Healthcare -
Medical - Healthcare Plans - NASDAQ - US
$ 1.09
5.83 %
$ 15.7 M
Market Cap
-0.37
P/E
1. INTRINSIC VALUE
Balance Sheet
Marpai, Inc.
| Current Assets | 17.1 M |
| Cash & Short-Term Investments | 1.15 M |
| Receivables | 2.7 M |
| Other Current Assets | 13.2 M |
| Non-Current Assets | 14.6 M |
| Long-Term Investments | 0 |
| PP&E | 2.98 M |
| Other Non-Current Assets | 11.6 M |
| Current Liabilities | 20.8 M |
| Accounts Payable | 4.65 M |
| Short-Term Debt | 512 K |
| Other Current Liabilities | 15.7 M |
| Non-Current Liabilities | 24.3 M |
| Long-Term Debt | 3.68 M |
| Other Non-Current Liabilities | 20.6 M |
EFFICIENCY
Earnings Waterfall
Marpai, Inc.
| Revenue | 37.2 M |
| Cost Of Revenue | 24.2 M |
| Gross Profit | 12.9 M |
| Operating Expenses | 40.4 M |
| Operating Income | -26.4 M |
| Other Expenses | 2.38 M |
| Net Income | -28.8 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Marpai, Inc.
| Net Income | -28.8 M |
| Depreciation & Amortization | 5.4 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 2.1 M |
| Change in Working Capital | 2.34 M |
| Others | 2.69 M |
| Free Cash Flow | -15.7 M |
Wall Street Analysts Price Targets
Marpai, Inc.
MRAI has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
MRAI does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Marpai, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
115 K USD 2
Bought
0 USD 0
0-3 MONTHS
142 K USD 3
3-6 MONTHS
650 K USD 1
6-9 MONTHS
61.3 K USD 4
9-12 MONTHS
7. News
MARPAI TO HOST WEBCAST ON MARCH 27, 2025 TO DISCUSS FOURTH QUARTER AND FULL YEAR 2024 FINANCIAL RESULTS
TAMPA, Fla. , March 20, 2025 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (OTCQX: MRAI), a technology platform company, operates as a national Third-Party Administrator (TPA) through its subsidiaries.
prnewswire.com
- 2 weeks ago
MARPAI ACCELERATES HEALTHCARE TRANSFORMATION WITH EMPARA COLLABORATION, LAUNCHING UNIFIED HEALTH ENGAGEMENT PLATFORM
TAMPA, Fla. , March 18, 2025 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (OTCQX: MRAI), a technology platform company and a disruptor in the $22 billion Third-Party Administrator ("TPA") market, is taking decisive action to revolutionize self-funded employer health plans.
prnewswire.com
- 2 weeks ago
Health In Tech Announces Innovative Collaboration with MARPAI and Vitable DPC to Offer Competitive Quotes in Enhanced Self-Funded Solutions
STUART, Fla. , Jan. 22, 2025 /PRNewswire/ -- Health In Tech, an Insurtech platform company backed by third-party AI technology, is thrilled to announce a new strategic collaboration with Vitable and MARPAI.
prnewswire.com
- 2 months ago
MARPAI ANNOUNCES SECOND TRANCHE OF NON-DILUTIVE GROWTH FUNDING WITH UP TO $5 MILLION FROM JGB
TAMPA, Fla. , Jan. 6, 2025 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (OTCQX: MRAI), a technology platform company, which operates as a national Third-Party Administrator (TPA) through its subsidiaries and is transforming the $22 billion TPA market by offering affordable, intelligent, healthcare solutions to self-funded employer health plans, today announced the funding of an additional $5,000,000 from JGB Collateral LLC, a Delaware limited liability company ("JGB").The company intends to use the net proceeds from the offering for growth initiatives and general working capital.
prnewswire.com
- 2 months ago
MARPAI ANNOUNCES PRICING OF $700,000 PRIVATE PLACEMENT
TAMPA, Fla. , Dec. 5, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (OTCQX: MRAI), a technology platform company, which operates as a national Third-Party Administrator (TPA) through its subsidiaries and is transforming the $22 billion TPA market by offering affordable, intelligent, healthcare solutions to self-funded employer health plans, today announced the pricing of a private placement offering consisting of the issuance and sale of 621,194 shares of its Class A common stock (the "Common Stock"), par value $0.0001 per share, at a purchase price of $1.13 per Common Stock, for aggregate gross proceeds of $701,950.
