Meridian Holdings Inc. (MRDN)

Meridian Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	179.14	151.12	92.99	74.93	60.37
Revenue Growth (YoY)	37.24%	62.50%	24.11%	24.12%	-
Cost of Revenue	77.39	62.54	24.75	19.41	14.62
Gross Profit	101.75	88.57	68.24	55.52	45.75
Selling, General & Admin	95.4	79.45	52.59	25.23	19.98
Amortization of Goodwill & Intangibles	9.25	6.37	1.9	-	-
Other Operating Expenses	-	-	-	13.8	11.16
Operating Expenses	104.65	85.83	54.48	39.54	31.45
Operating Income	-2.9	2.74	13.76	15.97	14.3
Interest Expense	-6.16	-3.52	-0.04	-0.04	-0.07
Interest & Investment Income	0.18	0.22	0.1	0.03	0.02
Currency Exchange Gain (Loss)	1.03	-0.49	0.07	0.07	-0.04
Other Non Operating Income (Expenses)	2.5	2.26	1.57	1.05	0.97
EBT Excluding Unusual Items	-5.35	1.21	15.47	17.09	15.18
Other Unusual Items	-	-	-	-	-1.02
Pretax Income	-5.35	1.21	15.47	17.09	14.16
Income Tax Expense	0.3	2.62	1.57	1.11	1.21
Earnings From Continuing Operations	-5.66	-1.41	13.89	15.98	12.95
Minority Interest in Earnings	0.27	-0.07	-0.19	-0.19	-0.08
Net Income	-5.38	-1.48	13.7	15.78	12.87
Net Income to Common	-5.38	-1.48	13.7	15.78	12.87
Net Income Growth	-	-	-13.19%	22.65%	-
Shares Outstanding (Basic)	11	9	7	-	-
Shares Outstanding (Diluted)	11	9	7	-	-
Shares Change (YoY)	25.52%	35.98%	-	-	-
EPS (Basic)	-0.48	-0.16	1.97	-	-
EPS (Diluted)	-0.48	-0.16	1.92	-	-
Free Cash Flow	26.14	16.75	17.95	16.34	13.28
Free Cash Flow Per Share	2.33	1.77	2.58	-	-
Gross Margin	56.80%	58.61%	73.39%	74.09%	75.79%
Operating Margin	-1.62%	1.82%	14.80%	21.32%	23.69%
Profit Margin	-3.00%	-0.98%	14.74%	21.07%	21.32%
Free Cash Flow Margin	14.59%	11.09%	19.30%	21.80%	22.00%
EBITDA	11.79	13.53	19.18	20.58	18.16
EBITDA Margin	6.58%	8.96%	20.62%	27.46%	30.09%
D&A For EBITDA	14.69	10.79	5.42	4.6	3.86
EBIT	-2.9	2.74	13.76	15.97	14.3
EBIT Margin	-1.62%	1.82%	14.80%	21.32%	23.69%
Effective Tax Rate	-	216.66%	10.16%	6.52%	8.58%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.