Marti Technologies, Inc. (MRT) Financials

$3.45

south_east
-$0.25 (-6.76%)
Day's range
$3.35
Day's range
$3.59
$30M$30M$20M$20M$10M$10M$0$0-$10M-$10M-$20M-$20M-$30M-$30M-$40M-$40MEarning20202020202120212022202220232023-40%-40%-60%-60%-80%-80%-100%-100%-120%-120%-140%-140%-160%-160%-180%-180%Profit Margin
Profit Margin
Revenue
Earnings

MRT Income statement / Annual

Last year (2023), Marti Technologies, Inc.'s total revenue was $20.03 M, a decrease of 19.84% from the previous year. In 2023, Marti Technologies, Inc.'s net income was -$33.81 M. See Marti Technologies, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2023 FY-2022 FY-2021 FY-2020
Period Ended 12/31/2023 12/31/2022 12/31/2021 12/31/2020
Operating Revenue $20.03 M $24.99 M $17.00 M $9.76 M
Cost of Revenue $23.98 M $26.98 M $16.40 M $9.52 M
Gross Profit -$3.95 M -$1.99 M $598,135.00 $244,835.00
Gross Profit Ratio -0.2 -0.08 0.04 0.03
Research and Development Expenses $1.95 M $1.88 M $1.04 M $541,241.00
General & Administrative Expenses $15.02 M $9.00 M $5.61 M $2.88 M
Selling & Marketing Expenses $7.35 M $1.65 M $1.26 M $257,330.00
Selling, General & Administrative Expenses $22.37 M $10.65 M $6.86 M $3.14 M
Other Expenses $2.33 M $175,000.00 $0.00 $0.00
Operating Expenses $26.65 M $10.60 M $13.75 M $4.19 M
Cost And Expenses $50.63 M $37.58 M $30.15 M $13.70 M
Interest Income $803,606.00 $1.66 M $432,594.00 $16,803.00
Interest Expense $6.74 M $1.88 M $612,861.00 $263,957.00
Depreciation & Amortization $10.04 M $9.10 M $5.47 M $5.37 M
EBITDA -$17.00 M -$3.22 M -$3.54 M $1.43 M
EBITDA Ratio -0.85 -0.22 -0.21 0.15
Operating Income Ratio -1.53 -0.59 -0.53 -0.4
Total Other Income/Expenses Net -$3.21 M $460,020.00 -$4.53 M -$679,457.00
Income Before Tax -$33.81 M -$14.25 M -$13.58 M -$4.63 M
Income Before Tax Ratio -1.69 -0.57 -0.8 -0.47
Income Tax Expense $0.00 $0.00 $887,648.00 $263,957.00
Net Income -$33.81 M -$14.25 M -$14.47 M -$4.63 M
Net Income Ratio -1.69 -0.57 -0.85 -0.47
EPS -0.67 -0.32 -0.42 -0.0953
EPS Diluted -0.67 -0.32 -0.42 -0.0953
Weighted Average Shares Out $50.58 M $44.11 M $34.24 M $48.57 M
Weighted Average Shares Out Diluted $50.58 M $44.11 M $34.24 M $48.57 M
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