MRT · Marti Technologies, Inc.
Substantial doubt about the company's ability to continue as a going concern.
“As a result, there is substantial doubt that the Company can sustain operations for a period of at least one year from the issuance date of these condensed financial statements.”View the 10-Q filed May 17, 2023
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| — | $39.24M | $18.66M | $20.03M | $24.99M | $17M | |
| — | -$8.61M | -$3.68M | -$5.91M | -$799.54K | -$262.9K | |
| — | $15.25M | $21.55M | $24.08M | $27.09M | $16.96M | |
| — | $23.99M | -$2.89M | -$4.06M | -$2.1M | $43.88K | |
| — | 61.13% | -15.48% | -20.25% | -8.42% | 0.26% | |
| — | $3.01M | $1.96M | $1.95M | $1.88M | $1.04M | |
| — | $12.95M | $9.35M | $7.35M | $1.65M | $1.26M | |
| — | $28.05M | $49.25M | $15.13M | $9.04M | $6.05M | |
| — | $294.78K | $298.5K | $98.2K | $78.62K | $22.18K | |
| — | $3.59M | $8.69M | $10.04M | $9.1M | $5.47M | |
| — | $59.27M | $82.11M | $48.52M | $39.66M | — | |
| — | $67.77M | $83.97M | $50.63M | $39.87M | $26.05M | |
| — | -$28.53M | -$65.31M | -$30.6M | -$14.88M | -$9.05M | |
| — | -72.71% | -350.01% | -152.79% | -59.55% | -53.25% | |
| — | -$24.94M | -$56.62M | -$20.56M | -$5.78M | -$3.58M | |
| — | $1.35M | $1.41M | $3.56M | $2.57M | $180.27K | |
| $3.68M | — | — | — | $2.11M | $4787 | |
| — | -$41.45M | -$73.88M | -$33.81M | -$14.25M | -$13.58M | |
| — | — | — | — | — | $887.65K | |
| — | -$41.45M | -$73.88M | -$33.81M | -$14.25M | -$14.47M | |
| — | -105.62% | -395.94% | -168.82% | -57.01% | -85.14% | |
| — | -$41.45M | -$73.88M | -$33.81M | -$14.58M | -$21.94M | |
| USD/shares | — | -$0.53 | -$1.25 | -$0.67 | -$0.32 | -$0.42 |
| USD/shares | — | -$0.53 | -$1.25 | -$0.67 | -$0.32 | -$0.42 |
| shares | — | 78.05M | 58.97M | 50.58M | 44.11M | 34.24M |
| shares | — | 78.05M | 58.97M | 50.58M | 44.11M | 34.24M |
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 88 similar-size Software - Application companies (of 213 listed).
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Sales Refunds | -$18,671 | -$104,378 | -$32,746 | -$69,409 | -$104,868 |
| Sales Discount | -$3,814,745 | -$1,019,892 | -$944,008 | -$1,877,088 | -$998,024 |
| Two-wheeled Electric Vehicle Rentals | — | — | $20,029,552 | $24,988,171 | $16,999,437 |