HEPS
D-Market Elektronik Hizmetler ve Ticaret A.S.
Price Chart
Latest Quote
$2.90
-0.06 (-2.16%)
Current Price
| Previous Close | $2.96 |
| Open | $2.96 |
| Day High | $2.97 |
| Day Low | $2.89 |
| Volume | 38,646 |
Stock Information
Note: Financial values converted from TRY to USD
| Shares Outstanding | 317.23M |
| Sector | Consumer Cyclical |
| Industry | Internet Retail |
| Market Cap | $1.03B |
| EPS (TTM) | $-0.36 |
| Exchange | NMS |
đ Comprehensive Analysis
Company Data
| Book/sh | $2.67 |
| Employees | 4K |
Financial Ratios
| Quick Ratio | 0.49 |
| Current Ratio | 0.82 |
| Debt/Eq | 185.74 |
Returns & Margins
| ROA | -2.36% |
| ROE | -272.77% |
| Gross Margin | 25.56% |
| Profit Margin | -7.00% |
Ownership
| Insider Ownership | 86.74% |
| Institutional Ownership | 8.97% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 0.67 |
| P/B | 1.08 |
Analyst Data
| Recommendation | buy |
| Target Price | $3.31 |
Technical Indicators
| SMA20 | $2.92 |
| SMA50 | $2.81 |
| SMA200 | $2.67 |
| RSI | 44.83 |
| ATR | 0.0717 |
| Shares Float | 29.77M |
| Short Float | 8.25% |
| Short Ratio | 2.67 |
| Volatility | 2.09 |
| Rel Volume | 0.94 |
Performance History
| Week | -3.37% |
| Month | +5.51% |
| Quarter | +2.50% |
| 6 Months | +2.87% |
| YTD | +12.11% |
| Year | +9.54% |
| 3 Years | +59.44% |
| 5 Years | -79.87% |
| 10 Years | -78.63% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-07-17 | $2.87 | 175,100 |
| 2026-07-16 | $2.87 | 49,300 |
| 2026-07-15 | $2.96 | 232,500 |
| 2026-07-14 | $2.95 | 25,800 |
| 2026-07-13 | $2.96 | 40,700 |
| 2026-07-10 | $2.97 | 44,900 |
| 2026-07-09 | $2.96 | 44,200 |
| 2026-07-08 | $2.97 | 69,100 |
| 2026-07-07 | $2.94 | 165,700 |
| 2026-07-06 | $2.98 | 265,000 |
| 2026-07-02 | $2.94 | 54,700 |
| 2026-07-01 | $2.91 | 199,500 |
| 2026-06-30 | $2.91 | 234,000 |
| 2026-06-29 | $2.90 | 203,100 |
| 2026-06-26 | $2.90 | 232,800 |
| 2026-06-25 | $2.90 | 547,800 |
| 2026-06-24 | $2.88 | 203,300 |
| 2026-06-23 | $2.92 | 262,300 |
| 2026-06-22 | $2.90 | 592,400 |
| 2026-06-18 | $2.80 | 66,000 |
About D-Market Elektronik Hizmetler ve Ticaret A.S.
D-Market Elektronik Hizmetler ve Ticaret A.S. operates e-commerce platforms in Turkey. The company operates a retail website that provides electronics and non-electronics products, such as books, sports, toys, kids and baby products, cosmetics, furniture, etc. It also operates HepsiJet that provides last-mile delivery services; HepsiLojistik, which offers fulfillment services; HepsiMat, an offline network of pick-up and drop-off point; HepsiAd that provides advertising service; and Hepsipay and Hepsifinans, which offers e-wallet, e-money, payment facilitation services, and consumer lending. The company was incorporated in 2000 and is headquartered in Istanbul, Turkey. D-Market Elektronik Hizmetler ve Ticaret A.S. is a subsidiary of Joint Stock Company Kaspi.kz.
