Company

Marti Technologies, Inc.

MRT

Marti Technologies, Inc. transformed its business in 2024-2025 by launching a comprehensive subscription package uniting ride-hailing, delivery, and electric vehicle rentals in Türkiye. This shift propelled revenues to $39.2 million in 2025, more than doubling year-over-year as trips surged past 50 million and consumer engagement deepened. Operational efficiencies and AI initiatives markedly improved gross margins from negative territory to above 60%. However, net losses remain substantial at over $41 million due to continued high administrative and financial expenses. Liquidity is supported by recent financing though the operating cash flow remains negative. The company faces significant external risks in a challenging geopolitical environment while seeking to scale and monetize its multi-service platform further.

https://www.valye.com/news/mrt-company-analysis-2026-04-13-marti-technologies-doubles-revenue-through-subscription-launch-while-managing--808735

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Marti Technologies, Inc. (MRT)

Marti Technologies Doubles Revenue Through Subscription Launch While Managing Persistent Losses