Meridian Corporation (MRBK)

Meridian Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	92.9	94.09	109.36	150.03	127.61	68.33
Revenue Growth (YoY)	-10.47%	-13.96%	-27.10%	17.57%	86.76%	7.71%
Gross Profit	92.9	94.09	109.36	150.03	127.61	68.33
Selling, General & Admin	55.34	55.95	63.55	87.13	81.2	42.77
Other Operating Expenses	22.17	21.18	17.89	16.6	11.87	12.05
Operating Expenses	77.51	77.13	81.44	103.73	93.08	54.81
Operating Income	15.39	16.97	27.92	46.3	34.54	13.51
Pretax Income	15.39	16.97	27.92	46.3	34.54	13.51
Income Tax	3.5	3.72	6.09	10.72	8.1	3.03
Net Income	11.9	13.24	21.83	35.59	26.44	10.48
Net Income Growth	-41.45%	-39.33%	-38.66%	34.60%	152.25%	28.40%
Shares Outstanding (Basic)	11	11	12	12	12	13
Shares Outstanding (Diluted)	11	11	12	12	-	-
Shares Change	-3.90%	-6.69%	-1.68%	1.20%	-4.26%	-0.02%
EPS (Basic)	1.07	1.19	1.85	2.96	2.16	0.82
EPS (Diluted)	1.05	1.16	1.79	2.87	2.13	0.81
EPS Growth	-37.87%	-35.20%	-37.63%	34.43%	161.96%	28.35%
Free Cash Flow	25.1	17.03	81.76	159.75	-159.21	20.82
Free Cash Flow Per Share	2.26	1.53	6.93	13.27	-12.98	1.63
Dividend Per Share	0.500	0.500	0.900	0.787	0.125	-
Dividend Growth	17.65%	-44.44%	14.36%	529.60%	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	16.57%	18.03%	25.53%	30.86%	27.06%	19.78%
Profit Margin	12.81%	14.07%	19.96%	23.72%	20.72%	15.34%
Free Cash Flow Margin	27.02%	18.10%	74.76%	106.48%	-124.76%	30.48%
Effective Tax Rate	22.71%	21.95%	21.82%	23.15%	23.45%	22.44%
EBITDA	17.61	17.4	26.51	40.38	31.65	14.18
EBITDA Margin	18.95%	18.49%	24.24%	26.91%	24.80%	20.75%
Depreciation & Amortization	2.21	0.43	-1.41	-5.92	-2.89	0.66
EBIT	15.39	16.97	27.92	46.3	34.54	13.51
EBIT Margin	16.57%	18.03%	25.53%	30.86%	27.06%	19.78%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).