Marti Technologies (MRT) Announces 2024 First Half Results

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Marti Announces 2024 First Half Results

September 30, 2024 7:00 AM EDT

ISTANBUL--(BUSINESS WIRE)-- Türkiyes leading mobility super app Marti Technologies, Inc. (Marti or the Company) (NYSE American: 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 1H24. On track to achieve FY24 guidance of $16.6M revenue and $(22.5)M adjusted EBITDA Successful execution of operational efficiencies in two-wheeled electric vehicle... More