Marti Investor Presentation Deck slide image

Marti Investor Presentation Deck

Cash Flow Statement¹ (in thousands $) Cash flow from operating activities Net loss Adjustments to reconcile net loss to net cash used in operating activities Depreciation and amortization Interest expense-income, net Other Changes in operating assets and liabilities Accounts receivables Inventories Accounts Payables Other A. Net cash from / (used in) operating activities Cash flow from investing activities Purchases of vehicles Purchases of other ppe Purchases of intangible assets B. Net cash from / (used in) investing activities 9M 2021 (6,086) 7,449 5,725 634 1,089 620 (540) (845) 2,095 (90) 1,983 (16,965) (694) (52) (17,711) 9M 2022 (7,479) 9,854 6,891 1,496 1,467 (337) (36) (1,211) 1,237 (326) 2,038 (4,152) (451) (136) (4,739) Source: Company information. Note: 1. Based on Company-prepared GAAP results for the nine months ended September 30, 2022 and 2021. (in thousands $) Cash flow from financing activities Proceeds from other borrowings Proceeds from issuance of convertible notes Proceeds from sale of preferred stock Proceeds from issuance of long-term debt Payments on long-term debt Interests received from bank Payments on lease obligations C. Net cash from/ (used in) financing activities D. Increase (decrease) in cash and cash equivalents and restricted cash (A+B+C) E. Effect of exchange rate changes F. Net increase in cash and cash equivalents (D+E) G. Cash and cash equivalents at beginning of the year Cash and cash equivalents at ending of the year (F+G) 9M 2021 100 29,710 5,000 (1,392) (972) 32,446 16,719 (5,254) 11,465 3,502 14,967 9M 2022 2,000 (4,686) (2,215) (4,901) (7,602) (816) (8,417) 13,216 4,798 54
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