StockData
Meridian Holdings Inc./NV logo

Meridian Holdings Inc./NV (MRDN) stock

MRDNNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 10, 2026Score 5/3053% below fair value
$5.77−0.57 (-8.99%)

Close on Nov 12, 2026Market cap $73.10MP/E –Yield –

Meridian Holdings Inc./NV grew revenue 9.3% to $195.84M over the twelve months to Sep 30, 2026. Free cash flow was $19.17M, up 14.5% from a year earlier. At the latest close the market valued the company at $73.10M.

Revenue
$195.84M
+9.3% vs. a year earlier
Operating income
-$102.68M
TTM Q3 2026
Free cash flow
$19.17M
+14.5% vs. a year earlier
EPS, diluted
-$7.79
TTM Q3 2026

Key statistics

Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026

Valuation

Market cap
$73.10M
P/E ratio
–
Price to sales
0.37
Price to book
2.00
Dividend yield
–
Free cash flow yield
–

Fundamentals

Revenue
$195.84M
Net income
-$97.86M
EPS, diluted
-$7.79
Free cash flow
$19.17M
Book value per share
$2.89
Diluted shares
13M

Trading

Next earnings
Mar 30, 2027 (estimated, before the open)
Previous close
$6.34
Open
$6.44
Day's range
$5.73 – $6.44
Volume
51,951
Average volume (20 days)
42,656
Beta (5 years)
0.48
52-week range
$5.50 – $16.09
RSI (14 days)
16.4
Volatility (1 year)
100.1%
Relative volume
0.85×
WACC
7.8%

Market cap history

Month-end market cap since 2011, using shares outstanding reported at the time

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.

PeriodMRDNS&P 500DifferenceMRDN per yearS&P 500 per year
1 month-48.4%-2.7%−45.7 pts
3 months-58.9%-1.7%−57.2 pts
Year to date-40.0%+11.9%−51.9 pts
1 year-50.4%+12.0%−62.4 pts
3 years-80.1%+78.2%−158.3 pts-41.6%+21.2%
5 years-93.9%+73.2%−167.2 pts-42.9%+11.6%
10 years-97.9%+309.6%−407.5 pts-31.9%+15.1%

Thirteen years at a glance

Fiscal years 2009 to 2025 and trailing twelve months, USD

Revenue

$195.84M+9.3% YoY

Gross profit

$108.31M+6.4% YoY

Operating income

-$102.68M

Net income

-$97.86M

EPS, diluted

-$7.79

Free cash flow

–
Reported periodTrailing twelve months

Press releases

Releases Meridian filed with the SEC as exhibits to Form 8-K or 6-K

All press releases and earnings

About Meridian

Services-Prepackaged Software

Meridian Holdings Inc., formerly Golden Matrix Group, Inc., operates as a gaming and technology company. The company develops, licenses, and operates online gaming and sports betting platforms, digital entertainment services, and competition platforms. Its operations are organized into business segments that include MeridianBet Group, GMAG, and RKings and CFAC. Through these divisions, the company provides business-to-business gaming software and services to commercial operators, as well as business-to-consumer sports betting, gaming, and competition products to individual players.

Company profile, executives and history

Meridian stock: common questions

What is Meridian's stock price?

MRDN closed at $5.77 on Nov 12, 2026, down 8.99% on the day. Over the past 52 weeks it traded between $5.50 and $16.09.

What is Meridian's market cap?

Meridian was worth $73.10M at the close on Nov 12, 2026: the share price times the diluted shares outstanding.

What is MRDN's P/E ratio?

Meridian lost money over the twelve months to Sep 30, 2026 (diluted EPS -$7.79), so it has no meaningful P/E ratio.

How much revenue does Meridian make?

Meridian reported revenue of $195.84M for the twelve months to Sep 30, 2026, up 9.3% from a year earlier.

Does Meridian pay a dividend?

No. Meridian has not paid a cash dividend over the last twelve months.

When does Meridian report earnings next?

Meridian is expected to report Q4 FY2026 results on Mar 30, 2027, before the open. The date is estimated from its past reporting pattern until the company confirms it.

How has MRDN stock performed over the past year?

Including dividends, MRDN returned -50.4% over the past year, against +12.0% for the S&P 500.

Who are Meridian's competitors?

Companies most similar to Meridian by business, industry and size include INSE, GCL, API, XPER, NVNIF.

See a number that looks wrong?