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Meridian Holdings Inc./NV

MRDN

$14.34 ▲ +0.68 (+4.94%) at close

16 Visible periods

31 Metrics

Peer-ranked Benchmarks

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Fair

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Analytical Summary

Meridian Holdings Inc./NV shows mixed fundamentals. Consider comparing against peers in the Technology sector before making investment decisions.

Market Cap $402.1M

Dividend Yield —

Revenue Growth -76.2% ↘

Op. Margin 0.5% ↘

ROIC 0.1% ↗

FCF / Share $0.10 ↘

Trailing P/E —

Price / Book 15.1x

FCF Yield 0.7%

Debt / Equity —

info Valuation on last close. End-of-day price, Aug 7, 2026.

16-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$36.03M

↓ -76.2% —

Net Income Profit after all expenses

$44.03K

↑ +103.0% —

Operating Margin Operating profit as % of sales

0.5%

↓ -70.6% 30th

FCF / Share Free cash flow per share

$0.10

↓ -33.9% —

Health Breakdown

Profitability ↑

Returns ↓

Cash Quality

100

Financial view

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📈 Is growth accelerating? 6 metrics

Metric	FY 2025 Oct 31, 2022 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Oct 31, 2023 10-K ↗	FY 2022 Jan 31, 2020 10-K ↗	FY 2021 Jul 31, 2019 10-K ↗	FY 2020 Jul 31, 2018 10-K ↗	FY 2019 Jul 31, 2017 10-K ↗	FY 2018 Jul 31, 2016 10-K ↗	FY 2017 Jul 31, 2015 10-K ↗	FY 2016 Jul 31, 2014 10-K ↗	FY 2015 Jul 31, 2013 10-K ↗	FY 2014 Jul 31, 2012 10-K ↗	FY 2013 Jul 31, 2011 10-K ↗	FY 2012 Jul 31, 2010 10-K ↗	FY 2011 Jul 31, 2009 10-K ↗	FY 2010 Jul 31, 2008 10-K ↗
Revenue Growth YoY (%)	-76.2% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-735%)	242.1% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1917%)	—	—	—	—	—	—	—	—	—	—	—	—	—	—
EPS Growth YoY (%)	0.0% Caution Caution Year-over-year change in earnings per share Optimal: > 10%	66.7% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—	—	N/M	N/M	-5634900.0% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	92.0% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	0.0% Caution ↓ Caution Declining Year-over-year change in earnings per share Optimal: > 10%	0.0% Caution Caution Year-over-year change in earnings per share Optimal: > 10%	92.3% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—	—	—
Net Income Growth YoY (%)	N/M	-26.2% Weak Weak Year-over-year change in net income	—	—	N/M	N/M	N/M	-281.7% Weak ↑ Weak Improving Year-over-year change in net income	83.7% Excellent ↑ Excellent Improving Year-over-year change in net income	-9.4% Weak ↑ Weak Improving Year-over-year change in net income	-4822.2% Weak ↓ Weak Declining Year-over-year change in net income	95.3% Excellent ↑ Excellent Improving Year-over-year change in net income	15.9% Good Good Year-over-year change in net income	-7190.9% Weak Weak Year-over-year change in net income	—	—
FCF Growth YoY (%)	-33.9% Weak Weak Year-over-year change in free cash flow	138.3% Excellent Excellent Year-over-year change in free cash flow	—	—	97.6% Excellent Excellent Year-over-year change in free cash flow	N/M	N/M	—	—	59.9% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-272.9% Weak Weak Year-over-year change in free cash flow	12.8% Fair Fair Year-over-year change in free cash flow	—	—	—	—
Revenue CAGR 3Y (%)	—	593.7% Excellent Excellent Compound annual revenue growth over 3 years	—	—	182.9% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—	—	—	—	—	—	—	—
Revenue CAGR 5Y (%)	—	—	366.5% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—	—	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Oct 31, 2022 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Oct 31, 2023 10-K ↗	FY 2022 Jan 31, 2020 10-K ↗	FY 2021 Jul 31, 2019 10-K ↗	FY 2020 Jul 31, 2018 10-K ↗	FY 2019 Jul 31, 2017 10-K ↗	FY 2018 Jul 31, 2016 10-K ↗	FY 2017 Jul 31, 2015 10-K ↗	FY 2016 Jul 31, 2014 10-K ↗	FY 2015 Jul 31, 2013 10-K ↗	FY 2014 Jul 31, 2012 10-K ↗	FY 2013 Jul 31, 2011 10-K ↗	FY 2012 Jul 31, 2010 10-K ↗	FY 2011 Jul 31, 2009 10-K ↗	FY 2010 Jul 31, 2008 10-K ↗
Operating Margin (%) (%)	0.5% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-97%)	1.8% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-91%)	-1.2% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-106%)	—	—	—	—	—	—	—	—	—	—	—	—	—
Effective Tax Rate (%) (%)	90.5% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	216.7% Weak Weak Actual taxes paid relative to pre-tax income Optimal: 15-25%	-139.6% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit Margin (%) (%)	0.1% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-99%)	-1.0% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-107%)	-2.7% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-118%)	—	—	—	—	—	—	—	—	—	—	—	—	—
FCF Margin (%) (%)	7.6% Caution ↓ Caution Declining Free cash flow as a percentage of revenue Optimal: > 10%	11.1% Fair ↓ Fair Declining Free cash flow as a percentage of revenue Optimal: > 10%	5.0% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	320.7% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	—	—	6.5% Caution Caution Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	—	—	—	—	—
FCF / Net Income (x)	62.11x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	-11.32x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-1.87x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	—	0.82x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	-0.23x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.01x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.00x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.77x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	0.11x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.08x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.76x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	0.04x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—	—	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Oct 31, 2022 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Oct 31, 2023 10-K ↗	FY 2022 Jan 31, 2020 10-K ↗	FY 2021 Jul 31, 2019 10-K ↗	FY 2020 Jul 31, 2018 10-K ↗	FY 2019 Jul 31, 2017 10-K ↗	FY 2018 Jul 31, 2016 10-K ↗	FY 2017 Jul 31, 2015 10-K ↗	FY 2016 Jul 31, 2014 10-K ↗	FY 2015 Jul 31, 2013 10-K ↗	FY 2014 Jul 31, 2012 10-K ↗	FY 2013 Jul 31, 2011 10-K ↗	FY 2012 Jul 31, 2010 10-K ↗	FY 2011 Jul 31, 2009 10-K ↗	FY 2010 Jul 31, 2008 10-K ↗
