
| Provisions | $3.7m | $132.4m | $395.0m | $81.7m | $217.1m | $322.2m | |
| Employee benefit obligations | $3.3m | $5.3m | $16.5m | $104.3m | $153.8m | $262.9m | |
| Contract liabilities and merchant advances | $150.7m | $219.2m | $638.6m | $1.4b | $1.9b | $2.8b | |
| Other current liabilities | $51.8m | $163.5m | $380.0m | $756.4m | $1.7b | $1.5b | |
| Other non-current liabilities | — | $97.4m | $146.6m | $402.8m | $499.9m | $503.4m | |
| Share capital | $56.9m | $65.2m | $302.6m | $498.7m | $720.0m | $949.5m | |
| Treasury shares | — | — | — | ($169.8m) | ($245.2m) | ($321.0m) | |
| Other capital reserves | — | $85.3m | $322.5m | $637.7m | $1.1b | — | |
| Share premium | $187.5m | $4.3b | $8.8b | $14.5b | $20.9b | $19.7b | |
| Accumulated Depreciation | — | — | ($2.0b) | ($3.8b) | ($6.0b) | ($7.3b) | |
| Buildings And Improvements | — | — | $1.1b | $2.0b | $3.6b | $4.5b | |
| Capital Lease Obligations | — | — | $432.3m | $399.1m | $1.3b | $1.8b | |
| Cash Financial | — | — | $424.8m | $1.2b | $131.9m | $108.3m | |
| Current Accrued Expenses | — | — | $99.0m | $172.2m | $293.1m | $319.1m | |
| Current Capital Lease Obligation | — | — | $259.4m | $223.2m | $535.5m | $1.1b | |
| Current Debt | — | — | $21.5m | $264.9m | $2.2b | $596.5m | |
| Current Debt And Capital Lease Obligation | — | — | $280.9m | $488.1m | $2.7b | $1.6b | |
| Current Deferred Liabilities | — | — | $1.2b | $2.8b | $3.2b | $3.2b | |
| Current Notes Payable | — | — | — | $0 | $440.6m | — | |
| Current Provisions | — | — | $675.9m | $199.8m | $456.8m | $429.6m | |
| Duefrom Related Parties Current | — | — | $2.8m | $13.3m | $19.1m | $206k | |
| Dueto Related Parties Current | — | — | $9.2m | $6.7m | $16.9m | $0 | |
| Employee Benefits | — | — | $27.1m | $150.6m | $201.3m | $262.9m | |
| Finished Goods | — | — | $2.9b | $5.7b | $7.9b | $8.7b | |
| Gross PPE | — | — | $3.3b | $5.3b | $8.8b | $10.5b | |
| Invested Capital | — | — | $3.4b | $5.0b | $6.6b | $2.6b | |
| Leases | — | — | $218.4m | $331.5m | $494.6m | $565.2m | |
| Line Of Credit | — | $193.2m | — | $264.9m | $2.2b | $596.5m | |
| Long Term Capital Lease Obligation | — | — | $172.9m | $175.9m | $764.0m | $778.3m | |
| Machinery Furniture Equipment | — | — | $1.8b | $2.8b | $4.4b | $5.2b | |
| Net PPE | — | — | $1.3b | $1.5b | $2.8b | $3.3b | |
| Net Tangible Assets | — | — | $2.0b | $2.1b | $343.5m | ($1.9b) | |
| Non Current Accounts Receivable | — | — | $60.9m | $1.2m | $114.7m | $26.8m | |
| Non Current Deferred Assets | — | — | — | — | $0 | $47.9m | |
| Non Current Deferred Liabilities | — | — | $241.6m | $581.6m | $654.4m | $503.4m | |
| Non Current Deferred Taxes Assets | — | — | — | — | $0 | $47.9m | |
| Non Current Note Receivables | — | $0 | $6.4m | $799k | — | — | |
| Ordinary Shares Number | — | — | $326.0m | $326.0m | $326.0m | $357.2m | |
