IPO Year: 2021
Exchange: AMEX
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
Marti sets revised September 30, 2024 targets for over 1,350,000 riders and over 215,000 registered drivers Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT), Türkiye's leading mobility super app, announced today that as of August 31, 2024, Marti's ride-hailing service has reached over 1,300,000 riders and over 205,000 registered drivers, exceeding the September 30, 2024 targets of over 1,300,000 riders and 190,000 registered drivers. Marti's number of ride-hailing riders grew 18% from June 30, 2024 to August 31, 2024. The number of registered drivers grew 21% during the same time period. The fast growth in both the rider and driver sides of Marti's ride-hailing marketplace
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
Türkiye's leading mobility super app, Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT), announced that Türkiye's Department of Revenue Management within the Ministry of Treasury and Finance ("MTF") has issued a ruling that enables the Company's ride-hailing drivers to pay income taxes on the ride-hailing revenue that they earn on its app. The ruling, which requires that ride-hailing drivers set up corporate entities in compliance with Türkiye's tax code in order to pay taxes on their income, is a positive step towards clarifying the legality of ride-hailing driver income. Founder and CEO of Marti, Oguz Alper Oktem, said, "We launched our ride-hailing business twenty two mo
Marti sets September 30, 2024 targets for over 1,300,000 riders and over 190,000 registered drivers Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT), Türkiye's leading mobility super app and only multi-modal urban mobility provider, announced today that as of June 30, 2024, Marti's ride-hailing service has reached over 1,100,000 riders and over 170,000 registered drivers, exceeding the June 30, 2024 targets of over 1,000,000 riders and 165,000 registered drivers. Marti's number of ride-hailing riders grew 121% from December 31, 2023 to June 30, 2024. The number of registered drivers grew 60% during the same time period. The fast growth in both the rider and driver sides of
Pershing Square Establishes Independent Board of Directors Pershing Square Capital Management, L.P. ("PSCM") today announced the primary sale of a 10% common equity interest in Pershing Square Holdco, L.P. ("Pershing Square") – a newly formed limited partnership that owns 100% of PSCM – for a purchase price of $1.05 billion to a consortium of strategic investors including Arch Capital Group Ltd. (NASDAQ:ACGL), BTG Pactual (BPAC11), Consulta Limited, ICONIQ Investment Management, Menora Mivtachim Holdings, an international group of family offices, and other investors. "We are delighted to invite a group of world-class, long-term partners as investors in our business, which has been entir
Marti sets revised June 30, 2024 targets for over 1,000,000 riders and over 165,000 registered drivers Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT), Türkiye's leading mobility super app and only multi-modal urban mobility provider, announced today that as of May 20, 2024, Marti's ride-hailing service has reached over 925,000 riders and over 155,000 registered drivers. These figures have already exceeded the June 30, 2024 targets of 900,000 riders and 155,000 registered drivers and have been achieved a month and a half earlier than planned. Marti's number of ride-hailing riders grew 86% from December 31, 2023 to May 20, 2024. The number of registered drivers grew 46% du
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
Türkiye's leading mobility super app Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT) today announced an amendment to its share repurchase program. On April 24, 2024, the Company's Board of Directors (the "Board") authorized a 3 month extension to its original 6 month share repurchase program under which the Company may repurchase up to $2.5 million of its outstanding Class A ordinary shares, which was originally initiated on January 10, 2024. In addition, the Board set a ceiling price of $3.30 per share for the share repurchases, giving the Company the ability to perform share repurchases up to a maximum share price of $3.30. As of market close on April 24, 2024, the Compan
Marti increases June 30, 2024 unique rider target from 850,000 to 900,000, and maintains 155,000 registered driver target Türkiye's leading mobility super app Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT) has hit over 788,000 unique riders and over 145,000 registered drivers in its ride-hailing business as of April 23, 2024. These figures include the unique riders and registered drivers from the Company's car hailing and motorcycle hailing services, which it launched in October 2022, as well as those from its taxi-hailing service launched more recently in February 2024. Marti's number of ride-hailing riders grew 58% from December 31, 2023 to April 23, 2024. The number o
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
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424B3 - Marti Technologies, Inc. (0001852767) (Filer)
EFFECT - Marti Technologies, Inc. (0001852767) (Filer)
6-K - Marti Technologies, Inc. (0001852767) (Filer)
POS AM - Marti Technologies, Inc. (0001852767) (Filer)
6-K - Marti Technologies, Inc. (0001852767) (Filer)
6-K - Marti Technologies, Inc. (0001852767) (Filer)
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
Gainers Momentus (NASDAQ:MNTS) shares increased by 8.8% to $0.94 during Thursday's after-market session. The market value of their outstanding shares is at $12.5 million. Nauticus Robotics (NASDAQ:KITT) shares rose 3.86% to $0.14. The market value of their outstanding shares is at $8.8 million. Multi Ways Holdings (AMEX:MWG) shares rose 3.68% to $0.38. The market value of their outstanding shares is at $11.7 million. Li-Cycle Holdings (NYSE:LICY) stock increased by 3.07% to $0.55. The company's market cap stands at $98.4 million. flyExclusive (AMEX:FLYX) shares rose 3.05% to $5.4. The market value of their outstanding shares is at $420.2 million. Nuburu (AMEX:BURU) stock moved upwards
"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 completing multi-year operational improvement and shareholder value creation projects that we believe will benefit the Company," said Oguz Alper Oktem, Marti's CEO.
