Marti Technologies, Inc. (MRT)

Marti Technologies Cash Flow Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-42.35	-33.81	-14.25	-14.47
Depreciation & Amortization	9.73	10.04	9.1	5.47
Loss (Gain) From Sale of Assets	0.42	0.57	0.14	0.18
Stock-Based Compensation	3.89	1.99	1.66	0.87
Other Operating Activities	5.53	4.79	-0.87	5.02
Change in Accounts Receivable	0.26	0.19	-0.21	-0.19
Change in Inventory	1.2	0.66	-2.1	-1.75
Change in Accounts Payable	-1.5	-0.78	1.66	2.37
Change in Unearned Revenue	0.31	0.22	0.66	1.03
Change in Income Taxes	-	-	-0.53	0.89
Change in Other Net Operating Assets	3.27	1.27	-0.73	-3.45
Operating Cash Flow	-19.25	-14.87	-5.47	-4.04
Capital Expenditures	-0.9	-4.74	-7.99	-22.83
Sale of Property, Plant & Equipment	0.02	0.02	0.04	-
Sale (Purchase) of Intangibles	-0.67	-0.1	-0.21	-0.06
Investing Cash Flow	-1.56	-4.82	-8.16	-22.89
Long-Term Debt Issued	-	7.5	15.47	14.93
Long-Term Debt Repaid	-	-7.2	-4.21	-1.54
Net Debt Issued (Repaid)	0.06	0.3	11.26	13.38
Other Financing Activities	25.75	28.31	-	-
Financing Cash Flow	25.81	28.61	11.26	43.09
Foreign Exchange Rate Adjustments	-	-	-0.35	-6.45
Net Cash Flow	4.99	8.93	-2.72	9.71
Free Cash Flow	-20.16	-19.6	-13.46	-26.87
Free Cash Flow Margin	-106.35%	-97.88%	-53.85%	-158.07%
Free Cash Flow Per Share	-0.32	-0.39	-0.31	-0.78
Cash Income Tax Paid	-	-	0.53	-
Levered Free Cash Flow	-12.74	-11.71	-	-
Unlevered Free Cash Flow	-6.29	-7.5	-	-
Change in Net Working Capital	-2.83	-3.91	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.