Golden Matrix reports FY2022 revenue $36M (+219% YoY), adjusted EBITDA $3.5M, announces $300M MeridianBet acquisition

Meridian Holdings Inc./NV

Revenue $36.0M, up 219% from $11.3M in FY2021; B2B $14.8M, B2C $21.2M.
Adjusted EBITDA ~$3.5M; cash $14.9M; shareholders' equity $26.8M (+42% YoY).
On Jan 12, 2023, entered definitive agreement to acquire MeridianBet Group for ~$300M in cash/stock.
Pro forma combined revenue expected >$100M, adjusted EBITDA >$22M for FY2022.
B2C segment RKings has >45,000 unique active users/month; Mexican Casino launch expected 1H 2023.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Meridian Holdings Inc./NV reported fiscal year ended October 31, 2022 results: revenue $36 million.

Period: fiscal year ended October 31, 2022
Revenue: $36 million
Result: reported results

Exact text from the filing

Golden Matrix Reports Fiscal 2022 Financial Results With Record Revenues of $36 Million

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

Meridian Holdings Inc./NV filing history →

Source: SEC EDGAR

accession 0001477932-23-000598

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