Gainers Flux Power Holdings (NASDAQ:FLUX) stock rose 9.3% to $3.74 during Friday's after-market session. The company's market cap stands at $61.8 million. The company's, Q3 earnings came out yesterday. JanOne (NASDAQ:JAN) stock moved upwards by 8.93% to $4.39. The market value of their outstanding shares is at $39.4 million. Marti Techs (AMEX:MRT) shares increased by 4.87% to $1.72. The market value of their outstanding shares is at $98.6 million. VCI Global (NASDAQ:VCIG) shares moved upwards by 4.85% to $1.08. The company's market cap stands at $52.1 million. Microvast Holdings (NASDAQ:MVST) shares rose 3.94% to $0.44. The market value of their outstanding shares is at $139.7 million.
Türkiye's leading mobility super app Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT) today announced an amendment to its share repurchase program.On April 24, 2024, the Company's Board of Directors (the "Board") authorized a 3 month extension to its original 6 month share repurchase program under which the Company may repurchase up to $2.5 million of its outstanding Class A ordinary shares, which was originally initiated on January 10, 2024. In addition, the Board set a ceiling price of $3.30 per share for the share repurchases, giving the Company the ability to perform share repurchases up to a maximum share price of $3.30. As of market close on April 24, 2024, the Company's
Marti increases June 30, 2024 unique rider target from 850,000 to 900,000, and maintains 155,000 registered driver target
Gainers Complete Solaria (NASDAQ:CSLR) stock increased by 80.0% to $0.81 during Friday's after-market session. The market value of their outstanding shares is at $39.7 million. WANG & LEE Group (NASDAQ:WLGS) shares increased by 8.33% to $0.65. The market value of their outstanding shares is at $9.8 million. Simpple (NASDAQ:SPPL) stock moved upwards by 7.57% to $0.68. The market value of their outstanding shares is at $11.0 million. American Rebel Holdings (NASDAQ:AREB) shares moved upwards by 6.27% to $0.32. The market value of their outstanding shares is at $1.8 million. Ideanomics (NASDAQ:IDEX) stock moved upwards by 6.25% to $0.88. The company's market cap stands at $10.4 million. E
Shares of Super Micro Computer, Inc. (NASDAQ:SMCI) fell sharply during Friday's session. The company announced its third-quarter earnings date and did not provide preliminary estimates as it did with the second quarter. Super Micro Computer shares dipped 13.2% to $806.00 on Friday. Here are some other stocks moving in today’s mid-day session. Gainers Next.e.GO N.V. (NASDAQ:EGOX) shares jumped 129% to $0.0817. Redwoods Acquisition Corp. (NASDAQ:RWOD) shares rose 62.5% to $12.03 after falling around 3% on Thursday. Zhongchao Inc. (NASDAQ:ZCMD) gained 50% to $2.16 after gaining over 7% on Thursday. Ault Alliance, Inc. (NYSE:AULT) surged 46% to $0.3544 after the company
Gainers Complete Solaria (NASDAQ:CSLR) shares increased by 40.7% to $0.37 during Friday's regular session. The market value of their outstanding shares is at $18.3 million. Surf Air Mobility (NYSE:SRFM) stock moved upwards by 23.51% to $0.61. The market value of their outstanding shares is at $49.3 million. Ault Alliance (AMEX:AULT) shares moved upwards by 23.5% to $0.3. The market value of their outstanding shares is at $8.9 million. Marti Techs (AMEX:MRT) shares increased by 18.43% to $1.84. The market value of their outstanding shares is at $105.2 million. ESGL Holdings (NASDAQ:ESGL) stock rose 13.74% to $0.58. The company's market cap stands at $13.3 million. Swvl Hldgs (NASDAQ:SWV