đ° Latest News
How Investors May Respond To D-Market Elektronik (HEPS) Surging Sales Paired With a Wider Quarterly Loss
Simply Wall St. âĸ 2026-05-11T01:11:57Z
Looking At The Narrative For D Market Elektronik Hizmetler ve Ticaret After JPMorgan Downgrade
Simply Wall St. âĸ 2026-01-09T14:13:29Z
Why Analysts See the D-Market Story Shifting After Reset Price Target and Strategy Changes
Simply Wall St. âĸ 2025-12-18T02:11:39Z
Joint Stock Company Kaspi.kz (KSPI): A Bull Case Theory
Insider Monkey âĸ 2025-12-04T13:23:05Z
How Recent Developments Are Reshaping The D Market Elektronik Hizmetler ve Ticaret Investment Story
Simply Wall St. âĸ 2025-12-04T00:14:14Z
What the Revised Outlook Means for D-Marketâs Evolving Story and Valuation
Simply Wall St. âĸ 2025-11-19T20:09:46Z
3 Stocks That May Be Priced Below Their Estimated Value In August 2025
Simply Wall St. âĸ 2025-08-04T17:38:07Z
Period:
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $1,147,325,161 | $991,990,554 | $995,664,576 | $635,944,271 |
| Cost Of Revenue | $1,147,325,161 | $991,990,554 | $995,664,576 | $635,944,271 |
| Total Revenue | $1,799,196,216 | $1,587,032,758 | $1,428,247,446 | $812,514,080 |
| Operating Revenue | $1,686,149,803 | $1,493,772,466 | $1,384,217,311 | $797,561,094 |
| Expenses | ||||
| Interest Expense | $89,401,806 | $79,734,071 | $55,336,793 | $17,200,116 |
| Total Expenses | $1,818,359,295 | $1,574,987,946 | $1,454,042,689 | $951,346,321 |
| Rent Expense Supplemental | $2,470,383 | $3,523,139 | $1,582,706 | $847,230 |
| Other Income Expense | $50,815,031 | $57,732,489 | $122,421,926 | $34,010,964 |
| Other Non Operating Income Expenses | $71,331,761 | $56,209,550 | $51,049,421 | $-411,840 |
| Net Non Operating Interest Income Expense | $-153,699,680 | $-114,425,675 | $-93,592,791 | $-42,187,577 |
| Total Other Finance Cost | $152,213,892 | $121,052,250 | $73,503,014 | $41,507,404 |
| Interest Expense Non Operating | $89,401,806 | $79,734,071 | $55,336,793 | $17,200,116 |
| Operating Expense | $671,034,134 | $582,997,392 | $458,378,113 | $315,402,050 |
| Other Operating Expenses | $40,298,026 | $38,341,078 | $18,306,327 | $16,734,524 |
| Selling And Marketing Expense | $350,798,439 | $288,922,596 | $231,022,561 | $169,941,981 |
| General And Administrative Expense | $211,587,621 | $197,861,059 | $158,110,580 | $101,993,699 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-121,130,720 | $-44,648,374 | $3,033,892 | $-147,008,854 |
| Net Interest Income | $-153,699,680 | $-114,425,675 | $-93,592,791 | $-42,187,577 |
| Interest Income | $87,916,019 | $86,360,646 | $35,247,016 | $16,519,943 |
| Normalized Income | $-100,768,143 | $-46,171,313 | $-68,338,613 | $-181,431,658 |
| Net Income From Continuing And Discontinued Operation | $-121,130,720 | $-44,648,374 | $3,033,892 | $-147,008,854 |
| Total Operating Income As Reported | $-43,146,773 | $471,755 | $-29,119,529 | $-156,891,787 |
| Net Income Common Stockholders | $-121,130,720 | $-44,648,374 | $3,033,892 | $-147,008,854 |
