Every 10-Q that Meridian Holdings Inc. (MRDN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow MRDN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MRDN filings page.
Meridian Holdings Inc. reported markedly better results for the six months ended June 30, 2026. Revenue was $100,297,869, up from $85,968,421 in the prior-year period, and net income attributable to MRDN was $4,425,845 compared with a loss of $3,815,953. For Q2 2026, revenue totaled $50,193,999 and net income attributable to MRDN was $2,165,050.
Gross profit for the first half rose to $54,999,160 while selling, general and administrative expenses were $49,402,101, supporting operating income of $5,597,059 versus an operating loss a year earlier. Net cash provided by operating activities was $12,954,795, funding $4,182,414 of investing and $7,932,294 of financing outflows, with cash ending at $17,318,751. Total assets were $115,125,515, total liabilities $63,880,636 and total equity $51,244,879, reflecting the enlarged scale after the MeridianBet Acquisition and additional acquisitions in Australia and Malta.
Meridian Holdings Inc. reported a strong turnaround for the quarter ended March 31, 2026. Revenue rose to $50,103,870 from $42,723,053 a year earlier, lifting gross profit to $28,144,240.
The company generated net income attributable to Meridian of $2,260,795, compared with a prior-year loss of $(231,608), equal to basic and diluted earnings of $0.18 per share versus a loss of $(0.02) per share. Operating cash flow was a positive $5,155,437, although cash and cash equivalents declined to $16,234,441 from $18,078,300 at year-end.
Total assets were $111,867,270 and total liabilities $61,436,870, leaving total equity of $50,430,400. The quarter reflects ongoing integration of recent acquisitions, including the MeridianBet Group, Classics Holdings and Fair Bet, and follows a 1-for-12 reverse stock split and corporate name change to Meridian Holdings Inc.
Golden Matrix Group (GMGI) reported higher Q3 results following the MeridianBet reverse merger accounting. Revenue for the quarter was $47,316,308, up from $40,992,329 a year ago, with gross profit of $26,386,423. Operating loss narrowed to $387,621, and net income attributable to GMGI was $566,014 (diluted EPS $0.00). Year-to-date, revenue reached $133,284,729 with a net loss attributable to GMGI of $3,249,939.
The balance sheet showed cash of $22,042,638, total assets of $209,775,592, total liabilities of $82,680,497, and total equity of $127,095,095 as of September 30, 2025. Operating cash flow for the nine months was strong at $17,149,595, offset by $15,106,190 used in investing and $17,124,592 used in financing. Shares outstanding were 140,660,454 as of September 30, 2025; 141,237,872 were outstanding as of October 30, 2025.
The company highlighted the April 2024 MeridianBet acquisition, accounted for as a reverse merger, and contributions from Classics for a Cause, which delivered $2,292,529 in Q3 revenue and $132,045 in net income attributable to GMGI.
Golden Matrix Group, Inc. (GMGI) reported mixed second-quarter results driven by post-acquisition scale. Revenue for the three months ended June 30, 2025 increased to $43,245,368 from $39,415,242 a year earlier, and six‑month revenue rose to $85,968,421 from $64,265,829, reflecting contribution from acquisitions and organic growth. Gross profit grew to $24,377,019 in Q2 2025 versus $21,685,542 in Q2 2024.
Despite higher revenue, operating expenses climbed and the company recorded an operating loss of $2,304,850 in Q2 2025 versus operating income of $125,112 in Q2 2024. Net loss attributable to GMGI was $(3,584,345) for Q2 2025 and $(3,815,953) for the six months, versus small profit comparatives in 2024. Cash and cash equivalents declined to $22,136,319 from $30,125,944 at year-end, while total equity increased to $124,982,523. Significant intangible assets and goodwill (goodwill & intangibles net $129,020,486) and elevated amortization ($4,618,020 for six months) materially affect profitability following the Meridian and other acquisitions.