Meridian Holdings Inc

Meridian Holdings Inc

MRDN · NASDAQ · Consumer Cyclical / Gambling

5.64USD-0.13 (-2.25%)

Price History

Full chart

Market Stats

Previous Close5.77
Open5.69
Day Range5.42 – 5.81
52-Week Range5.80 – 16.09
Volume54.93K
Market Cap169.04M
P/E (TTM)0.00
Forward P/E20.92
EPS-7.07
Dividend Yield0.00%
Beta1.52
50-Day Avg13.64
200-Day Avg10.62

About

Meridian Holdings Inc., a business-to-business and business-to-consumer gaming technology company, provides casino, sportsbook, and competition products in Central and South America, Europe, and Africa. It develops and licenses gaming platforms; and provides online sports betting and gaming operations under various brands, including Meridianbet, Expanse Studios, MexPlay, R Kings Competitions, Classics For A Cause, and GMAG. Meridian Holdings Inc. is based in Las Vegas, Nevada.

Company Details

  • SectorConsumer Cyclical
  • IndustryGambling
  • CEOMr. Zoran Milosevic
  • Employees1.20K
  • Headquarters3651 Lindell Road, Las Vegas, NV, United States, 89103, USA
  • Websitehttps://meridian-holdings.com

Leadership

  • Mr. William ScottPresident, CFO, Principal Financial & Accounting Officer, Treasurer & Executive Chairman · b. 1965
  • Mr. Zoran MilosevicChief Executive Officer · b. 1975

Financials

Income Statement

Currency: USD2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue--------20.00K120.00K915.80K2.88M5.22M60.37M36.03M92.99M151.12M182.86M
Growth (%)---------+500.00%+663.17%+214.72%+81.22%+1055.79%-40.31%+158.07%+62.50%+21.01%
Cost of Revenue-20.40K252.09K83.74K3.32K----50.00K72.00K22.00K2.00M14.62M26.87M24.75M62.54M79.41M
Gross Profit--20.40K-252.09K-83.74K-3.32K---20.00K70.00K843.80K2.86M3.22M45.75M9.16M68.24M88.57M103.46M
Gross Margin--------100.00%58.33%92.14%99.24%61.71%75.79%25.43%73.38%58.61%56.58%
Operating Expense-82.40K5.21M4.22M262.81K---5.22M320.44K1.83M1.05M2.82M31.45M8.97M54.18M84.47M107.08M
Operating Income-10.00K-102.80K-5.46M-4.30M-266.12K-163.41K-518.38K-2.04M-5.20M-250.44K-990.95K1.81M399.32K14.30M192.49K14.06M4.10M-3.62M
Operating Margin---------25981.79%-208.70%-108.21%62.88%7.65%23.69%0.53%15.12%2.71%-1.98%
EBITDA-10.00K-102.80K-5.46M-2.30M-254.22K-162.42K-517.51K-2.04M-779.73K2.54M-1.16M1.82M409.93K18.16M870.51K20.92M15.52M-77.46M
EBITDA Margin---------3898.64%2118.65%-126.26%62.98%7.85%30.09%2.42%22.49%10.27%-42.36%
Net Income-10.00K-102.80K-5.47M-6.30M-298.29K-471.97K-1.38M-2.62M-10.01M1.80M-1.32M1.77M398.08K12.87M-250.04K13.70M-1.48M-89.90M
Net Income Margin---------50031.22%1500.90%-143.96%61.41%7.62%21.32%-0.69%14.73%-0.98%-49.16%
R&D------------47.56K199.65K23.09K---
R&D as % of Total Revenue------------0.91%0.33%0.06%---
Interest Expense----32.16K156.91K596.83K803.15K4.55M413.65K162.04K45.35K11.85K51.16K9.19K36.16K3.52M4.58M
Interest Expense % of Total Revenue--------22758.98%344.71%17.69%1.57%0.23%0.08%0.03%0.04%2.33%2.50%

Balance Sheet

Currency: USD2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets31.37K17.96K79.11K47.59K102.61K86.69K164.88K148.12K12.30K87.67K819.87K3.01M13.81M20.46M32.57M35.58M213.72M118.08M
Total Liabilities2.71K13.39K101.05K129.75K291.13K339.76K1.09M2.97M3.99M1.62M2.16M1.97M552.61K1.53M2.77M4.48M104.77M69.74M
Total Equity28.66K4.57K-21.94K-82.16K-188.52K-253.07K-929.63K-2.82M-3.98M-1.54M-1.34M1.03M13.26M18.93M26.80M31.10M105.07M46.55M
Cash31.16K17.96K52.15K47.11K15.62K14636-2.30K25.17K446.58K1.73M11.71M16.80M14.95M17.15M30.13M18.08M
Total Debt----155.59K148.61K1.06M2.68M1.68M933.15K546.94K1.36M99282.23K154.86K59.09K39.35M23.39M
Net Debt-31.16K-17.96K-52.15K-47.11K139.97K148.60K1.06M2.68M1.68M907.99K100.36K-367.53K-11.71M-16.52M-14.79M-17.09M9.22M5.32M

