Marti Expects to Reach Positive Free Cash Flow in 2025
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Marti Technologies, Inc. (NYSE American: MRT), Türkiye's leading mobility super app, expects to achieve positive free cash flow by 2025. The company has started monetizing its ride-hailing service after two years of investment.
December 02, 2024 | 11:45 am
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POSITIVE IMPACT
Marti Technologies expects to achieve positive free cash flow by 2025, following the monetization of its ride-hailing service. This marks a significant milestone for the company as it transitions from investment to revenue generation.
The announcement of expected positive free cash flow by 2025 is a positive indicator for Marti Technologies, suggesting improved financial health and potential for growth. The monetization of its ride-hailing service indicates a shift towards revenue generation, which is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100