Marti Technologies, Inc. (MRT)
| Market Cap | 94.06M |
| Revenue (ttm) | 20.03M |
| Net Income (ttm) | -33.82M |
| Shares Out | 57.36M |
| EPS (ttm) | -0.67 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 30,201 |
| Open | 1.570 |
| Previous Close | 1.610 |
| Day's Range | 1.570 - 1.680 |
| 52-Week Range | 0.440 - 17.725 |
| Beta | -0.05 |
| Analysts | Buy |
| Price Target | 0.90 (-45.78%) |
| Earnings Date | Aug 8, 2018 |
About MRT
Marti Technologies, Inc. provides tech-enabled urban transportation services to riders in Turkey. It also operates a mobility app that provides multiple transportation services, such as a ride hailing service that matches riders with car, motorcycle, and taxi drivers, as well as operates a fleet of e-mopeds, e-bikes, and e-scooters. In addition, the company offers Super subscriber package, which enables riders to purchase the Marti rides in advance by daily or weekly. The company was founded in 2018 and is headquartered in Istanbul, Turkey. [Read more]
Financial Performance
In 2023, MRT's revenue was $20.03 million, a decrease of -19.84% compared to the previous year's $24.99 million. Losses were -$33.82 million, 137.4% more than in 2022.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for MRT stock is "Buy" and the 12-month stock price forecast is $0.9.
News
Marti's Ride-Hailing Service Reaches Over 1,100,000 Riders and Over 170,000 Registered Drivers, Exceeding June 30, 2024 Targets of Over 1,000,000 Riders and Over 165,000 Registered Drivers
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app and only multi-modal urban mobility provider, announced today ...
Marti's Ride-Hailing Service Reaches Over 925,000 Riders and Over 155,000 Registered Drivers, Exceeding June 30, 2024 Targets a Month and a Half Earlier Than Planned
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app and only multi-modal urban mobility provider, announced today ...
Marti Technologies, Inc. Appoints New Chief Financial Officer
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, today announced that it has appointed Oguz Erkan as its new C...
Marti Announces Amendment to up to $2.5M Share Repurchase Program
ISTANBUL--(BUSINESS WIRE)--Türkiye's leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) today announced an amendment to its share repurchase program. O...
Marti's Ride-Hailing Service Reaches Over 788,000 Riders and Over 145,000 Registered Drivers
ISTANBUL--(BUSINESS WIRE)--Türkiye's leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) has hit over 788,000 unique riders and over 145,000 registered ...
Marti Announces Full Year 2023 Results
ISTANBUL--(BUSINESS WIRE)--Türkiye's leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) today announced its financial and operational results for the f...
Marti Technologies, Inc. to Report Full Year 2023 Results on April 16, 2024
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti”) (NYSE American: MRT), Türkiye's leading mobility super app, will announce its full year 2023 financial and operational results before the ...
Marti Launches Taxi-Hailing Service as Its Sixth Urban Transportation Modality
ISTANBUL--(BUSINESS WIRE)--Türkiye's leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) operates car-hailing and motorcycle-hailing services, and a fle...
Marti Acquires Zoba's AI-Powered Optimization Platform to Increase Ridership and Reduce Operational Costs
ISTANBUL--(BUSINESS WIRE)--Türkiye's leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), and Zoba Inc. (“Zoba”), the world's leader in fleet optimizati...
Marti introduces multi-modal subscription packages to increase rider usage and improve the operational efficiency of its two-wheeled electric vehicle business
ISTANBUL--(BUSINESS WIRE)--Türkiye's leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) operates a fleet of around forty thousand e-bikes, e-mopeds, an...
Marti Announces up to $2.5M Share Repurchase Program
ISTANBUL--(BUSINESS WIRE)--Türkiye's leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) today announced a share repurchase program. The Company's Board...
Marti Announces Completion of Redemption of Outstanding Warrants
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility app, today announced that it completed the redemption of its outstanding...
Marti Announces Expiration and Results of the Offer to Purchase and Consent Solicitation Relating to its Warrants and Issues Notice of Redemption with Respect to its Outstanding Warrants
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility app, today announced that it has successfully completed a tender process...
Marti Warrant Holders Reminded to Tender Warrants Before 12:00 Midnight, Eastern Time on December 19, 2023
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility app, today provided a reminder of its previously announced offer to purc...
Marti's Ride-Hailing Service Reaches Over 452,000 Riders and Over 100,000 Registered Drivers, Once Again Exceeding Revised 2023 Year End Targets Half a Month Earlier Than Planned
ISTANBUL--(BUSINESS WIRE)--Türkiye's leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) has once again outperformed its 2023 year end expectations for ...
Marti Announces Commencement of an Offer to Purchase and Consent Solicitation Relating to its Warrants
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility app, today announced that it has commenced an offer to purchase (the “Of...
Marti's Ride Hailing Service Reaches Over 380,000 Riders and Over 90,000 Registered Drivers, Exceeding 2023 Year End Targets a Month and a Half Earlier Than Planned
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app and only multi-modal urban mobility provider, announced today ...
Marti Completes Deployment of 4,000 New Custom Designed E-mopeds Supporting its Sustainability Targets
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, today announced that it has completed the deployment of 4,000...
Marti Technologies, Inc. Announces Chief Financial Officer Transition
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, today announced a transition in its executive leadership team...
Marti Reports 2023 First Half Results; Investing in Scaling Ride-Hailing
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's mobility super app, today announced its financial and operational results for the first h...
Marti Technologies Inc. to Report 2023 First Half Results on October 13, 2023
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, will announce 2023 First Half financial and operational resul...
Marti Releases First Sustainability Report
ISTANBUL--(BUSINESS WIRE)--Marti Technologies Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, offering ride hailing and a large fleet of shared electric two...
Galata and Marti Complete Business Combination
WASHINGTON & ISTANBUL--(BUSINESS WIRE)--Galata Acquisition Corp. (“Galata”), a Cayman Islands exempted company and a former U.S. publicly-listed special purpose acquisition company, today announced th...