| Other Current Borrowings | — | $317.3m | $21.5m | $264.9m | $801.5m | — | |
| Other Equity Adjustments | — | ($4.3b) | ($11.6b) | $920.8m | $1.4b | — | |
| Other Payable | — | — | $176.9m | $14.2m | $8.9m | $4.5m | |
| Other Properties | — | — | $170.6m | $248.2m | $324.9m | $377.6m | |
| Properties | — | — | $0 | $0 | $0 | $0 | |
| Share Issued | — | — | $326.0m | $326.0m | $326.0m | $361.8m | |
| Tangible Book Value | — | — | $2.0b | $2.1b | $343.5m | ($1.9b) | |
| Working Capital | — | — | $1.0b | $1.4b | ($957.3m) | ($3.7b) | |
| Total non-current assets | $275.1m | $796.4m | $1.7b | $3.0b | $5.3b | $7.3b | |
| Total non-current liabilities | $96.1m | $204.6m | $278.9m | $631.7m | $1.2b | $1.5b | |
| Total equity | ($787.3m) | $2.7b | $2.0b | $3.3b | $3.3b | $2.0b | |
| Total equity and liabilities | $2.0b | $7.9b | $10.1b | $17.6b | $26.1b | $36.9b | |
| Total Capitalization | — | — | $3.4b | $4.8b | $4.3b | $2.0b | |
| Total Debt | — | — | $471.8m | $668.0m | $3.5b | $2.4b | |
| Total Tax Payable | — | — | $194.6m | $236.3m | $1.2b | $831.8m | |
| Total Assets | $2.0b | $7.9b | $10.1b | $17.6b | $26.1b | $36.9b | |
| Current Liabilities | — | — | $12.8b | $19.7b | $28.3b | $33.4b | |
| Accounts Payable | — | — | $9.7b | $15.3b | $19.6b | $25.9b | |
| Current Deferred Revenue | — | — | $1.2b | $2.8b | $3.2b | $3.2b | |
| Payables And Accrued Expenses | — | — | $10.2b | $15.7b | $21.1b | $27.0b | |
| Total current liabilities | $2.7b | $5.0b | $7.7b | $13.6b | $21.6b | $33.4b | |
| Deferred Tax Liabilities | $353k | $3.4m | — | — | — | — | |
| Deferred Tax Liability Asset | — | — | — | ($1.1b) | ($2.1b) | — | |
| Long Term Debt | — | — | $18.0m | $4.1m | — | — | |
| Long Term Debt And Capital Lease Obligation | — | — | $190.9m | $179.9m | $764.0m | $778.3m | |
| Pensionand Other Post Retirement Benefit Plans Current | — | — | $257.2m | $417.8m | $683.4m | $1.0b | |
| Total Liabilities Net Minority Interest | — | — | $13.2b | $20.6b | $29.9b | $34.9b | |
| Accumulated deficit | ($1.0b) | ($1.7b) | ($7.4b) | ($12.1b) | ($19.2b) | ($18.3b) | |
| Additional Paid In Capital | — | — | $14.5b | $20.9b | $27.4b | $19.7b | |
| Capital Stock | — | — | $498.7m | $720.0m | $942.4m | $949.5m | |
| Common Stock Equity | — | — | $3.4b | $4.8b | $4.3b | $2.0b | |
| Gains Losses Not Affecting Retained Earnings | — | — | ($11.6b) | $920.8m | $1.4b | $0 | |
| Retained Earnings | — | ($1.7b) | — | ($17.5b) | ($25.1b) | ($18.3b) | |
| Treasury Stock | — | — | $0 | $245.2m | $321.0m | $321.0m | |
| Total Equity Gross Minority Interest | — | — | $3.4b | $4.8b | $4.3b | $2.0b | |
| Total Non Current Liabilities Net Minority Interest | — | — | $459.6m | $912.1m | $1.6b | $1.5b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.