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Marti Technologies, Inc.: 20-F filed 2024-04-16

What Marti Technologies, Inc. reported in its annual report (foreign private issuer) filed 2024-04-16 (fiscal FY 2023): 50 published measures, 126 facts as tagged in accession 0001213900-24-033158.

This filing

Form
20-F (annual report (foreign private issuer))
Filed
2024-04-16
Fiscal period
fiscal FY 2023
Accession
0001213900-24-033158 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Marti Technologies, Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2023-12-3140,211,169USD
At 2022-12-3140,878,379USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2023-12-3172,908,827USD
At 2022-12-3133,278,711USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2023-12-31-32,697,658USD
At 2022-12-317,599,668USD
At 2021-12-3120,519,368USD
At 2020-12-312,685,776USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2023-12-3119,424,059USD
At 2022-12-3110,497,570USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2023-01-01 to 2023-12-31-33,814,719USD365
2022-01-01 to 2022-12-31-14,245,878USD365
2021-01-01 to 2021-12-31-14,472,494USD365

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2023-01-01 to 2023-12-31-14,865,777USD365
2022-01-01 to 2022-12-31-5,465,618USD365
2021-01-01 to 2021-12-31-4,037,001USD365

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2023-01-01 to 2023-12-3120,029,552USD365
2022-01-01 to 2022-12-3124,988,171USD365
2021-01-01 to 2021-12-3116,999,437USD365

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2023-01-01 to 2023-12-3128,612,154USD365
2022-01-01 to 2022-12-3111,258,647USD365
2021-01-01 to 2021-12-3143,093,686USD365

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2023-01-01 to 2023-12-31-4,819,888USD365
2022-01-01 to 2022-12-31-8,160,020USD365
2021-01-01 to 2021-12-31-22,891,796USD365

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2023-12-31-65,606,196USD
At 2022-12-31-39,182,625USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2023-01-01 to 2023-12-3150,578,134shares365
2022-01-01 to 2022-12-3144,110,188shares365
2021-01-01 to 2021-12-3134,243,265shares365

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2023-01-01 to 2023-12-3150,578,134shares365
2022-01-01 to 2022-12-3144,110,188shares365
2021-01-01 to 2021-12-3134,243,265shares365

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2023-01-01 to 2023-12-31-0.67USD/shares365
2022-01-01 to 2022-12-31-0.32USD/shares365
2021-01-01 to 2021-12-31-0.42USD/shares365

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2023-01-01 to 2023-12-31-0.67USD/shares365
2022-01-01 to 2022-12-31-0.32USD/shares365
2021-01-01 to 2021-12-31-0.42USD/shares365

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2021-01-01 to 2021-12-31887,648USD365

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2023-12-3113,525,999USD
At 2022-12-3119,327,658USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2023-01-01 to 2023-12-311,991,884USD365
2022-01-01 to 2022-12-311,662,883USD365
2021-01-01 to 2021-12-31868,756USD365

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2023-01-01 to 2023-12-31-30,603,427USD365
2022-01-01 to 2022-12-31-14,881,107USD365
2021-01-01 to 2021-12-31-9,052,711USD365

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2023-12-3125,695,714USD
At 2022-12-3120,455,301USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2023-12-3117,502,216USD
At 2022-12-3115,866,817USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2023-12-312,796,376USD
At 2022-12-313,573,784USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2023-12-31183,887USD
At 2022-12-31159,577USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2023-12-31188,358USD
At 2022-12-31375,154USD

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2023-12-312,612,011USD
At 2022-12-313,332,390USD

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2023-01-01 to 2023-12-3124,084,598USD365
2022-01-01 to 2022-12-3127,092,577USD365
2021-01-01 to 2021-12-3116,955,555USD365

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2023-01-01 to 2023-12-311,954,842USD365
2022-01-01 to 2022-12-311,877,907USD365
2021-01-01 to 2021-12-311,038,547USD365

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2023-07-1057,036,094shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2023-12-3119,424,059USD
At 2022-12-3110,497,570USD
At 2021-12-3113,215,729USD
At 2020-12-313,502,288USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2023-12-31-7,557,999USD
At 2022-12-31-7,557,999USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2023-12-31800,093USD
At 2022-12-31840,617USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2023-12-31690,520USD
At 2022-12-312,827,173USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2023-12-3165,250,697USD
At 2022-12-3123,674,154USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2023-12-3118,583,416USD
At 2022-12-3111,356,857USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2023-12-31183,887USD
At 2022-12-31159,577USD

Other noncurrent liabilities

Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2023-12-31325,864USD
At 2022-12-31357,226USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

PeriodValueUnitDays
At 2023-12-315,599,088USD
At 2022-12-313,880,433USD
At 2021-12-312,735,881USD
At 2020-12-311,413,050USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2023-01-01 to 2023-12-31-33,814,719USD365
2022-01-01 to 2022-12-31-14,245,878USD365
2021-01-01 to 2021-12-31-13,584,846USD365

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2023-01-01 to 2023-12-31-33,814,719USD365
2022-01-01 to 2022-12-31-14,582,583USD365
2021-01-01 to 2021-12-31-21,939,991USD365

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

PeriodValueUnitDays
2023-01-01 to 2023-12-31-33,814,719USD365
2022-01-01 to 2022-12-31-14,245,878USD365
2021-01-01 to 2021-12-31-14,472,494USD365

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2023-01-01 to 2023-12-3115,130,045USD365
2022-01-01 to 2022-12-319,040,589USD365
2021-01-01 to 2021-12-316,053,503USD365

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2023-01-01 to 2023-12-319,946,444USD365
2022-01-01 to 2022-12-319,018,323USD365
2021-01-01 to 2021-12-315,450,858USD365

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2023-01-01 to 2023-12-3110,044,644USD365
2022-01-01 to 2022-12-319,096,939USD365
2021-01-01 to 2021-12-315,473,037USD365

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2023-01-01 to 2023-12-3198,200USD365
2022-01-01 to 2022-12-3178,616USD365
2021-01-01 to 2021-12-3122,179USD365

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

PeriodValueUnitDays
2021-01-01 to 2021-12-31-887,648USD365

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2023-01-01 to 2023-12-31447,730USD365
2022-01-01 to 2022-12-31903,043USD365
2021-01-01 to 2021-12-31183,226USD365

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2022-01-01 to 2022-12-31530,065USD365

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

PeriodValueUnitDays
2023-01-01 to 2023-12-311,403,266USD365
2022-01-01 to 2022-12-312,837,048USD365

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2023-01-01 to 2023-12-31-186,796USD365
2022-01-01 to 2022-12-31210,006USD365
2021-01-01 to 2021-12-31191,623USD365

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2023-01-01 to 2023-12-31-657,574USD365
2022-01-01 to 2022-12-312,103,922USD365
2021-01-01 to 2021-12-311,749,477USD365

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2023-01-01 to 2023-12-31-777,408USD365
2022-01-01 to 2022-12-311,659,783USD365
2021-01-01 to 2021-12-312,372,830USD365

Inspect the source

Entity
Marti Technologies, Inc. / CIK 0001852767
Captured
2026-09-21T17:38:34.029Z
SEC response SHA-256
fade430096c07fdca2bd88e041b1bf8abb7bab9f31065bd7aaf7ca1ad4993b60

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001852767.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))