Meridian Holdings Inc. (MRDN)
Full history for every metric is available with a Kvantra account
No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 5 | 60 | 36 | 93 | 151 | 183 | 197 | 205 |
| Operating profit | $m | -4 | 4 | ||||||
| Net profit | $m | 0 | 13 | -0 | 14 | -1 | -90 | -82 | 8 |
| EPS reported | $ | -7.76 | -6.45 | ||||||
| Operating cashflow per share | $ | 2.19 | 2.23 | ||||||
| Capex per share | $ | 1.18 | 0.03 | ||||||
| FCF per share | $ | 1.01 | 2.20 | ||||||
| Free cash flow | $m | 12 | 28 | ||||||
| Net debt | $m | -1 | -7 | ||||||
| Book value equity | $m | 47 | 50 | ||||||
| Book value per share | $ | 4.02 | 3.90 | ||||||
| Number of shares | m | 11.59 | 12.76 | ||||||
| DPS (TTM paid) | $ | 0.01 | 0.01 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | - | - | ||||||
| P/B LTM | x | 2.39 | 2.24 | ||||||
| P/S LTM | x | 0.61 | 0.56 | ||||||
| P/FCF LTM | x | 9.51 | 4.00 | ||||||
| EV/EBITDA LTM | x | -1.51 | -1.61 | ||||||
| EV/Sales LTM | x | 0.64 | 0.91 | ||||||
| Earnings Yield LTM | % | -80.72% | -45.12% | ||||||
| FCF Yield | % | +10.51% | +25.00% | ||||||
| Quality | |||||||||
| ROE | % | -193.14% | -121.62% | ||||||
| ROIC | % | -4.78% | +6.17% | ||||||
| Operating margin | % | -1.98% | +2.22% | ||||||
| Gross margin | % | +56.58% | +55.72% | ||||||
| FCF/Sales | % | +6.40% | +14.12% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | - | - | ||||||
| Sales Growth YoY | % | +21.01% | +30.49% | ||||||
| Net Income Growth YoY | % | - | - | ||||||
| FCF Growth | % | +508.41% | +1347.01% | ||||||
| Operating Profit Growth | % | - | +6.86% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +0.13% | 0.00% | ||||||
| Dividend Growth | % | -84.64% | -86.05% | ||||||
| Payout Ratio | % | -0.16% | -0.18% | ||||||
| FCF/Debt | x | 0.50 | 1.70 | ||||||
| Net Debt/EBITDA | x | -0.07 | 0.01 | ||||||
| EBIT/Net interest | x | -0.79 | 1.92 | ||||||
| Net debt/market cap | % | +15.42% | +5.66% | ||||||
| Net debt/Equity | x | -0.03 | -0.14 | ||||||
| Gross debt/equity | x | 0.50 | 0.33 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
Meridian Holdings Inc. specializes in providing a diverse array of offerings within the casino, sportsbook, and competitive gaming industries. The company operates under several key brands, including R Kings Competitions, MexPlay, and GM-AG. Its operational structure is divided into two distinct divisions: Business-to-Business (B2B) and Business-to-Consumer (B2C). Through its B2B segment, Meridian generates income from software licensing fees and collects royalties derived from the utilization of third-party gaming content. Meanwhile, the B2C division primarily earns revenue by charging participants for entry into various prize competitions across the United Kingdom. This enterprise was established on June 4, 2008, by co-founders Weiting Feng and Anthony Brian Goodman, and its corporate headquarters are located in Las Vegas, Nevada.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Meridian Holdings Inc. (MRDN)
No price history available.
Not enough data to calculate KvantraRank
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
Meridian Holdings Inc. specializes in providing a diverse array of offerings within the casino, sportsbook, and competitive gaming industries. The company operates under several key brands, including R Kings Competitions, MexPlay, and GM-AG. Its operational structure is divided into two distinct divisions: Business-to-Business (B2B) and Business-to-Consumer (B2C). Through its B2B segment, Meridian generates income from software licensing fees and collects royalties derived from the utilization of third-party gaming content. Meanwhile, the B2C division primarily earns revenue by charging participants for entry into various prize competitions across the United Kingdom. This enterprise was established on June 4, 2008, by co-founders Weiting Feng and Anthony Brian Goodman, and its corporate headquarters are located in Las Vegas, Nevada.
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