Saturday 17 October 2026
Export MRDN’s income statement to Excel — free account
Meridian Holdings, Inc.
MRDN Consumer Cyclical Gambling
In the quarter to June 2026, revenue grew 16.1%, EPS grew 147.2%, free cash flow grew 260.3% and total debt fell 54.6%, each against the same quarter a year earlier. Revenue growth for five consecutive years; insiders bought in the last twelve months.
11.09
0.27
−2.38%
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| Dec '25 | Dec '24 | Dec '23 | Oct '23 | Oct '22 | Oct '21 | Jan '21 | Oct '20 | Jan '20 | Jul '19 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
4 | — | — | 3 | — | — | — | — | — | — |
P/E ratio |
0.00 | 0.00 | 140.80 | 41.19 | 42.34 | 257.12 | 253.04 | 312.31 | 25.68 | 2,571.43 |
P/S ratio |
0.61 | 1.37 | 2.13 | 19.07 | 23.35 | 233.39 | 21.41 | 27.88 | 648.65 | 5.92 |
Altman Z-Score |
(0.82) | 2.31 | 8.99 | 12.84 | 15.83 | 70.19 | 109.32 | 639.62 | 1,030.12 | (3.76) |
Altman Z″-Score (non-manufacturers) |
(7.00) | 1.48 | 7.52 | 8.21 | 12.18 | 15.33 | 25.77 | (6.01) | (14.15) | (21.50) |
P/FCF ratio |
9.51 | 41.29 | 11.18 | 84.45 | 351.54 | 1,713.72 | 125.45 | 64.30 | 1,231.39 | 20.15 |
Beneish M-Score |
(7.41) | (2.04) | — | (2.82) | 23.43 | — | — | — | — | — |
P/Operating CF |
13.57 | 13.54 | 8.89 | 940.61 | 7,572.10 | (11,857.99) | 1,415.53 | 282.00 | 2,161.89 | 55.84 |
Dividend Safety Score |
45 | — | — | — | — | — | — | — | — | — |
P/B ratio |
2.30 | 2.06 | 3.35 | 34.71 | 28.23 | 115.08 | 8.43 | 19.76 | 862.50 | 16.52 |
Price to Tangible BV |
8.30 | 0.00 | 4.48 | 58.43 | 50.26 | 115.91 | 10.65 | 37.46 | 0.00 | 0.00 |
EV/Sales |
0.60 | 1.38 | 1.91 | 18.77 | 22.93 | 231.61 | 19.20 | 26.72 | 648.13 | 5.68 |
EV/EBITDA |
0.00 | 8.53 | 10.38 | 630.39 | 1,377.35 | 2,770.74 | 251.11 | 92.51 | 860.32 | 8.75 |
EV/Operating CF |
4.36 | 7.98 | 4.67 | 41.17 | 298.19 | 1,700.68 | 112.51 | 61.61 | 1,230.42 | 19.33 |
EV/FCF |
9.43 | 41.57 | 10.05 | 83.11 | 345.33 | 1,700.68 | 112.51 | 61.61 | 1,230.42 | 19.33 |
Quick Ratio |
0.45 | 0.59 | 1.39 | 4.70 | 6.65 | 14.78 | 24.26 | 3.01 | 3.01 | 1.65 |
Current Ratio |
0.59 | 0.71 | 1.53 | 5.10 | 7.10 | 14.86 | 25.00 | 3.01 | 3.01 | 1.65 |
Net Debt/EBITDA |
0.01 | 0.11 | (1.06) | 382.01 | (24.75) | (20.99) | (29.32) | (0.60) | (1.23) | (0.38) |
Debt/Assets |
14.54% | 14.81% | 0.00% | 0.00% | 0.48% | 1.38% | 0.00% | 5.78% | 4.70% | 34.39% |
Debt/Equity |
0.36 | 0.29 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.09 | 0.07 | 1.00 |
Asset Turnover |
1.10 | 1.03 | 1.61 | 1.30 | 1.36 | 0.54 | 0.60 | 0.95 | 0.52 | 1.51 |
Operating CF/Net income |
(0.28) | (16.16) | 1.73 | (1.88) | (11.09) | 1.96 | 4.72 | 0.51 | 1.02 | 0.82 |
Capex/Depreciation |
(0.90) | (2.04) | (2.42) | (0.14) | (0.93) | (3.00) | — | — | 0.00 | 0.00 |
Interest Coverage |
(21.00) | 0.78 | 380.09 | (42.44) | 20.92 | 2,503.00 | 33.55 | 146.54 | 37.19 | 39.92 |
| (114.31%) | (1.75%) | 30.09% | (3.85%) | (1.03%) | 4.03% | 5.06% | 78.18% | 55.14% | (1,149.29%) | |
| (54.19%) | (1.01%) | 23.74% | (3.44%) | (0.94%) | 3.78% | 4.54% | 52.16% | 28.81% | 92.54% | |
ROIC |
(126.72%) | 1.55% | 21.73% | (2.36%) | 0.80% | 19.96% | 16.04% | 0.00% | 76.98% | 337.31% |
Return on Tangible Assets |
(1,859.24%) | (16.54%) | 36.85% | (6.37%) | (1.50%) | 3.42% | 3.00% | 78.18% | 39.09% | 150.20% |
Average Days of Receivables |
