Marti Technologies, Inc. engages in the provision of tech-enabled urban transportation services to riders across Turkiye. The company is headquartered in Washington, Washington Dc and currently employs 442 full-time employees. The company went IPO on 2021-07-09. The firm operates a ride-hailing service that matches riders with car and motorcycle drivers. Its offerings are serviced by software systems and Internet of Things (IoT) infrastructure. The company offers tech-enabled urban transportation services to riders across Turkiye through two service offerings in the metropolitan areas: ride-hailing and two-wheeled electric vehicles. Its ride-hailing service matches riders with cars, motorcycles, and taxi drivers. The firm's two-wheeled electric vehicle service offers a shared mobility solution through a Company-owned and operated fleet of e-mopeds, e-bikes and e-scooters. The company offers environmentally sustainable transportation services to its riders. The company operates an artificial intelligence (AI)-powered SaaS platform, offering dynamic fleet optimization algorithms for two-wheeled electric vehicle rental operators.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenue
32
18
20
0
0
0
Revenue Growth (YoY)
14%
-10%
--
--
--
--
Cost of Revenue
27
20
21
--
--
--
Gross Profit
5
-1
-1
--
--
--
Selling, General & Admin
74
59
23
2
0
--
Research & Development
3
1
1
--
--
--
Operating Expenses
82
63
27
2
0
--
Other Non Operating Income (Expenses)
0
0
0
--
--
--
Pretax Income
-93
-73
-33
0
0
--
Income Tax Expense
--
0
0
--
--
--
Net Income
-93
-73
-33
0
0
--
Net Income Growth
69%
121%
--
--
--
--
Shares Outstanding (Diluted)
73.95
58.96
50.57
17.97
17.97
--
Shares Change (YoY)
17%
17%
181%
0%
--
--
EPS (Diluted)
-1.25
-1.25
-0.66
-0.05
-0.05
--
EPS Growth
42%
87%
1,237%
0%
--
--
Free Cash Flow
-20
-26
-19
0
0
-10
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
15.62%
-5.55%
-5%
--
--
--
Operating Margin
-240.62%
-361.11%
-145%
0%
0%
0%
Profit Margin
-290.62%
-405.55%
-165%
0%
0%
--
Free Cash Flow Margin
-62.5%
-144.44%
-95%
0%
0%
0%
EBITDA
-71
-57
-19
--
--
2
EBITDA Margin
-221.87%
-316.66%
-95%
--
--
0%
D&A For EBITDA
6
8
10
--
--
2
EBIT
-77
-65
-29
-2
0
0
EBIT Margin
-240.62%
-361.11%
-145%
0%
0%
0%
Effective Tax Rate
--
0%
0%
--
--
--
Follow-Up Questions
What are Marti Technologies Inc's key financial statements?
According to the latest financial statement (Form-10K), Marti Technologies Inc has a total asset of $0, Net loss of $-73
What are the key financial ratios for MRT?
Marti Technologies Inc's Current ratio is 0, has a Net margin is -405.55, sales per share of $0.3.
How is Marti Technologies Inc's revenue broken down by segment or geography?
Marti Technologies Inc largest revenue segment is Two-wheeled Electric Vehicle Rentals, at a revenue of 20,029,552 in the most earnings release.For geography, United States is the primary market for Marti Technologies Inc, at a revenue of 20,029,552.
Is Marti Technologies Inc profitable?
no, according to the latest financial statements, Marti Technologies Inc has a net loss of $-73
Does Marti Technologies Inc have any liabilities?
no, Marti Technologies Inc has liability of 0
How many outstanding shares for Marti Technologies Inc?
Marti Technologies Inc has a total outstanding shares of 0