Meridian Holdings, Inc. MRDN
- Market cap
- $167.7M
- P/E
- 0.0×
Follow MRDN
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 270.00 | 1.80 | 1.80 | 1.80 | 1.80 | 48.00 | 22.68 | 23.40 | 22.68 | 8.44 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
||
| 6,075,000.00 | 270.00 | 5.40 | 12.60 | 93.00 | 168.60 | 128.64 | 53.57 | 75.24 | 31.20 |
High Price
|
|||
| — | — | — | — | 2 | 17 | 30 | 31 | 1,200 | 1,200 |
Employees
|
|||
| 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 |
Revenue/Emp
|
|||
| 0 | 0 | 1 | 3 | 4 | 9 | 36 | 93 | 151 | 183 |
Revenue
|
|||
| 0.00% | 58.33% | 92.14% | 99.24% | 96.75% | 35.17% | 25.43% | 73.38% | 58.61% | 56.58% |
Gross Margin
|
|||
| (10) | 2 | (1) | 2 | 2 | 1 | 0 | 15 | 1 | (97) |
EBT
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| (50,031.00%) | 1,500.92% | (143.96%) | 61.41% | 54.97% | 6.94% | 1.29% | 16.63% | 0.80% | (53.15%) |
EBT Margin
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|||
| (10) | 2 | (1) | 2 | 2 | 1 | 0 | 14 | (1) | (92) |
Net Income
|
|||
| 5 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 11 | 15 |
Depreciation
|
|||
| 13.33 | 0.36 | 0.12 | 1.84 | 0.19 | 4.69 | 15.43 | 13.37 | 15.98 | 15.78 |
Revenue/Sh
|
|||
| (6,761.24) | 6.00 | (0.17) | 1.13 | 0.07 | 0.33 | 0.02 | 2.00 | (0.12) | (7.76) |
Earnings/Sh
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|||
| 0.87 | (0.05) | 0.04 | 0.93 | 0.05 | 0.64 | 1.19 | 3.41 | 2.53 | 2.19 |
Cash Flow/Sh
|
|||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (0.06) | (0.16) | (1.88) | (2.32) | (1.18) |
Capex/Sh
|
|||
| 0.87 | (0.05) | 0.04 | 0.93 | 0.05 | 0.58 | 1.02 | 1.52 | 0.20 | 1.01 |
Free CF/Sh
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| (2,654.27) | (4.62) | (0.17) | 0.66 | 0.13 | 9.51 | 12.76 | 8.63 | 11.52 | 4.17 |
Book Value/Sh
|
|||
| 0 | 0 | 8 | 2 | 19 | 2 | 2 | 7 | 9 | 12 |
Shares
|
|||
| 0.00 | 0.55 | 0.00 | 2,571.43 | 312.31 | 257.12 | 42.34 | 140.80 | 0.00 | 0.00 |
PE Ratio
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|||
| 0.00 | 334.71 | 393.59 | 5.92 | 27.88 | 233.39 | 23.35 | 2.13 | 1.37 | 0.61 |
PS Ratio
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| 0.00 | 0.00 | 0.00 | 16.52 | 19.76 | 115.08 | 28.23 | 3.35 | 2.06 | 2.30 |
PB Ratio
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| 0.00 | 334.40 | 393.04 | 5.68 | 26.72 | 231.61 | 22.93 | 1.91 | 1.38 | 0.60 |
EV/Sales
|
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| (100.37) | (1,114.67) | 1,708.69 | 19.33 | 61.61 | 1,700.68 | 345.33 | 10.05 | 41.57 | 9.43 |
EV/FCF
|
|||
| 0 | 0 | 0 | 1 | 1 | 1 | 3 | 24 | 24 | 25 |
Op' Cash Flow
|
|||
| — | — | — | — | — | 0 | 0 | (13) | (22) | (14) |
Capex
|
|||
| 0 | 0 | 0 | 1 | 1 | 1 | 2 | 11 | 2 | 12 |
FCF
|
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| (4) | (2) | (1) | 1 | 2 | 19 | 17 | 9 | (18) | (24) |
Working Cap'
|
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| 2 | 1 | 1 | 1 | 0 | 0 | 0 | — | 32 | 17 |
Total Debt
|
|||
| 2 | 1 | 0 | (1) | (2) | (17) | (15) | (20) | 2 | (1) |
Net Debt
|
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| (4) | (2) | (1) | 1 | 2 | 19 | 30 | 60 | 109 | 48 |
Sh' Equity
|
|||
| (81,351.22%) | 2,053.71% | (160.80%) | 92.54% | 52.16% | 3.78% | (0.94%) | 23.74% | (1.01%) | (54.19%) |
ROA
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| 0.00% | 0.00% | 0.00% | 337.31% | 0.00% | 19.96% | 0.80% | 21.73% | 1.55% | (126.72%) |
ROIC
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| 251.32% | (117.25%) | 98.29% | (1,149.29%) | 78.18% | 4.03% | (1.03%) | 30.09% | (1.75%) | (114.31%) |
ROE
|
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Meridian Holdings, Inc. peers in Gambling
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|---|---|---|---|
| INSE Inspired Entertainment, Inc. | $122.8M | 0.0× | Compare |
| ROLR HIGH ROLLER TEC | $67.0M | 18.5× | Compare |
| CDRO Codere Online Luxembourg, S.A. | $445.6M | 0.0× | Compare |
| GRSD Grandstand Limited | $55.1M | 0.0× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| BRAG Bragg Gaming Group Inc. | $42.9M | 0.0× | Compare |
| ACEL Accel Entertainment, Inc. | $901.8M | 16.0× | Compare |
| BRSL Brightstar Lottery | $1.8B | 7.6× | Compare |
| SEGG Sports Entertainment Gaming Global Corporation | $9.4M | 0.0× | Compare |
Meridian Holdings, Inc. (MRDN) key facts
- Meridian Holdings, Inc. (MRDN) is a Gambling company in the Consumer Cyclical sector, listed on Nasdaq.