| Net Income | $-121,130,720 | $-44,648,374 | $3,033,892 | $-147,008,854 |
| Net Income Including Noncontrolling Interests | $-121,130,720 | $-44,648,374 | $3,033,892 | $-147,008,854 |
| Net Income Continuous Operations | $-121,130,720 | $-44,648,374 | $3,033,892 | $-147,008,854 |
| Pretax Income | $-122,047,727 | $-44,648,374 | $3,033,892 | $-147,008,854 |
| Special Income Charges | $-23,720,208 | $-11,323,407 | $-3,193,595 | $-15,999,516 |
| Interest Income Non Operating | $87,916,019 | $86,360,646 | $35,247,016 | $16,519,943 |
| Operating Income | $-19,163,079 | $12,044,812 | $-25,795,243 | $-138,832,241 |
| Depreciation Amortization Depletion Income Statement | $67,405,899 | $56,979,160 | $47,160,372 | $25,926,657 |
| Depreciation And Amortization In Income Statement | $67,405,899 | $56,979,160 | $47,160,372 | $25,926,657 |
| Gross Profit | $651,871,055 | $595,042,204 | $432,582,870 | $176,569,809 |
| Per Share | ||||
| Diluted EPS | $-0.38 | $-0.10 | $0.00 | $-0.09 |
| Basic EPS | $-0.38 | $-0.10 | $0.00 | $-0.09 |
| Other | ||||
| Tax Effect Of Unusual Items | $-154,153 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $55,276,708 | $90,541,917 | $34,158,552 | $-138,304,885 |
| Total Unusual Items | $-20,516,730 | $1,522,940 | $71,372,505 | $34,422,804 |
| Total Unusual Items Excluding Goodwill | $-20,516,730 | $1,522,940 | $71,372,505 | $34,422,804 |
| Reconciled Depreciation | $67,405,899 | $56,979,160 | $47,160,372 | $25,926,657 |
| EBITDA (Bullshit earnings) | $34,759,979 | $92,064,857 | $105,531,057 | $-103,882,081 |
| EBIT | $-32,645,921 | $35,085,697 | $58,370,685 | $-129,808,738 |
| Diluted Average Shares | $6,729,484 | $6,979,073 | $6,980,023 | $6,410,732 |
| Basic Average Shares | $6,729,484 | $6,979,073 | $6,980,023 | $6,410,732 |
| Diluted NI Availto Com Stockholders | $-121,130,720 | $-44,648,374 | $3,033,892 | $-147,008,854 |
| Tax Provision | $-917,007 | $0 | $0 | $0 |
| Write Off | $17,993,148 | $11,323,407 | $1,849,381 | - |
| Impairment Of Capital Assets | $5,727,060 | $0 | - | - |
| Gain On Sale Of Security | $3,203,478 | $12,846,346 | $74,566,100 | $50,422,320 |
| Other Taxes | $944,149 | $893,500 | $3,778,273 | $-38,916 |
| Selling General And Administration | $562,386,060 | $486,783,654 | $389,133,141 | $271,935,679 |
| Other Gand A | $11,406,510 | $8,432,895 | $11,297,158 | $6,979,350 |
| Insurance And Claims | $3,645,860 | $3,610,494 | $4,488,287 | $3,655,021 |
| Rent And Landing Fees | $2,470,383 | $3,523,139 | $1,582,706 | $847,230 |
| Salaries And Wages | $194,064,868 | $182,294,531 | $140,742,430 | $90,512,098 |
| Provision For Doubtful Accounts | - | $8,650,940 | $978,601 | $844,106 |
| Other Special Charges | - | - | $1,344,214 | $15,999,516 |
Fetched: 2026-07-16
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $-39,555,557 | $7,300,924 | $44,470,520 | $41,915,716 |
| Total Assets | $785,265,632 | $727,350,379 | $539,485,346 | $352,569,053 |
