Marti Technologies (MRT)
Combines ride-hailing, delivery, and shared two-wheeled electric vehicles through one Türkiye-focused app.
$1.99
vs last close+0.05 (+2.58%)
In millions of USD, except per-share figures
| In millions | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 10 | 4 | 4 | 5 | 5 | 7 | 7 | 12 | 12 | 15 | 20 |
| Cost of revenue | 21 | 5 | 5 | 6 | 6 | 4 | 4 | 4 | 4 | 5 | 5 |
| Gross profit | −11 | −1 | −1 | −1 | −1 | 3 | 3 | 9 | 9 | 10 | 15 |
| 13 | 8 | 8 | 23 | 23 | 10 | 10 | 17 | 17 | 10 | 10 | |
| Research & development | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 9 | 8 | 8 | 22 | 22 | 8 | 8 | 13 | 13 | 9 | 10 | |
| Selling & marketing | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 5 | 5 | 0 | 0 |
| General & administrative | 5 | 5 | 5 | 20 | 20 | 6 | 6 | 8 | 8 | 0 | 0 |
| Other expenses | 3 | 0 | 0 | 1 | 1 | 2 | 2 | 3 | 3 | 0 | 0 |
| Operating income | −24 | −9 | −9 | −24 | −24 | −6 | −6 | −8 | −8 | 1 | 5 |
| −3 | −2 | −2 | −2 | −2 | −3 | −3 | −3 | −3 | −8 | −17 | |
| Interest income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest expense | 6 | 0 | 0 | 3 | 3 | 3 | 3 | 5 | 5 | 4 | 4 |
| Other non-operating income | −3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | −27 | −11 | −11 | −26 | −26 | −10 | −10 | −11 | −11 | −7 | −13 |
| Net income from continuing operations | −27 | −11 | −11 | −26 | −26 | −10 | −10 | −11 | −11 | −7 | −13 |
| Net income | −27 | −11 | −11 | −26 | −26 | −10 | −10 | −11 | −11 | −7 | −13 |
| EPS, basic | −$0.16 | −$0.19 | −$0.19 | −$0.45 | −$0.45 | −$0.13 | −$0.13 | −$0.13 | −$0.13 | −$0.09 | −$0.15 |
| EPS, diluted | −$0.16 | −$0.19 | −$0.19 | −$0.45 | −$0.45 | −$0.13 | −$0.13 | −$0.13 | −$0.13 | −$0.09 | −$0.15 |
| Weighted average shares, basic | 67 | 58 | 58 | 58 | 58 | 74 | 74 | 82 | 82 | 86 | 86 |
| Weighted average shares, diluted | 67 | 58 | 58 | 58 | 58 | 74 | 74 | 82 | 82 | 86 | 86 |
| EBITDA | −16 | −7 | −7 | −21 | −21 | −5 | −5 | −7 | −7 | 1 | 5 |
| Depreciation & amortization | 5 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBIT | −21 | −9 | −9 | −24 | −24 | −6 | −6 | −8 | −8 | 1 | 5 |