Meridian Holdings Inc. MRDN R2K

Q: What is the current share price of Meridian Holdings Inc. (MRDN)?

As of 2026-10-23 16:27 PDT, Meridian Holdings Inc. (MRDN) trades at $10.35 on NasdaqCM. Its 52-week range is $6.07 to $16.92.

Q: What is the market capitalisation of MRDN?

Meridian Holdings Inc. (MRDN) has a market capitalisation of $130.95M on NasdaqCM.

Q: What is the P/E ratio of MRDN?

MRDN trades at a trailing price-to-earnings (P/E) ratio of -1.46. The industry average P/E is 18.27. Its price-to-book (P/B) ratio is 3.57.

Q: What is the return on equity (ROE) of MRDN?

MRDN has a return on equity (ROE) of -95.18%.

Q: Is MRDN a good stock to buy?

This page provides a data-driven analysis of Meridian Holdings Inc. (MRDN), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

Consumer Cyclical · Gambling · United States

Financial distress score 35/100 (Watch) — see indicators →

https://meridian-holdings.com

Company Profile ↓

$10.35

-35.63% 1Y

Mkt Cap$130.95M

P/E-1.46

P/B3.57

52W High$16.92

52W Low$6.07

Book Value$3.93

EPS (TTM)$-7.07

Company Overview

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.

Why Investors Should Care

Steady Revenue Expansion

Revenue has grown at a 74.6% CAGR over the past five years.

Conservative Balance Sheet

Carries low leverage with a debt-to-equity ratio of 0.32.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

Dec 2025 Revenue of $182.86M (+21.0% YoY); net profit $-91.98M.
Trailing 12 Months Year-on-year growth — revenue +16.1%.
5-Year Trend Long-term compounding — revenue CAGR 74.6%.

Growth & Price Performance

Compounded Sales Growth

5 Years:	74.55%
1 Year:	16.10%

Stock Price Performance

1 Year:	-35.63%
6 Months:	+59.72%
3 Months:	-24.62%
1 Month:	-21.80%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bearish

52-Week Range 39% of range

$6.07 $16.92

Trend Signals

Price vs 50-DMABelow
Price vs 200-DMABelow
RSI (14)32.52 · Neutral

Price Performance

1M-21.80%

3M-24.62%

6M+59.72%

1Y-35.63%

Auto-generated from price history and fundamentals; not investment advice.

Price Chart

Robinhood TradingView

Fundamental Growth Charts

Period: Metric:

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

Compounding revenue at 74.6% over 5 years.
Generates positive free cash flow.
In a confirmed uptrend (50-DMA above 200-DMA).

CONS

Trading 38.8% below its 52-week high.

* The pros and cons are auto-generated from financial metrics.

Valuation

Stock P/E

-1.46

Industry PE

18.27

Forward P/E

PEG Ratio

Book Value

$3.93

Price to Book

3.57

P/S

0.90

EV/EBITDA

10.71

Dividend Yield

0.00%

Growth (CAGR)

Revenue 5Y

74.55%

Profit 5Y

Revenue (YoY)

16.10%

Earnings (YoY)

Profitability & Returns

ROCE

ROE

-95.18%

ROA

1.40%

Profit Margin

-41.41%

Op Margin

4.86%

Gross Margin

55.72%

EPS (Latest Qtr)

$0.18

EPS (TTM)

$-7.07

Balance Sheet & Liquidity

Debt/Equity

0.32

Quick Ratio

0.49

Current Ratio

0.59

Debt

$16.36M

Total Assets

$111.87M

Current Assets

$30.48M

Working Capital

$-22.78M

Ownership

Promoter Holding

77.91%

Chg in Prom Hold

-0.04%

FII / Inst Holding

5.23%

Chg in FII Hold

-0.02%

Financial Snapshot

Enterprise Value

$130.95M

Total Revenue (TTM)

$197.19M

EBITDA

$16.59M

Free Cash Flow

$5.57M

Operating Cash Flow

$28.20M

Shares Outstanding

12.65M

Gross Margin

55.72%

Payout Ratio

0.00%

Peer comparison

Peer companies in the same sector (Consumer Cyclical).

