Business Context and Reporting Period
This Form 6-K filing by D-MARKET Electronic Services & Trading (Hepsiburada) reports the voting results of the Ordinary General Assembly of Shareholders held on September 15, 2025. The meeting addressed the fiscal year ended December 31, 2024.
Key Financial Metrics
The filing confirms that the Company did not generate a profit for the 2024 fiscal year. Consequently, no dividend distribution was made. The filing does not provide specific values for revenue, cash flow, margins, debt, or liquidity.
Material Changes and Corporate Actions
- Profitability: The Company reported no profit for the 2024 fiscal year.
- Dividends: Shareholders decided not to distribute dividends due to the lack of profit.
- Auditor Appointment: DRT Yeminli Mali Müşavirlik ve Bağımsız Denetim Anonim Şirketi was appointed as the independent auditor for the 2025 fiscal year.
- Board Compensation: Shareholders approved remuneration for independent Board members:
- USD 100,000 annual gross payment for Board service.
- USD 20,000 annual gross payment for each committee chaired.
- USD 10,000 annual gross payment for each committee membership.
- Inflation Accounting: The Board's resolution regarding inflation accounting procedures under Turkish Tax Procedure Law no. 213 was approved.
- Donations: The Board was authorized to make donations up to 2 per thousand of total assets.
Guidance, Outlook, and Risks
The filing does not contain forward-looking guidance, management commentary on future outlook, or specific risk factors beyond the standard authorization for Board transactions under the Turkish Commercial Code.
Investor Verification Checklist
- Verify the full audited consolidated financial statements for the year ended December 31, 2024, to understand the drivers behind the reported lack of profit.
- Review the Company's Investor Relations website for the full minutes of the AGM.
- Monitor future filings for details on the implementation of inflation accounting procedures.