Marpai, Inc. (MRAI)

OTCMKTS · Delayed Price · Currency is USD
1.060
-0.050 (-4.50%)
Dec 18, 2024, 4:00 PM EST
-43.32%
Market Cap 14.57M
Revenue (ttm) 30.29M
Net Income (ttm) -25.96M
Shares Out 13.75M
EPS (ttm) -2.58
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 21,810
Open 1.240
Previous Close 1.110
Day's Range 1.060 - 1.290
52-Week Range 0.400 - 2.965
Beta 4.82
Analysts n/a
Price Target n/a
Earnings Date Mar 27, 2025

About Marpai

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, bill review and cost containment services. Marpai, Inc. was incorporated in 2021 and is based in Tampa, Florida. [Read more]

Sector Healthcare
Founded 2021
Employees 162
Stock Exchange OTCMKTS
Ticker Symbol MRAI
Full Company Profile

Financial Performance

In 2023, Marpai's revenue was $37.16 million, an increase of 52.64% compared to the previous year's $24.34 million. Losses were -$28.75 million, 8.63% more than in 2022.

Financial Statements

News

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 i...

13 days ago - PRNewsWire

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, oper...

22 days ago - PRNewsWire

Marpai, Inc (MRAI) Q3 2024 Earnings Call Transcript

Marpai, Inc (OTCQX:MRAI) Q3 2024 Results Conference Call November 12, 2024 8:30 AM ETCompany ParticipantsSteve Johnson - Chief Financial OfficerDamien...

5 weeks ago - Seeking Alpha

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 Th...

5 weeks ago - PRNewsWire

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 sub...

5 weeks ago - PRNewsWire

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 technolog...

4 months ago - PRNewsWire

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 Directo...

4 months ago - Seeking Alpha

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 n...

4 months ago - PRNewsWire

MARPAI TO HOST WEBCAST ON AUGUST 8, 2024 TO DISCUSS SECOND QUARTER 2024 FINANCIAL RESULTS

TAMPA, Fla. , Aug. 2, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (OTCQX: MRAI), a technology platform company, operates as a national Third-Party Administrator (TPA) through its sub...

4 months ago - PRNewsWire

MARPAI PRESIDENT JOHN POWERS TABBED TO SPEAK AT 3 ELITE HEALTHCARE CONFERENCES

TAMPA, Fla., July 16, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (OTCQX: MRAI), an independent national Third-Party Administration company transforming the $22 billion TPA market su...

5 months ago - PRNewsWire

MARPAI ANNOUNCES WITHDRAWAL FROM NASDAQ HEARINGS PROCESS AND WILL TRANSITION TRADING TO THE OTCQX MARKET

Move reduces cost and burdens of Nasdaq listing TAMPA, Fla. , May 24, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (Nasdaq: MRAI), an independent national Third-Party Administration (...

7 months ago - PRNewsWire

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Marpai, Inc. (NASDAQ: MRAI)

NEW YORK , May 21, 2024 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Marpai, Inc. (NASDAQ: MRAI) on behalf of the company's shareholders. The investigation seeks to deter...

7 months ago - PRNewsWire

Marpai, Inc. (MRAI) Q1 2024 Earnings Call Transcript

Marpai, Inc. [MRAI] Q1 2024 Earnings Conference Call May 10, 2024 8:00 AM ET Company Participants Damien Lamendola - Director & CEO John Powers - President Steve Johnson - CFO Conference Call Particip...

7 months ago - Seeking Alpha

MARPAI REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS

Reduces Operating Expense by over $5 million and Net Loss by over 50% compared to 2023 TAMPA, Fla. , May 9, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (Nasdaq: MRAI), an independent...

7 months ago - PRNewsWire

MARPAI TO HOST WEBCAST ON MAY 10, 2024 TO DISCUSS FIRST QUARTER 2024 FINANCIAL RESULTS

TAMPA, Fla. , May 3, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (Nasdaq: MRAI), an independent national Third-Party Administration (TPA) company transforming the $22 billion TPA mar...

8 months ago - PRNewsWire

MARPAI INC. ANNOUNCES COST REDUCTION PROGRAM AND PROPERTY SUBLEASE

TAMPA, Fla. , May 2, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (Nasdaq: MRAI), an independent national Third-Party Administration (TPA) company transforming the $22 billion TPA mar...

8 months ago - PRNewsWire

MARPAI INC. BOLSTERS SALES TEAM WITH TWO WORLD-CLASS EXECUTIVES

TAMPA, Fla. , April 24, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (Nasdaq: MRAI), an independent national Third-Party Administration (TPA) company transforming the $22 billion TPA ...

8 months ago - PRNewsWire

MARPAI INC. ANNOUNCES SALE OF $11.83 MILLION CONVERTIBLE NOTES

Financing Strengthens Marpai's Growth Trajectory TAMPA, Fla. , April 16, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (Nasdaq: MRAI), an independent national Third-Party Administratio...

8 months ago - PRNewsWire

Marpai, Inc. (MRAI) Q4 2023 Earnings Call Transcript

Marpai, Inc. (MRAI) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

MARPAI REPORTS FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS

Full Year Benefit of Maestro Acquisition and Q4 Corrective Actions Driving Financial Improvement TAMPA, Fla. , March 26, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (Nasdaq: MRAI), a...

9 months ago - PRNewsWire

NASDAQ PANEL GRANTS MARPAI'S REQUEST FOR EXTENSION TO COMPLY WITH CONTINUED LISTING REQUIREMENTS

TAMPA, Fla., March 13, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (Nasdaq: MRAI), an independent national Third-Party Administration (TPA) company transforming the $22 billion TPA m...

10 months ago - PRNewsWire

MARPAI ANNOUNCES PRELIMINARY UNAUDITED FINANCIAL RESULTS FOR FOURTH QUARTER AND FULL YEAR 2023

Full Year Impact of Maestro Acquisition and Q4 Corrective Actions Driving Improvement TAMPA, Fla. , March 6, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (Nasdaq: MRAI), an independen...

10 months ago - PRNewsWire

MARPAI ANNOUNCES "OFF-CYCLE" NEW CLIENT AGREEMENT

Marpai executes new client agreement furthering its expansion in the Southeast. TAMPA, Fla.

10 months ago - PRNewsWire

MARPAI ANNOUNCES KEY FINANCIAL AGREEMENTS

Marpai executes amendment with AXA delaying payment obligations and secures $1.7 million in revenue-based financing from Libertas Funding, LLC.   NEW YORK , Feb. 8, 2024 /PRNewswire/ -- Marpai, Inc. (...

11 months ago - PRNewsWire

MARPAI HIRES JOHN POWERS AS PRESIDENT

Accomplished Industry Veteran with Proven Track Record of Successful High Growth Operations to support Marpai's vision of Affordable, Intelligent, Healthcare NEW YORK , Jan. 12, 2024 /PRNewswire/ -- M...

1 year ago - PRNewsWire