Marti Technologies, Inc. (MRT)
Market Cap | 113.10M |
Revenue (ttm) | 18.95M |
Net Income (ttm) | -42.35M |
Shares Out | 58.60M |
EPS (ttm) | -0.68 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 36,089 |
Open | 1.950 |
Previous Close | 1.970 |
Day's Range | 1.930 - 1.975 |
52-Week Range | 0.440 - 2.730 |
Beta | -0.01 |
Analysts | Buy |
Price Target | 0.90 (-53.37%) |
Earnings Date | n/a |
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, Marti Technologies's revenue was $20.03 million, a decrease of -19.84% compared to the previous year's $24.99 million. Losses were -$33.81 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 Releases 2023 Sustainability Report
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, today released its 2023 Sustainability Report. The report hig...
Marti Technologies, Inc. Appoints New Interim 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 Deniz Terlemez as its n...
Morguard Real Estate Investment Trust (MGRUF) Q3 2024 Earnings Call Transcript
Morguard Real Estate Investment Trust (OTC:MGRUF) Q3 2024 Earnings Conference Call October 31, 2024 4:00 PM ET Company Participants Andrew Tamlin - Chief Financial Officer John Ginis - Assistant Vice ...
Marti Announces Amendment to Extend its 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 extend its share repurchase pro...
Marti Begins Monetizing its Ride-Hailing Service
ISTANBUL--(BUSINESS WIRE)--Türkiye's leading mobility super app, Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), has begun monetization of its ride-hailing service. As the on...
Marti Technologies, Inc. (MRT) Q2 2024 Earnings Call Transcript
Marti Technologies, Inc. (NYSE:MRT) Q2 2024 Earnings Conference Call September 30, 2024 8:30 AM ET Company Participants Oguz Alper Oktem - Founder and Chief Executive Officer Cankut Durgun - Co-Found...
Marti Announces 2024 First Half 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 2024 First Half Results on September 30, 2024
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti”) (NYSE American: MRT), Türkiye's leading mobility super app, will announce its 2024 first half financial and operational results before the...
Marti's Ride-Hailing Service Reaches Over 1,300,000 Riders and Over 205,000 Registered Drivers, Exceeding September 30, 2024 Targets of Over 1,300,000 Riders and Over 190,000 Registered Drivers a Month Earlier Than Planned
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, announced today that as of August 31, 2024, Marti's ride-hail...
Morguard Real Estate Investment Trust (MGRUF) Q2 2024 Earnings Call Transcript
Morguard Real Estate Investment Trust (OTC:MGRUF) Q2 2024 Earnings Call August 1, 2024 4:00 PM ET Company Participants Rai Sahi - Chairman and Chief Executive Officer Andrew Tamlin - Chief Financial O...
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...
Morguard Real Estate Investment Trust (MGRUF) Q1 2024 Earnings Call Transcript
Morguard Real Estate Investment Trust (OTC:MGRUF) Q1 2024 Earnings Conference Call May 2, 2024 4:00 PM ET Company Participants Andrew Tamlin - Chief Financial Officer Conference Call Participants Jona...
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 Technologies, Inc. (MRT) Q4 2023 Earnings Call Transcript
Marti Technologies, Inc. (NYSE:MRT) Q4 2023 Earnings Call Transcript April 16, 2024 8:30 AM ET Company Participants Oguz Alper Oktem - Founder and CEO Cankut Durgun - Co-Founder and President Confere...
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...
Morguard Real Estate Investment Trust (MGRUF) Q4 2023 Earnings Call Transcript
Morguard Real Estate Investment Trust (MGRUF) Q4 2023 Earnings Call Transcript
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...