Meridian Holdings Inc.

Meridian Holdings Inc.

MRDN
Meridian Holdings Inc.US flagNASDAQ Capital Market
13.65
USD
+0.15
- -
172.55MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2021 Y
2021 Y
2022 Y
2023 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
13.86
4.33
1.42
1.84
3.14
- -
15.42
14.97
13.37
15.98
15.78
15.85
Basic EPS, GAAP
-460,163.67
-374,467.29
-6,934.33
65.06
-2.05
1.13
0.24
- -
-0.11
-0.4
1.97
-0.16
-7.76
-7.28
Free Cash Flow per Basic Share
-204,022.33
-287,233.71
0.9
-0.55
0.47
0.93
1.13
- -
1.12
0.73
1.52
0.2
1.01
0.93
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.26
0.08
0.01
0.01
Book Value per Share
-4,876,335.33
-2,669,157.86
-19,882.41
-971.31
-43.75
-16.89
-15.08
- -
-10.56
-8.76
8.52
6.03
-2.85
-2.57
Tangible Book Value per Share
-309,878
-403,323.86
-2,759.14
-55.49
-2.08
0.66
7.98
- -
7.16
6.26
6.45
-1.98
1.16
1.28
Basic Weighted Avg Shares
- -
- -
- -
- -
1
2
2
- -
2
3
7
9
12
12
Sales/Revenue/Turnover
- -
- -
- -
- -
1
3
5
- -
36
44
93
151
183
190
Operating Margin (%)
- -
- -
-25,734.04
-208.7
-108.21
68.73
7.65
- -
0.53
-1.19
15.12
2.71
-1.98
-0.19
Depreciation Expense
- -
- -
5
- -
- -
- -
- -
- -
- -
- -
5
11
15
14
Net Income, GAAP
-1
-3
-10
2
-1
2
- -
- -
- -
-1
14
-1
-90
-87
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
90.49
- -
10.16
216.66
- -
57.07
Profit Margin (%)
- -
- -
-50,031.22
1,500.9
-143.96
61.41
7.62
- -
-0.69
-2.65
14.73
-0.98
-49.16
-45.94
Working Capital
-1
-3
-4
-2
-1
1
13
19
17
18
9
-18
-24
-23
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
2
20
10
8
Total Equity
-1
-3
-4
-2
-1
1
13
19
30
31
60
109
48
50
Return on Invested Capital (%)
- -
- -
- -
- -
- -
247.22
5.16
- -
0.07
- -
25.53
-4.38
- -
- -
Return on Capital (%)
- -
- -
- -
-8.36
- -
-6.89
-1.64
- -
2.38
- -
70.15
-6.87
- -
-105.98
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-2.54
- -
-25.69

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
13
13
11
LT Borrowings
9
7
5
LT Finance Leases
4
4
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
13
13
Market Capitalization
154
111
87

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
39
35
30
Cash, Cash Equivalents & STI
22
18
17
Accounts Receivable, Net
7
8
5
Inventories
6
6
5
Total Current Liabilities
64
60
53
Payables & Accruals
49
44
41
ST Debt
13
13
11
Deferred Revenue
1
2
1