- Meridian Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $182.9 million, up 21.0% from fiscal 2024.
- As of September 25, 2026, MRDN traded at $13.36, a market capitalization of $167.7 million.
- Return on equity was −114.3% and debt-to-equity 0.20.
Meridian Holdings, Inc. (MRDN) Latest News
21 Sep
Meridian Holdings' Expanse Studios will exhibit at the Global Gaming Expo (G2E) in Las Vegas Sept. 28–Oct. 1, 2026, booth 4233. Expanse develops proprietary casino content for Meridian and third-party operators, with about 100 titles distributed to more than 1,800 casino brands and certifications in 15+ regulated markets, including Malta, Portugal, Sweden, Croatia, Romania, Bulgaria, Estonia, Latvia and Slovenia. At G2E, it will showcase its latest slots and crash games. Over the past year, Expanse expanded with new operator/aggregator partnerships and more jurisdictional certifications, enabling deployment under commercial agreements as signed. Meetings can be arranged via [email protected] or [email protected], or at booth 4233. Meridian, a B2B and B2C gaming group, operates Expanse and GMAG in its B2B division and Meridianbet in its B2C arm. Certifications in 15+ markets and expanded partnerships could broaden MRDN's addressable market and revenue opportunities.
4 Sep
Meridian Holdings subsidiary Expanse Studios signs distribution agreement with Casino Portoroz to enter Slovenian market. Subsidiary market entry via distribution deal offers moderate expansion opportunities without transforming core operations.
30 Jul
Meridian Holdings, Inc. reported 16% year-over-year revenue growth driven by record new customer registrations during the FIFA event. Revenue increase from elevated customer sign-ups points to moderately positive effects on near-term financial results and market perception.
29 Jul
Meridian Holdings Inc (MRDN) reported record revenue in its Q2 2026 earnings call. Record revenue signals major positive shift in financial performance and investor outlook for Meridian Holdings Inc.
Meridian Holdings, Inc. (MRDN) announces leadership team to drive next stage of global expansion. Leadership announcement for global expansion may moderately affect operations and market sentiment without guaranteed fundamental trajectory change.
Meridian Holdings, Inc. held its Q2 earnings call, covering financial results, operational updates and forward guidance for the company. Q2 earnings and guidance updates can moderately shift near-term investor sentiment and valuation without fundamentally changing long-term trajectory.
Meridian Holdings, Inc. (MRDN) reported its second quarter 2026 financial results. Quarterly earnings releases supply performance data that can shift investor sentiment and short-term valuation.
21 Jul
Meridian Holdings, Inc. (MRDN) sponsors high profile UFC MMA event distributed internationally. International UFC sponsorship delivers brand exposure likely to lift short-term visibility and sentiment without shifting core operations.
1 May
Meridian Holdings Inc. (MRDN) beat earnings expectations, leading analysts to issue new forecasts. Beating earnings expectations signals robust financial performance, likely prompting upward analyst revisions and boosting stock trajectory.
29 Apr
Meridian Holdings, Inc. (MRDN) issued 2Q26 revenue guidance projecting 18%-23% year-over-year growth. Strong forward revenue growth guidance signals robust future performance and likely enhances investor sentiment.
28 Apr
Meridian Holdings (NASDAQ:MRDN) Q1 results show growing profitability and improved balance sheet stability. Strong Q1 profitability growth and balance sheet improvements indicate significant positive momentum for future financial performance and investor sentiment.
