Marti Technologies (MRT) Investor presentation summary

Market opportunity and context

• Türkiye's urban mobility market is valued at $9–$12 billion annually, with significant untapped potential and limited competition from local super apps.

• High car ownership costs, low metro density, and traffic congestion drive demand for alternative mobility solutions.

• Ride-hailing annual revenue potential in Türkiye is estimated at $4 billion, with Istanbul accounting for 35% of the national taxi market.

• Market expansion is expected to follow global trends, as seen in New York, where ride-hailing increased daily trips by 63%.

• Türkiye lacks a dominant local mobility super app, unlike other top 20 world economies.

Business performance and growth

• Leading urban mobility app in Türkiye, operating in 20 major cities covering ~80% of national GDP.

• Achieved 3.4 million unique ride-hailing riders and 450,000 registered drivers by end of 2025, outperforming targets.

• Monetization of ride-hailing began in October 2024, with dynamic pricing introduced in January 2025.

• Revenue is projected to nearly double from $34 million in 2025 to $70 million in 2026.

• Adjusted EBITDA is expected to turn positive in 2026, reaching $1 million.

Strategic initiatives and expansion

• Leveraging a large rider and driver network to launch package delivery services, starting October 2025.

• Plans to expand into restaurant and grocery deliveries, as well as financial services like wallets and peer-to-peer transfers.

• International expansion targeted through organic growth and M&A.

• Growth drivers include expanding to new cities, increasing take rates, and launching new subscription packages.

• Dynamic pricing and loyalty programs aim to optimize revenue and user satisfaction.