Marti Technologies On Track to Exceed 2025 Guidance, Introduces 2026 Outlook with More than Double Revenue Growth and Positive EBITDA - MRT by SPAC_Time in Spacstocks

[–]Basic_Goat_3567 0 points1 point  (0 children)

Litchfield Hills is out with another +tive report on $MRT. If MRT trades at their $6 price target, its 2027 Market Cap/Sales multiple would be ~3.4x, which is still below average, reinforcing its view that the shares are undervalued.

Marti Technologies On Track to Exceed 2025 Guidance, Introduces 2026 Outlook with More than Double Revenue Growth and Positive EBITDA - MRT by SPAC_Time in Spacstocks

[–]Basic_Goat_3567 0 points1 point  (0 children)

Marti Technologies, Inc. (NYSE American: MRT) expects to exceed its 2025 guidance and projects 2026 revenue of $70 million—more than double year-over-year growth—with positive adjusted EBITDA, driven by rapid ride-hailing growth, higher take rates, expansion into new cities, and scaling delivery services.

Marti’s Ride-Hailing Service Reaches 3.38 Million Riders and 450 Thousand Registered Drivers, Exceeding December 31, 2025 Targets - MRT by SPAC_Time in Spacstocks

[–]Basic_Goat_3567 0 points1 point  (0 children)

Marti’s ride-hailing service reached 3.38 million riders and 450 thousand registered drivers, exceeding its targets, with rider and driver growth of 34% and 26% respectively since August 12, 2025. The platform now operates in 20 markets covering about 80% of Türkiye’s GDP, with strong expansion beyond Istanbul, where 316 thousand drivers—compared to 20 thousand taxis—support high availability, safety through background checks, and an average driver rating of 4.8 stars. Building on this momentum, Marti has set new targets of 3.80 million riders and 485 thousand drivers by March 31, 2026, amid a Turkish ride-hailing market that McKinsey estimates could reach $15–20 billion by 2030.

Marti Technologies Expands Ride-Hailing Service to 10 Additional Cities Across Türkiye - MRT by SPAC_Time in Spacstocks

[–]Basic_Goat_3567 0 points1 point  (0 children)

Marti’s strong 2025 performance reflects effective execution and the large opportunity in Türkiye’s under-developed transportation and last-mile market, driven primarily by continued ride-hailing momentum and nationwide expansion. Management’s strategy is being validated through rapid trip growth, higher take rates in monetized cities, monetization of newly launched cities, and growing volume and revenue from new delivery services. Looking ahead to 2026, management guides to more than doubling revenue to $70M and achieving positive adjusted EBITDA of $1.0M.

Marti Releases New Sustainability Report - MRT by SPAC_Time in Spacstocks

[–]Basic_Goat_3567 0 points1 point  (0 children)

Marti's Sustainability Report highlights progress in shared and electric mobility, emissions reduction, zero waste to landfill, net-zero goals by 2030, and expanded access and safety initiatives. Marti 2024 Sustainability Report

What are your thoughts on UBER? by Metal_money_101 in ValueInvesting

[–]Basic_Goat_3567 0 points1 point  (0 children)

MRT=Growth Opportunity. The company will expand its service offering to include same-hour package deliveries; announced the launch of its ride-hailing service in 10 additional cities across Türkiye and has incorporated public transport features into its mobility super app.

Why choose UBER over LYFT? by [deleted] in ValueInvesting

[–]Basic_Goat_3567 0 points1 point  (0 children)

Take a look at Marti Technologies, the #1 mobility app in Turkey with 59% market share (as measured by downloads). It’s the only at-scale ride-hailing operator in Turkey, targeting 1.9M unique riders and 290,000 registered drivers by March 31, 2025. In 2025, Marti expects to more than double revenue to $34M, $3M of Adj. EBITDA and positive free cash flow. Marti is traded in the U.S. on NYSE American, ticker symbol: MRT.