Estados financieros detallados de Marti Technologies, Inc. (MRT): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Marti Technologies, Inc. registró ingresos de $39.2M en el último ejercicio fiscal, con un CAGR de 5 años del 32.1%.
Márgenes de los últimos 12 meses: margen bruto 70.8%, margen operativo -17.6%, margen neto -69.8%.
Al precio actual de $2.03, MRT presenta beneficios negativos (P/E no significativo) y un ROE del 58.01%. La capitalización bursátil es de $175M.
Cuenta de Resultados (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Ingresos | $9.8M | $17.0M | $25.0M | $20.0M | $18.7M | $39.2M |
| Coste de Ventas | $9.5M | $20.1M | $33.0M | $32.9M | $65.9M | $35.6M |
| Beneficio Bruto | $244835 | -$3.1M | -$8.0M | -$12.9M | -$47.2M | $3.6M |
| I+D | $541241 | $1.0M | $1.9M | $2.0M | $2.0M | $3.0M |
| Generales y Administrativos | $3.1M | $3.4M | $4.1M | $12.7M | $13.7M | $20.0M |
| Gastos Operativos | $4.2M | $5.9M | $6.8M | $15.4M | $16.2M | $23.7M |
| Beneficio Operativo | -$4.0M | -$9.0M | -$14.7M | -$28.3M | -$63.4M | -$20.0M |
| EBITDA | $1.0M | -$7.5M | -$3.3M | -$17.0M | -$55.2M | -$22.2M |
| Gastos por Intereses | $263957 | 0 | $1.9M | $6.7M | $10.0M | $15.6M |
| Beneficio Antes de Impuestos | -$4.6M | -$13.6M | -$14.2M | -$33.8M | -$73.9M | -$41.4M |
| Impuestos | 0 | $887648 | 0 | 0 | 0 | 0 |
| Beneficio Neto | -$4.6M | -$14.5M | -$14.2M | -$33.8M | -$73.9M | -$41.4M |
| BPA | $-0.10 | $-0.42 | $-0.32 | $-0.67 | $-1.25 | $-0.53 |
| BPA Diluido | $-0.10 | $-0.42 | $-0.32 | $-0.67 | $-1.25 | $-0.53 |
| Acciones en Circulación (Diluidas) | $48.6M | $34.2M | $44.1M | $50.6M | $59.0M | $78.7M |
Balance (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Caja y Equivalentes | $3.5M | $13.2M | $10.5M | $19.4M | $5.1M | $7.8M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $1.4M | $3.1M | $6.1M | $2.4M | $1.6M | $504000 |
| Inventario | $75936 | $866716 | $3.3M | $2.6M | $2.0M | $2.0M |
| Activos Corrientes | $5.6M | $18.0M | $20.5M | $25.7M | $11.4M | $13.9M |
| Inmovilizado Material | $8.0M | $21.0M | $20.3M | $14.6M | $6.3M | $3.6M |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Intangibles | $19871 | $33323 | $159577 | $183887 | $590000 | $351212 |
| Activos Totales | $13.6M | $39.0M | $40.9M | $40.2M | $20.4M | $29.8M |
| Cuentas por Pagar | 0 | 0 | $3.6M | $2.8M | $1.7M | $4.1M |
| Deuda a Corto | $8.6M | $5.6M | $7.3M | $10.4M | 0 | $3.7M |
| Pasivos Corrientes | $10.5M | $10.4M | $15.9M | $17.5M | $6.8M | $14.4M |
| Deuda a Largo | 0 | $7.4M | $16.4M | $54.8M | $74.7M | $82.1M |
| Pasivos Totales | $11.0M | $18.5M | $33.3M | $72.9M | $81.8M | $96.9M |
| Reservas | -$10.5M | -$24.9M | -$39.2M | -$65.6M | -$139.5M | -$180.9M |
| Patrimonio Neto | $2.7M | $20.5M | $7.6M | -$32.7M | -$61.4M | -$67.1M |
| Deuda Total | $9.4M | $14.3M | $26.5M | $65.9M | $75.2M | $86.6M |
| Deuda Neta | $5.9M | $1.1M | $16.0M | $46.5M | $70.1M | $78.8M |
| Capital Circulante | -$5.0M | $7.6M | $4.6M | $8.2M | $4.7M | -$449000 |
Flujo de Caja (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Beneficio Neto | -$6.0M | -$14.5M | -$14.2M | -$33.8M | -$73.9M | -$41.4M |
| Amortizaciones | $5.4M | $5.5M | $9.1M | $10.0M | $8.7M | $3.6M |
| Compensación en Acciones | $643707 | $868756 | $1.7M | $2.0M | $35.7M | $11.3M |
