Marti sets new targets for March 31, 2026 of 3.80 million riders and 485 thousand registered drivers Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT), Türkiye's leading mobility super app, announced today that as of December 31, 2025, Marti's ride-hailing service has reached 3.38 million riders and 450 thousand registered drivers, exceeding the December 31, 2025 targets of 3.30 million riders and 450 thousand registered drivers. Marti's number of ride-hailing riders grew 34% from August 12, 2025 to December 31, 2025. The number of registered drivers grew 26% during the same time period. The fast growth in both the rider and driver sides of Marti's ride-hailing marketplace

Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT), Türkiye's leading mobility super app, today announced that it expects to exceed guidance for 2025. In addition, the Company has initiated strong guidance for 2026. For 2026, Marti expects $70 million of revenue, representing over 2x year-over-year revenue growth, and to achieve positive adjusted EBITDA. The anticipated revenue growth and positive adjusted EBITDA are expected to be driven by several key factors, including the: 1) continued rapid growth in the number of ride-hailing trips, 2) increasing take rates in monetized cities, 3) introduction of monetization in new cities first launched in 2025, and 4) growing volume

Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT), Türkiye's leading mobility super app, today released its 2024 Sustainability Report. The report highlights Marti's 2024 sustainability achievements and future commitments and is available under the Sustainability tab on the Company's investor relations website at ir.marti.tech/sustainability. "Our 2024 Sustainability Report reflects our continued commitment to building a smarter, cleaner, and safer mobility ecosystem for Türkiye," said Alper Oktem, Founder and CEO of Marti. "In 2024, we made significant progress in scaling multimodal shared and electric transportation, expanding access to urban mobility, and enhancing both rid

Further Augments Türkiye's Leading Mobility Super App, Facilitating Journeys Across Türkiye's Largest Cities for More Than 7 Million Riders Marti Technologies, Inc. ("Marti" or "the Company") (NYSE:MRT), Türkiye's leading mobility super app, today announced the inclusion of public transportation integrations within its mobility super app and as part of its mobility-as-a-service strategy. Users are now able to plan trips and receive real-time updates with integrated schedules and route data from all major urban transport modes, including metros, trams, funicular and cable lines, buses, minibuses, metrobuses, and ferries, as part of a comprehensive transportation solution that also includes

Expansion Extends Marti's Footprint to 20 Markets, Serving Approximately 80% of Türkiye's GDP Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT), Türkiye's leading mobility super app, today announced the launch of its ride-hailing service in 10 additional cities across Türkiye, marking the Company's broadest single wave of expansion to date. With this rollout, Marti's ride-hailing operations now span 20 markets across Türkiye. This latest phase builds on the Company's successful summer expansion into six major metropolitan areas: Bursa, Konya, Adana, Kocaeli, Mersin and Kayseri. Demand in those cities has exceeded expectations, prompting Marti to accelerate its further expan

Leverages Company's Network of 382,000 Registered Drivers and Existing Customer Base of 6.4 Million to Offer Speedy Package Delivery; Represents $400 Million Annual Revenue Opportunity Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT), Türkiye's leading mobility super app, announced today the expansion of its service offering to include same-hour package deliveries. Building on its position as Türkiye's leading ride-hailing provider, Marti's new package delivery services will leverage the Company's existing network of 382 thousand registered motorcycle and car drivers and more than 6.4 million unique users of its super app to offer efficient and affordable package delivery se

Türkiye's leading mobility super app Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT) today announced an amendment to extend its share repurchase program. The Company's Board of Directors (the "Board") authorized a six month extension to its share repurchase program under which the Company may repurchase up to $2.5 million of its outstanding Class A ordinary shares until April 9, 2026. The share repurchase program was originally initiated on January 10, 2024 and was previously amended to extend the term until October 9, 2025. In addition, the Board maintained the ceiling price of up to $6.00 per share for the share repurchases. As of market close on October 1, 2025, the Comp