Meridian Holdings, Inc. (MRDN) reported its Q1 2026 financial results. Quarterly financial results influence key financial performance and investor sentiment with moderate impact.
15 Apr
Expanse Studios launches proprietary jackpot and tournament system, enhancing gaming offerings for Meridian Holdings, Inc. (MRDN). Proprietary jackpot and tournament system launch marks a major strategic product innovation strengthening MRDN's competitive position.
14 Apr
Analyst maintains Buy rating on Meridian Holdings (NASDAQ:MRDN) due to record revenue and balance sheet transformation offsetting near-term headwinds. Record revenue and balance sheet transformation represent major financial improvements that could significantly boost investor sentiment and company trajectory.
9 Apr
Expanse Studios, part of Meridian Holdings, secures regulatory certification to enter Portugal's iGaming market, enabling legal operations and expansion into a key European jurisdiction. Market entry certification in Portugal opens new revenue streams and strengthens competitive positioning in Europe's regulated iGaming sector.
7 Apr
Analysts argue Meridian Holdings (MRDN) noncash charge conceals positive underlying business trends. Noncash charge downplayed as masking positive trends, likely to moderately lift investor sentiment and financial outlook.
31 Mar
Meridian Holdings Inc (MRDN) Q4 2025 earnings call highlights record revenue amidst challenges. Record Q4 2025 revenue represents a significant financial milestone likely to enhance investor sentiment and future performance.
Meridian Holdings, Inc. (MRDN) reported record fourth quarter revenue of $49.6 million and record full-year 2025 revenue of $182.9 million. Record revenues indicate strong financial performance likely to enhance investor sentiment and future market valuation.
25 Mar
Meridianbet (MRDN) launched a redesigned betting platform in Malta, incorporating additional AI tools and new betting features. Redesigned platform with AI tools and new betting features marks a major upgrade to core operations, boosting competitiveness and user engagement.
19 Mar
Gamma Resources announces debt settlement and exercises of warrants by insiders. Debt settlement strengthens balance sheet while insider warrant exercises indicate confidence in future prospects.
13 Mar
Expanse Studios enters content deployment partnership with Stake, positioning Meridian Holdings (MRDN) for expanded market reach. Partnership enables broader content distribution, moderately enhancing MRDN's revenue potential and competitive stance.
10 Mar
Expanse Studios, part of Meridian Holdings, Inc. (MRDN), secures certification to enter the regulated iGaming markets of Estonia and Latvia, enabling market expansion and new revenue opportunities. Certification unlocks entry into two new regulated European markets, significantly enhancing MRDN's geographic reach and growth potential.
9 Mar
Meridian Holdings, Inc. (MRDN) virtual meeting with management produced positive takeaways. Positive management takeaways signal moderate improvements in operations and investor sentiment.
4 Mar
Expanse Studios, part of Golden Matrix Group, Inc. (GMGI), launches proprietary Bonus Bet feature to enhance iGaming offerings. Proprietary Bonus Bet launch by Expanse Studios bolsters GMGI's product innovation and competitive positioning in iGaming.
3 Mar
Meridian Holdings Inc., formerly Golden Matrix Group, Inc., announces commencement of trading under new ticker MRDN. Rebranding from Golden Matrix Group to Meridian Holdings with new ticker MRDN signals potential strategic shifts influencing market sentiment and company trajectory.
2 Mar
Institutional confidence in Golden Matrix Group (GMGI) strengthened in Q4 2025. Strengthened institutional confidence indicates major positive shifts in investor sentiment and market dynamics for GMGI.
27 Feb
Expanse Studios announces multi-market European partnership with ESA Gaming to expand Golden Matrix Group (GMGI) offerings across key regulated markets. Multi-market European partnership via Expanse Studios represents a major strategic expansion boosting GMGI's international revenue and competitive positioning.
24 Feb
Golden Matrix Group, Inc. (GMGI) previews earnings by prioritizing solid fundamentals over market hype. Earnings preview emphasizing fundamentals over hype moderately influences financial performance expectations and investor sentiment.
23 Feb
Golden Matrix Group's Expanse Studios portfolio has launched on the licensed Meridianbet.be platform in Belgium, expanding its iGaming content distribution into the regulated Belgian market. Entry into Belgium's regulated market via a key platform strengthens GMGI's European footprint and potential revenue streams without fundamentally transforming its overall trajectory.
17 Feb
Expanse Studios launches the first celebrity-branded slot game ‘VASO Psycho’ featuring MMA icon Vaso Bakocevic. Celebrity-branded slot launch boosts product innovation and competitive appeal but impact is moderated by iGaming market dynamics.