arrow_back Back Filing freshness 20-F FY 2025 SEC EDGAR

download Export Data

Marti Technologies, Inc.

MRT

$1.79 ▼ -0.04 (-2.19%) at close

6 Visible periods

30 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Fair

Neutral

auto_awesome

Analytical Summary

Marti Technologies, Inc. demonstrates solid fundamentals with strength in Return on Common Equity (%). However, watch Operating Margin (%) and Profit Margin (%) which show concerning trends. Consider comparing against peers in the Industrials sector before making investment decisions.

Market Cap $139.7M

Dividend Yield —

Revenue Growth 110.3% ↗

Op. Margin -72.7% ↗

ROIC -120.4% ↗

FCF / Share $-0.20 ↗

Trailing P/E —

Price / Book —

FCF Yield —

Debt / Equity -1.28

info Valuation on last close. End-of-day price, Aug 7, 2026.

6-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$39.24M

↑ +110.3% —

Net Income Profit after all expenses

$-41.45M

↑ +43.9% —

Operating Margin Operating profit as % of sales

-72.7%

↑ +79.2% 3th

FCF / Share Free cash flow per share

$-0.20

↑ +54.6% —

Long-Term Debt Long-term obligations

$85.81M

↑ +14.9% —

trending_up

Bullish Indicators

Debt to EquityDebt to Equity is in the top quartile (lower is better)
Return on Common Equity (%)Return on Common Equity (%) is in the top quartile

warning

Bearish Risks

Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile

Health Breakdown

Profitability ↓

Returns

Financial Health ↑

Cash Quality ↑

Financial view

Statement lens

Choose the reporting cadence, isolate a period range, or search directly for a metric.

Cadence

Annual Quarterly

Range

→

📈 Is growth accelerating? 5 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗
Revenue Growth YoY (%)	110.3% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+2106%)	-6.8% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-237%)	-19.8% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-497%)	47.0% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+840%)	—	—
EPS Growth YoY (%)	57.6% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-86.6% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-109.4% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	23.8% Good Good Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	43.9% Excellent ↑ Excellent Improving Year-over-year change in net income	-118.5% Weak ↓ Weak Declining Year-over-year change in net income	-137.4% Weak Weak Year-over-year change in net income	1.6% Caution Caution Year-over-year change in net income	—	—
FCF Growth YoY (%)	54.6% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-46.6% Weak ↑ Weak Improving Year-over-year change in free cash flow	-137.2% Weak Weak Year-over-year change in free cash flow	-5.1% Weak Weak Year-over-year change in free cash flow	—	—
Revenue CAGR 3Y (%)	16.2% Excellent Excellent Compound annual revenue growth over 3 years	3.2% Caution Caution Compound annual revenue growth over 3 years	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗
Operating Margin (%) (%)	-72.7% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-706%)	-350.0% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-3017%)	-152.8% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1373%)	-59.6% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-596%)	-53.3% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-544%)	—
Effective Tax Rate (%) (%)	—	—	—	—	-6.5% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—
Profit Margin (%) (%)	-105.6% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1420%)	-395.9% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-5049%)	-168.8% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2210%)	-57.0% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-813%)	-85.1% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1164%)	—
FCF Margin (%) (%)	-38.9% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-136.2% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-74.2% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-21.9% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-23.7% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	0.37x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.34x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.44x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.38x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	0.28x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗
Return on Invested Capital (%)	-120.4% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-389.9% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-74.3% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-37.6% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	-47.0% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-95.7% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-320.5% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-76.1% Weak Weak Operating profit relative to total assets Optimal: > 10%	-36.4% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	61.8% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+312%)	120.2% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+702%)	103.4% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+589%)	-187.5% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-1350%)	-70.5% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-570%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗
Debt to Equity (x)	-1.28x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-283%)	-1.22x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-274%)	-2.00x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-385%)	3.12x Weak Weak Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+345%)	—	—
Interest Coverage (x)	-4.06x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-12.36x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-68.35x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-16.48x Weak Weak Operating income divided by interest expense Optimal: > 5x	-49.41x Weak Weak Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$78.01M	$69.53M	$45.83M	$13.18M	—	—
Debt / EBITDA (x)	-3.44x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-1.32x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-3.17x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-4.09x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗
Revenue per Share (USD)	$0.50	$0.32	$0.40	$0.57	$0.50	—
Basic EPS, GAAP (USD)	$-0.53	$-1.25	$-0.67	$-0.32	$-0.42	—
Free Cash Flow per Share (USD)	$-0.20	$-0.43	$-0.29	$-0.12	$-0.12	—
Book Value per Share (USD)	$-0.86	$-1.04	$-0.57	$0.17	$0.60	—
Tangible Book Value per Share (USD)	$-0.86	$-1.05	$-0.58	$0.17	$0.60	—
Basic Weighted Avg Shares (shares)	78.05M	58.97M	50.58M	44.11M	34.24M	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗
Working Capital (USD)	$-449.23K	$95.57K	$8.19M	$4.59M	—	—
LT Debt (USD)	$85.81M	$74.68M	$65.25M	$23.67M	—	—
Total Equity (USD)	$-67.09M	$-61.44M	$-32.70M	$7.60M	$20.52M	$2.69M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗
Sales/Revenue/Turnover (USD)	$39.24M	$18.66M	$20.03M	$24.99M	$17.00M	—
Depreciation Expense (USD)	$3.59M	$8.69M	$10.04M	$9.10M	$5.47M	—
Net Income, GAAP (USD)	$-41.45M	$-73.88M	$-33.81M	$-14.25M	$-14.47M	—
Operating Cash Flow (USD)	$-14.78M	$-25.08M	$-14.87M	$-5.47M	$-4.04M	—

⌨️ Keyboard Shortcuts

/ Search

Esc Clear

A Annual

Q Quarterly

1-7 Jump to category

R Reset

bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 6 years · 13 quarters

Marti Technologies, Inc.

Analytical Summary

6-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Statement lens

Benchmark Lens

Signals

Percentile Rankings

Compare MRT with peers