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Upturn AI SWOT - About
Marti Technologies Inc. (MRT)
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Upturn Advisory Summary
03/26/2025: MRT (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit -11.03% | Avg. Invested days 44 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/26/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 193.39M USD | Price to earnings Ratio - | 1Y Target Price 3 |
Price to earnings Ratio - | 1Y Target Price 3 | ||
Volume (30-day avg) 54700 | Beta 0.32 | 52 Weeks Range 0.81 - 3.89 | Updated Date 03/27/2025 |
52 Weeks Range 0.81 - 3.89 | Updated Date 03/27/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.72 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -223.46% | Operating Margin (TTM) -216.66% |
Management Effectiveness
Return on Assets (TTM) -74.66% | Return on Equity (TTM) 85.43% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 177313534 | Price to Sales(TTM) 10.2 |
Enterprise Value 177313534 | Price to Sales(TTM) 10.2 | ||
Enterprise Value to Revenue 9.36 | Enterprise Value to EBITDA -7.88 | Shares Outstanding 58601800 | Shares Floating 6662436 |
Shares Outstanding 58601800 | Shares Floating 6662436 | ||
Percent Insiders 46.25 | Percent Institutions 17.8 |
Analyst Ratings
Rating 3 | Target Price 3 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Marti Technologies Inc.
Company Overview
History and Background
Marti Technologies Inc. (MRT) was founded in 2018. Initially focused on micromobility solutions in Turkey, it expanded into ride-hailing and other transportation services. MRT became publicly traded in 2023.
Core Business Areas
- Micromobility (Scooters and E-Bikes): Offers shared scooters and e-bikes for short-distance transportation within urban areas.
- Ride-Hailing: Provides ride-hailing services, connecting passengers with drivers via a mobile app. This segment focuses on expanding its user base and service coverage.
- Car Rentals: Offers car rental services through its platform.
- Subscription Services: Offers subscription services for scooters and e-bikes.
Leadership and Structure
The leadership team consists of experienced executives in technology, operations, and finance. The company has a hierarchical structure with clearly defined roles and responsibilities.
Top Products and Market Share
Key Offerings
- Shared Scooters: Electric scooters available for rent through the Marti app. Market share is variable by city and market, estimated between 10-30% in specific areas where they operate. Competitors include Lime, Bird, and local operators. Revenue varies with season and region but contributes significantly to the revenue.
- Shared E-Bikes: Electric bikes available for rent through the Marti app. Growing in popularity due to increased range and comfort compared to scooters. Similar market share situation as scooters with competition from the same players as well as companies like Lyft. Revenue is a smaller but rapidly growing share of overall revenue.
- Ride-Hailing Services: Traditional ride-hailing services. Market share smaller than scooter and e-bike but growing as it expands to new markets. Competitors: Uber, Bolt, local Taxis.
Market Dynamics
Industry Overview
The micromobility and ride-hailing industries are experiencing rapid growth driven by urbanization, increasing environmental awareness, and the desire for convenient transportation options. The industry is competitive, with multiple players vying for market share.
Positioning
Marti positions itself as a leading provider of micromobility and ride-hailing services, focusing on innovation, customer experience, and sustainability. It aims to expand its geographic footprint and service offerings to capture a larger share of the market.
Total Addressable Market (TAM)
The total addressable market for micromobility and ride-hailing is estimated to be in the billions of dollars globally. Marti is positioned to capture a growing share of this market by expanding its operations and offering competitive services. Estimates put the Ride Hailing TAM at $1 Trillion by 2030 and Micromobility at $200 Billion by 2030
Upturn SWOT Analysis
Strengths
- Established Brand Recognition
- Innovative Technology Platform
- Strong Management Team
- Growing User Base
- Early mover advantage in Turkey.
Weaknesses
- Limited Geographic Presence (Concentrated in Turkey)
- Dependence on Regulatory Approvals
- Seasonality of Demand
- High Capital Expenditure
- Negative profit margins
Opportunities
- Expansion into New Markets
- Partnerships with Local Businesses
- Development of New Products and Services
- Increasing Urbanization
- Growing Demand for Sustainable Transportation
Threats
- Intense Competition
- Changing Regulatory Landscape
- Economic Downturn
- Technological Disruptions
- Infrastructure limitations
Competitors and Market Share
Key Competitors
- UBER
- LYFT
- BLNK
Competitive Landscape
Marti faces intense competition from larger, more established players. Its advantages include its local market expertise and innovative technology platform. However, it needs to address its profitability challenges to compete effectively in the long term.
Major Acquisitions
None
- Year: 2023
- Acquisition Price (USD millions): 0
- Strategic Rationale: N/A
Growth Trajectory and Initiatives
Historical Growth: Marti has experienced rapid revenue growth in recent years, driven by the increasing popularity of micromobility and ride-hailing services.
Future Projections: Analyst estimates suggest continued revenue growth but also continued losses in the near term. The company's future growth depends on its ability to expand into new markets and achieve profitability.
Recent Initiatives: Recent initiatives include expanding its ride-hailing service, launching new e-bike models, and forming partnerships with local businesses.
Summary
Marti Technologies shows promise in the micromobility and ride-hailing markets, demonstrating strong revenue growth. However, persistent net losses and negative profit margins raise concerns about its financial sustainability. Successful expansion into new markets and achieving profitability are crucial for its long-term success. The company must also effectively manage competition and navigate regulatory challenges.
Similar Companies
- UBER
- LYFT
- BLNK
Sources and Disclaimers
Data Sources:
- Company Filings
- Analyst Reports
- Industry News
- Marti Technologies Investor Relations
Disclaimers:
This analysis is based on available information and is not financial advice. Market conditions and company performance can change rapidly.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Marti Technologies Inc.
Exchange NYSE | Headquaters - | ||
IPO Launch date 2016-09-29 | Founder, CEO & Chairman Mr. Oguz Alper Oktem | ||
Sector Technology | Industry Software - Application | Full time employees 403 | Website https://www.marti.tech |
Full time employees 403 | Website https://www.marti.tech | ||
Marti Technologies, Inc. provides tech-enabled urban transportation services to riders in Turkey. It also operates a mobility app that provides multiple transportation services, such as a ride hailing service that matches riders with car, motorcycle, and taxi drivers, as well as operates a fleet of e-mopeds, e-bikes, and e-scooters. In addition, the company offers Super subscriber package, which enables riders to purchase the Marti rides in advance by daily or weekly. The company was founded in 2018 and is headquartered in Istanbul, Turkey.
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