Golden Matrix Q1 revenue up 21% to $10.78M; net loss $443K vs prior net income

Meridian Holdings Inc./NV

2023-Q1 EPS reported -$0.01 revenue$10,777,679

Revenue $10.78M, up 21.4% YoY from $8.88M.
Net loss of $443.5K, down from net income of $349.4K in Q1 2022; noncash stock comp of $962K.
Adjusted EBITDA $889.6K vs $729.3K in prior year.
Cash $15.42M; total assets $34.38M; shareholders' equity $30.52M.
B2C segment (RKings) contributed 61% of revenue; MeridianBet $300M acquisition expected H1 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Meridian Holdings Inc./NV reported three-month period ended January 31, 2023 results: revenue $10,777,679, net income $(443,521).

Period: three-month period ended January 31, 2023
Revenue: $10,777,679
Net income: $(443,521)
Result: reported results

Exact text from the filing

Golden Matrix Reports First Quarter Financial Results With Record Revenues of $10.78 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 0001477932-23-001522

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