Marti Technologies Past Earnings Performance
Past criteria checks 0/6
Marti Technologies's earnings have been declining at an average annual rate of -102.2%, while the Transportation industry saw earnings growing at 11.2% annually. Revenues have been declining at an average rate of 23.4% per year.
Key information
-102.2%
Earnings growth rate
-43.5%
EPS growth rate
| Transportation Industry Growth | 15.6% |
| Revenue growth rate | -23.4% |
| Return on equity | n/a |
| Net Margin | -223.5% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Marti Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 19 | -42 | 29 | 1 |
| 31 Mar 24 | 19 | -38 | 26 | 2 |
| 31 Dec 23 | 20 | -34 | 22 | 2 |
| 30 Sep 23 | 21 | -31 | 20 | 2 |
| 30 Jun 23 | 25 | -21 | 16 | 3 |
| 31 Mar 23 | 25 | -18 | 13 | 2 |
| 31 Dec 22 | 25 | -14 | 11 | 2 |
| 31 Dec 21 | 17 | -14 | 7 | 1 |
Quality Earnings: MRT is currently unprofitable.
Growing Profit Margin: MRT is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if MRT's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare MRT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MRT is unprofitable, making it difficult to compare its past year earnings growth to the Transportation industry (-3.6%).
Return on Equity
High ROE: MRT's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.