| Cambio en Capital Circulante | $1.1M | -$1.1M | -$1.3M | $1.6M | $868669 | $4.4M |
| Flujo de Caja Operativo | $2.1M | -$4.0M | -$5.5M | -$14.9M | -$25.1M | -$14.8M |
| Inversiones (CapEx) | -$17.7M | -$22.9M | -$8.2M | -$4.8M | -$1.0M | -$485000 |
| Adquisiciones | 0 | 0 | 0 | 0 | 0 | 0 |
| Recompra de Acciones | 0 | 0 | 0 | 0 | 0 | -$368000 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$15.6M | -$26.9M | -$13.7M | -$19.7M | -$26.1M | -$15.3M |
Crecimiento y Márgenes (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Crecimiento Ingresos (anual) | +74.1% | +47.0% | -19.8% | -6.8% | +110.3% | |
| Crecimiento Beneficio Neto (anual) | -212.6% | +1.6% | -137.4% | -118.5% | +43.9% | |
| Crecimiento BPA (anual) | -340.7% | +23.8% | -109.4% | -86.6% | +57.6% | |
| Cambio en Acciones (anual) | -29.5% | +28.8% | +14.7% | +16.6% | +33.5% | |
| Crecimiento FCF (anual) | -72.5% | +49.3% | -44.2% | -32.5% | +41.5% | |
| Margen Bruto | 2.5% | -18.3% | -31.9% | -64.2% | -253.0% | 9.3% |
| Margen Operativo | -40.5% | -52.8% | -59.0% | -141.2% | -340.0% | -51.0% |
| Margen EBITDA | 10.3% | -44.1% | -13.1% | -85.0% | -295.9% | -56.6% |
| Margen Neto | -47.4% | -85.1% | -57.0% | -168.8% | -395.9% | -105.6% |
| Margen FCF | -159.9% | -158.4% | -54.7% | -98.4% | -140.0% | -38.9% |
| Tasa Impositiva Efectiva | -0.0% | -6.5% | -0.0% | -0.0% | -0.0% | -0.0% |
Datos por Acción (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| FCF por Acción | $-0.32 | $-0.79 | $-0.31 | $-0.39 | $-0.44 | $-0.19 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $48.6M | $34.2M | $44.1M | $50.6M | $59.0M | $78.7M |
Qué mirar en empresas de Technology
- Crecimiento de ingresos 3a (≥15%/año) — Valida tracción sostenida, no un año puntual.
- Margen bruto (Depende del sub-sector) — SaaS ≥70%, Internet ≥55%, Semis ≥45%, Hardware ≥35%.
- FCF / Ingresos (≥20%) — Caja real generada. Muchas tech maquillan beneficios non-GAAP.
- ROIC (≥15%) — Eficiencia del capital reinvertido — la primera métrica de Buffett.
- SBC / Ingresos (<10% saludable) — Stock-based compensation. Dilución silenciosa: >20% destruye valor.
- Deuda Neta / EBITDA (≤2x (1,5x SaaS)) — Resistencia en recesiones y subidas de tipos.
Rentabilidad
| Rentabilidad sobre capital | 58.01% |
| Rentabilidad sobre capital invertido | -45.00% |
| Rentabilidad sobre activos | -130.10% |
| Margen bruto | 70.79% |
| Margen operativo | -17.56% |
| Margen neto | -69.78% |
Salud financiera
| Deuda / Patrimonio | -1.28 |
| Ratio corriente | 1.35 |
Ratios Clave (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| P/E | -101.78 | -23.55 | -31.87 | -0.97 | -2.71 | -4.47 |
| P/VC | 175.43 | 16.50 | 59.20 | -1.01 | -3.25 | -2.78 |
| P/V | 48.26 | 19.92 | 18.01 | 1.64 | 10.71 | 4.75 |
| Margen Bruto | 2.5% | -18.3% | -31.9% | -64.2% | -253.0% | 9.3% |
| Margen Operativo | -40.5% | -52.8% | -59.0% | -141.2% | -340.0% | -51.0% |
| Margen Neto | -47.4% | -85.1% | -57.0% | -168.8% | -395.9% | -105.6% |
Empresas relacionadas: AEYE · ARBE · DUOT · IMMR · ONTF · PERF · SATL
Explorar sector: Technology · Software - Application
Más secciones de MRT: Resumen · Valoración · Estadísticas · Estimaciones · Técnico · Propiedad · Noticias · Eventos
Descubre más: Radar — señales de acciones infravaloradas · Academia de Inversión — aprende a analizar acciones