Marti Technologies, Inc.

MRT · AMEX
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$18,660$20,030$24,988$16,999
% Growth-6.8%-19.8%47%
Cost of Goods Sold$21,549$23,979$26,981$16,401
Gross Profit-$2,889-$3,950-$1,993$598
% Margin-15.5%-19.7%-8%3.5%
R&D Expenses$1,963$1,955$1,878$1,039
G&A Expenses$49,249$15,020$9,003$5,607
SG&A Expenses$58,597$22,368$10,649$6,863
Sales & Mktg Exp.$9,348$7,348$1,646$1,256
Other Operating Expenses$1,861$2,331-$778-$7,056
Operating Expenses$62,421$26,654$11,749$846
Operating Income-$65,310-$30,603-$14,881-$9,018
% Margin-350%-152.8%-59.6%-53%
Other Income/Exp. Net-$8,571-$3,211$635-$4,532
Pre-Tax Income-$73,881-$33,815-$14,246-$13,585
Tax Expense$0$0$0$888
Net Income-$73,881-$33,815-$14,246-$14,472
% Margin-395.9%-168.8%-57%-85.1%
EPS-1.25-0.67-0.32-0.42
% Growth-86.6%-109.4%23.8%
EPS Diluted-1.25-0.67-0.32-0.42
Weighted Avg Shares Out58,96650,57844,11034,243
Weighted Avg Shares Out Dil58,96650,57844,11034,243
Supplemental Information
Interest Income$1,012$804$2,567$5
Interest Expense$9,977$6,741$1,932$0
Depreciation & Amortization$8,691$10,045$9,097$5,473
EBITDA-$56,620-$16,997-$3,264-$3,544
% Margin-303.4%-84.9%-13.1%-20.9%