MRDN

Meridian Holdings Inc
NASDAQCONSUMER CYCLICALGAMBLING

Key Statistics

Market Cap
$181.31M
P/E Ratio
EPS
$-7.11
Beta
1.44
52W High
$18.84
52W Low
$5.80
50-Day MA
$13.48
200-Day MA
$10.20
Dividend Yield
Profit Margin
-41.40%
Forward P/E
21.64
PEG Ratio

About Meridian Holdings Inc

Attis Industries, Inc., provides non-hazardous solid waste collection, transfer, and disposal services. The company is headquartered in Atlanta, Georgia.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$197.19M
Gross Profit (TTM)$109.88M
EBITDA$16.59M
Operating Margin4.86%
Return on Equity-95.20%
Return on Assets1.40%
Revenue/Share (TTM)$16.04
Book Value$3.93
Price-to-Book3.64
Price-to-Sales (TTM)0.92
EV/Revenue0.911
EV/EBITDA6.12
Quarterly Earnings Growth (YoY)0.00%
Quarterly Revenue Growth (YoY)16.10%
Shares Outstanding$12.65M
Float$2.21M
% Insiders79.96%
% Institutions5.28%

Historical Volatility

HV 10-Day
63.60%
HV 20-Day
137.53%
HV 30-Day
114.85%
HV 60-Day
96.14%
HV Rank
73.4%

Volatility is currently contracting

Analyst Ratings

Consensus ($19.73 target)
1
Strong Buy
1
Buy

Latest News

Meridian Holdings: The Market Still Sees The Acquisition, Not The Earnings Engine

Meridian Holdings has transitioned from an acquisition-driven story to a profitable, earnings-focused operation, with two consecutive quarters of profitability. MRDN's core Meridianbet segment is expanding faster than the online gambling market, driving strong revenue growth, improved operating leverage, and reduced interest expense. Despite a working capital deficiency and pending acquisition payments, MRDN's cost structure and free cash flow have enabled significant debt reduction and margin expansion.

Seeking Alpha8/5/2026Positive
Meridian Q2 Earnings Call Highlights

Meridian NASDAQ: MRDN reported second-quarter revenue growth, a second consecutive quarter of GAAP profitability and continued debt reduction, while management said sportsbook margins were pressured by bettor-friendly World Cup results.

MarketBeat7/29/2026Positive
UFC Names Meridianbet Official Partner of Fight Night Belgrade

First UFC Event Ever to Be Held in Serbia, Scheduled for August 1, 2026 at Belgrade Arena Meridianbet Leads the B2C Division of Meridian Holdings Inc. (NASDAQ: MRDN) BELGRADE, Serbia, July 17, 2026 (GLOBE NEWSWIRE) -- Meridian Holdings Inc. (NASDAQ: MRDN) (the “Company”) today announced that the Company's subsidiary Meridianbet has been named Official Partner of UFC Fight Night Serbia, a mixed-martial-arts event produced by the Ultimate Fighting Championship (UFC), scheduled for August 1, 2026 at Belgrade Arena in Belgrade, Serbia. The event will be the first UFC has ever held in Serbia, where Meridianbet will be its exclusive sponsor in the sports-betting category.

GlobeNewsWire7/17/2026Neutral
Meridian Holdings Subsidiary Expanse Studios Signs Content Distribution Agreement with Flutter Subsidiary MaxBet for Serbian Market

LAS VEGAS, June 02, 2026 (GLOBE NEWSWIRE) -- Meridian Holdings Inc. (NASDAQ: MRDN) (“Meridian” or the “Company”), a global operator and technology provider in online sports betting and iGaming markets, today announced that the Company's subsidiary, Expanse Studios, a leading B2B iGaming content provider, has signed a strategic distribution agreement with MaxBet, one of Serbia's leading omni-channel gaming operators and a subsidiary of Flutter Entertainment plc (NYSE: FLUT; LSE: FLTR). The agreement will enable Expanse to further expand the reach of its proprietary gaming portfolio across the Serbian market By integrating with MaxBet's established infrastructure, Expanse Studios gains expanded distribution through one of the region's dominant operators.

GlobeNewsWire6/2/2026Neutral
Expanse Studios Secures Colombia Market Certification

LAS VEGAS, May 25, 2026 (GLOBE NEWSWIRE) -- Expanse Studios, a subsidiary of Meridian Holdings Inc. (NASDAQ: MRDN), today announced regulatory certification enabling commercial deployment across Colombia's online gambling market. Gaming Associates, a UKAS-accredited testing laboratory (accreditation number 9263), certified Gates of Olympia, Candy's Bonanza, and Leprechaun's Wish as compliant with technical standards established by Colombian regulatory authorities.

GlobeNewsWire5/25/2026Neutral

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Data last updated: 8/18/2026