Marti Announces 2024 First Half Results
Marti Technologies, Inc. Class A Ordinary Shares (MRT)
Last marti technologies, inc. class a ordinary shares earnings: 11/9 05:00 pm
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Source: Business Wire
ISTANBUL--(BUSINESS WIRE)--Türkiye’s leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) today announced its financial and operational results for the first half of 2024.Financial and Operational Highlights for the First Half of 2024Capital efficient investments in ride-hailing produce performance exceeding operational targetsRevenue of $8.4M, net loss of $21.9M, and adjusted EBITDA of $(11.3)M in 1H’24. On track to achieve FY’24 guidance of $16.6M revenue and $(22.5)M adjusted EBITDASuccessful execution of operational efficiencies in two-wheeled electric vehicle rental business contributes to adjusted EBITDA neutral performance in 1H’24, representing a $4.4M increase in adjusted EBITDA over 1H’23Only company offering ride-hailing services at scale in Türkiye, and retained 59% market share in two-wheeled electric vehicle rental segment“The first half of 2024 was a period in which we significantly exceeded our ride-hailing targets, de
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MRT
Sec Filings
- 11/26/24 - Form 6-K
- 11/1/24 - Form 6-K
- 10/9/24 - Form 6-K
- MRT's page on the SEC website