Why did Arena Bilgisayar transfer its distribution business?

Arena Bilgisayar's Strategic Move

Arena Bilgisayar announced that it has transferred its device distribution contract with Vodafone to Datagate Bilgisayar. This strategic step is seen as an effort to reduce the company's operational burden and generate financial resources. Arena has transferred the mentioned contract for 8 million dollars, excluding VAT.

Financial Performance and Future Vision

The company's financial year runs from April 1 to March 31. According to Arena's latest announced six-month financial data, its revenue has increased by 20%. However, due to high expenses, it was reported that it recorded an operating loss of 38.5 million TL. High financing expenses have drawn attention, increasing the net loss for the period to 711.6 million TL.

Value-Added Investments

Arena stated that it will direct the revenue obtained from the contract transfer to high value-added business areas such as robotic automation and artificial intelligence. In this way, it plans to shift away from low-margin device distribution and focus on technology investments with higher return potential.

Desa Deri's Export Success

On the other hand, Desa Deri has also achieved exports to more than 34 countries through its showroom in Milan. Its products are featured in over 120 boutiques, and the investment in Italy has reached a profitability phase. In the e-commerce sector, a growth of 63% has been recorded.

Market Dynamics and Dividend Expectations

Recently, in the market structure, sellers have been in a more active position since November 6. Additionally, after a long time, there is a plan to pay dividends to shareholders in 2025. This demonstrates the company's determination to maintain its financial stability.