MARPAI ANNOUNCES GENERAL UPDATES FOR Q4
Marpai, a technology platform company operating as a national Third-Party Administrator (TPA), has announced several key developments for Q4. The company has secured major new clients for 2025, including a 4,000-employee restaurant group, a 6,000-employee hospital group, and housing industry clients with approximately 3,400 employees. Marpai, which operates in the $22 billion TPA market, remains on track for expected break-even performance in early 2025, supported by these new sales and ongoing efficiency improvements.
Marpai, una società tecnologica che funge da Amministratore Terzo Nazionale (TPA), ha annunciato diversi sviluppi chiave per il quarto trimestre. L'azienda ha acquisito nuovi clienti importanti per il 2025, tra cui un gruppo di ristoranti con 4.000 dipendenti, un gruppo ospedaliero con 6.000 dipendenti e clienti del settore abitativo con circa 3.400 dipendenti. Marpai, che opera nel mercato TPA da 22 miliardi di dollari, continua a mantenere un percorso verso una performance di pareggio prevista per all'inizio del 2025, sostenuta da queste nuove vendite e da continui miglioramenti in efficienza.
Marpai, una empresa de plataforma tecnológica que opera como Administrador Tercero Nacional (TPA), ha anunciado varios desarrollos clave para el cuarto trimestre. La compañía ha asegurado importantes nuevos clientes para 2025, incluyendo un grupo de restaurantes de 4,000 empleados, un grupo hospitalario de 6,000 empleados y clientes de la industria de la vivienda con aproximadamente 3,400 empleados. Marpai, que opera en el mercado TPA de 22 mil millones de dólares, sigue en camino a un rendimiento de equilibrio esperado a principios de 2025, respaldado por estas nuevas ventas y mejoras continuas en la eficiencia.
Marpai는 국가 제3자 관리자(TPA)로 운영되는 기술 플랫폼 회사로서, 4분기 여러 주요 발전을 발표했습니다. 이 회사는 2025년을 위해 4,000명의 직원을 둔 레스토랑 그룹, 6,000명의 직원을 둔 병원 그룹, 그리고 약 3,400명의 직원을 둔 주택 산업 고객 등 주요 신규 고객을 확보했습니다. Marpai는 220억 달러 규모의 TPA 시장에서 활동하며, 이러한 신규 판매와 지속적인 효율성 향상으로 2025년 초에 예상되는 손익 분기점 성과를 달성할 예정입니다.
Marpai, une entreprise de technologie agissant en tant qu'Administrateur Tiers National (TPA), a annoncé plusieurs développements clés pour le quatrième trimestre. L'entreprise a sécurisé de nouveaux clients majeurs pour 2025, notamment un groupe de restaurants de 4 000 employés, un groupe hospitalier de 6 000 employés, et des clients du secteur du logement avec environ 3 400 employés. Marpai, qui opère sur le marché TPA de 22 milliards de dollars, reste sur la bonne voie pour une performance à l'équilibre attendue début 2025, soutenue par ces nouvelles ventes et des améliorations continues de l'efficacité.
Marpai, ein Technologieplattform-Unternehmen, das als nationaler Drittanbieter-Verwalter (TPA) tätig ist, hat mehrere wichtige Entwicklungen für das vierte Quartal angekündigt. Das Unternehmen hat bedeutende neue Kunden für 2025 gewonnen, darunter eine Restaurantgruppe mit 4.000 Mitarbeitern, eine Krankenhausgruppe mit 6.000 Mitarbeitern und Kunden aus der Wohnungswirtschaft mit etwa 3.400 Mitarbeitern. Marpai, das im 22 Milliarden Dollar großen TPA-Markt tätig ist, bleibt auf Kurs für die erwartete Gewinnschwelle zu Beginn des Jahres 2025, unterstützt durch diese neuen Verkäufe und fortlaufende Effizienzverbesserungen.
- Secured major new clients totaling 13,400 employee lives for 2025
- On track for break-even performance in early 2025
- Successfully implementing cost reduction and efficiency measures
- None.
Marpai has secured a number of significant new accounts for 2025
Traditionally, TPAs target about
The additional sales, along with the continued execution on efficiencies and cost reductions, keep the Company on track for expected break-even performance in early 2025.
"Our sales team has excelled in leveraging Marpai Saves to deliver immediate value to our targeted industries," commented Damien Lamendola, Marpai CEO and Director. "Additionally, our focus on cost efficiency and productivity keeps us on track for an expected break-even in early 2025. It's been a busy but successful year."
About Marpai, Inc.
Marpai, Inc. (OTCQX: MRAI) is a technology platform company which operates subsidiaries that provide TPA and value-oriented health plan services to employers that directly pay for employee health benefits. Primarily competing in the
Forward-Looking Statement Disclaimer
This press release contains forward-looking statements, as that term is defined in the Private Litigation Reform Act of 1995, that involve significant risks and uncertainties. Forward-looking statements can be identified through the use of words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," "guidance," "may," "can," "could", "will", "potential", "should," "goal" and variations of these words or similar expressions. For example, the Company is using forward looking statements when it discusses new business, future opportunities, that the new client contracts are set to transition over the course of 2025 and its expected break-even potential in early 2025. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect Marpai's current expectations and speak only as of the date of this release. Actual results may differ materially from Marpai's current expectations depending upon a number of factors. These factors include, among others, adverse changes in general economic and market conditions, competitive factors including but not limited to pricing pressures and new product introductions, uncertainty of customer acceptance of new product offerings and market changes, risks associated with managing the growth of the business. Except as required by law, Marpai does not undertake any responsibility to revise or update any forward-looking statements whether as a result of new information, future events or otherwise.
More detailed information about Marpai and the risk factors that may affect the realization of forward-looking statements is set forth in Marpai's filings with the Securities and Exchange Commission. Investors and security holders are urged to read these documents free of charge on the SEC's web site at http://www.sec.gov.
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SOURCE Marpai
FAQ
What new clients has Marpai (MRAI) secured for 2025?
When does Marpai (MRAI) expect to reach break-even performance?
How many total employee lives will Marpai (MRAI) add from new clients in 2025?
