Marpai, Inc. · OTC:MRAI
Marpai — Investor Presentation (August 2022)
18 slides from Marpai's investor presentation, Aug 9, 2022
Slide 1: Company Presentation, August 2022
A u g u s t 2 0 2 2 (NASDAQ: MRAI) | MarpaiHealth.com Company Presentation
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation and the statements of representatives and partners of Marpai, Inc . (the “Company”) related thereto contain or may contain forward - looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other U . S . Federal se
Slide 3: Building the Health Plan of the Future
We use advanced AI, predictive analytics and SMART automation with the goal of reducing costs for employers while increasing health outcomes for their employees. Building the Health Plan of the Future H E A L T H C O S T S | 3
Slide 4: Total addressable market for TPA fees from self-insured employers
Total addressable market for TPA fees from self - insured employers 3 % of employers offering self - insured health plans which requires a TPA – Third Party Administrator 2 Spending by self - insured health plans is one - third of total healthcare in America 1 | 4 Employer Health Plans Cover 165 MIL
Slide 5: Exclusive AI-Powered Products Driving Member Health Up
EXCLUSIVE A I - P O WE R ED PRODUCTS Driving Member Health Up & Health Plans Costs Down | 5 Prescription medication savings and transparency Ecosystem of VBC vendors and providers that guarantees quality AI - powered predictions and matching of members with proactive care Marpai Cares Value - Based
Slide 6: Marpai and Maestro Health
M A R PA | Vee Gr} maestro health”
Slide 7: Acquisition of Maestro Health Doubles Size of Marpai
Acquisition of Maestro Health Doubles Size of Marpai Summary of the Combined Company as of August 4, 2022 Employee Lives 40,000+ Annual Revenues Approximately $40 million Cash on Balance Sheet $20+ million Healthcare Networks Aetna, CIGNA and more Value Added Services Marpai Rx, Clinical Care Manage
Slide 8: Maestro Health Key Facts
Signed deal on August 4, 2022, to acquire Maestro Health Corporate subsidiary carved out from AXA SA Large independent provider of TPA and benefits services founded in 2013 Primarily serves mid - market employer groups High degree of customer retention and satisfaction (70+ NPS) To date, generated s
Slide 9: More Solutions to Sell Existing and Future Clients
Represents Marpai’s existing services Represents Maestro Health’s existing services | 9 More Solutions to Sell Existing and Future Clients \
Slide 10: Transaction Details
Purchase Price $22.1 million due on April 1, 2024 Payment Subject to Marpai meeting its obligations under the agreement, purchase price may be financed over 4 years by the seller with the last payment due on December 31, 2027 Cash Left on Balance Sheet $15.79 million Estimated Closing Date Transacti
Slide 11: Tech-First Payers vs Old World Payers
Tech Brings Revolutionizing Alternative BUCA’s Pay A Lot $$$ No Transparency No Control Old World Payers: Established Full Insured Self Insured TPA’s Pay Less $$ More Risk Low Tech, Cumbersome Lower Costs Automate & Simplify Processes Drive Healthier/Less Costly Behavior Taking business from traditi
Slide 12: Case Study: Savings of Self-Insured vs. Fully Insured Plans
32% SAVINGS Per Employee Per Month (PEPM) by changing to Marpai’s self - insured plan 1 Case Study: Savings Of Self - insured Vs. Fully Insured Plans American businesses are rapidly adopting self - insured plans for their flexibility and savings Washington D.C. - based Print Shop Note: 1 $769 PEPM w
Slide 13: Investment Opportunity
Investment Opportunity High Margin Tech - driven cost reduction High Revenue Growth Superior product offering Highly Differentiated Predict, Prevent and Protect PROPRIETARY ALGORITHMS TECH PLATFORM INNOVATIVE BRAND LOYAL CUSTOMERS MOAT Goal: reduce cost to 1/3 of industry Higher AI - enabled quality
Slide 14: Financials and Key Stats
$4.8 $5.9 $6.2 $ 0 .0 $ 2 .0 $ 4 .0 $ 6 .0 $ 8 .0 Q2 '21 Q3 '21 Q4 '21 Q1 '22 Revenue by Quarter Financials and Key Stats • 3/31/2022 Cash Balance: $14.1 million 1 • Q1 2022 Revenue: $6.2 million Summary Financials Key Statistics • Employee Lives: 21k 3 • Processed over 449k claims 4 • Filed Claims:
Slide 15: Capitalization
Marpai Health (NASDAQ: MRAI) Common Shares Outstanding 2 0 ,6 8 2, 8 44 Warrants ($5.89 Weighted Average Exercise Price) 1, 6 9 5 ,7 4 8 Options ($1.43 Weighted Average Exercise Price) 3, 8 1 7 ,3 6 7 Fully Diluted Shares 2 6 ,1 5 9, 9 59 Note: Figures as of June 30, 2022 | 15 C a p i talizati o n
Slide 16: Investment Summary
Predict Health States Prevent Costly Claims Organic + Acquisitions High M a rgi n C laims Costs Highly Efficient Payer Investment Summary $22+ billion market opportunity addressed with highly differentiated AI products 1 Source: 1 Company analysis based on estimated $44 PEPM x 39M employee lives (Mc
Slide 17: Seasoned Leadership Team and Board of Directors
Edmundo Gonzalez CEO Ronnie Brown COO Lutz Finger President, Product & Development Eli David Chief Science Advisor Art Hoath CRO Yoram Bibring CFO Yaron Eitan Chairman Damien Lamendola Director Gonen Antebi Director Mohsen Moazami Director Colleen DiClaudio Director Vincent Kane Director Yaron Eitan
Slide 18: What Will Be - Thank you