| Total Non Current Assets | $154,717,027 | $147,173,849 | $90,720,324 | $59,158,191 |
| Other Non Current Assets | $16,026 | $26,015 | $30,202 | $15,941 |
| Non Current Prepaid Assets | $845,933 | $319,087 | $1,004,553 | $897,347 |
| Non Current Deferred Assets | $1,018,687 | $0 | - | - |
| Non Current Deferred Taxes Assets | $1,018,687 | $0 | - | - |
| Non Current Accounts Receivable | $568,568 | $2,436,886 | $24,527 | $1,293,672 |
| Goodwill And Other Intangible Assets | $82,310,171 | $85,102,574 | $56,879,818 | $29,621,211 |
| Other Intangible Assets | $82,298,737 | $85,091,140 | $56,871,083 | $29,615,153 |
| Current Assets | $630,548,605 | $580,176,530 | $448,765,022 | $293,410,861 |
| Other Current Assets | $2,669,916 | $1,208,804 | $1,389,039 | $103,401 |
| Restricted Cash | $4,756,705 | $4,284,843 | $5,594,498 | $3,762,205 |
| Prepaid Assets | $19,109,880 | $11,283,109 | $14,207,542 | $6,080,600 |
| Inventory | $185,532,525 | $166,960,331 | $121,671,083 | $62,626,134 |
| Receivables | $135,296,179 | $142,306,368 | $84,263,060 | $35,803,001 |
| Taxes Receivable | $2,681,882 | $287,568 | $10,465,762 | $11,820,624 |
| Accounts Receivable | $132,609,919 | $140,369,336 | $72,827,219 | $20,316,346 |
| Cash Cash Equivalents And Short Term Investments | $283,183,400 | $254,133,074 | $221,639,800 | $185,035,520 |
| Cash And Cash Equivalents | $240,333,270 | $187,789,645 | $168,775,068 | $184,420,661 |
| Cash Equivalents | $238,031,687 | $184,986,360 | $143,752,729 | $175,391,781 |
| Cash Financial | $2,301,583 | $2,803,285 | $25,022,339 | $9,028,880 |
| Other Receivables | - | $1,244,426 | $688,313 | $3,482,820 |
| Non Current Note Receivables | - | - | $16,982 | $135,091 |
| Loans Receivable | - | - | $0 | $123,061 |
| Allowance For Doubtful Accounts Receivable | - | - | $-1,320,091 | $-897,177 |
| Gross Accounts Receivable | - | - | $51,761,858 | $21,213,523 |
| Debt | ||||
| Total Debt | $51,558,648 | $74,431,052 | $14,197,765 | $10,027,886 |
| Long Term Debt And Capital Lease Obligation | $16,542,834 | $16,238,114 | $3,824,395 | $4,058,126 |
| Current Debt And Capital Lease Obligation | $35,015,814 | $58,192,937 | $10,373,371 | $5,969,760 |
| Current Debt | $12,679,119 | $46,812,251 | $5,630,077 | $456,984 |
| Other Current Borrowings | - | $17,034,441 | $5,630,077 | $456,984 |
| Long Term Debt | - | - | $86,185 | $382,573 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $742,511,018 | $634,946,881 | $438,135,008 | $281,032,126 |
| Total Non Current Liabilities Net Minority Interest | $32,831,426 | $34,424,759 | $19,386,013 | $9,768,437 |
| Non Current Deferred Liabilities | $10,699,982 | $13,908,476 | $12,361,541 | $5,133,965 |
| Current Liabilities | $709,679,591 | $600,522,121 | $418,748,996 | $271,263,689 |
| Other Current Liabilities | $2,184,940 | $2,197,565 | $2,727,791 | $2,618,948 |
| Current Deferred Liabilities | $67,140,415 | $67,740,226 | $59,253,261 | $26,498,753 |
| Payables And Accrued Expenses | $574,599,524 | $448,157,304 | $333,267,504 | $216,345,813 |
