Marpai Q4 net loss improves 67.5% YoY; full-year adjusted EBITDA loss narrows to $9.1M

Marpai, Inc.

Q4 net revenue $6.6M, down 6% sequentially; operating loss $2.7M, improved 12.2% from Q3.
Full-year 2024 net loss $22.1M, improved $6.7M (23.2%) vs 2023; EPS ($1.92), up $2.22.
Adjusted EBITDA loss for year $9.1M, vs $20.2M in 2023, citing cost actions.
CEO plans high-impact PBM-based products in H2 2025; targets profitability in 2025.
Webcast to discuss results on March 27, 2025 at 8:30 a.m. ET.

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