Marti Technologies Inc (AMEX:MRT)

Half Year 2025 Marti Technologies Inc Earnings Call Transcript

Sep 22, 2025 / 12:30 PM GMT

Release Date Price: $2.37 (+1.28%)

Transcript

Key Points

Positve

Marti Technologies Inc (MRT) has successfully transitioned its business model to focus on ride-hailing, resulting in strong momentum and exceeding operational targets.
The company has implemented efficiency initiatives in its two-wheeled electric vehicle service, reducing operating losses and capital requirements.
Marti Technologies Inc (MRT) is on track to nearly double its revenue from $18.7 million in 2024 to $34 million in 2025.
The company is the number one urban mobility app on both iOS and Android app stores in Turkey, with a strong market presence.
Marti Technologies Inc (MRT) has expanded its operations to 10 cities, covering half of Turkey's population and nearly two-thirds of its GDP.

Negative

The company faces challenges in monetizing services in newly expanded cities, as it prioritizes growth over immediate profitability.
General and administrative expenses increased by 35% due to higher share-based compensation expenses.
Marti Technologies Inc (MRT) operates in a market with lower average fares in new cities, which may impact profitability.
The company is still in the early stages of investment in new cities, which may not yield immediate returns.
Marti Technologies Inc (MRT) faces potential regulatory challenges in introducing new transportation services in Turkey.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

MRT.A - Marti Technologies Inc
Half Year 2025 Marti Technologies Inc Earnings Call
Sep 22, 2025 / 12:30PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Hello everyone, and thank you for joining us for Marty Technologies first half 2025 conference call. Before we begin, I'd like to mention that today's earnings release and slide presentation are available on Marty's investor relations website at ir.marty.tech, where you will also find links to our SEC filings along with other other information about Marty.

Joining me on today's call are Oz Alper Octam, Marty's founder and CEO, and John Tuck Durgan, Marty's co-founder, President, and COO. Before we begin, I'd like to remind everyone that statements made on this call as well as in today's earnings release. Our and accompanying slide presentation contained forward-looking statements regarding our financial outlook,

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.