Marpai, Inc. (MRAI)
OTCMKTS · Delayed Price · Currency is USD
0.3300
+0.0304 (10.15%)
At close: Apr 2, 2026

Marpai Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
18.128.1737.1624.3414.23
Revenue Growth (YoY)
-35.76%-24.17%52.64%71.10%-
Cost of Revenue
13.3219.0724.2417.1410.29
Gross Profit
4.789.1112.927.213.94
Selling, General & Admin
17.9320.634.0826.6416.1
Research & Development
0.010.031.313.711.73
Operating Expenses
18.3122.8939.2933.8919.8
Operating Income
-13.53-13.78-26.37-26.68-15.86
Interest Expense
-3.23-2.71-1.53-0.27-0.43
Currency Exchange Gain (Loss)
--0-0.03-0-0.02
Other Non Operating Income (Expenses)
0.233.40.490.230.17
EBT Excluding Unusual Items
-16.54-13.09-27.44-26.72-16.13
Impairment of Goodwill
--7.59-3.02--
Gain (Loss) on Sale of Assets
-0.02-0.721.41-0.27-
Other Unusual Items
--1.88---
Pretax Income
-16.56-23.28-29.04-26.99-16.13
Income Tax Expense
--1.19-0.29-0.52-0.15
Net Income
-16.56-22.09-28.75-26.47-15.98
Net Income to Common
-16.56-22.09-28.75-26.47-15.98
Shares Outstanding (Basic)
1712753
Shares Outstanding (Diluted)
1712753
Shares Change (YoY)
50.88%65.59%37.39%100.86%314.86%
EPS (Basic)
-0.95-1.92-4.14-5.23-6.35
EPS (Diluted)
-0.95-1.92-4.14-5.23-6.35
Free Cash Flow
-7.45-15.16-15.75-35.6-11.07
Free Cash Flow Per Share
-0.43-1.32-2.27-7.04-4.39
Gross Margin
26.41%32.32%34.76%29.60%27.68%
Operating Margin
-74.78%-48.91%-70.98%-109.62%-111.49%
Profit Margin
-91.50%-78.40%-77.38%-108.74%-112.36%
Free Cash Flow Margin
-41.18%-53.80%-42.39%-146.26%-77.80%
EBITDA
-12.78-13.02-24.98-25.46-15.09
EBITDA Margin
-70.60%-46.22%-67.22%-104.61%-106.04%
D&A For EBITDA
0.760.761.41.220.78
EBIT
-13.53-13.78-26.37-26.68-15.86
EBIT Margin
-74.78%-48.91%-70.98%-109.62%-111.49%
Advertising Expenses
---0.081.26
Source: S&P Global Market Intelligence. Standard template. Financial Sources.