MARPAI, INC. (MRAI)

3.04USD +15.68% (+0.41)

Over 1M: +38.2%

Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles and bars need the day’s open, high and low, and need room to be drawn in: past about a year of trading a body is thinner than a hairline, so those three offer the longest window that fits instead.

2 2.5 3
7 Aug 12 Aug 17 Aug 20 Aug 25 Aug 28 Aug 2 Sep

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q3 '21 — Revenue: 4.8M Q3 '21 — Operating Income: -4.7M Q3 '21 — Operating Cash Flow: -650.7K Q4 '21 — Revenue: 5.9M Q4 '21 — Operating Income: -5.7M Q4 '21 — Operating Cash Flow: -5.3M Q1 '22 — Revenue: 6.2M Q1 '22 — Operating Income: -5.5M Q1 '22 — Operating Cash Flow: -3.3M Q2 '22 — Revenue: 5.6M Q2 '22 — Operating Income: -6.7M Q2 '22 — Operating Cash Flow: -6.8M Q3 '22 — Revenue: 4.9M Q3 '22 — Operating Income: -5.8M Q3 '22 — Operating Cash Flow: -5.2M Q4 '22 — Revenue: 7.6M Q4 '22 — Operating Income: -8.9M Q4 '22 — Operating Cash Flow: -19.9M Q1 '23 — Revenue: 9.7M Q1 '23 — Operating Income: -8.5M Q1 '23 — Operating Cash Flow: -6.5M Q2 '23 — Revenue: 10M Q2 '23 — Operating Income: -7.3M Q2 '23 — Operating Cash Flow: -2.2M Q3 '23 — Revenue: 8.7M Q3 '23 — Operating Income: -7M Q3 '23 — Operating Cash Flow: -6.6M Q4 '23 — Revenue: 8.7M Q4 '23 — Operating Income: -5.2M Q4 '23 — Operating Cash Flow: -425K Q1 '24 — Revenue: 7.4M Q1 '24 — Operating Income: -4.1M Q1 '24 — Operating Cash Flow: -3.6M Q2 '24 — Revenue: 7.2M Q2 '24 — Operating Income: -12.3M Q2 '24 — Operating Cash Flow: -3.1M Q3 '24 — Revenue: 7M Q3 '24 — Operating Income: -3.1M Q3 '24 — Operating Cash Flow: -3.8M Q4 '24 — Revenue: 6.6M Q4 '24 — Operating Income: -2.7M Q4 '24 — Operating Cash Flow: -4.7M Q1 '25 — Revenue: 5.4M Q1 '25 — Operating Income: -2.2M Q1 '25 — Operating Cash Flow: -115K Q2 '25 — Revenue: 4.7M Q2 '25 — Operating Income: -3.6M Q2 '25 — Operating Cash Flow: -3.2M Q3 '25 — Revenue: 4M Q3 '25 — Operating Income: -2.8M Q3 '25 — Operating Cash Flow: 634K Q4 '25 — Revenue: 4M Q4 '25 — Operating Income: -4.9M Q4 '25 — Operating Cash Flow: -4.8M Q1 '26 — Revenue: 4.4M Q1 '26 — Operating Income: -2.5M Q1 '26 — Operating Cash Flow: -477K Q2 '26 — Revenue: 4.2M Q2 '26 — Operating Income: -3.4M Q2 '26 — Operating Cash Flow: -4.1M -18M -12M -6M 0 6M 12M
Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26
Revenue Operating Income Operating Cash Flow

How it scores

For a valuation multiple, the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

0.9
SBC / sales 22.2%
OE margin -74.5%
Oper. margin -81.8%
Accruals -86.4%
Gross margin 24.5%
EBITDA margin -80.5%
FCF margin -52.3%
OCF margin -52.3%
Profit margin -101.5%
ROA -178.4%
Capex / sales —
OCF / EBIT —
ROCE —
ROE —
ROIC —

4 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

4.2
EV/Sales 6.1×
EV/OE -8.2×
FCF yield -11.0%
P/C 571.6×
Div. yield —
EV/EBIT —
EV/GP —
Fwd P/E —
P/B —
P/E —
PEG —

2 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

1.1
RPO / sales 0.012×
RPO growth -19.4%
Segment HHI —

4 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

1.2
ND/EBITDA -0.23
Current ratio 0.39×
Cash / Debt 0.006×
F-score 3.0 pts
Quick ratio 0.38×
Cash runway —
Debt / Eq —
Debt payback —
Equity / Assets —
Net debt / Eq —
Payout —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

3.4
Sales/sh Y/Y -29.7%
Sales Q/Q -10.5%
Div. growth —
EBIT CAGR —
EBIT Y/Y —
EPS CAGR 4Y —
EPS Y/Y —
EPS next Y —
Shares change —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.