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MRDN Overview

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$
0.000
0.000(0.000%)
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0.000(0.000%)Aft-market
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0.000
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Intellectia

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High
7.000
Open
6.625
VWAP
6.84
Vol
10.21K
Mkt Cap
87.10M
Low
6.625
Amount
69.85K
EV/EBITDA(TTM)
--
Total Shares
12.64M
EV
87.63M
EV/OCF(TTM)
3.46
P/S(TTM)
0.44
Meridian Holdings Inc., formerly Golden Matrix Group, Inc., is a business-to-business (B2B) and business-to-customer (B2C) gaming technology company operating across multiple international markets. The Company operates online sports betting, online casino, and gaming operations in over 15 jurisdictions across Europe, Africa and Central and South America. It is a provider of enterprise software-as-a-service (SaaS) solutions for online casino operators and online sports betting operators, commonly referred to as iGaming operators. It operates through three reportable segments: MeridianBet Group, GMAG, and RKings & CFAC. The B2B division of the Company develops and licenses proprietary gaming platforms for its list of clients and RKings Competitions Ltd. (RKings). The B2C division operates an e-commerce site enabling end users to enter paid-for competitions on its proprietary platform in authorized markets. The Company also owns and operates MEXPLAY, a regulated online casino in Mexico.
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Events Timeline

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News

seekingalpha
9.5
03-31seekingalpha
Golden Matrix Group Reports Disappointing Earnings
  • Disappointing Earnings Report: Golden Matrix Group's FY GAAP EPS of -$7.76 missed expectations by $7.54, indicating significant challenges in profitability that could undermine investor confidence.
  • Lackluster Revenue Growth: Although revenue increased by 21.0% year-over-year to $182.86 million, it fell short of expectations by $3.28 million, reflecting intensified market competition and fluctuations in customer demand.
  • Negative Market Reaction: The failure to meet earnings expectations may lead investors to question the company's future profitability and growth potential, putting pressure on the stock price and affecting its financing capabilities.
  • Need for Strategic Reevaluation: In light of declining financial performance, Golden Matrix Group may need to reassess its market strategy and operational efficiency to adapt to the changing market landscape and restore investor confidence.
Newsfilter
8.5
03-10Newsfilter
Meridian Holdings Completes Corporate Rebranding and Focuses on Financial Performance
  • Rebranding Completed: Meridian Holdings (NASDAQ:MRDN) completed its rebranding and ticker change earlier this month, symbolizing integration with the Meridianbet Group acquired in 2024, which is expected to shift investor focus towards fundamental performance.
  • Strong Financial Metrics: The company reported a 15% year-over-year revenue growth, a 32% increase in adjusted EBITDA, and a return to positive net income, alongside a 37% debt reduction that lowered leverage to approximately 1.2x, indicating a conservative financial structure.
  • Hybrid Operating Model: Meridian operates a dual-structure platform combining B2C international gaming operations led by Meridianbet and B2B technology licensing, which diversifies revenue streams and reduces dependence on a single jurisdiction, enhancing resilience against market fluctuations.
  • Upcoming Earnings Report: With the rebranding complete, market participants are keenly awaiting the upcoming earnings report, focusing on revenue trajectory, adjusted EBITDA consistency, and cash flow dynamics to assess operational performance post-restructuring.
Newsfilter
8.5
03-10Newsfilter
Expanse Studios Secures Baltic Certification for Game Deployment
  • Market Access Certification: Expanse Studios has received certification from Gaming Associates, allowing the commercial deployment of Candy's Bonanza and Leprechaun's Wish on licensed gaming platforms in Estonia and Latvia, further expanding its market share in Europe.
  • Compliance Advantage: This certification enables Expanse Studios to quickly enter regulated markets, meeting the technical standards of the Baltic region, reflecting the company's competitive edge in multi-jurisdictional certification capabilities, which is expected to accelerate its expansion in Europe.
  • Market Potential: According to iGamingToday, Estonia's online gambling market is valued at approximately $452.5 million in 2025, with average revenue per user reaching €150 monthly, indicating strong player engagement and further solidifying Expanse Studios' market positioning.
  • Growth Strategy: CEO Damjan Stamenkovic stated that this certification provides a solid foundation for further growth in Europe, allowing operators to go live more quickly, which embodies the company's long-term value creation strategy in regulated markets.
Globenewswire
5.0
03-04Globenewswire
Expanse Studios Launches Bonus Bet Promotional Feature
  • Innovative Promotional Tool: Expanse Studios' newly launched Bonus Bet feature addresses operator challenges in promotional spend efficiency and customer retention, enhancing operators' competitive edge by improving ROI.
  • Market Demand Response: The low completion rates of traditional casino bonus structures prompted Expanse to develop Bonus Bet, enabling operators to deploy promotional value aligned with specific retention objectives, thereby reducing player friction points and enhancing user experience.
  • Rapid Integration Capability: The feature can be deployed across Expanse's 67-title portfolio, allowing over 1,300 operators to quickly access it without requiring additional development resources, thus accelerating the implementation of differentiated promotional strategies.
  • Enhanced Market Competitiveness: By providing unique promotional mechanics, Expanse Studios not only enhances the operational value of its content portfolio but also creates incremental value opportunities in B2B relationships, further solidifying its competitive position in the gaming industry.
Newsfilter
5.0
03-04Newsfilter
Expanse Studios Launches Bonus Bet Feature to Enhance Operator Retention
  • Innovative Promotional Tool: Expanse Studios' Bonus Bet feature addresses operator challenges in promotional spend efficiency and customer retention, aiming to improve ROI and enhance economic outcomes for operators.
  • Market Demand Response: Industry data indicates low completion rates for traditional casino bonus structures, and Bonus Bet serves as an alternative that deploys promotional value aligned with specific retention objectives, thereby reducing player friction points and enhancing user experience.
  • Rapid Integration Capability: The feature can be deployed across Expanse's 67-title portfolio, allowing over 1,300 operators to integrate quickly without requiring additional development resources, significantly shortening deployment timelines for differentiated promotional strategies.
  • Enhanced Competitive Advantage: By developing proprietary mechanics, Expanse Studios not only provides operators with unique promotional capabilities but also strengthens its competitive positioning among gaming content providers, meeting the growing market demand for feature innovation.
Wall Street analysts forecast MRDN stock price to rise
0 Analyst Rating
Wall Street analysts forecast MRDN stock price to rise
0 Buy
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0 Sell
Current: 0.000
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Valuation Metrics

