Meridian Holdings (MRDN) Stock Overview
A business-to-business and business-to-consumer gaming technology company, provides casino, sportsbook, and competition products in Central and South America, Europe, and Africa. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
MRDN Community Fair Values
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Analyst Price Targets
Meridian Holdings Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$10.30 |
| 52 Week High | US$23.76 |
| 52 Week Low | US$5.80 |
| Beta | 1.41 |
| 1 Month Change | 69.69% |
| 3 Month Change | 54.77% |
| 1 Year Change | -38.25% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -65.39% |
Recent News & Updates
Regulatory And AI Execution Risks Will Reshape Betting Platform Potential Over Time
Catalysts About Meridian Holdings Meridian Holdings operates regulated online sports betting, casino, B2B iGaming aggregation and digital competition platforms across Europe, Africa and the Americas. What are the underlying business or industry changes driving this perspective?Earnings Beat: Meridian Holdings Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Shareholders will be ecstatic, with their stake up 70% over the past week following Meridian Holdings Inc. 's...Recent updates
Regulatory And AI Execution Risks Will Reshape Betting Platform Potential Over Time
Catalysts About Meridian Holdings Meridian Holdings operates regulated online sports betting, casino, B2B iGaming aggregation and digital competition platforms across Europe, Africa and the Americas. What are the underlying business or industry changes driving this perspective?Earnings Beat: Meridian Holdings Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Shareholders will be ecstatic, with their stake up 70% over the past week following Meridian Holdings Inc. 's...Little Excitement Around Golden Matrix Group, Inc.'s (NASDAQ:GMGI) Revenues As Shares Take 26% Pounding
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Key Insights Golden Matrix Group's estimated fair value is US$1.38 based on 2 Stage Free Cash Flow to Equity Golden...Does Golden Matrix Group (NASDAQ:GMGI) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Returns On Capital Signal Tricky Times Ahead For Golden Matrix Group (NASDAQ:GMGI)
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Key Insights Golden Matrix Group's estimated fair value is US$2.19 based on 2 Stage Free Cash Flow to Equity Current...Shareholder Returns
| MRDN | US Entertainment | US Market | |
|---|---|---|---|
| 7D | -1.9% | 0.8% | -0.3% |
| 1Y | -38.2% | -12.3% | 26.7% |
Return vs Industry: MRDN underperformed the US Entertainment industry which returned -12.3% over the past year.
Return vs Market: MRDN underperformed the US Market which returned 26.7% over the past year.
Price Volatility
| MRDN volatility | |
|---|---|
| MRDN Average Weekly Movement | 19.7% |
| Entertainment Industry Average Movement | 9.1% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.2% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: MRDN's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: MRDN's weekly volatility has increased from 14% to 20% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 1,200 | William Scott | meridian-holdings.com |
Meridian Holdings Inc., a business-to-business and business-to-consumer gaming technology company, provides casino, sportsbook, and competition products in Central and South America, Europe, and Africa. It develops and licenses gaming platforms; and provides online sports betting and gaming operations under various brands, including Meridianbet, Expanse Studios, MexPlay, R Kings Competitions, Classics For A Cause, and GMAG. Meridian Holdings Inc. is based in Las Vegas, Nevada.
Meridian Holdings Inc. Fundamentals Summary
| MRDN fundamental statistics | |
|---|---|
| Market cap | US$135.38m |
| Earnings (TTM) | -US$87.41m |
| Revenue (TTM) | US$190.24m |
Is MRDN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MRDN income statement (TTM) | |
|---|---|
| Revenue | US$190.24m |
| Cost of Revenue | US$82.84m |
| Gross Profit | US$107.40m |
| Other Expenses | US$194.81m |
| Earnings | -US$87.41m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -6.91 |
| Gross Margin | 56.46% |
| Net Profit Margin | -45.94% |
| Debt/Equity Ratio | 25.6% |
How did MRDN perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/21 22:20 |
| End of Day Share Price | 2026/05/21 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Meridian Holdings Inc. is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Egor Tolmachev | Freedom Broker |
| Danial Yermakhan | Freedom Broker |
| Jack Vander Aarde | Maxim Group |