Marti Technologies, Inc.

Marti Technologies, Inc.

MRT
Marti Technologies, Inc.US flagNew York Stock Exchange Arca
1.82
USD
-0.01
- -
156.60MMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
Revenue per Share
0.22
0.39
0.57
0.4
0.29
0.46
Basic EPS, GAAP
-0.1
-0.33
-0.32
-0.67
-1.17
-0.48
Free Cash Flow per Basic Share
-0.35
-0.61
-0.31
-0.39
-0.41
-0.18
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.21
-0.63
0.16
-0.57
-0.97
-0.78
Tangible Book Value per Share
-0.21
-0.63
0.15
-0.58
-0.98
-0.78
Basic Weighted Avg Shares
44
44
44
51
63
86
Sales/Revenue/Turnover
10
17
25
20
19
39
Operating Margin (%)
-38.11
-52.84
-59.02
-141.22
-340.03
-51.03
Depreciation Expense
5
5
9
10
9
4
Net Income, GAAP
-5
-14
-14
-34
-74
-41
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-47.42
-85.14
-57.01
-168.82
-395.94
-105.62
Working Capital
-5
8
5
8
- -
- -
LT Debt
- -
1
1
- -
- -
82
Total Equity
3
21
8
-33
-61
-67
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
33.58%
9.19%
Free Cash Flow
- -
11.72%
-41.33%
Net Income, GAAP
- -
84.59%
-43.9%
Sales/Revenue/Turnover
- -
40.95%
110.3%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
19
2025
8
- -
- -
- -
39
2026
20
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
-1.17
2025
-0.12
- -
- -
- -
-0.48
2026
-0.15
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Oguz Alper Oktem
Full Time Employees
473
Sector
Technology
Industry
Software - Application
Address
Buyukdere Caddesi No. 237 Istanbul IB Türkiye 34485
IPO Date
Aug 30, 2021
Website
marti.tech
Business
Marti Technologies, Inc. (NYSE: MRT) operates as Turkey's leading mobility super app, providing tech-enabled urban transportation services through a proprietary platform supported by software systems and Internet of Things infrastructure. The company offers ride-hailing that matches riders with car, motorcycle, and taxi drivers; delivery services; and a large fleet of rental e-mopeds, e-bikes, and e-scooters; as well as driver subscription packages enabling prepaid rides on daily or weekly bases. Founded in 2018 and headquartered in Istanbul, Turkey, with corporate offices in Grand Cayman, Cayman Islands, Marti primarily serves urban riders in multiple cities across Türkiye. Recent developments include the expansion of ride-hailing services to 10 additional cities in 2025, increasing the addressable population 1.5 times to 42.2 million; the launch of delivery services and integration of public transportation options into its app; announcement of a 2025-2026 investment plan; initiation of a crypto asset treasury strategy; and achievement of 70% year-over-year revenue growth to $14.3 million in the first half of 2025, with projections to nearly double full-year revenue to $34 million.

Company News

  • MHI Receives Follow-up Order for 8 Two-Car Trains for Singapore's Sengkang-Punggol LRT (SPLRT)

  • Monte Rosa's MRT-8102 Shows Biomarker Gains in GFORCE-1 Study

  • Monte Rosa Therapeutics Announces Positive Results for MRT-8102 in GFORCE-1 Phase 1 Study Showing Normalization of Key Pathogenic Drivers of ASCVD in Subjects with Elevated CVD Risk

  • Monte Rosa Therapeutics to Present Results of MRT-8102 GFORCE-1 Phase 1 Study in Subjects with Elevated Cardiovascular Disease Risk

  • Marti Increases Share Repurchase Authorization to $5 Million and Extends Program Through April 2027

  • Monte Rosa Therapeutics Announces Milestone Achievement Associated with Initiation of Phase 2 Clinical Study for VAV1-directed Molecular Glue Degrader MRT-6160 (DDY391)

  • Marti's Ride-Hailing Service Reaches 4.90 Million Riders and 584 Thousand Registered Drivers, Exceeding September 30, 2026 Targets a Month Earlier Than Planned

  • Marti Technologies: Buy The Inflection Point

  • Monte Rosa Therapeutics Announces First Patient Dosed in MODeFIRe-1, a Phase 2 Study of MRT-2359 in Combination with Apalutamide in Patients with AR Mutation-Positive Metastatic Castration-Resistant Prostate Cancer

  • Marti Technologies, Inc. (MRT) Q2 2026 Earnings Call Transcript

  • Marti Technologies H1 Earnings Call Highlights

  • Marti Achieves Record Second Quarter with 141% Revenue Growth, 77% Gross Profit Margin, Significant Improvement in Profitability, and Increased Guidance

  • Marti Technologies, Inc. to Report 2026 Second Quarter Results on August 19, 2026

  • Marti Technologies Launches Ride-Hailing Service in 10 New Cities Across Türkiye

  • Monte Rosa Therapeutics Announces Second Quarter 2026 Financial Results and Business Updates

  • Marti Technologies Increases Fiscal Year 2026 Guidance on Accelerating Growth and Margin Expansion

  • Marti and Tensor Partner to Deploy Autonomous Vehicles in Türkiye

  • Marti Technologies Provides Update on Its Share Repurchase Program

  • Marti's Ride-Hailing Service Reaches 4.30 Million Riders and 532 Thousand Registered Drivers, Exceeding June 30, 2026 Targets

  • Marti Is Highly Risky, Financially And Operationally