Revenue Breakdown
Composition ()
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Revenue Streams
Meridian Holdings Inc (MRDN) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is MeridianBet Group, accounting for 69.6% of total sales, equivalent to $34.86M. Other significant revenue streams include RKings & CFAC and GMAG. Understanding this composition is critical for investors evaluating how MRDN navigates market cycles within the Online Services industry.
Profitability & Margins
Evaluating the bottom line, Meridian Holdings Inc maintains a gross margin of 56.17%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 6.30%, while the net margin is 4.33%. These profitability ratios, combined with a Return on Equity (ROE) of -111.16%, provide a clear picture of how effectively MRDN converts its operational activities into shareholder value.
Comparative Benchmarking
In the context of the broader market, MRDN competes directly with industry leaders such as GOAI and AMWL. With a market capitalization of $131.38M, it holds a significant position in the sector. When comparing efficiency, MRDN's gross margin of 56.17% stands against GOAI's 100.00% and AMWL's 39.31%. Such benchmarking helps identify whether Meridian Holdings Inc is trading at a premium or discount relative to its financial performance.