#	Name	CMP $	P/E	Mkt Cap	Div Yld %	ROCE %	ROE %	Rev CAGR 5Y %	Profit CAGR 5Y %
1	MRDN Meridian Holdings Inc. R2K	10.35	-1.46	$130.95M	0.00%	-	-95.18%	74.55%	-
2	AMZN Amazon.com, Inc. NDXSPXR3KAITECH	248.00	19.95	$2.68T	0.00%	13.33%	30.56%	24.04%	32.72%
3	TSLA Tesla, Inc. NDXSPXR3KAI	372.22	351.15	$1.47T	0.00%	4.10%	4.67%	52.40%	39.39%
4	HD The Home Depot, Inc. SPXR3K	319.83	22.40	$319.09B	3.08%	28.75%	104.30%	4.06%	6.35%
5	BABA Alibaba Group Holding Limited AITECH	99.64	24.13	$247.88B	0.99%	4.16%	6.36%	5.62%	12.49%
6	TM Toyota Motor Corporation	196.79	8.70	$233.04B	3.23%	5.24%	12.40%	10.91%	16.22%
7	MCD McDonald's Corporation SPXR3K	248.46	20.20	$175.82B	2.99%	22.47%	-	0.92%	7.33%
8	TJX The TJX Companies, Inc. SPXR3K	145.06	26.86	$160.25B	1.52%	21.26%	62.17%	6.84%	8.48%
9	BKNG Booking Holdings Inc. NDXSPXR3K	155.83	17.28	$120.75B	1.08%	70.23%	-96.88%	16.93%	22.07%

Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric	Oct 2014	Jan 2015	Apr 2015	Oct 2015	Jan 2016	Apr 2016	Oct 2016	Jan 2017	Apr 2017	Oct 2017	Jan 2018	Apr 2018	Oct 2018	Jan 2019	Apr 2019	Jul 2019	Oct 2019	Jan 2020	Apr 2020	Jul 2020	Oct 2020	Jan 2021	Apr 2021	Jul 2021	Jan 2022	Apr 2022	Jul 2022	Jan 2023	Apr 2023	Jun 2023	Jul 2023	Sep 2023	Jan 2024	Mar 2024	Jun 2024	Sep 2024	Mar 2025	Jun 2025	Sep 2025	Mar 2026
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	633	2.12K	162.77K	287.25K	362.28K	308.51K	203.20K	514.06K	920.70K	1.95M	2.64M	3.25M	8.88M	8.48M	9.10M	10.78M	10.31M	22.58M	11.31M	22.21M	11.84M	24.85M	39.42M	40.99M	42.72M	43.25M	47.32M	50.10M
Gross Profit	0	0	-	0	0	-	-	-	-	30.00K	30.00K	345.15K	569.17K	644.56K	522.32K	1.12M	849.65K	851.72K	703.27K	650.69K	872.42K	996.62K	1.15M	1.21M	2.02M	2.54M	2.48M	2.44M	2.06M	16.54M	2.14M	16.09M	3.38M	17.69M	21.69M	22.40M	24.20M	24.38M	26.39M	28.14M
Operating Income	-63.38K	-828.56K	-246.97K	-251.24K	-642.72K	-658.28K	-57.67K	-121.22K	-32.71K	-65.75K	-77.01K	-19.99K	356.64K	407.14K	293.24K	-	548.83K	443.43K	234.59K	93.36K	41.61K	29.76K	141.47K	510.78K	403.96K	758.53K	729.31K	-328.95K	-490.73K	3.93M	-892.10K	3.23M	279.20K	3.69M	125.11K	-976.38K	-106.02K	-2.30M	-387.62K	3.16M
Net Income	-15.16K	-1.05M	-389.53K	-1.63M	-1.66M	-22.48M	1.26M	169.89K	200.23K	-458.04K	84.48K	-35.25K	332.00K	421.79K	279.32K	736.79K	545.89K	438.80K	229.74K	85.62K	30.56K	52.16K	127.99K	484.61K	413.67K	701.45K	679.65K	-443.52K	-533.75K	3.72M	-965.63K	3.48M	74.50K	3.99M	64.92K	-3.41M	-258.22K	-3.58M	566.01K	2.17M
Diluted EPS	0.00	0.00	-	-	-	-15.12	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.03	0.02	0.00	0.01	0.00	0.00	0.00	0.00	0.01	0.01	0.02	0.02	-0.01	-0.01	0.04	-0.03	0.04	0.00	0.05	0.00	-0.03	-0.02	-0.03	0.00	0.18
R&D Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	18.67K	28.89K	21.22K	68.05K	20.21K	1.20K	570	-	-	-	-	-	-	-	-	-	0	-	-	228.82K

Profit & Loss (Annual)

Figures in USD.

