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Meridian(NASDAQ) MRDN

Market Cap$170.91MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2024)-53%
5 Year-84%
1 Year-8%
1 Month+20%
$13.52
-2.87%
-0.40Today
Meridian last closing stock price
MetricPriceDate
Last closeUSD 13.522026-09-01
Meridian stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-2.03%USD 13.802026-08-25
1 month+19.96%USD 11.272026-07-31
3 month+11.28%USD 12.152026-06-03
Year to date+40.69%USD 9.612025-12-31
1 year-8.4%USD 14.762025-08-29
3 year-61.15%USD 34.802023-09-01
5 year-83.79%USD 83.402021-09-02
Since inception-53.16%USD 29.762024-04-10

Meridian Financials at a Glance

Market Cap

$170.91MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$197.19M

Net Income (TTM)

-$81.66M

EPS (TTM)

-$6.46

P/E Ratio

-2.09

Dividend

$0.00

Beta (Volatility)

0.70 (Low)

Price

$13.52

Volume

55,627.673

Open

$13.77

Previous Close

$13.52

Daily Range

$13.43 - $14.00

52-Week Range

$5.80 - $16.09

Estimated Earnings Date

Oct 29, 2026

MRDN News

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Golden Matrix (GMGI) Q2 Revenue Up 10%

Motley Fool Markets TeamAug 6, 2025

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About Meridian

Golden Matrix Group, Inc. is a prominent player in the online gaming and casino technology domain, offering scalable and customizable software solutions. With a strong focus on innovation and market expansion, the company operates across more than 15 jurisdictions, providing a breadth of gaming options through both B2C and B2B channels.

Products and Services

Online sports betting across diverse international markets

Online casino operations with a wide range of games

Enterprise Software-as-a-Service (SaaS) solutions for gaming operators

Pay-to-enter prize competitions in the UK and online trade promotions in Australia

Franchise model licensing of sports betting technology in several African countries

What Makes Golden Matrix Group, Inc. Special

Golden Matrix Group, Inc. distinguishes itself through its proprietary technology platform that offers modular, scalable, and customizable gaming solutions. This flexibility allows seamless integration with client systems, catering to a broad spectrum of international markets. The company's leadership, with deep industry and technical expertise, underpins its strategic growth initiatives and innovative product offerings.

Five Things You Need to Know

Golden Matrix operates over 800 unique casino and live game operations worldwide.

The company's online platforms incorporate state-of-the-art odds setting and risk management systems.

A comprehensive sports betting service covers over 800 leagues and 20,000 monthly events.

Golden Matrix actively expands its market reach with licenses in numerous jurisdictions.

The company is committed to responsible gaming and complies with local regulations in all operating regions.

AI Generated • Apr 16, 2026

Industry

Entertainment

Sector

Communication Services

Employees

1,200

CEO

William Scott

Website

www.meridian-holdings.com

Headquarters

Las Vegas, NV 89103, US

MRDN Financials

Key Financial Metrics (TTM)

Gross Margin

55.72%

Operating Margin

2.22%

Net Income Margin

-41.41%

Return on Equity

-121.62%

Return on Capital

-5.18%

Return on Assets

-70.93%

Earnings Yield

-47.85%

Dividend Yield

0.00%

Payout Ratio

-0.18%

Stock Overview

Market Cap

$170.91MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

12.64M

Volume

55.63K

Avg. Volume

72.73K

Financials (TTM)

Gross Profit

$109.88M

Operating Income

$4.38M

EBITDA

-$72.69M

Operating Cash Flow

$28.20M

Capital Expenditure

-$348.18K

Free Cash Flow

$27.85M

Cash & ST Invst.

$17.32M

Total Debt

$16.36M

Meridian Performance Analysis

Meridian annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-10-31USD 36,034,856189.6%
20232023-10-31USD 44,174,05222.6%
20242024-12-31USD 151,115,532242.1%
20252025-12-31USD 182,863,37321.0%
Meridian sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-309.4%
Q42025-12-314.8%
Q12026-03-311.1%
Q22026-06-300.2%
Meridian annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-10-31USD -0.11N/A
20232023-10-31USD -0.40271.3%
20242024-12-31USD -0.16-60.6%
20252025-12-31USD -7.764856.5%
Meridian sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30115.3%
Q42025-12-31-14521.1%
Q12026-03-31102.6%
Q22026-06-30-5.6%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$50.19M

+16.1%

Gross Profit

$26.85M

+10.2%

Gross Margin

53.50%

N/A

Market Cap

$170.91MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$142.42K

N/A

Employees

1,200

N/A

Net Income

$2.17M

+160.4%

EBITDA

$5.60M

+173.3%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$17.32M

-23.0%

Total Debt

$16.36M

-44.0%

Accounts Receivable

$8.58M

-18.6%

Inventory

$4.64M

-2.6%

Long Term Debt

$3.58M

-77.1%

Short Term Debt

$12.78M

-6.1%

Return on Assets

-70.93%

N/A

Return on Invested Capital

7.97%

N/A

Free Cash Flow

$12.95M

+447.6%

Operating Cash Flow

$7.80M

+228.0%

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Questions About MRDN

What is the current price of Meridian?

Meridian is trading at $13.52 per share.

What is the 52-week range for Meridian?

Over the past 52 weeks, Meridian has traded between $5.80 and $16.09.

How much debt does Meridian have?

As of the most recent reporting period, Meridian reported total debt of $16.36M.

How much cash does Meridian have on hand?

Meridian reported $17.32M in cash and cash equivalents in its most recent financial results.

What is Meridian’s dividend yield?

Meridian does not currently have a dividend yield.

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