17.99 | 18.02 | 15.98 | 32.08 | 30.94 | 120.04 | 118.60 | 192.01 | 384.01 | 161.34 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.60% | 0.91% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
109.17% | 56.80% | 58.59% | 23.53% | 24.89% | 25.53% | 53.15% | 19.05% | 18.43% | 30.51% |
Intangible Assets out of Total Assets |
0.30 | 0.60 | 0.19 | 0.35 | 0.40 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
Share Based Compensation of Revenue |
2.24% | 3.12% | 0.00% | 5.55% | 7.40% | 10.37% | 37.49% | 0.00% | 3.25% | 12.14% |
Graham Net Nets |
(0.31) | (0.27) | 0.04 | 0.02 | 0.02 | 0.01 | 0.12 | 0.05 | 0.00 | 0.06 |
Graham Number |
0.00 | 0.00 | 6.31 | 3.82 | 4.12 | 2.51 | 6.41 | 4.14 | 0.29 | 0.00 |
Earnings Yield |
(77.77%) | (0.14%) | 0.71% | 2.43% | 2.36% | 0.39% | 0.40% | 0.32% | 3.89% | 0.04% |
Free Cash Flow Yield |
10.51% | 2.42% | 8.95% | 1.18% | 0.28% | 0.06% | 0.80% | 1.56% | 0.08% | 4.96% |
Revenue per Share |
15.78 | 15.98 | 13.37 | 14.97 | 15.43 | 4.69 | 3.14 | 0.19 | 0.01 | 1.84 |
Operating CF per Share |
2.19 | 2.53 | 3.41 | 0.75 | 1.19 | 0.64 | 1.13 | 0.05 | 0.00 | 0.93 |
Capex per Share |
(1.18) | (2.32) | (1.88) | (0.02) | (0.16) | (0.06) | 0.00 | 0.00 | 0.00 | 0.00 |
Free Cash Flow per Share |
1.01 | 0.20 | 1.52 | 0.73 | 1.02 | 0.58 | 1.13 | 0.05 | 0.00 | 0.93 |
Cash per Share |
1.56 | 3.18 | 2.93 | 5.81 | 6.42 | 8.47 | 7.04 | 0.10 | 0.01 | 1.11 |
Shareholders Equity per Share |
4.17 | 11.52 | 8.63 | 10.54 | 12.76 | 9.51 | 7.98 | 0.13 | 0.01 | 0.66 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
4.17 | 11.52 | 8.63 | 10.54 | 12.76 | 9.51 | 7.98 | 0.13 | 0.01 | 0.66 |
Free Cash Flow |
11.71 | 1.92 | 10.60 | 2.14 | 2.39 | 1.16 | 1.88 | 0.99 | 0.99 | 1.45 |
Working Capital |
(24.13) | (18.48) | 9.36 | 18.37 | 16.57 | 18.69 | 13.26 | 2.47 | 2.47 | 1.18 |
Capital Expenditures |
(13.65) | (21.99) | (13.09) | (0.07) | (0.38) | (0.12) | — | — | — | — |
Net Current Asset Value |
(34.30) | (59.70) | 7.06 | 18.37 | 16.51 | 18.51 | 13.26 | 2.47 | 2.47 | 1.03 |
EV/EBIT |
0.00 | 82.47 | 9.52 | 142.61 | 4,293.05 | 2,878.86 | 251.11 | 136.33 | 1,044.47 | 9.03 |
Capex to Sales |
0.07 | 0.15 | 0.14 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
Price to Operating Income |
0.00 | 14.27 | 12.91 | 0.00 | 4,370.18 | 2,900.93 | 279.99 | 142.28 | 1,026.43 | 9.23 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.52 | 0.39 | 0.19 | 10.37 | 5.63 | 0.14 | — | — | 0.00 | 0.00 |
Cash ROIC |
14.01% | 1.13% | 13.18% | 4.44% | 5.32% | 3.20% | 7.52% | 21.71% | 21.91% | 38.23% |
Accounts Receivable Turnover |
22.20 | 26.20 | 23.38 | 12.74 | 11.77 | 3.92 | 2.94 | 1.90 | 1.13 | 3.50 |
Accounts Payable Turnover |
4.70 | 5.16 | 3.50 | 16.12 | 20.87 | 8.25 | 4.11 | 0.17 | 0.09 | 0.05 |
Inventory Turnover |
16.78 | 30.72 | 26.78 | 23.97 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
95.92 | 75.47 | 166.62 | 30.44 | 18.96 | 71.17 | 52.45 | 2,189.68 | 4,379.36 | 9,417.00 |
Days of Inventory on Hand |
25.39 | 22.98 | 1.97 | 18.24 | 15.59 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
8.24 | 5.77 | 3.98 | 3.47 | 3.06 | 2.38 | 1.77 | 1.85 | 1.56 | 0.82 |
Average Payables |
16.90 | 12.12 | 7.08 | 2.13 | 1.29 | 0.73 | 0.49 | 0.69 | 0.63 | 0.48 |
Average Inventory |
4.73 | 2.04 | 0.92 | 1.43 | — | — | — | — | — | — |
Average Assets |
165.90 | 146.79 | 57.72 | 34.08 | 26.52 | 17.14 | 8.76 | 3.71 | 3.36 | 1.91 |
Average Common Equity |
78.64 | 84.47 | 45.55 | 30.45 | 24.36 | 16.10 | 7.87 | 2.47 | 1.75 | (0.15) |
Columns are period end dates