Meridian Holdings Inc./NV (MRDN) FY2024 10-K Annual Report
Meridian Holdings Inc./NV (MRDN) 10-K annual report for fiscal year 2024, filed with SEC EDGAR on Mar 24, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.
Meridian Holdings Inc./NV FY2024 10-K Analysis
Business Overview
- • Core business model: Global investment holdings with active minority interests in Meridian Worldwide CY and Meridian Gaming Peru
- • New strategic appointments: Board expanded to six members; new CFO Rich Christensen appointed replacing Cathy Feng as board member
Risk Factors
- • Regulatory risk: accrued tax expenses $1,468,472 in Greece, per NOTE 21 - COMMITMENTS AND CONTINGENCIES
- • Macroeconomic risk: foreign exchange loss $494,825 due to USD appreciation vs AUD and MXN, affecting intercompany balances
Meridian Holdings Inc./NV FY2024 Key Financial MetricsXBRL
Revenue
$151M
▲ +62.5% YoY
Net Income
-$1M
▼ -110.8% YoY
Gross Margin
58.6%
▼ -1477bp YoY
Operating Margin
1.8%
▼ -1298bp YoY
Net Margin
-1.0%
▼ -1571bp YoY
ROE
-1.4%
▼ -2462bp YoY
Total Assets
$214M
▲ +167.6% YoY
EPS (Diluted)
$-0.01
▼ -106.3% YoY
Operating Cash Flow
$24M
▲ +1.0% YoY
Source: XBRL data from Meridian Holdings Inc./NV FY2024 10-K filing on SEC EDGAR. All figures in USD.
Get deeper insights on Meridian Holdings Inc./NV
Access full AI analysis, insider trading data, fund holdings, and cross-signal detection on SignalX.