prnewswire.com
- 4 months ago
MARPAI ANNOUNCES GENERAL UPDATES FOR Q4
Marpai has secured a number of significant new accounts for 2025 TAMPA, Fla. , Nov. 26, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (OTCQX: MRAI), a technology platform company, operates as a national Third-Party Administrator (TPA) through its subsidiaries.
prnewswire.com
- 4 months ago
Marpai, Inc (MRAI) Q3 2024 Earnings Call Transcript
Marpai, Inc (OTCQX:MRAI) Q3 2024 Results Conference Call November 12, 2024 8:30 AM ET Company Participants Steve Johnson - Chief Financial Officer Damien Lamendola - Chief Executive Officer and Director John Powers - President Operator Good morning, and welcome to the Marpai Third Quarter 2024 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.
seekingalpha.com
- 4 months ago
MARPAI REPORTS THIRD QUARTER 2024 FINANCIAL RESULTS
Turnaround continues to gain traction TAMPA, Fla. , Nov. 11, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (OTCQX: MRAI), a technology platform company, which operates as a national Third-Party Administrator (TPA) through its subsidiaries and is transforming the $22 billion TPA market by offering affordable, intelligent, healthcare solutions to self-funded employer health plans, announced financial results for the third quarter of 2024.
prnewswire.com
- 4 months ago
MARPAI TO HOST WEBCAST ON NOVEMBER 12, 2024 TO DISCUSS THIRD QUARTER 2024 FINANCIAL RESULTS
TAMPA, Fla. , Nov. 8, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (OTCQX: MRAI), a technology platform company, operates as a national Third-Party Administrator (TPA) through its subsidiaries.
prnewswire.com
- 4 months ago
MARPAI ANNOUNCES NEW "OFF CYCLE" CLIENT CONTRACT
Company continues to grow with new business leveraging regional success in the southeast TAMPA, Fla. , Aug. 27, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (OTCQX: MRAI), a technology platform company, operates as a national Third-Party Administrator (TPA) through its subsidiaries.
prnewswire.com
- 7 months ago
Marpai, Inc. (MRAI) Q2 2024 Earnings Call Transcript
Marpai, Inc. (OTCQX:MRAI) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Steve Johnson - Chief Financial Officer Damien Lamendola - Chief Executive Officer and Director Operator Good morning, and welcome to the Marpai Second Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode.
seekingalpha.com
- 7 months ago
MARPAI REPORTS SECOND QUARTER 2024 FINANCIAL RESULTS
Company continues to drive towards profitability TAMPA, Fla. , Aug. 7, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (OTCQX: MRAI), a technology platform company, which operates as a national Third-Party Administrator (TPA) through its subsidiaries and is transforming the $22 billion TPA market by offering affordable, intelligent, healthcare solutions to self-funded employer health plans, announced financial results for the second quarter of 2024.
prnewswire.com
- 7 months ago
8. Profile
Summary
Marpai, Inc. MRAI
COUNTRY
US
INDUSTRY
Medical - Healthcare Plans
MARKET CAP
$ 15.7 M
Dividend Yield
0.00%
Description
Marpai, Inc., a technology-driven healthcare payer, focuses on providing services to the self-insured employer market in the United States and Israel. The company offers ancillary services, such as care management, case management, actuarial services, health savings account administration, and cost containment services. It also develops artificial intelligence and healthcare technology that enables the analysis of data to predict and prevent events related to diagnostic errors, hospital visits, and administrative issues. The company was incorporated in 2021 and is headquartered in New York, New York.
Contact
401 Park Avenue South, New York, NY, 10016
https://www.marpaihealth.com
IPO
Date
Oct. 27, 2021
Employees
162
Officers
Dr. Eli David Ph.D.
Co-Founder & Chief Science Advisor
Mr. Richard Brewer
Chief Strategy Officer
Ms. Pamela Burns
Senior Vice President of Sales
Mr. Steve Johnson
Chief Financial Officer & Company Secretary
Mr. Damien Francis Lamendola
Chief Executive Officer & Director
Mr. John Powers
President & Chief Operating Officer