MARPAI INC.

MRAI

CIK 0001844392 · Quarterly mode · latest period FY2025 (Q4) (ending 2025-12-31) · sourced from SEC EDGAR

At a glance · FY2025 (Q4)

Revenue
$4M
↓-39.5% -$3Mvs FY2024 (Q4)
Operating Income
$966K
↓-59.4% -$1Mvs FY2024 (Q4)
Net Income
$162K
↓-89.6% -$1Mvs FY2024 (Q4)
Gross Profit
$1M
↓-60.6% -$2Mvs FY2024 (Q4)

Quality Score

Quality score

6-dimension fundamental snapshot · latest annual filed values · S&P 500 calibration

Strong
67/100
  • Profitability
    100ROIC 92.8% (10% = solid, 20%+ = moat)
  • Liquidity
    0Current Ratio 0.40 (above 1.5 = solid)
  • Leverage
    100D/E -0.60 (under 0.5 = conservative)
  • Efficiency
    100Asset Turnover 1.52x (1.0+ = capital-efficient)
  • Growth
    0Revenue YoY -39.5% (10% = solid, 25%+ = elite)
  • Margin Trend
    100Op Margin -68.6% · trend +27.3pts (4Q avg vs prior 4Q)

Calibrated to S&P 500 medians. Each sub-score is computed from a single CFA-grade ratio (Profitability = ROIC, Liquidity = Current Ratio, Leverage = D/E, Efficiency = Asset Turnover, Growth = Revenue YoY, Margin Trend = 4Q operating-margin avg vs prior 4Q). Overall = simple mean.

Capital allocation · trailing 4 quarters

how the company spent its cash
Capex (TTM)
investment in PP&E
Stock-based comp (TTM)
$4M
non-cash dilution

Balance sheet · 2025-12-31

latest filed snapshot
Total assets
$11M
everything owned
Total liabilities
$43M
everything owed
Stockholders' equity
$-33M
shareholder claim
Net debt
$19M
LT debt minus cash

Recent performance · 22 quarters

Revenue↓-39.5% -$3M
$4M
Net Income↑+1.9% +$66K
$-3M
Free Cash Flow
$634K
Operating Margin↓-25.0pts
-68.6%

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