Meridian (MRDN)
Operates MeridianBet sportsbooks, online casinos, B2B gaming platforms, and prize-promotion brands.
$13.38
vs last close−0.27 (−1.98%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Oct 2023 | Q4 FY23Jan 2024 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12 | 12 | 32 | 39 | 41 | 46 | 43 | 43 | 47 | 50 | 50 | 50 |
| Cost of revenue | 9 | 8 | 12 | 18 | 19 | 19 | 19 | 19 | 21 | 21 | 22 | 23 |
| Gross profit | 3 | 3 | 20 | 22 | 22 | 27 | 24 | 24 | 26 | 28 | 28 | 27 |
| 2 | 3 | 18 | 22 | 23 | 27 | 24 | 27 | 27 | 29 | 25 | 24 | |
| 2 | 3 | 14 | 22 | 23 | 19 | 24 | 27 | 27 | 20 | 25 | 24 | |
| Selling & marketing | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 2 | 3 | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other expenses | 0 | 0 | 4 | 0 | 0 | 8 | 0 | 0 | 0 | 9 | 0 | 0 |
| Operating income | 1 | 0 | 2 | 0 | −1 | 0 | 0 | −2 | 0 | −1 | 3 | 2 |
| 0 | 0 | 0 | 0 | 0 | −2 | 0 | −1 | 1 | −93 | 0 | 0 | |
| Interest income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest expense | 0 | 0 | 0 | 0 | 1 | 3 | 1 | 1 | 1 | 1 | 0 | 0 |
| Other non-operating income | 0 | 0 | 0 | 0 | 0 | −1 | −1 | −1 | −2 | 92 | 0 | 0 |
| Income before tax | 1 | 0 | 2 | 1 | −1 | −2 | −1 | −3 | 1 | −94 | 3 | 3 |
| Income tax expense | 0 | 0 | 0 | 1 | 2 | 0 | 0 | 0 | 0 | −6 | 1 | 1 |
| Net income from continuing operations | 1 | 0 | 2 | 0 | −3 | −2 | 0 | −4 | 0 | −88 | 2 | 2 |
| Net income | 1 | 0 | 2 | 0 | −3 | −2 | 0 | −4 | 1 | −87 | 2 | 2 |
| EPS, basic | $0.26 | $0.02 | $0.57 | $0.01 | −$0.34 | −$0.20 | −$0.02 | −$0.31 | $0.05 | −$6.85 | $0.18 | $0.17 |
| EPS, diluted | $0.26 | $0.02 | $0.57 | $0.01 | −$0.34 | −$0.20 | −$0.02 | −$0.31 | $0.05 | −$6.85 | $0.18 | $0.17 |
| Weighted average shares, basic | 3 | 3 | 7 | 10 | 10 | 11 | 11 | 11 | 12 | 13 | 13 | 13 |
| Weighted average shares, diluted | 3 | 3 | 7 | 11 | 10 | 11 | 11 | 11 | 12 | 13 | 13 | 13 |
| EBITDA | 1 | 0 | 4 | 1 | 2 | 4 | 4 | 2 | 5 | −89 | 6 | 6 |
| Depreciation & amortization | 0 | 0 | 2 | 0 | 3 | 3 | 4 | 4 | 4 | 4 | 2 | 3 |
| EBIT | 1 | 0 | 2 | 1 | −1 | 1 | 1 | −2 | 1 | −93 | 3 | 3 |