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Marti Technologies, Inc. logo

Marti Technologies, Inc.

MRT

AMEXTechnologySoftware - Application

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Regular session

$2.10

−$0.05 · -2.33%

Aug 24, 12:37 PM ET

MRT company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

66

Undervalued

Momentum

21

Weakening

Sentiment

61

Bullish

Risk resilience

31

High Risk

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Company profile

Company website

Marti Technologies Inc. (MRT), headquartered in Istanbul, Turkey, specializes in urban mobility. The company provides city-dwellers across Turkey with a range of transportation solutions via its proprietary mobile application. This platform offers access to a diverse fleet of shared electric vehicles, including e-mopeds, e-bikes, and e-scooters. Marti Technologies was established in 2018.

Industry
Software - Application
Sector
Technology
Headquarters
TR
CEO
Oguz Alper Oktem
Listed since
Aug 30, 2021
Employees
473

Market position

Day range

Current $2.10

52-week range

Current $2.10

Open
$2.03
Previous close
$2.15
Volume
16.1K
0.34× average
Average volume
47.64K
Average daily volume
Market cap
180.69M USD
Beta
0.34
Market reference 1
50-day average
$1.703
+23.31% above average
200-day average
$2.0335
+3.27% above average

Financials

Financial snapshot

Latest / TTM

Financial health

Altman Z-score
-6.76
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends50%-112%-274%-436%Gross margin, FY2021: -18.30%Gross margin, FY2022: -31.94%Gross margin, FY2023: -64.16%Gross margin, FY2024: -253.02%Gross margin, FY2025: 9.28%Operating margin, FY2021: -52.84%Operating margin, FY2022: -59.02%Operating margin, FY2023: -141.22%Operating margin, FY2024: -340.03%Operating margin, FY2025: -51.03%Net margin, FY2021: -85.14%Net margin, FY2022: -57.01%Net margin, FY2023: -168.82%Net margin, FY2024: -395.94%Net margin, FY2025: -105.62%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 -18.30%. Gross margin FY2022 -31.94%. Gross margin FY2023 -64.16%. Gross margin FY2024 -253.02%. Gross margin FY2025 9.28%. Operating margin FY2021 -52.84%. Operating margin FY2022 -59.02%. Operating margin FY2023 -141.22%. Operating margin FY2024 -340.03%. Operating margin FY2025 -51.03%. Net margin FY2021 -85.14%. Net margin FY2022 -57.01%. Net margin FY2023 -168.82%. Net margin FY2024 -395.94%. Net margin FY2025 -105.62%.

Income trends

Revenue

39.24M USD+110.30%

Operating income

−20.02M USD+68.44%

Net income

−41.45M USD+43.90%
Income trends across reported periods50.55M USD5.3M USD−39.94M USD−85.19M USDRevenue, FY2021: 17M USDRevenue, FY2022: 24.99M USDRevenue, FY2023: 20.03M USDRevenue, FY2024: 18.66M USDRevenue, FY2025: 39.24M USDOperating income, FY2021: −8.98M USDOperating income, FY2022: −14.75M USDOperating income, FY2023: −28.28M USDOperating income, FY2024: −63.45M USDOperating income, FY2025: −20.02M USDNet income, FY2021: −14.47M USDNet income, FY2022: −14.25M USDNet income, FY2023: −33.81M USDNet income, FY2024: −73.88M USDNet income, FY2025: −41.45M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 17M USD. Revenue FY2022 24.99M USD. Revenue FY2023 20.03M USD. Revenue FY2024 18.66M USD. Revenue FY2025 39.24M USD. Operating income FY2021 −8.98M USD. Operating income FY2022 −14.75M USD. Operating income FY2023 −28.28M USD. Operating income FY2024 −63.45M USD. Operating income FY2025 −20.02M USD. Net income FY2021 −14.47M USD. Net income FY2022 −14.25M USD. Net income FY2023 −33.81M USD. Net income FY2024 −73.88M USD. Net income FY2025 −41.45M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue39.24M USD18.66M USD20.03M USD24.99M USD17M USD
Cost of goods sold35.6M USD65.87M USD32.88M USD32.97M USD20.11M USD
Gross profit3.64M USD−47.21M USD−12.85M USD−7.98M USD−3.11M USD
Research and development3.01M USD1.96M USD1.95M USD1.88M USD1.04M USD
Selling, general, and administrative20.05M USD13.71M USD12.66M USD4.13M USD3.44M USD
Operating expenses23.67M USD16.24M USD15.43M USD6.77M USD5.87M USD
Interest income1.35M USD1.01M USD803.61K USD2.57M USD4.79K USD
Interest expense15.65M USD9.98M USD6.74M USD1.93M USD—
Depreciation and amortization3.59M USD8.69M USD10.04M USD9.1M USD5.47M USD
Operating income−20.02M USD−63.45M USD−28.28M USD−14.75M USD−8.98M USD
Net income−41.45M USD−73.88M USD−33.81M USD−14.25M USD−14.47M USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
-0.53
FY2025
Latest fiscal-year revenue
39.24M USD
FY2025 · +110.30% year over year
Next fiscal-year EPS consensus
-0.04
FY2027 · 2 analysts
Next fiscal-year revenue consensus
82.46M USD
FY2026 · 3 analysts

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend0.09-0.4-0.88-1.37FY21FY22FY23FY24FY25FY27

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend161.1M108.7M56.3M3.9MFY21FY22FY23FY24FY25FY26FY27

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Recent analyst actions

2 institutions
BenchmarkmaintainBuy

ETFs holding MRT

Funds reporting this stock among their holdings, ordered by reported position size.

State Street SPDR S&P Emerging Markets Small Cap ETF logoState Street SPDR S&P Emerging Markets Small Cap ETFEWX
Market value
65.73K
Weight
0.01%
AUM
685.65M USD
Expense ratio
0.65%
Price / 1D
$71.54-0.85%

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