Marti Technologies Inc ( (MRT) ) has released its Q2 earnings. Here is a breakdown of the information Marti Technologies Inc presented to its investors.
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Marti Technologies Inc., a leading mobility super app in Türkiye, offers a range of transportation services, including ride-hailing and rental e-mopeds, e-bikes, and e-scooters, powered by proprietary software systems and IoT infrastructure.
In the first half of 2025, Marti Technologies reported a 70% increase in revenue and a narrowing of net losses by 12% year-over-year, driven by the monetization of its ride-hailing service. The company expanded its ride-hailing operations to six new cities, significantly increasing its market reach and setting the stage for continued growth.
Key highlights from the earnings report include a 107% year-over-year increase in unique ride-hailing riders and a 92% increase in registered ride-hailing drivers. The company’s revenue reached $14.3 million, while the adjusted EBITDA improved by 47%. Marti’s strategic investments and operational enhancements have strengthened its market leadership in Türkiye’s mobility sector.
Looking ahead, Marti Technologies aims to achieve its full-year 2025 revenue guidance of $34 million and adjusted EBITDA of $(17) million. The company is focused on enhancing service quality and user experience, with plans to further expand its ride-hailing operations and continue leveraging synergies across its mobility platform.
Marti’s management remains optimistic about the company’s growth prospects, emphasizing the potential for significant revenue opportunities in Türkiye’s ride-hailing market. The ongoing execution of its investment plan is expected to drive further improvements in financial performance and market expansion.