Marti Technologies Inc. (MRT)
AMEX AMEX Primary Summary
Marti Technologies: Buy The Inflection Point
Marti Technologies (MRT) delivered a major operating inflection, turning adjusted EBITDA positive and expanding gross margin to 77%, while accelerating revenue growth. I maintain a speculative buy rating with a $3.88 price target, but highlight that convertible debt implies upside should be viewed on a fully diluted basis. Regulatory uncertainty, balance sheet risks, and potential competition threaten margins and limit de-risking despite strong operating momentum and city expansion.
Marti Technologies, Inc. (MRT) Q2 2026 Earnings Call Transcript
Marti Technologies, Inc. (MRT) Q2 2026 Earnings Call Transcript
Marti Technologies H1 Earnings Call Highlights
Marti Technologies NYSEAMERICAN: MRT reported second-quarter 2026 revenue growth of 141% year over year to nearly $20 million and reached positive adjusted EBITDA for the first time, as its ride-hailing marketplace expanded and costs rose more slowly than revenue.
Marti Technologies Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Christian Leone Luxor Capital Group LP | 355,990 | $1.15M | $640,782 | -$505,141.18 | -44.08% |
 Hui Fai Tam Caitong International Asset Management Co. Ltd. | 1 | $1.31 | $1.79 | $0.48 | 36.64% |
 Tracey A. Baker CJM Wealth Advisers, Ltd. | 35,000 | $22,750 | $64,750 | $42,000 | 184.62% |
 Christopher C. Powers Farther Finance Advisors, LLC | 1 | $2 | $1.85 | -$0.15 | -7.5% |
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Marti Technologies Inc. Profile
| Software Industry | Information Technology Sector | Oguz Alper Oktem CEO | AMEX Exchange | 573134103 CUSIP |
| TR Country | 473 Employees | - Last Dividend | - Last Split | 29 Sep 2016 IPO Date |
Overview
Marti Technologies Inc. is a prominent player in the urban transportation sector, focusing on providing innovative mobility solutions to riders in Turkey. Founded in 2018 and headquartered in Istanbul, Marti has quickly established itself as a key entity in redefining how urban dwellers commute. Their dedication to offering convenient, eco-friendly, and efficient transportation options underscores their role in the modernization of urban mobility. By integrating technology with transportation, Marti Technologies not only simplifies the daily commute for thousands but also significantly contributes to reducing urban congestion and pollution.
Products and Services
Marti Technologies Inc. offers a diverse range of urban transportation solutions, catering to the varying needs of city goers. Their products and services include:
- Mobility App: At the heart of Marti’s offerings is its comprehensive mobility app, designed to provide users with a seamless transportation experience. The app serves as a one-stop solution, enabling riders to choose from multiple transportation modes, manage payments, and plan routes efficiently.
- E-Mopeds: Marti’s fleet of electric mopeds presents a fast, convenient, and eco-friendly way of navigating through city traffic. Available via the mobility app, these e-mopeds are an ideal choice for those looking to travel longer distances swiftly without contributing to air pollution.
- E-Bikes: For health-conscious commuters and those preferring a leisurely pace, Marti offers electric bikes. These e-bikes combine the physical benefits of cycling with electric assistance, making uphill and long-distance rides less daunting and more enjoyable.
- E-Scooters: Catering to the need for short-distance travel, Marti’s electric scooters are perfect for quick hops around the city. They offer an efficient and fun way to move around, avoiding traffic jams and parking hassles, while also being kind to the environment.
