D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Q2 2022 Earnings Conference Call September 28, 2022 9:00 AM ET

Company Participants

Helin Celikbilek - Investor Relations Director

Murat Emirdağ - Chief Executive Officer

Korhan Öz - Chief Financial Officer

Conference Call Participants

Tiron Cesar - Bank of America

Holbrook Luke - Morgan Stanley

Kilickiran Hanzade - JPMorgan

Operator

Ladies and gentlemen, thank you for standing by. I am Mina, your Chorus Call operator. Welcome and thank you for joining the Hepsiburada Conference Call and Live Webcast to Present and Discuss the Second Quarter 2022 Financial Results. All participants will be in a listen-only mode and the conference is being recorded. The presentation will be followed by a question-and-answer session. [Operator Instructions]

At this time, I would like to turn the conference over to Ms. Helin Celikbilek, Investor Relations Director. Ms. Celikbilek, you may now proceed.

Helin Celikbilek

Thanks, Operator. Thank you for joining us today for Hepsiburada’s second quarter 2022 earnings call. I’m pleased to be joined on the call today by our CEO, Murat Emirdağ; and our CFO, Korhan Öz.

The following discussion, including responses to your questions reflect management’s views as of today’s date only. We do not undertake any obligation to update or revise this information except as required by law.

Certain statements made on today’s call are forward-looking statements and actual results may differ materially from these forward-looking statements. Please refer to today’s earnings release, as well as the risk factors described in the Safe Harbor slide of today’s supplemental deck, today’s press release, the 6-K, our Form 20-F filed with the SEC on May 2, 2022, and other SEC filings for information about factors which could cause our actual results to differ materially from these forward-looking statements.

Also, we will reference certain non-IFRS measures during today’s call. Please refer to the appendix of our supplemental slide deck, as well as today’s press release for a presentation of the most directly comparable IFRS measures, as well as the relevant IFRS to non-IFRS reconciliations.

To enhance this call, we have posted our supplemental slide deck on the Financials page of our company’s Investor Relations website. As a reminder, a replay of this call will also be available on our Investor Relations website.

With that, I will hand it over to our CEO, Murat.

Murat Emirdağ

Thank you, Helin. Welcome, everyone, and thank you for joining us today. Before diving into dynamics and numbers of the second quarter, let me briefly remind you of our unique ecosystem that is well beyond an e-commerce platform. We have built an ecosystem that includes a well-established logistics network, fast-growing financial services, cross-border operations and key strategic assets that serve various purposes. Our diverse ecosystem has been instrumental in our solid performance in a challenging macroeconomic environment and underlines our future potential. Without further ado, let’s take a closer look at the second quarter in more detail.