Financial Snapshot

Revenue
$37.92M
TTM
Gross Margin
-21.34%
TTM
Net Earnings
-$66.46M
TTM
Current Assets
Current Liabilities
Current Ratio
Total Assets
Total Liabilities
Book Value
Cash
P/E
-2.796
Nov 29, 2024 EST
Free Cash Flow
-$30.92M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $20.03M $0.00 $0.00 $0.00
YoY Change

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020
Revenue $20.03M $0.00 $0.00 $0.00
Cost Of Revenue $21.87M $27.09M $16.96M
Gross Profit -$1.844M -$27.09M -$16.96M
Gross Profit Margin -9.21%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020
Selling, General & Admin $23.99M $2.952M $846.0K
YoY Change 712.72% 248.93%
% of Gross Profit
Research & Development $1.955M $1.878M $1.039M
YoY Change 4.1% 80.82%
% of Gross Profit
Depreciation & Amortization $10.04M $9.097M $5.473M $2.722M
YoY Change 10.42% 66.21% 101.09%
% of Gross Profit
Operating Expenses $27.91M $2.952M $846.0K
YoY Change 845.57% 248.93%
Operating Profit -$29.76M -$14.88M -$9.053M
YoY Change 99.97% 64.38%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020
Interest Expense -$3.184M $2.115M $4.790K
YoY Change -250.54% 44051.57%
% of Operating Profit
Other Income/Expense, Net -$27.57K $2.115M -$11.00K
YoY Change -101.3% -19325.98%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020
Pretax Income -$33.81M -$837.1K -$841.0K
YoY Change 3939.41% -0.46%
Income Tax $0.00 $887.6K
% Of Pretax Income
Net Earnings -$33.81M -$837.1K -$841.0K
YoY Change 3939.43% -0.46%
Net Earnings / Revenue -168.82%
Basic Earnings Per Share -$0.67 -$0.32 -$0.42
Diluted Earnings Per Share -$0.67 -$0.05 -$68.43K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020
Cash & Short-Term Investments $251.9K $611.0K $3.502M
YoY Change -58.78% -82.55%
Cash & Equivalents $251.9K $611.0K
Short-Term Investments
Other Short-Term Assets $71.49K $147.0K $821.1K
YoY Change -51.37% -82.1%
Inventory $279.3K
Prepaid Expenses
Receivables $88.06K
Other Receivables $891.9K
Total Short-Term Assets $323.4K $758.0K $5.583M
YoY Change -57.34% -86.42%
Property, Plant & Equipment $8.039M
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $148.7M $146.6M
YoY Change 1.44%
Other Assets $0.00 $146.7M
YoY Change -100.0%
Total Long-Term Assets $148.7M $146.7M $8.058M
YoY Change 1.39% 1720.47%
Total Assets $149.1M $147.5M $13.64M
YoY Change
Accounts Payable $3.154M $817.0K
YoY Change
Accrued Expenses $706.0K $1.073M
YoY Change -34.18%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $8.604M
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.154M $706.0K $10.55M
YoY Change 346.69% -93.31%
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $5.031M $148.8M $409.5K
YoY Change -96.62% 36233.89%
Total Long-Term Liabilities $5.031M $148.8M $409.5K
YoY Change -96.62% 36233.89%
Total Liabilities $8.185M $149.5M $10.96M
YoY Change -94.52% 1264.54%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020
Basic Shares Outstanding 50.58M shares 44.11M shares 34.24M shares
Diluted Shares Outstanding 50.58M shares 44.11M shares 34.24M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $185.83 Million

About Marti Technologies, Inc.

Marti Technologies, Inc. engages in the provision of tech-enabled urban transportation services to riders across Turkiye. The company is headquartered in Washington, Washington Dc and currently employs 553 full-time employees. The company went IPO on 2021-07-09. The firm operates a ride-hailing service that matches riders with car and motorcycle drivers. The company operates a fleet of rental e-mopeds, e-bikes, and e-scooters. The Company’s offerings are serviced by software systems and Internet of things (IoT) infrastructure. Its artificial intelligence (AI)-powered software as a service (SaaS) platform focuses on critical components of its ride-hailing business, such as rider-driver matching algorithm and its dynamic pricing engine. The firm offers environmentally sustainable transportation services to its riders. Its rentable services are delivered via fully electric two-wheeled vehicles, and its ride-hailing service promotes shared trips, thereby contributing to environmental sustainability through reduced emissions in the cities where it operates.

Industry: Services-Auto Rental & Leasing (No Drivers) Peers: AVIS BUDGET GROUP, INC. Driveitaway Holdings, Inc. Bird Global, Inc. EVmo, Inc. micromobility.com Inc. HERTZ GLOBAL HOLDINGS, INC Getaround, Inc Lyft, Inc. Uber Technologies, Inc