| Payables | $567,818,390 | $441,926,906 | $329,607,786 | $214,242,149 |
| Other Payable | $95,069 | $188,481 | $302,446 | $3,759,038 |
| Total Tax Payable | $17,678,609 | $24,809,309 | $5,022,848 | $4,135,512 |
| Accounts Payable | $550,044,711 | $416,569,093 | $324,140,153 | $206,152,231 |
| Current Notes Payable | - | $9,363,802 | $0 | - |
| Other Non Current Liabilities | - | - | - | $3,115,784 |
| Equity | ||||
| Common Stock Equity | $42,754,614 | $92,403,498 | $101,350,338 | $71,536,926 |
| Total Equity Gross Minority Interest | $42,754,614 | $92,403,498 | $101,350,338 | $71,536,926 |
| Stockholders Equity | $42,754,614 | $92,403,498 | $101,350,338 | $71,536,926 |
| Gains Losses Not Affecting Retained Earnings | $0 | $30,621,534 | $19,569,882 | $-246,892,257 |
| Retained Earnings | $-389,589,126 | $-533,165,935 | $-372,751,817 | - |
| Other Equity Adjustments | - | $30,621,534 | $19,569,882 | $-246,892,257 |
| Other | ||||
| Treasury Shares Number | $98,096 | - | - | - |
| Ordinary Shares Number | $7,592,492 | $6,928,792 | $6,928,792 | $6,928,792 |
| Share Issued | $7,690,587 | $6,928,792 | $6,928,792 | $6,928,792 |
| Tangible Book Value | $-39,555,557 | $7,300,924 | $44,470,520 | $41,915,716 |
| Invested Capital | $55,433,733 | $139,215,749 | $107,066,600 | $72,376,484 |
| Working Capital | $-79,130,987 | $-20,345,592 | $30,016,026 | $22,147,172 |
| Capital Lease Obligations | $38,879,529 | $27,618,800 | $8,481,503 | $9,188,328 |
| Total Capitalization | $42,754,614 | $92,403,498 | $101,436,523 | $71,919,500 |
| Treasury Stock | $6,821,921 | $6,821,921 | $5,211,861 | $0 |
| Additional Paid In Capital | $418,984,023 | $581,740,553 | $444,442,049 | $307,830,604 |
| Capital Stock | $20,181,638 | $20,029,267 | $15,302,085 | $10,598,579 |
| Common Stock | $20,181,638 | $20,029,267 | $15,302,085 | $10,598,579 |
| Employee Benefits | $5,588,611 | $4,278,169 | $3,200,077 | $576,347 |
| Non Current Deferred Revenue | $7,273,060 | $8,306,199 | $6,419,560 | $0 |
| Long Term Capital Lease Obligation | $16,542,834 | $16,238,114 | $3,738,209 | $3,675,552 |
| Current Deferred Revenue | $67,140,415 | $67,740,226 | $59,253,261 | $26,498,753 |
| Current Capital Lease Obligation | $22,336,695 | $11,380,686 | $4,743,293 | $5,512,776 |
| Line Of Credit | $12,679,119 | $46,812,251 | $5,630,077 | - |
| Pensionand Other Post Retirement Benefit Plans Current | $21,607,701 | $14,525,461 | $8,880,931 | $5,465,677 |
| Current Provisions | $9,131,197 | $9,708,628 | $4,246,139 | $14,364,737 |
| Current Accrued Expenses | $6,781,134 | $6,230,399 | $3,659,718 | $2,103,665 |
| Dueto Related Parties Current | $0 | $360,023 | $142,339 | $195,367 |
| Goodwill | $11,435 | $11,435 | $8,735 | $6,057 |
| Net PPE | $69,957,642 | $59,289,286 | $32,781,224 | $27,194,930 |
| Accumulated Depreciation | $-154,264,443 | $-127,123,030 | $-80,190,332 | $-43,084,201 |
| Gross PPE | $224,222,085 | $186,412,317 | $112,971,556 | $70,279,132 |
