MRT 20-F SEC Filing Analysis

Latest settled — T+20d ⚠ clustered

MRT ▼ -3.30% at T+20d

LONG call ✗ call lost -3.30% · α vs SPY -9.60% · entry $2.12 → $2.05

Next anchor: T+60d in 28d

Last close $1.82 (close Jun 8) · -14.15% from $2.12 entry

Entry anchored
Apr 13, 03:59 PM ET
via Databento tick

T+1d

+3.77%

call +3.77% · α +3.00%

$2.20

settled 8w ago

T+5d

+3.77%

call +3.77% · α +2.38%

$2.20

settled 7w ago

T+20d

-3.30%

call -3.30% · α -9.60%

$2.05

settled 4w ago

T+60d

—

call — · α —

—

in 28d

Price Chart

Loading chart...

Executive Summary

Marti Technologies reported a breakout 2025 with revenue up 110% YoY to $39.2M, gross profit margin flipping from -15% to 61%, and Adjusted EBITDA improving to -$12.1M, all ahead of guidance. The company is on track to achieve profitability in 2026 with $70M revenue and positive Adjusted EBITDA targets.

Actionable Insight

The company's strong financial performance and profitability trajectory suggest potential for stock price appreciation. The Marti Shareholder Loyalty Program launched in March 2026 could drive additional platform engagement and repeat usage.

Key Facts

Revenue increased 110% YoY to $39.2M in 2025
Gross profit margin improved from -15% to 61%
Adjusted EBITDA improved to -$12.1M
Company on track to achieve profitability in 2026 with $70M revenue target
Launched Marti Shareholder Loyalty Program in March 2026

Financial Impact

Revenue increased by $20.6 million, or 110.3%, from $18.7 million during the year ended December 31, 2024 to $39.2 million during the year ended December 31, 2025

revenueepsdebt

Risk Factors

The company has convertible notes totaling $85.8 million outstanding, with $81.5 million in-the-money at an exercise price of $1.65
The company has identified material weaknesses in internal control over financial reporting

Market Snapshot

Exchange

NYSE

Sector

Services-Auto Rental & Leasing (No Drivers)

Documents Analyzed

This report is based on 2 SEC documents filed with EDGAR.

Document	Accession Number
20-F Filing (Primary)	0001213900-26-042974
Document: ea028487101ex4-14.htm	0001213900-26-042974

5 reports for MRT

T+1T+5T+20T+60

33% Hit rate 1 of 3 directional calls best @ T+1▲ +3.77%Apr 13, 2026

Filters

Reports for MRT — sortable, filterable
	Type				Now
May 21, 2026 19d ago	6-K BULLISH ★ 7/10	$1.98 $1.94	▼ −2.02%	▼ −3.87%	$1.82 (−8.08%)
May 21, 2026 19d ago	6-K BULLISH ★ 7/10	$1.98 $1.94	▼ −2.02%	▼ −3.87%	$1.82 (−8.08%)
Apr 27, 2026 6w ago	6-K NEUTRAL ★ 4/10	$2.13 $2.05	▼ −3.76%	▼ −4.16%	$1.82 (−14.55%)
Apr 13, 2026 8w ago	20-F BULLISH ★ 8/10	$2.12 $2.20	▲ +3.77%	▲ +2.38%	$1.82 (−14.15%)
Apr 13, 2026 8w ago	6-K BULLISH ★ 8/10	$2.12 $2.20	▲ +3.77%	▲ +2.38%	$1.82 (−14.15%)

US Market Status

Market Closed — Opens in 6h 56m

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access