Return on Invested Capital (%)	0.1% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-2.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-4.1% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	—	138.6% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	58.4% Excellent → Excellent Stable Return earned on debt + equity capital invested Optimal: > 10%	12.9% Good ↓ Good Declining Return earned on debt + equity capital invested Optimal: > 10%	103.1% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	57.1% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	—	—	—	—	—	—	—
Return on Capital (%) (%)	0.6% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	1.3% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-1.5% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	—	60.3% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	-120.9% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-285.7% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-42260.5% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-1377.3% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-8989.2% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-16498.5% Weak Weak Operating profit relative to total assets Optimal: > 10%	-221.9% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—	—	—
Return on Common Equity (%) (%)	0.2% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-99%)	-1.4% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-108%)	-3.8% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-120%)	—	171.3% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+826%)	98.3% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+431%)	-117.2% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-734%)	251.3% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+1258%)	92.8% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+402%)	—	—	—	—	—	—	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Oct 31, 2022 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Oct 31, 2023 10-K ↗	FY 2022 Jan 31, 2020 10-K ↗	FY 2021 Jul 31, 2019 10-K ↗	FY 2020 Jul 31, 2018 10-K ↗	FY 2019 Jul 31, 2017 10-K ↗	FY 2018 Jul 31, 2016 10-K ↗	FY 2017 Jul 31, 2015 10-K ↗	FY 2016 Jul 31, 2014 10-K ↗	FY 2015 Jul 31, 2013 10-K ↗	FY 2014 Jul 31, 2012 10-K ↗	FY 2013 Jul 31, 2011 10-K ↗	FY 2012 Jul 31, 2010 10-K ↗	FY 2011 Jul 31, 2009 10-K ↗	FY 2010 Jul 31, 2008 10-K ↗
Debt to Equity (x)	—	0.14x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-70%)	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Interest Coverage (x)	—	0.78x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-42.44x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	—	39.96x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	-6.12x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-0.61x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-1.14x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	—	-18.86x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-75.65x Weak Weak Operating income divided by interest expense Optimal: > 5x	-7.08x Weak Weak Operating income divided by interest expense Optimal: > 5x	—	—	—	—
Net Debt (USD)	—	$14.36M	—	$-1.86M	$-1.73M	$-446.58K	$-25.17K	$-2.30K	$0.00	$-636.00	$-14.00	$-15.62K	$-47.11K	$-52.15K	—	—
Debt / EBITDA (x)	—	2.01x Fair Fair Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—	—	—	—	—	—	—	—	—	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Oct 31, 2022 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Oct 31, 2023 10-K ↗	FY 2022 Jan 31, 2020 10-K ↗	FY 2021 Jul 31, 2019 10-K ↗	FY 2020 Jul 31, 2018 10-K ↗	FY 2019 Jul 31, 2017 10-K ↗	FY 2018 Jul 31, 2016 10-K ↗	FY 2017 Jul 31, 2015 10-K ↗	FY 2016 Jul 31, 2014 10-K ↗	FY 2015 Jul 31, 2013 10-K ↗	FY 2014 Jul 31, 2012 10-K ↗	FY 2013 Jul 31, 2011 10-K ↗	FY 2012 Jul 31, 2010 10-K ↗	FY 2011 Jul 31, 2009 10-K ↗	FY 2010 Jul 31, 2008 10-K ↗
Revenue per Share (USD)	$1.29	$1.33	$1.25	—	$0.00	—	—	$0.09	—	—	—	—	—	—	—	—
Basic EPS, GAAP (USD)	$-0.01	$-0.01	$-0.03	—	$0.00	$0.00	$0.04	$-45.08	$-0.00	$-0.01	$-0.01	$-0.01	$-0.13	—	—	—
Free Cash Flow per Share (USD)	$0.10	$0.15	$0.06	—	$0.00	$0.00	$-0.00	$0.01	—	$-0.01	$-0.02	$-0.00	$-0.01	—	—	—
Book Value per Share (USD)	$0.95	$0.81	$0.86	$0.13	$0.00	$-0.00	$-0.01	$-0.00	$-0.00	—	—	—	$-0.00	—	—	—
Tangible Book Value per Share (USD)	$0.49	$0.81	$0.51	$0.13	$0.00	$-0.00	$-0.01	$-0.00	$-0.00	—	—	—	$-0.00	—	—	—
Basic Weighted Avg Shares (shares)	28.04M	113.51M	35.42M	—	2.81B	1.16B	49.83M	221,956	—	255.48M	65.89M	50.45M	48.56M	—	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Oct 31, 2022 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Oct 31, 2023 10-K ↗	FY 2022 Jan 31, 2020 10-K ↗	FY 2021 Jul 31, 2019 10-K ↗	FY 2020 Jul 31, 2018 10-K ↗	FY 2019 Jul 31, 2017 10-K ↗	FY 2018 Jul 31, 2016 10-K ↗	FY 2017 Jul 31, 2015 10-K ↗	FY 2016 Jul 31, 2014 10-K ↗	FY 2015 Jul 31, 2013 10-K ↗	FY 2014 Jul 31, 2012 10-K ↗	FY 2013 Jul 31, 2011 10-K ↗	FY 2012 Jul 31, 2010 10-K ↗	FY 2011 Jul 31, 2009 10-K ↗	FY 2010 Jul 31, 2008 10-K ↗
Working Capital (USD)	$16.57M	$-18.48M	$18.37M	$2.47M	$1.18M	$-1.34M	$-1.54M	$-3.98M	$-2.91M	$-1.01M	$-338.94K	$-275.37K	$-82.16K	—	—	—
LT Debt (USD)	—	$14.36M	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total Equity (USD)	$26.80M	$105.07M	$31.10M	$2.47M	$1.03M	$-1.34M	$-1.54M	$-3.98M	$-2.82M	—	—	—	$-82.16K	$-35.24K	$482.00	$-9.09K