Marti Technologies, Inc. ("Marti" or the "Company") (NYSE: MRT), Türkiye's leading mobility super app, today announced its inclusion in the S&P Global Broad Market Index ("S&P Global BMI"), effective as of Monday, September 22, 2025. "Joining the S&P Global BMI marks an important milestone for Marti as we continue to build strong momentum in our ride-hailing business, expand our footprint and accelerate monetization," said Oguz Alper Oktem, Founder and Chief Executive Officer of Marti. "This inclusion will expand our visibility among index-tracking and new investors as we continue to scale our ride-hailing operations to capture Türkiye's long-term mobility market opportunity." The S&P G

70% Revenue Increase and Narrowing Losses Marti Continues Monetization of Ride-Hailing Business, Increases Service Availability Across Türkiye, and Invests for Rapid Growth Türkiye's leading mobility super app Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT) today announced its financial and operational results for the six-month period ended June 30, 2025. Financial and Operational Highlights for the First Half of 2025 Ride-Hailing Growth Surpasses Targets: Rapid growth of ride-hailing service, with 2.28M unique ride-hailing riders (up 107% YoY) and 327 thousand registered ride-hailing drivers (an increase of 92% YoY) as of period-end, exceeding operational targets th

Marti Technologies, Inc. ("Marti") (NYSE:MRT), Türkiye's leading mobility super app, will announce its financial and operational results for the six-month period ended June 30, 2025 ("2025 First Half Results") before the U.S. markets open on Monday, September 22, 2025. Conference Call and Webcast Details Marti's management will host an analyst and investor conference call and live webcast to discuss its 2025 First Half Results at 3:30 p.m. Istanbul / 1:30 p.m. London / 8:30 a.m. New York time on Monday, September 22, 2025. Live webcast can be accessed via: https://event.choruscall.com/mediaframe/webcast.html?webcastid=Jl55ehEG Participant Dial-In: 877-485-3103 / +1 201-689-8890

The Benchmark Company initiated coverage of Marti Technologies with a rating of Buy and set a new price target of $5.00

Roth Capital initiated coverage of Marti Technologies with a rating of Buy and set a new price target of $5.75

Cantor Fitzgerald downgraded Marti Technologies from Overweight to Neutral and set a new price target of $3.00

BRANFORD, Conn., Sept. 04, 2025 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) (the "Company"), a real estate lender specializing in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property, today announced that it has named Jeffery C. Walraven Executive Vice President and Chief Financial Officer, effective as of September 1, 2025. Mr. Walraven has served as the Company's Interim Chief Financial Officer since December 2024. In conjunction with this appointment, Mr. Walraven has resigned from the Company's Board of Directors on which he has served since August 2024. "We are pleased to have completed our search for a

Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT), Türkiye's leading mobility super app, announced today the appointment of Cankut Durgun, the Company's Co-founder and President, to the additional role of Chief Operating Officer, effective as of June 12, 2025. In this expanded role, Mr. Durgun will continue to lead Marti's strategic initiatives as President, while also assuming responsibility for overseeing the Company's day-to-day operations. His operational focus will include driving execution across Marti's high-growth ride-hailing operations and its established two-wheeled electric vehicle operations. "I'm excited to further contribute to Marti's operational excellence

Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT), Türkiye's leading mobility super app, today announced that it has appointed Cenk Özeker as its Chief Financial Officer ("CFO"), effective May 14, 2025. Cenk Özeker replaces the Company's former Interim CFO, Deniz Terlemez. Mr. Özeker has more than 25 years of senior finance and operational leadership experience, having served in senior finance leadership positions and managing director roles across Europe and Türkiye for companies of various sizes. He joins Marti from Newport Shipping UK, where he served as Managing Director from 2021 to 2024. In this role, he managed a global team of approximately 200 employees. Prior to Newp

Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT), Türkiye's leading mobility super app, today announced that it has appointed Deniz Terlemez as its new Interim Chief Financial Officer ("CFO"), effective November 1, 2024. Deniz Terlemez succeeds Oguz Erkan, the Company's former CFO. Mr. Terlemez served as the Company's Finance Director before his appointment as Interim CFO. "We would like to thank Oguz Erkan for his integral contributions to the Company at a critical juncture. Oguz was instrumental in setting up the ride-hailing monetization capabilities of our organization. We are currently building on these strong foundations as we scale the monetization of our ride-hailing

BRANFORD, Conn., Aug. 26, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (the "Company" or "Sachem Capital"), announced today that its Board of Directors (the "Board") has appointed Jeffery C. Walraven to the Board, effective August 21, 2024. Mr. Walraven will also stand for election at the Company's 2024 Annual Meeting of Shareholders. "We are pleased to welcome Jeffery Walraven to our Board," said John L. Villano, CEO and Chairman of the Board of Sachem Capital. "Jeff's deep experience in the real estate industry, especially in public company leadership, accounting and capital markets, will be invaluable to Sachem Capital as we grow our business and pursue value creation for our sharehol

Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT), Türkiye's leading mobility super app, today announced that it has appointed Oguz Erkan as its new Chief Financial Officer ("CFO"), effective May 17, 2024. Oguz Erkan replaces the Company's former CFO, Cem Yasar Ozey. "We welcome Oguz Erkan as Marti's new CFO. Oguz is an experienced finance executive, having led the finance departments of the Turkish subsidiaries of US publicly listed companies. He brings his knowledge of managing the finances of companies at scale, at a period when Marti is focused on scaling its business by introducing new services and growing its existing services. Oguz has a track record of dedication to c

70% Revenue Increase and Narrowing Losses Marti Continues Monetization of Ride-Hailing Business, Increases Service Availability Across Türkiye, and Invests for Rapid Growth Türkiye's leading mobility super app Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT) today announced its financial and operational results for the six-month period ended June 30, 2025. Financial and Operational Highlights for the First Half of 2025 Ride-Hailing Growth Surpasses Targets: Rapid growth of ride-hailing service, with 2.28M unique ride-hailing riders (up 107% YoY) and 327 thousand registered ride-hailing drivers (an increase of 92% YoY) as of period-end, exceeding operational targets th

Marti Technologies, Inc. ("Marti") (NYSE:MRT), Türkiye's leading mobility super app, will announce its financial and operational results for the six-month period ended June 30, 2025 ("2025 First Half Results") before the U.S. markets open on Monday, September 22, 2025. Conference Call and Webcast Details Marti's management will host an analyst and investor conference call and live webcast to discuss its 2025 First Half Results at 3:30 p.m. Istanbul / 1:30 p.m. London / 8:30 a.m. New York time on Monday, September 22, 2025. Live webcast can be accessed via: https://event.choruscall.com/mediaframe/webcast.html?webcastid=Jl55ehEG Participant Dial-In: 877-485-3103 / +1 201-689-8890

Türkiye's leading mobility super app Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT) today announced its financial and operational results for the full year ended December 31, 2024. Financial and Operational Highlights for the Full Year 2024 Strong Momentum in Ride-Hailing: Rapid growth of ride-hailing service, with 1.66M unique ride-hailing riders and 262 thousand registered drivers at year-end, exceeding operational targets throughout the year Financial Outperformance Driven by Monetization of Ride-Hailing: Revenue of $18.7M, a net loss of $73.9M, and Adjusted EBITDA of $(19.3)M, surpassing 2024 guidance of $16.6M in revenue and $(22.5)M in Adjusted EBITDA, as a result