Cash Flow

Currency: USD2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow--107.09K-265.33K-250.39K-224.87K-256.81K-612.07K-2.01M1.30K-15.13K302.72K1.45M1.88M21.16M2.77M23.69M23.92M25.36M
Investing Cash Flow---199.89K--6.97K-------192-8.55M-4.41M-13.07M-37.43M-22.00M
Financing Cash Flow110.00K-1.20K512.16K250.00K193.43K241.35K612.69K2.01M1.00K38.00K118.70K-167.42K7.97M-13.10M32.00K-4.15M27.71M-19.40M
Capital Expenditure00199.89K06.97K000000007.88M158.36K13.09M21.99M13.65M
Free Cash Flow--107.09K-465.22K-250.39K-231.84K-256.81K-612.07K-2.01M1.30K-15.13K302.72K1.45M1.88M13.28M2.61M10.60M1.92M11.71M
Dividends Paid-------------11.60M-1.80M769.53K144.78K
FCF to OCF-100.00%175.34%100.00%103.10%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%62.78%94.29%44.74%8.05%46.17%
Dividend Paid to FCF-------------87.30%-16.97%39.99%1.24%

Earnings

Report DateOct 31, 2009Jan 31, 2010Apr 30, 2010Jul 31, 2010Oct 31, 2010Jan 31, 2011Apr 30, 2011Jul 31, 2011Oct 31, 2011Jan 31, 2012Apr 30, 2012Jul 31, 2012Oct 31, 2012Jan 31, 2013Apr 30, 2013Jul 31, 2013Oct 31, 2013Jan 31, 2014Apr 30, 2014Jul 31, 2014Oct 31, 2014Jan 31, 2015Apr 30, 2015Jul 31, 2015Oct 31, 2015Jan 31, 2016Apr 30, 2016Jul 31, 2016Oct 31, 2016Jan 31, 2017Apr 30, 2017Jul 31, 2017Oct 31, 2017Jan 31, 2018Apr 30, 2018Jul 31, 2018Oct 31, 2018Jan 31, 2019Apr 30, 2019Jul 31, 2019Oct 31, 2019Jan 31, 2020Jan 31, 2021Apr 30, 2021Jul 31, 2021Oct 31, 2021Jan 31, 2022Apr 30, 2022Sep 28, 2022Dec 28, 2022Mar 16, 2023Jun 14, 2023Sep 7, 2023Jan 17, 2024Mar 31, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024May 8, 2025Aug 6, 2025Oct 30, 2025Dec 31, 2025Apr 28, 2026Jul 29, 2026Oct 29, 2026
EPS Estimate-----------------------------------------------------------0.060.00-0.120.040.020.070.14
EPS Actual-0.15-0.05-0.30-9.23-0.23-0.13-0.08-10.09-0.09-0.08-0.15-0.16-0.13-0.15-0.17-0.15-0.09-0.28-0.09-0.04-0.00-0.03-0.01-0.03-1000000.00-1000000.00-1000000.0010912.95457.591.210.282.24-3.080.07-0.04-0.620.220.270.180.470.230.190.020.040.170.110.120.200.21-0.77-0.16-0.18-0.320.260.570.01-0.34-0.20-0.02-0.360.00-7.740.180.17-
Surprise----------------------------------------------------------64.83%-100.00%-19450.00%800.00%142.86%-
Timing----------------------------------------------------------Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap169.04M
Enterprise Value168.49M
Trailing P/E0.00
Forward P/E20.92
Price / Sales0.86
Price / Book3.41
EPS-7.07
Book Value3.93
Revenue (TTM)197.19M
Gross Profit (TTM)109.88M
EBITDA16.59M
Profit Margin-41.41%
Operating Margin4.86%
Return on Equity-95.18%
Return on Assets1.40%
Shares Outstanding12.65M
Shares Float2.78M
Beta1.52
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
5.25%
Insiders
77.94%
Retail / Other
16.81%

Top Institutional Holders

  • Topline Capital Management LLC
    186.44K1.47%
  • BlackRock Inc
    95.24K0.75%
  • Geode Capital Management, LLC
    70.77K0.56%
  • Wayne Hummer Asset Mgmt Company
    31.09K0.25%
  • Vanguard Capital Management, LLC
    26.30K0.21%
  • Vanguard Fiduciary Trust Co
    15.34K0.12%
  • UBS Group AG
    14.47K0.11%
  • Northern Trust Corp
    14.15K0.11%
  • Susquehanna International Group, LLP
    11.19K0.09%
  • Vanguard Portfolio Management, LLC
    10.43K0.08%
  • State Street Corp
    10.03K0.08%
  • Deutsche Bank AG
    7.89K0.06%
  • FMR Inc
    5.88K0.05%
  • Continuum Advisory, LLC
    5.00K0.04%
  • Los Angeles Capital Management LLC
    4.46K0.04%

Top Fund Holders

  • Fidelity Extended Market Index
    15.84K0.13%
  • Fidelity Nasdaq Composite Index
    10.13K0.08%
  • Fidelity Series Total Market Index
    5.26K0.04%
  • Fidelity Total Market Index
    5.04K0.04%
  • BSF Systematic US Eq Abs Ret A2 USD
    57.03K0.04%