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
115.57%
36.13%
-55.63%
Free Cash Flow
- -
168.54%
508.41%
Net Income, GAAP
- -
960.03%
5,973.16%
Sales/Revenue/Turnover
- -
161.31%
21.01%
Total Cash Common Dividend
- -
- -
-81.19%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
12
39
41
46
151
2025
43
43
47
50
183
2026
50
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.01
-0.34
- -
-0.16
2025
-0.02
-0.31
0.05
-7.09
-7.76
2026
0.18
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.08
2025
- -
- -
- -
0.01
0.01
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
William Scott
Full Time Employees
1,200
Sector
Consumer Cyclical
Industry
Gambling, Resorts & Casinos
Address
3651 Lindell Road Las Vegas NV United States of America 89103
IPO Date
Oct 30, 2009
Business
Meridian Holdings Inc. engages in the development, licensing, and operation of online gaming and iGaming platforms and related services through its Meridianbet subsidiary and affiliated entities. The company operates a dual business model consisting of B2B platform provision and B2C regulated betting and gaming operations, including casino and sports betting content, across global markets. Meridian Holdings focuses on proprietary gaming software, platform solutions, and enterprise SaaS offerings for operators, alongside consumer-facing online betting experiences. The group leverages its core technologies to deliver turnkey and customizable gaming platforms, risk and odds management, player account management, payment processing, affiliate programs, and content aggregation from licensed game developers. The company is headquartered in Las Vegas, Nevada, and conducts operations worldwide, targeting licensed online gaming operators and end-users in regulated jurisdictions. Meridian Holdings traces its corporate lineage to Golden Matrix Group and has undergone branding and corporate-structure changes to emphasize its unified iGaming platform capabilities and expansion into additional regulated markets. Founding year and precise headquarters are stated as part of its corporate history, with current leadership and governance disclosed in its investor communications. The company’s ongoing strategic initiatives include expanding its B2B platform reach through partnerships and alliances, pursuing potential acquisitions or investments to broaden content and geographic reach, and introducing enhanced product offerings and service lines to maintain competitiveness in the rapidly evolving online gaming sector. Key subsidiaries and parent relationships center on Meridianbet and related holding entities coordinating global operations, licensing compliance, and cross-border product distribution. This description presents Meridian Holdings as a diversified iGaming technology and operator group with a composite focus on platform licensing, SaaS services for operators, and consumer-facing regulated betting and gaming activities in multiple markets.

Company News

APIChatGPT
  • UFC Names Meridian Holdings Official Sponsor of Fight Night Belgrade

  • UFC Names Meridianbet Official Partner of Fight Night Belgrade

  • Meridian Holdings Subsidiary Expanse Studios Signs Content Distribution Agreement with Flutter Subsidiary MaxBet for Serbian Market

  • Meridian Holdings Announces Dejan “Pet” Petković, Brazilian Football Legend, as Global Brand Ambassador

  • Expanse Studios Secures Colombia Market Certification

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  • Meridian Holdings Inc. Common Stock (NASDAQ:MRDN) & CCC Intelligent Solutions Holdings Inc. Common Stock (NASDAQ:CCC) Critical Comparison

  • CCC Intelligent Solutions Holdings Inc. Common Stock (NASDAQ:CCC) versus Meridian Holdings Inc. Common Stock (NASDAQ:MRDN) Financial Review

  • Financial Review: CCC Intelligent Solutions Holdings Inc. Common Stock (NASDAQ:CCC) versus Meridian Holdings Inc. Common Stock (NASDAQ:MRDN)

  • Contrasting Meridian Holdings Inc. Common Stock (NASDAQ:MRDN) & CCC Intelligent Solutions Holdings Inc. Common Stock (NASDAQ:CCC)

  • Financial Survey: Meridian Holdings Inc. Common Stock (NASDAQ:MRDN) and CCC Intelligent Solutions Holdings Inc. Common Stock (NASDAQ:CCC)

  • Meridian Holdings Inc. Common Stock (NASDAQ:MRDN) & CCC Intelligent Solutions Holdings Inc. Common Stock (NASDAQ:CCC) Financial Comparison

  • Expanse Studios Launches Proprietary Jackpot and Tournament System

  • Meridianbet (MRDN) Launches Redesigned Platform in Malta, Adding More AI Tools and Betting Features

  • Expanse Studios Enters Content Deployment Partnership with Stake

  • Expanse Studios Secures Certification for Estonia and Latvia Markets

  • Reviewing the Capital Structure of Meridian Holdings Inc. (MRDN)

  • Meridian Holdings (MRDN): New Name, New Ticker - What To Expect Next?