Meridian Holdings Inc. (MRDN) — Financial statements
Income statement, balance sheet, and cash flow for Meridian Holdings Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 183↑21.0% | 151↑242.1% | 44↑22.6% | 36↓40.3% | 60 | |
| Cost of Revenue | 79↑27.0% | 63↑82.3% | 34↑27.7% | 27↑83.8% | 15 | |
| Gross Profit | 103↑16.8% | 89↑797.5% | 10↑7.7% | 9↓80.0% | 46 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00↓100.0% | 0.02 | 0.00 | |
| General & Administrative Expenses | 71↑20.6% | 59↑469.2% | 10↑16.2% | 9↑494.7% | 2 | |
| Selling & Marketing Expenses | 27↑40.3% | 19 | 0.00 | 0.00↓100.0% | 5 | |
| SG&A Expenses | 98↑25.4% | 78↑651.3% | 10↑16.2% | 9↓55.9% | 20 | |
| Other Expenses | 9↑18.5% | 8 | 0.00 | 0.00↓100.0% | 11 | |
| Operating Expenses | 107↑24.8% | 86↑725.7% | 10↑15.9% | 9↓71.5% | 31 | |
| Total Costs & Expenses | 186↑25.7% | 148↑231.9% | 45↑24.7% | 36↓22.2% | 46 | |
| Operating Results | ||||||
| Operating Income | -4↓232.1% | 3↑621.4% | -0.53↓373.4% | 0.19↓98.7% | 14 | |
| Depreciation & Amortization | 15↑40.4% | 11↑2141.8% | 0.48↑15.5% | 0.42↓89.2% | 4 | |
| EBITDA | -77↓599.1% | 16↑363366.0% | 0.00↓99.3% | 0.61↓96.6% | 18 | |
| EBIT | -93↓2058.0% | 5↑1091.5% | -0.48↓347.8% | 0.19↓98.7% | 14 | |
| Interest & Other Income | ||||||
| Net Interest Income | -4↓31.3% | -3↓7505.5% | 0.04 | 0.00↑100.0% | -0.05 | |
| Interest Income | 0.24↑10.3% | 0.22↑282.7% | 0.06↑520.3% | 0.01 | 0.00 | |
| Interest Expense | 5↑30.0% | 4↑28297.5% | 0.01↑34.9% | 0.01↓82.0% | 0.05 | |
| Non-Operating Income | 89↑4580.4% | -2↓3936.5% | -0.05 | 0.00 | 0.00 | |
| Other Income / Expenses | -94↓5994.6% | -2↓4271.4% | 0.04↓86.4% | 0.27↑299.0% | -0.14 | |
| Income Before Tax | -97↓8141.9% | 1↑346.9% | -0.49↓205.7% | 0.46↓96.7% | 14 | |
| Income Tax Expense | -5↓298.8% | 3↑283.2% | 0.68↑63.1% | 0.42↓65.5% | 1 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -92↓6424.3% | -1↓20.2% | -1↓2763.6% | 0.04↓99.7% | 13 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -90↓5973.2% | -1↓26.2% | -1↓2763.6% | 0.04↓99.7% | 13 | |
| Bottom-Line Net Income | -90↓5973.2% | -1↓26.2% | -1↓2763.6% | 0.04↓99.7% | 13 | |
| EPS (Basic) | -7.76↓4874.4% | -0.16↑60.7% | -0.40↓271.9% | -0.11↓124.6% | 0.43 | |
| EPS (Diluted) | -7.76↓4874.4% | -0.16↑60.7% | -0.40↓271.9% | -0.11↓133.2% | 0.32 | |
| Weighted Average Shares | 12↑22.5% | 9↑220.5% | 3↑26.3% | 2↑17.4% | 2 | |
| Weighted Average Diluted Shares | 12↑22.5% | 9↑220.5% | 3↑26.3% | 2↓13.1% | 3 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.