Overview
Turkish e-commerce platform's Q4 revenue rose 17.8% yr/yr
Net loss for Q4 widened to TRY 3,082.3 mln from TRY 875.8 mln in Q4 2024
Free cash flow increased by 79.3% to TRY 3,468.1 mln in Q4 2025
Outlook
Company to align reporting metrics with Kaspi definitions starting Q1 2026
Result Drivers
REVENUE GROWTH - Driven by 10.5% increase in GMV and strategic marketing initiatives
NET LOSS - Due to increased advertising and financial expenses related to credit card installments
Company press release: ID:nGNX11P2nH
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | TRY 27.97 bln | ||
Q4 Net Income | -TRY 3.08 bln | ||
Q4 EBITDA | TRY 1.14 mln | ||
Q4 Free Cash Flow | TRY 3.47 bln | ||
Q4 GMV | TRY 85.3 bln |
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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.)