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Oct 31, 2022 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Oct 31, 2023 10-K ↗	FY 2022 Jan 31, 2020 10-K ↗	FY 2021 Jul 31, 2019 10-K ↗	FY 2020 Jul 31, 2018 10-K ↗	FY 2019 Jul 31, 2017 10-K ↗	FY 2018 Jul 31, 2016 10-K ↗	FY 2017 Jul 31, 2015 10-K ↗	FY 2016 Jul 31, 2014 10-K ↗	FY 2015 Jul 31, 2013 10-K ↗	FY 2014 Jul 31, 2012 10-K ↗	FY 2013 Jul 31, 2011 10-K ↗	FY 2012 Jul 31, 2010 10-K ↗	FY 2011 Jul 31, 2009 10-K ↗	FY 2010 Jul 31, 2008 10-K ↗
Sales/Revenue/Turnover (USD)	$36.03M	$151.12M	$44.17M	—	$452.77K	—	—	$20.00K	$0.00	—	—	—	—	—	—	—
Depreciation Expense (USD)	$22.85K	$4.42M	$41.38K	—	—	—	—	—	$0.00	$1.97K	$1.11K	$124.00	—	—	—	—
Net Income, GAAP (USD)	$44.03K	$-1.48M	$-1.17M	—	$1.77M	$-1.32M	$1.80M	$-10.01M	$-2.62M	$-16.06M	$-14.68M	$-298.29K	$-6.30M	$-7.50M	$-102.80K	—
Operating Cash Flow (USD)	$2.77M	$23.92M	$2.21M	—	$1.45M	$302.72K	$-15.13K	$1.30K	$-2.01M	$-1.71M	$-1.10M	$-224.87K	$-250.39K	—	—	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 16 years · 62 quarters

Meridian Holdings Inc./NV

Analytical Summary

16-Year Financial Trajectory

Health Breakdown

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