Metric	Jul 2009	Jul 2010	Jul 2011	Jul 2012	Jul 2013	Jul 2014	Jul 2015	Jul 2016	Jul 2017	Jul 2018	Jul 2019	Jan 2021	Oct 2021	Oct 2022	Oct 2023	Dec 2023	Dec 2024	Dec 2025
Revenue	-	-	-	-	-	0	0	20.00K	120.00K	0	452.77K	5.22M	11.29M	36.03M	44.17M	92.99M	151.12M	182.86M
Gross Profit	-	-	-	-	-	0	0	20.00K	70.00K	843.80K	2.86M	3.22M	-	9.16M	9.87M	68.24M	88.57M	103.46M
Operating Income	-	-	-	-227.70K	-163.40K	-518.38K	-2.04M	-5.20M	-250.44K	-990.95K	1.81M	399.32K	-	192.49K	-526.25K	13.76M	2.74M	-96.17M
Net Income	-102.80K	-7.50M	-6.30M	-298.29K	-471.97K	-1.38M	-2.62M	-10.01M	1.80M	-1.32M	1.77M	398.08K	-	44.03K	-1.17M	13.70M	-1.41M	-91.98M
Diluted EPS	-	-	-	-0.01	-0.01	-0.01	-	-45.08	0.00	-0.17	0.06	0.01	-	-0.01	-0.03	0.16	-0.16	-7.76
R&D Expense	-	-	-	-	-	-	-	-	-	0	0	47.56K	-	23.09K	-	-	6.07M	7.10M

Balance Sheet (Annual)

Figures in USD.

Metric	Jul 2008	Jul 2009	Jul 2010	Jul 2011	Jul 2012	Jul 2013	Jul 2014	Jul 2015	Jul 2016	Jul 2017	Jul 2018	Jul 2019	Jan 2020	Jan 2021	Oct 2021	Oct 2022	Dec 2022	Oct 2023	Dec 2023	Dec 2024	Dec 2025
Total Assets	-	-	-	47.59K	102.61K	86.69K	164.88K	148.12K	12.30K	87.67K	819.87K	3.01M	3.71M	13.81M	20.46M	32.57M	-	35.58M	79.85M	213.72M	118.08M
Total Equity	-9.09K	482	-35.24K	-82.16K	-188.52K	-253.07K	-929.63K	-2.82M	-3.98M	-1.54M	-1.34M	1.03M	2.47M	13.26M	18.93M	26.80M	47.06M	31.10M	59.03M	105.07M	46.55M
Cash & Equivalents	-	-	52.15K	47.11K	15.62K	14	636	0	2.30K	25.17K	446.58K	1.73M	1.86M	11.71M	16.80M	14.95M	-	-	-	-	-
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	14.36M	6.59M
Total Liabilities	-	-	-	129.75K	291.13K	339.76K	1.09M	2.97M	3.99M	1.62M	2.16M	1.97M	1.23M	552.61K	1.53M	2.77M	-	4.48M	19.87M	104.77M	69.74M
Current Liabilities	-	-	-	129.75K	291.13K	339.76K	1.09M	2.97M	3.99M	1.62M	2.16M	1.83M	1.23M	552.61K	1.35M	2.72M	-	4.48M	17.57M	63.55M	59.57M

Cash Flows (Annual)

Figures in USD.

Metric	Jul 2011	Jul 2012	Jul 2013	Jul 2014	Jul 2015	Jul 2016	Jul 2017	Jul 2018	Jul 2019	Jan 2021	Oct 2022	Oct 2023	Dec 2023	Dec 2024	Dec 2025
Operating Cash Flow	-250.39K	-224.87K	-256.81K	-612.07K	-2.01M	1.30K	-15.13K	302.72K	1.45M	1.88M	-	2.21M	23.69M	23.92M	25.36M
Investing Cash Flow	-	-6.97K	-	0	0	-	-	0	0	192	-	-95.96K	-13.07M	-37.43M	-22.00M
Financing Cash Flow	250.00K	193.43K	241.35K	612.69K	2.01M	1.00K	38.00K	118.70K	-167.42K	7.97M	-	-32.32K	-4.15M	27.71M	-19.40M
Capital Expenditure	-	1.97K	-	-	-	-	-	-	-	-	-	-65.25K	-13.09M	-21.99M	-13.65M
Free Cash Flow	-	-222.90K	-	-	-	-	-	-	-	-	-	2.14M	10.60M	1.92M	11.71M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-	-	2.08M	6.47M	14.19M	-16.05M
Share Buybacks	-	-	-	-	-	-	-	-	-	-	0	32.32K	-	-	3.00M
Dividends Paid	-	-	-	-	-	-	-	-	-	-	-	-	1.80M	769.53K	144.78K

Ratios (Annual)

Figures in %.

