Marti Technologies FY23 Revenue $20.030M Down From $24.988M YoY
$MRT
Rental/Leasing Companies
Consumer Discretionary
Marti Technologies FY23 Revenue $20.030M Down From $24.988M YoY
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Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT), Türkiye's leading mobility super app, today released its 2023 Sustainability Report. The report highlights Marti's 2023 sustainability achievements as well as the Company's future commitments and is available under the Sustainability tab on the Company's investor relations website at https://ir.marti.tech/sustainability. "We are pleased to share our 2023 Sustainability Report, reflecting our dedication to fostering a more sustainable and responsible future," said Alper Oktem, Founder and CEO of Marti. "As Türkiye's leading mobility app, we are acutely aware of the importance of sustainability and social responsibility. At Mart
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
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, 2025. The share repurchase program was originally initiated on January 10, 2024 and was previously amended to extend the term until October 9, 2024. In addition, the Board amended the ceiling price from $3.30 per share to up to $5.00 per share for the share repurchases. As of market close on October
6-K - Marti Technologies, Inc. (0001852767) (Filer)
6-K - Marti Technologies, Inc. (0001852767) (Filer)
6-K - Marti Technologies, Inc. (0001852767) (Filer)
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
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.
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