Marti Technologies Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020
Revenue	20.03	24.99	17	9.76
Revenue Growth (YoY)	-19.84%	47.00%	74.11%	-
Cost of Revenue	24.09	27.09	16.96	9.6
Gross Profit	-4.06	-2.11	0.04	0.16
Selling, General & Admin	22.48	10.69	7.31	3.49
Research & Development	1.96	1.88	1.04	0.54
Other Operating Expenses	2.12	0.21	0.75	0.16
Operating Expenses	26.55	12.78	9.1	4.2
Operating Income	-30.6	-14.88	-9.05	-4.03
Interest Expense / Income	6.77	1.93	4.71	0.61
Other Expense / Income	-3.56	-2.57	-0.18	-0.02
Pretax Income	-33.82	-14.25	-13.58	-4.63
Income Tax	0	0	0.89	0
Net Income	-33.82	-14.25	-14.47	-4.63
Shares Outstanding (Basic)	51	44	34	19
Shares Outstanding (Diluted)	51	44	34	19
Shares Change	14.66%	28.81%	83.43%	-
EPS (Basic)	-0.67	-0.32	-0.42	-0.25
EPS (Diluted)	-0.67	-0.32	-0.42	-0.25
Free Cash Flow	-19.58	-13.42	-26.87	-10.28
Free Cash Flow Per Share	-0.39	-0.30	-0.79	-0.55
Gross Margin	-20.24%	-8.42%	0.25%	1.65%
Operating Margin	-152.79%	-59.56%	-53.26%	-41.32%
Profit Margin	-168.82%	-57.01%	-85.13%	-47.42%
Free Cash Flow Margin	-97.77%	-53.70%	-158.07%	-105.32%
EBITDA	-17	-3.22	-3.4	-1.3
EBITDA Margin	-84.86%	-12.87%	-20.00%	-13.27%
Depreciation & Amortization	10.05	9.1	5.47	2.72
EBIT	-27.04	-12.31	-8.87	-4.02
EBIT Margin	-135.01%	-49.28%	-52.19%	-41.15%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).