Metric	Jul 2009	Jul 2010	Jul 2011	Jul 2012	Jul 2013	Jul 2014	Jul 2015	Jul 2016	Jul 2017	Jul 2018	Jul 2019	Jan 2021	Oct 2021	Oct 2022	Oct 2023	Dec 2023	Dec 2024	Dec 2025
Gross Margin %	-	-	-	-	-	-	-	100.0%	58.3%	-	631.7%	61.7%	-	25.4%	22.3%	73.4%	58.6%	56.6%
Operating Margin %	-	-	-	-	-	-	-	-25,981.8%	-208.7%	-	400.3%	7.6%	-	0.5%	-1.2%	14.8%	1.8%	-52.6%
Net Margin %	-	-	-	-	-	-	-	-50,031.2%	1,500.9%	-	390.9%	7.6%	-	0.1%	-2.7%	14.7%	-0.9%	-50.3%
ROE %	-21,328.6%	21,270.6%	7,673.7%	158.2%	186.5%	148.5%	92.8%	251.3%	-117.2%	98.3%	171.3%	3.0%	-	0.2%	-3.8%	23.2%	-1.3%	-197.6%
ROCE %	-	-	-	120.8%	64.6%	55.8%	72.3%	130.5%	16.3%	73.9%	153.8%	3.0%	-	0.6%	-1.7%	22.1%	1.8%	-164.4%

Shareholding Pattern

Insiders

77.91%

Institutions

5.23%

Public Float

23.68%

Top Institutional Holders

#	Holder	% Held	Shares	Value
1	Topline Capital Management, LLC	1.47%	186.44K	$2.07M
2	Diametric Capital, Lp	0.97%	123.21K	$1.37M
3	AQR Capital Management, LLC	0.38%	47.93K	$531.50K
4	Vanguard Capital Management LLC	0.35%	43.76K	$485.24K
5	Geode Capital Management, LLC	0.33%	42.08K	$466.61K
6	Great Lakes Advisors LLC	0.25%	31.09K	$344.73K
7	Goldman Sachs Group Inc	0.23%	29.34K	$325.34K
8	Blackrock Inc.	0.21%	27.17K	$301.31K
9	Morgan Stanley	0.18%	22.48K	$249.30K
10	Vanguard Fiduciary Trust Co	0.14%	17.37K	$192.60K

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for MRDN

Google News Wed, 21 Oct 2026

Meridian Holdings (MRDN) Stock Forum and Discussion - Moomoo

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Google News Wed, 04 Mar 2026

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Google News Wed, 21 Oct 2026

MRDN CORRESP & SEC Filings - Yahoo Finance

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Google News hu, 25 Jun 2026

MRDN Forecast — Price Target — Prediction for 2027 - TradingView

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Google News Wed, 14 Oct 2026

A game studio has moved from Swedish license approval to live operations. - Stock Titan

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Google News Wed, 05 Aug 2026

Meridian Holdings: The Market Still Sees The Acquisition, Not The Earnings Engine (MRDN) - Seeking Alpha

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MRDN — Frequently Asked Questions

What is the current share price of Meridian Holdings Inc. (MRDN)?

As of 2026-10-23 16:27 PDT, Meridian Holdings Inc. (MRDN) trades at $10.35 on NasdaqCM. Its 52-week range is $6.07 to $16.92.

What is the market capitalisation of MRDN?

Meridian Holdings Inc. (MRDN) has a market capitalisation of $130.95M on NasdaqCM.

What is the P/E ratio of MRDN?

MRDN trades at a trailing price-to-earnings (P/E) ratio of -1.46. The industry average P/E is 18.27. Its price-to-book (P/B) ratio is 3.57.

What is the return on equity (ROE) of MRDN?

MRDN has a return on equity (ROE) of -95.18%.

Is MRDN a good stock to buy?

This page provides a data-driven analysis of Meridian Holdings Inc. (MRDN), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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Meridian Holdings Inc. MRDN R2K

Company Overview

Why Investors Should Care

Recent Developments

Growth & Price Performance

Compounded Sales Growth

Stock Price Performance

Price Chart

Technical Trend

Fundamental Growth Charts

PROS

CONS

Valuation

Growth (CAGR)

Profitability & Returns

Balance Sheet & Liquidity

Ownership

Financial Snapshot

Peer comparison

Quarterly Results

Profit & Loss (Annual)

Balance Sheet (Annual)

Cash Flows (Annual)

Ratios (Annual)

Shareholding Pattern

Top Institutional Holders

Analyst View

Latest News

Meridian Holdings (MRDN) Stock Forum and Discussion - Moomoo

symbol__ Stock Quote Price and Forecast - CNN

MRDN CORRESP & SEC Filings - Yahoo Finance

MRDN Forecast — Price Target — Prediction for 2027 - TradingView

A game studio has moved from Swedish license approval to live operations. - Stock Titan

Meridian Holdings: The Market Still Sees The Acquisition, Not The Earnings Engine (MRDN) - Seeking Alpha

MRDN — Frequently Asked Questions

What is the current share price of Meridian Holdings Inc. (MRDN)?

What is the market capitalisation of MRDN?

What is the P/E ratio of MRDN?

What is the return on equity (ROE) of MRDN?

Is MRDN a good stock to buy?

Explore More