YOLFTbeta
Marti Technologies Inc.

Marti Technologies Inc.

MRT · AMEX · Technology / Software - Application

2.10USD+0.08 (+3.96%)

Price History

Full chart

Market Stats

Previous Close2.02
Open2.01
Day Range2.00 – 2.10
52-Week Range1.12 – 2.75
Volume52.95K
Market Cap187.13M
P/E (TTM)0.00
Forward P/E49.51
EPS-0.50
Dividend Yield0.00%
Beta0.34
50-Day Avg1.99
200-Day Avg1.99

About

Marti Technologies, Inc. provides tech-enabled urban transportation services to riders in Turkey. It operates a mobility app that provides multiple transportation services, such as a ride-hailing service which matches riders with car, motorcycle, and taxi drivers, as well as operates a fleet of e-mopeds, e-bikes, and e-scooters. The company was founded in 2018 and is headquartered in Istanbul, Turkey.

Company Details

  • SectorTechnology
  • IndustrySoftware - Application
  • CEOMr. Oguz Alper Oktem
  • Employees473
  • HeadquartersBuyukdere Cd. No:237, Istanbul, Turkey, 34485, USA
  • Websitehttps://www.marti.tech

Leadership

  • Mr. Oguz Alper OktemFounder, CEO & Chairman · b. 1991
  • Mr. Cankut DurgunCo-Founder, COO, President & Director · b. 1986
  • Mr. Cenk OzekerChief Financial Officer · b. 1968

Financials

Income Statement

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue9.76M17.00M24.99M20.03M18.66M39.24M
Growth (%)-+74.12%+46.99%-19.84%-6.84%+110.30%
Cost of Revenue9.52M20.11M27.09M32.88M65.87M35.60M
Gross Profit244.84K-3.11M-2.10M-12.85M-47.21M3.64M
Gross Margin2.51%-18.30%-8.42%-64.16%-253.02%9.28%
Operating Expense4.20M5.87M-1.27M15.43M16.24M23.67M
Operating Income-3.95M-8.98M-837.12K-28.28M-63.45M-20.02M
Operating Margin-40.47%-52.84%-3.35%-141.22%-340.03%-51.03%
EBITDA1.01M-7.50M-837.12K-17.03M-55.21M-22.22M
EBITDA Margin10.31%-44.11%-3.35%-85.02%-295.90%-56.61%
Net Income-4.63M-14.47M-837.12K-33.81M-73.88M-41.45M
Net Income Margin-47.42%-85.14%-3.35%-168.82%-395.94%-105.62%
R&D541.24K1.04M1.88M1.95M1.96M3.01M
R&D as % of Total Revenue5.54%6.11%7.52%9.76%10.52%7.66%
Interest Expense263.96K612.86K1.88M6.74M9.98M15.65M
Interest Expense % of Total Revenue2.70%3.61%7.54%33.66%53.47%39.87%

Balance Sheet

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets13.64M38.99M40.88M40.21M20.38M29.80M
Total Liabilities10.96M18.47M33.28M72.91M81.82M96.89M
Total Equity2.69M20.52M7.60M-32.70M-61.44M-67.09M
Cash3.50M13.22M10.50M19.42M5.15M7.81M
Total Debt9.44M14.33M26.50M65.94M75.25M86.57M
Net Debt5.94M1.11M16.00M46.52M70.10M78.76M

Cash Flow

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow2.10M-4.04M-5.47M-14.87M-25.08M-14.78M
Investing Cash Flow-17.71M-22.89M-8.16M-4.82M-1.04M-542.00K
Financing Cash Flow32.45M43.09M11.26M28.61M11.84M17.98M
Capital Expenditure17.71M22.89M8.20M4.84M1.04M485.00K
Free Cash Flow-15.62M-26.93M-13.66M-19.71M-26.12M-15.27M
FCF to OCF-745.14%667.05%249.99%132.57%104.14%103.28%

Earnings

Report DateNov 9, 2016Feb 27, 2017May 8, 2017Aug 8, 2017Nov 7, 2017Feb 21, 2018May 10, 2018Aug 8, 2018Nov 9, 2018Feb 25, 2019May 20, 2019Sep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023Sep 30, 2024Apr 29, 2025Sep 22, 2025May 21, 2026Aug 19, 2026Nov 18, 2026
EPS Estimate0.090.160.150.150.170.180.170.170.180.040.12-------0.000.00-0.22--0.06-0.04
EPS Actual0.120.150.140.150.170.180.160.10-0.07-0.02-0.02-0.01-0.04-0.05-0.02-0.040.050.07-0.38-0.87-0.13-0.09-0.15-
Surprise33.33%-6.25%-6.67%0.00%0.00%0.00%-5.88%-41.18%-138.89%-150.00%-116.67%---------40.91%--150.00%-
Timing----------------------Pre-market-

Key Statistics & Ratios

Market Cap187.13M
Enterprise Value266.03M
Trailing P/E0.00
Forward P/E49.51
Price / Sales3.08
Price / Book0.00
EPS-0.50
Book Value-0.968
Revenue (TTM)60.33M
Gross Profit (TTM)43.49M
EBITDA-16.32M
Profit Margin-69.78%
Operating Margin-0.68%
Return on Equity85.43%
Return on Assets-49.43%
Shares Outstanding86.63M
Shares Float26.94M
Beta0.34
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 4 analystsTarget 5.04
  • Strong Buy
    2
  • Buy
    1
  • Hold
    1