D-Market Elektronik Hizmetler ve Ticaret AS reported a net loss of TRY 1,604.9 million for the fiscal year ending December 31, 2024. This represents a significant decline from the net income of TRY 109.1 million recorded in 2023. The substantial negative change of TRY 1,714.0 million was primarily attributed to a TRY 2,963.1 million increase in net financial expenses, partially mitigated by a TRY 1,063.7 million reduction in operating losses and a TRY 185.5 million increase in monetary gains. In contrast, the fiscal year 2023 saw a turnaround with a net income of TRY 109.1 million, a stark improvement from a net loss of TRY 6,916.7 million in 2022. This positive shift was mainly driven by a TRY 6,335.0 million reduction in operating losses. The company operates within a single reportable segment, focusing on e-commerce operations. At the time of the report, D-Market held approximately 93% of its cash and cash equivalents in Turkish Lira, with the remaining 7% held in U.S. dollars. The financial outcomes highlight the impact of various factors, including currency fluctuations and changes in consumer purchasing power, on the company's performance.