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Marti Technologies (Marti Technologies) Operating Margin % : -224.72% (As of Dec. 2023)


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What is Marti Technologies Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Marti Technologies's Operating Income for the three months ended in Dec. 2023 was $-23.14 Mil. Marti Technologies's Revenue for the three months ended in Dec. 2023 was $10.30 Mil. Therefore, Marti Technologies's Operating Margin % for the quarter that ended in Dec. 2023 was -224.72%.

The historical rank and industry rank for Marti Technologies's Operating Margin % or its related term are showing as below:

MRT' s Operating Margin % Range Over the Past 10 Years
Min: -224.72   Med: -55.95   Max: -40.36
Current: -224.72


MRT's Operating Margin % is ranked worse than
93.87% of 2759 companies
in the Software industry
Industry Median: 3.28 vs MRT: -224.72

Marti Technologies's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Marti Technologies's Operating Income for the three months ended in Dec. 2023 was $-23.14 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-23.14 Mil.


Marti Technologies Operating Margin % Historical Data

The historical data trend for Marti Technologies's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Marti Technologies Operating Margin % Chart

Marti Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Operating Margin %
-40.36 -53.05 -58.85 -147.39

Marti Technologies Quarterly Data
Dec20 Sep21 Dec21 Sep22 Dec22 Sep23 Dec23
Operating Margin % Get a 7-Day Free Trial -116.95 - -3.89 - -224.72

Competitive Comparison of Marti Technologies's Operating Margin %

For the Software - Application subindustry, Marti Technologies's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Marti Technologies's Operating Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Marti Technologies's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Marti Technologies's Operating Margin % falls into.



Marti Technologies Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Marti Technologies's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-29.522 / 20.03
=-147.39 %

Marti Technologies's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-23.144 / 10.299
=-224.72 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Marti Technologies  (AMEX:MRT) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Marti Technologies Operating Margin % Related Terms

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Marti Technologies (Marti Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2001 S Street NW, Suite 320, Washington, DC, USA, 20009
Marti Technologies Inc is a mobility app, operating a fleet of over 48,000 e-mopeds, e-bikes, and e-scooters, serviced by proprietary software systems and IoT infrastructure.
Executives
Adam S Metz director 110 NORTH WACKER DRIVE, CHICAGO IL 60606
Shelley Guiley director 2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Kemal Kaya director, officer: Chief Executive Officer 2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Michael Tanzer officer: Chief Financial Officer 2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Daniel Freifeld director, 10 percent owner, officer: President and CIO 2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Galata Acquisition Sponsor Llc 10 percent owner 2001 S STREET NW, SUITE 320, WASHINGTON DC 20009
Timothy Michael Shannon director 2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009

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