| Leases | $12,011,975 | $10,511,565 | $7,046,024 | $4,642,145 |
| Other Properties | $8,024,880 | $6,905,045 | $5,275,368 | $3,625,584 |
| Machinery Furniture Equipment | $109,526,823 | $92,793,170 | $59,047,628 | $37,964,668 |
| Buildings And Improvements | $94,658,407 | $76,202,536 | $41,602,537 | $24,046,734 |
| Properties | $0 | $0 | $0 | $0 |
| Finished Goods | $185,532,525 | $166,960,331 | $121,671,083 | $62,626,134 |
| Duefrom Related Parties Current | $4,378 | $405,039 | $281,765 | $60,149 |
| Other Short Term Investments | $42,850,130 | $66,343,429 | $52,864,732 | $614,859 |
Fetched: 2026-07-16
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $188,515,067 | $102,575,954 | $155,258,092 | $-21,058,964 |
| Operating Activities | ||||
| Operating Cash Flow | $239,840,452 | $158,509,201 | $201,598,482 | $21,689,678 |
| Cash Flow From Continuing Operating Activities | $239,840,452 | $158,509,201 | $201,598,482 | $21,689,678 |
| Operating Gains Losses | $10,654,477 | $1,230,398 | $3,404,648 | $-64,118,978 |
| Investing Activities | ||||
| Capital Expenditure | $-51,325,384 | $-55,933,247 | $-46,340,389 | $-42,748,642 |
| Investing Cash Flow | $54,522,656 | $24,890,733 | $-67,410,405 | $55,410,333 |
| Cash Flow From Continuing Investing Activities | $54,522,656 | $24,890,733 | $-67,410,405 | $55,410,333 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $0 | $0 | $-1,928,892 | $0 |
| Issuance Of Capital Stock | $88,671,155 | $0 | $0 | $0 |
| Financing Cash Flow | $-196,370,957 | $-163,190,092 | $-133,753,962 | $-74,550,733 |
| Cash Flow From Continuing Financing Activities | $-196,370,957 | $-163,190,092 | $-133,753,962 | $-74,550,733 |
| Cash Dividends Paid | $0 | $0 | $0 | $0 |
| Net Common Stock Issuance | $88,671,155 | $0 | $-1,928,892 | $0 |
| Common Stock Issuance | $88,671,155 | $0 | $0 | $0 |
| Net Other Financing Charges | - | - | - | - |
| Other | ||||
| Repayment Of Debt | $-233,424,696 | $-118,584,460 | $-27,603,285 | $-69,229,754 |
| Issuance Of Debt | $178,319,615 | $145,315,818 | $23,189,430 | $47,766,453 |
| End Cash Position | $240,115,904 | $187,751,005 | $220,880,052 | $265,950,425 |
| Other Cash Adjustment Outside Changein Cash | $-46,408,381 | $-54,727,673 | $-134,668,652 | $-102,594,020 |
| Beginning Cash Position | $187,751,005 | $220,880,052 | $348,108,715 | $316,672,534 |
| Effect Of Exchange Rate Changes | $781,130 | $1,388,784 | $7,005,875 | $49,322,634 |
| Changes In Cash | $97,992,151 | $20,209,842 | $434,115 | $2,549,278 |
| Interest Paid Cff | $-229,937,030 | $-189,921,450 | $-127,411,214 | $-53,087,432 |
| Common Stock Payments | $0 | $0 | $-1,928,892 | $0 |
| Net Issuance Payments Of Debt | $-55,105,082 | $26,731,358 | $-4,413,855 | $-21,463,301 |
| Net Short Term Debt Issuance | $-31,224,809 | $39,844,230 | $7,936,229 | $-11,307,764 |
| Short Term Debt Payments | $-209,544,424 | $-105,471,588 | $-15,253,200 | $-59,074,216 |
