Saturday 17 October 2026
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MARTI TECH INC
MRT Technology Software Application
MARTI TECH INC’s revenue for fiscal 2025 (year ended December 2025) was $39.2 million, up 110.3% from fiscal 2024. In the quarter to June 2026, EPS fell 400.0%, free cash flow grew 152.2% and total debt rose 42.4%, each against the same quarter a year earlier.
1.83
0.00
0.00%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | 9.56 | 9.72 | 0.44 | 0.62 | 1.97 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | — | — | — | — | 10.20 | 10.42 | 17.73 | 3.55 | 3.89 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | — | 332 | 553 | 442 | 473 | ||||
| Revenue/emp, $m | — | — | — | — | — | 0.00 | 0.08 | 0.04 | 0.04 | 0.08 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | 17 | 25 | 20 | 19 | 39 | ||||
| Gross margin, % | — | — | — | — | — | 0.26 | (8.42) | (20.25) | (15.48) | 61.13 | |||||
| EBT | — | — | — | — | — | (14) | (14) | (34) | (74) | (41) | |||||
| EBT margin, % | — | — | — | — | — | (79.91) | (57.01) | (168.82) | (395.94) | (105.62) | |||||
| Net income | — | — | — | — | — | (14) | (14) | (34) | (74) | (41) | |||||
| Depreciation | — | — | — | — | — | 5 | 9 | 10 | 9 | 4 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | 0.63 | 0.57 | 0.40 | 0.32 | 0.50 | ||||
| Earnings | — | — | — | — | — | (0.54) | (0.32) | (0.67) | (1.25) | (0.53) | |||||
| Cash flow | — | — | — | — | — | (0.15) | (0.12) | (0.29) | (0.43) | (0.19) | |||||
| Capex | — | — | — | — | — | (0.85) | (0.18) | (0.10) | (0.02) | (0.01) | |||||
| Free cash flow | — | — | — | — | — | (1.01) | (0.31) | (0.39) | (0.44) | (0.20) | |||||
| Book value | — | — | — | — | — | 0.77 | 0.17 | (0.65) | (1.04) | (0.86) | |||||
| Shares, m | — | — | — | — | — | 27 | 44 | 51 | 59 | 78 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | 0.00 | 0.00 | 11.00 | 56.50 | 0.00 | ||||
| P/S | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| P/B | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| EV/Sales | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| EV/FCF | — | — | — | — | — | 0.00 | (34.20) | (1.73) | (2.10) | (5.31) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | (4) | (5) | (15) | (25) | (15) | ||||
| Capex | — | — | — | — | — | (23) | (8) | (5) | (1) | (1) | |||||
| Free cash flow | — | — | — | — | — | (27) | (14) | (20) | (26) | (15) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | 8 | 5 | 8 | 0 | 0 | ||||
| Total debt | — | — | — | — | — | 13 | 24 | 65 | 75 | 86 | |||||
| Net debt | — | — | — | — | — | 0 | 13 | 46 | 70 | 78 | |||||
| Shareholders’ equity | — | — | — | — | — | 21 | 8 | (33) | (61) | (67) | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | — | — | 0.00 | (35.67) | (83.40) | (243.87) | (165.19) | ||||
| ROIC | — | — | — | — | — | (27.79) | (44.77) | (145.69) | (504.84) | (163.34) | |||||
| ROE | — | — | — | — | — | 0.00 | 123.01 | 269.46 | 156.96 | 64.49 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
MARTI TECH INC vs peers in Software Application (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| DUOT Duos Technologies Group, Inc. | $181.3M | 4.4× | 294× | +29.51% (above 0%: growing) | n/m | +354.75% (above 0%: growing) | 55.80% | 0.80% | Compare |
| DMRC Digimarc Corporation | $181.2M | — (loss-making) | — (loss-making) | −7.77% (below 0%: shrinking) | n/m | +80.94% (above 0%: growing) | 58.20% | (167.35%) | Compare |
| MRT MARTI TECH INC | $157.5M | — (loss-making) | — (loss-making) | — | n/m | +152.22% (above 0%: growing) | 76.55% | (0.68%) | |
| LAIX LAIX Inc. Sponsored ADR | $154.7M | — (loss-making) | — (loss-making) | −27.11% (below 0%: shrinking) | n/m | — | 80.38% | 6.79% | Compare |
| TONX TON Strategy Company | $151.5M | — (loss-making) | — (loss-making) | +607.44% (above 0%: growing) | n/m | −646.42% (below 0%: shrinking) | 94.90% | 3.19% | Compare |
| HUCK Huckleberry.ai, Inc. | $151.0M | — (loss-making) | — (loss-making) | −3.68% (below 0%: shrinking) | n/m | −890.68% (below 0%: shrinking) | 77.13% | (3.11%) | Compare |
| TIOG Tingo Group, Inc. | $141.6M | — (loss-making) | 8.7× | +4,161.26% (above 0%: growing) | n/m | −574.92% (below 0%: shrinking) | 23.52% | 8.55% | Compare |
| EGAN eGain Corporation | $140.7M | 16.8× | 23.6× | −4.67% (below 0%: shrinking) | −95.58% (below 0%: shrinking) | +151.21% (above 0%: growing) | 71.61% | 4.87% | Compare |
| TRAK ReposiTrak Inc. | $135.1M | 17.4× | 23.4× | −3.20% (below 0%: shrinking) | +26.89% (above 0%: growing) | −17.59% (below 0%: shrinking) | 85.73% | 33.74% | Compare |
| Median of peers | $151.2M | 16.8× | 23.5× | −3.44% | — | −17.59% | 74.37% | 4.03% |
MARTI TECH INC (MRT) key facts
- Strength: MARTI TECH INC’s revenue for fiscal 2025 (year ended December 2025) was $39.2 million, up 110.3% from fiscal 2024.
- MARTI TECH INC (MRT) is a Software Application company in the Technology sector, listed on NYSE American.
- As of October 16, 2026, MRT traded at $1.83, a market capitalization of $157.5 million.
- Return on equity was 64.5% and debt-to-equity -1.27.
- Its Piotroski F-score is 4 out of 9 and its Altman Z-score is −9.21 (distress zone) for fiscal 2025.