Marti Technologies, Inc. ("Marti") (NYSE:MRT), Türkiye's leading mobility super app, will announce its full year 2024 financial and operational results before the U.S. markets open on Tuesday, April 29, 2025. Conference Call and Webcast Details Marti's management will host an analyst and investor conference call and live webcast to discuss its financial results at 3:30 p.m. Istanbul / 1:30 p.m. London / 8:30 a.m. New York time on Tuesday, April 29, 2025. Live webcast can be accessed via: https://event.choruscall.com/mediaframe/webcast.html?webcastid=KyUxGfY3 Participant Dial-In: 877-485-3103 / +1 201-689-8890 A replay will be available on the Marti Investor Relations website https://i

Türkiye's leading mobility super app Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT) today announced its financial and operational results for the first half of 2024. Financial and Operational Highlights for the First Half of 2024 Capital efficient investments in ride-hailing produce performance exceeding operational targets Revenue 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 EBITDA Successful 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

Marti Technologies, Inc. ("Marti") (NYSE:MRT), Türkiye's leading mobility super app, will announce its 2024 first half financial and operational results before the U.S. markets open on Monday, September 30, 2024. Conference Call and Webcast Details Marti's management will host an analyst and investor conference call and live webcast to discuss its financial and operational results at 3:30 p.m. Istanbul / 1:30 p.m. London / 8:30 a.m. New York time on Monday, September 30, 2024. Live webcast can be accessed via: https://event.choruscall.com/mediaframe/webcast.html?webcastid=ccnVKwav Participant Dial-In: 877-485-3103 / +1 201-689-8890 A replay will be available on the Marti Investor Rela

Türkiye's leading mobility super app Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT) today announced its financial and operational results for the full year ended December 31, 2023. Financial and Operational Highlights for Full Year 2023 Capital efficient investments in ride-hailing produce performance exceeding operational targets Focus on operational efficiencies in two-wheeled electric vehicle rental business contribute to performing in line with FY'23 revenue and adjusted EBITDA forecasts Revenue of $20.0M, net loss of $33.8M, and adjusted EBITDA of $(17.7)M in FY'23, relative to forecasts of $20.1M revenue and $(17.8)M adjusted EBITDA Only company offering

Marti Technologies, Inc. ("Marti") (NYSE:MRT), Türkiye's leading mobility super app, will announce its full year 2023 financial and operational results before the U.S. markets open on Tuesday, April 16, 2024. Conference Call and Webcast Details Marti's management will host an analyst and investor conference call and live webcast to discuss its financial results at 3:30 p.m. Istanbul / 1:30 p.m. London / 8:30 a.m. New York time on Tuesday, April 16, 2024. Live webcast can be accessed via: https://event.choruscall.com/mediaframe/webcast.html?webcastid=qlMJcjkO Participant Dial-In: 877-485-3103 / +1 201-689-8890 A replay will be available on the Marti Investor Relations website https

Marti expects to use AI-powered optimization technology to drive enhancements across two-wheeled electric vehicle and ride-hailing operations Türkiye's leading mobility super app Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT), and Zoba Inc. ("Zoba"), the world's leader in fleet optimization solutions for two-wheeled electric vehicle operations, today announced that Marti has acquired all of the intellectual property and software assets of Zoba. Founded by Harvard and MIT graduates, Zoba's AI-powered SaaS platform and dynamic fleet optimization algorithms are expected to enable two-wheeled electric vehicle operators to generate more revenue and reduce their field operatio

Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT), Türkiye's leading mobility super app, will announce 2023 First Half financial and operational results before the U.S. markets open on Friday, October 13, 2023. Conference Call and Webcast Details Marti's management will host an analyst and investor conference call and live webcast to discuss its financial results at 15.30 İstanbul / 14.00 London / 8.30 a.m. New York time on Friday, October 13, 2023. Live webcast can be accessed via https://event.choruscall.com/mediaframe/webcast.html?webcastid=yNxYpUSi&overrideActivation=1ehqxYE34470A Participant Dial-In: 877-485-3103 / +1 201-689-8890 A replay will be available on