| Short Term Debt Issuance | $178,319,615 | $145,315,818 | $23,189,430 | $47,766,453 |
| Net Long Term Debt Issuance | $-23,880,272 | $-13,112,872 | $-12,350,085 | $-10,155,538 |
| Long Term Debt Payments | $-23,880,272 | $-13,112,872 | $-12,350,085 | $-10,155,538 |
| Interest Received Cfi | $84,241,890 | $88,227,497 | $44,682,550 | $16,265,468 |
| Net Investment Purchase And Sale | $21,449,826 | $-7,814,911 | $-66,056,138 | $82,100,861 |
| Sale Of Investment | $72,164,581 | $171,021,411 | $137,672,448 | $161,555,314 |
| Purchase Of Investment | $-50,714,755 | $-178,836,323 | $-203,728,586 | $-79,454,452 |
| Net PPE Purchase And Sale | $-51,169,060 | $-55,521,853 | $-46,036,817 | $-42,723,435 |
| Sale Of PPE | $156,324 | $411,394 | $303,572 | $25,207 |
| Purchase Of PPE | $-51,325,384 | $-55,933,247 | $-46,340,389 | $-42,748,642 |
| Change In Working Capital | $90,190,418 | $-43,254,871 | $-37,501,733 | $31,033,884 |
| Change In Other Working Capital | $6,161,047 | $-4,164,162 | $11,679,625 | $14,077,212 |
| Change In Other Current Liabilities | $-18,041,799 | $11,564,236 | $11,764,322 | $6,517,541 |
| Change In Other Current Assets | $-10,930,397 | $22,976,613 | $2,970,788 | $10,463,785 |
| Change In Payables And Accrued Expense | $139,292,838 | $-6,123,321 | $41,590,337 | $-41,080,048 |
| Change In Payable | $139,292,838 | $-6,123,321 | $41,590,337 | $-41,080,048 |
| Change In Account Payable | $139,652,861 | $-6,297,030 | $41,935,503 | $-39,794,920 |
| Change In Inventory | $-24,623,825 | $-9,856,918 | $-47,178,608 | $55,546,762 |
| Change In Receivables | $-1,667,446 | $-57,651,320 | $-58,328,198 | $-14,491,369 |
| Changes In Account Receivables | $-3,312,512 | $-57,271,616 | $-58,187,900 | $-14,420,487 |
| Other Non Cash Items | $168,890,414 | $177,750,834 | $203,406,842 | $173,145,671 |
| Stock Based Compensation | $4,592,453 | $5,006,058 | $4,273,748 | $7,690,702 |
| Unrealized Gain Loss On Investment Securities | $-1,375,202 | $-3,550,408 | $-9,540,062 | $2,300,924 |
| Provisionand Write Offof Assets | $15,802,661 | $8,996,404 | $-12,639,225 | $-6,745,916 |
| Asset Impairment Charge | $5,727,060 | $0 | $0 | $-534,412 |
| Deferred Tax | $-917,007 | $0 | $0 | - |
| Deferred Income Tax | $-917,007 | $0 | $0 | - |
| Depreciation Amortization Depletion | $67,405,899 | $56,979,160 | $47,160,372 | $25,926,657 |
| Depreciation And Amortization | $67,405,899 | $56,979,160 | $47,160,372 | $25,926,657 |
| Pension And Employee Benefit Expense | $19,772,348 | $15,567,272 | $14,883,507 | $7,897,016 |
| Net Foreign Currency Exchange Gain Loss | $-9,117,871 | $-14,336,873 | $-11,478,859 | $-72,015,993 |
| Net Income From Continuing Operations | $-121,130,720 | $-44,648,374 | $3,033,892 | $-147,008,854 |
| Long Term Debt Issuance | - | $111,019,348 | $17,716,420 | $47,766,453 |
| Net Business Purchase And Sale | - | $0 | $0 | $-232,562 |
| Purchase Of Business | - | $0 | $0 | $-232,562 |
| Gain Loss On Investment Securities | - | - | $510,693 | $504,678 |
Fetched: 2026-07-16