Marpai, Inc. (MRAI)

Marpai Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	37.16	24.34	14.23	0	0
Revenue Growth (YoY)	52.64%	71.10%	-	-	-
Cost of Revenue	28.14	17.14	10.29	0.15	0.07
Gross Profit	9.02	7.21	3.94	-0.15	-0.07
Selling, General & Admin	34.08	19.26	13.02	1.53	0.84
Research & Development	1.31	3.71	1.73	1.84	0.67
Other Operating Expenses	0.49	10.92	5.04	0.03	0
Operating Expenses	35.39	33.89	19.8	3.37	1.52
Operating Income	-26.37	-26.68	-15.86	-3.37	-1.59
Interest Income	0	0.27	0.43	0.52	0.12
Interest Expense	1.53	0.27	0.43	0.52	0.11
Other Expense / Income	1.14	0.3	0.27	0.5	0.1
Pretax Income	-29.04	-26.99	-16.14	-3.87	-1.67
Income Tax	-0.29	-0.52	-0.15	0.55	-0
Net Income	-28.75	-26.47	-15.99	-4.41	-1.67
Shares Outstanding (Basic)	7	5	5	5	5
Shares Outstanding (Diluted)	7	5	5	5	5
Shares Change	37.39%	-0.30%	0.88%	-	-
EPS (Basic)	-4.14	-5.23	-3.15	-0.88	-0.33
EPS (Diluted)	-4.14	-5.23	-3.15	-0.88	-0.33
Free Cash Flow	-15.75	-36.21	-12.54	-2.55	-1.25
Free Cash Flow Per Share	-2.27	-7.16	-2.47	-0.51	-0.25
Gross Margin	24.27%	29.60%	27.67%	-	-
Operating Margin	-70.98%	-109.62%	-111.49%	-	-
Profit Margin	-77.38%	-108.74%	-112.36%	-	-
Free Cash Flow Margin	-42.39%	-148.73%	-88.11%	-	-
EBITDA	-20.97	-22.31	-13.63	-3.19	-1.52
EBITDA Margin	-56.45%	-91.66%	-95.78%	-	-
Depreciation & Amortization	5.4	4.14	2.06	0.15	0.07
EBIT	-26.37	-26.45	-15.69	-3.34	-1.59
EBIT Margin	-70.98%	-108.66%	-110.28%	-	-

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.