The current forward P/E ratio for Meridian Holdings Inc (MRDN.O) is 0.00, compared to its 5-year average forward P/E of --. For a more detailed relative valuation and DCF analysis to assess Meridian Holdings Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
Current PE
0.00
Overvalued PE
Undervalued PE

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
Undervalued EV/EBITDA

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
Current PS
0.00
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Undervalued PS

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Frequently Asked Questions

What is Meridian Holdings Inc (MRDN) stock price today?

The current price of MRDN is 6.89 USD — it has decreased -1.15

What is Meridian Holdings Inc (MRDN)'s business?

Meridian Holdings Inc., formerly Golden Matrix Group, Inc., is a business-to-business (B2B) and business-to-customer (B2C) gaming technology company operating across multiple international markets. The Company operates online sports betting, online casino, and gaming operations in over 15 jurisdictions across Europe, Africa and Central and South America. It is a provider of enterprise software-as-a-service (SaaS) solutions for online casino operators and online sports betting operators, commonly referred to as iGaming operators. It operates through three reportable segments: MeridianBet Group, GMAG, and RKings & CFAC. The B2B division of the Company develops and licenses proprietary gaming platforms for its list of clients and RKings Competitions Ltd. (RKings). The B2C division operates an e-commerce site enabling end users to enter paid-for competitions on its proprietary platform in authorized markets. The Company also owns and operates MEXPLAY, a regulated online casino in Mexico.

What is the price predicton of MRDN Stock?

Wall Street analysts forecast MRDN stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for MRDN is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Meridian Holdings Inc (MRDN)'s revenue for the last quarter?

Meridian Holdings Inc revenue for the last quarter amounts to 47.32M USD, increased 15.43

What is Meridian Holdings Inc (MRDN)'s earnings per share (EPS) for the last quarter?

Meridian Holdings Inc. EPS for the last quarter amounts to 0.05 USD, decreased -114.71

How many employees does Meridian Holdings Inc (MRDN). have?

Meridian Holdings Inc (MRDN) has 1200 emplpoyees as of April 05 2026.

What is Meridian Holdings Inc (MRDN) market cap?

Today MRDN has the market capitalization of 87.10M USD.