Marti Technologies (MRT) investor relations material

Market opportunity and context

• Urban mobility market in Türkiye is valued at $9–$12 billion annually, with significant untapped potential.

• Türkiye faces inadequate public transport, high car ownership costs, low metro density, and high congestion, creating demand for mobility solutions.

• Ride-hailing annual revenue potential in Türkiye is estimated at $3 billion, with Istanbul accounting for 35% of the national taxi market.

• All top 20 world economies have established local mobility super apps, highlighting the opportunity in Türkiye.

Platform performance and growth

• Most downloaded urban mobility app in Türkiye, operating in 30 cities covering ~85% of national GDP.

• Q2 2026 revenue grew 141% YoY to $20 million, gross profit margin reached 77%, and Adjusted EBITDA turned positive at $2.9 million.

• Unique ride-hailing riders reached 4.9 million and registered drivers 584,000 as of September 2026.

• Multi-service strategy drives higher adoption, with 8.3 million unique platform consumers and strong cross-service usage.

• Multi-service consumers and drivers complete significantly more trips and generate higher revenue than single-service users.

Strategic initiatives and future plans

• Expanding delivery services, financial services, and planning international growth, including parcel, restaurant, and grocery deliveries.

• Building Türkiye's autonomous vehicle alliance, leveraging partnerships with AV technology providers and manufacturers.

• Deploying AI across operations for dynamic pricing, improved matching, customer service, onboarding, and marketing efficiency.

• Growth drivers include increasing trip volumes, launching new cities, loyalty programs, and aligning take rates with global benchmarks.