Marpai

Marpai, Inc. offers a SMART health plan services system that transforms health plan into a health empowerment tool. It provides health plan services system addresses the problems of healthcare. The firm uses deep learning, artificial intelligence, to empower people to live better, stay strong and spend less on healthcare. Its SMART health plan services enables companies to provide better healthcare to employees and significantly reduce administration, reinsurance and care costs. The company was founded in January 2021 and is headquartered in Tampa, FL.

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q3 2023

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Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Earnings data Q4 2025

Earnings data Q1 2026

Marpai shifts focus to high-margin clients, improves financial metrics

Marpai's Q1 2024 performance reflected a strategic focus on high-margin clients, leading to improved financial metrics despite a decrease in net revenues. With a strong balance sheet and recent capital actions, the company is well-positioned to pursue growth opportunities in the competitive TPA market.

Marpai achieves Q4 turnaround, targets growth and profitability in 2025

Marpai's focus on growth, profitability, and operational efficiency is evident in its Q4 2024 performance. Strategic initiatives and collaborations position Marpai for success in benefit management and healthcare engagement services.

Marpai reports improved Q2 performance, eyes profitability in 2026

Marpai navigated a challenging quarter with revenue decline but notable expense improvements. The company's focus on TPA services, cost containment products, and technology transformation sets the stage for future growth and profitability.

Marpai navigates Q3 challenges, eyes growth with strategic initiatives

Marpai faced a decline in net revenues and reported a net loss in Q3, but the company took steps to strengthen its financial position. With a national footprint and strategic advantages in the TPA industry, Marpai is poised for growth by capitalizing on new client deals and operational enhancements.

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