Marti Technologies (Marti Technologies) Net Margin % : -263.93% (As of Dec. 2023)

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What is Marti Technologies Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Marti Technologies's Net Income for the three months ended in Dec. 2023 was $-27.18 Mil. Marti Technologies's Revenue for the three months ended in Dec. 2023 was $10.30 Mil. Therefore, Marti Technologies's net margin for the quarter that ended in Dec. 2023 was -263.93%.

The historical rank and industry rank for Marti Technologies's Net Margin % or its related term are showing as below:

MRT' s Net Margin % Range Over the Past 10 Years
Min: -263.93 Med: -71.07 Max: -47.42
Current: -263.93

MRT's Net Margin % is ranked worse than
93.81% of 2762 companies
in the Software industry
Industry Median: 1.675 vs MRT: -263.93

Marti Technologies Net Margin % Historical Data

The historical data trend for Marti Technologies's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Marti Technologies Net Margin % Chart

Marti Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Net Margin %

-47.42

-85.13

-57.01

-168.82

Marti Technologies Quarterly Data
	Dec20	Sep21	Dec21	Sep22	Dec22	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial			-250.43	-	-14.49	-	-263.93

Competitive Comparison of Marti Technologies's Net Margin %

For the Software - Application subindustry, Marti Technologies's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Marti Technologies's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Marti Technologies's Net Margin % distribution charts can be found below:

* The bar in red indicates where Marti Technologies's Net Margin % falls into.

Marti Technologies Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Marti Technologies's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-33.815	/	20.03
	=	-168.82 %

Marti Technologies's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-27.182	/	10.299
	=	-263.93 %

Marti Technologies (AMEX:MRT) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Marti Technologies Net Margin % Related Terms

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Marti Technologies (Marti Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Marti Technologies Inc (AMEX:MRT) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2001 S Street NW, Suite 320, Washington, DC, USA, 20009

Website

https://www.marti.tech

Marti Technologies Inc is a mobility app, operating a fleet of over 48,000 e-mopeds, e-bikes, and e-scooters, serviced by proprietary software systems and IoT infrastructure.

Executives

Adam S Metz	director	110 NORTH WACKER DRIVE, CHICAGO IL 60606
Shelley Guiley	director	2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Kemal Kaya	director, officer: Chief Executive Officer	2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Michael Tanzer	officer: Chief Financial Officer	2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Daniel Freifeld	director, 10 percent owner, officer: President and CIO	2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Galata Acquisition Sponsor Llc	10 percent owner	2001 S STREET NW, SUITE 320, WASHINGTON DC 20009
Timothy Michael Shannon	director	2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009