Marti Technologies, Inc. (MRT)

USD 2.96

(-7.5%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020
Revenue 20.02 Million 24.98 Million 16.99 Million 9.76 Million
Cost of Revenue 24.6 Million 26.98 Million 16.4 Million 9.51 Million
Gross Profit -4.57 Million -1.99 Million 598.13 Thousand 244.83 Thousand
Operating Expenses 26.65 Million 10.59 Million 13.75 Million 4.18 Million
Selling, General and Administrative Expenses 22.36 Million 10.64 Million 6.86 Million 3.13 Million
Research and Development Expenses 1.95 Million 1.87 Million 1.03 Million 541.24 Thousand
Other Expenses 2.33 Million 175 Thousand - -
Cost and Expenses 50.63 Million 37.57 Million 30.15 Million 13.7 Million
Operating Income -30.6 Million -14.7 Million -9.01 Million -3.95 Million
Interest Expense 6.74 Million 1.88 Million 612.86 Thousand 263.95 Thousand
Income Tax Expense - - 887.64 Thousand 263.95 Thousand
Earnings before Tax -33.81 Million -14.24 Million -13.58 Million -4.63 Million
Net Income -33.81 Million -14.24 Million -14.47 Million -4.63 Million
Earnings Per Share Basic -0.67 -0.32 -0.42 -0.10
Earnings Per Share Diluted -0.67 -0.32 -0.42 -0.10
Weighted Average Shares Outstanding 50.57 Million 44.11 Million 34.24 Million 48.57 Million
Weighted Average Shares Outstanding (Diluted) 50.57 Million 44.11 Million 34.24 Million 48.57 Million
Gross Margin -0.23 -0.08 0.04 0.03
EBIT Margin -0.85 -0.22 -0.21 0.15
Profit Margin -1.69 -0.57 -0.85 -0.47
EBITDA -16.99 Million -3.21 Million -3.54 Million 1.43 Million
Earnings Before Tax Margin -1.53 -0.59 -0.53 -0.40

Income Statement Charts