Golden Matrix Q2 rev $10.3M (+21%), net loss $534K; MeridianBet deal extended

Meridian Holdings Inc./NV

2023-Q2 EPS reported -$0.03 revenue$21,086,038

Q2 revenue $10.3M (21% YoY); net loss $(534K) vs $587K income in prior year.
Adjusted EBITDA $452K; net loss impacted by $809K stock comp & $102K MeridianBet due diligence.
B2C segment (RKings) had technology issues affecting Q2; resolved with AWS upgrade.
MeridianBet acquisition definitive agreement verbally extended with modified terms; closing via amendment.
MEXPLAY casino in Mexico shows month-on-month growth after marketing campaigns launched in March.

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 0.98

Meridian Holdings Inc./NV reported the three and six-month periods ended April 30, 2023 results: revenue Q2 revenues of $10.3 million, net income Q2 net income (loss) of $(534,000).

Period: the three and six-month periods ended April 30, 2023
Revenue: Q2 revenues of $10.3 million
Net income: Q2 net income (loss) of $(534,000)
Result: reported results

Exact text from the filing

non-GAAP financial measures to the comparable GAAP financial measures is contained in the attached press release and presentation. --- EX-99.1 (PRESS RELEASE) --- EX-99.1 2 gmgi_ex991.htm PRESS RELEASE gmgi_ex991.htm EXHIBIT 99.1 Golden Matrix Reports Second Quarter Financial Results LAS VEGAS, NV, June 14, 2023 - Golden Matrix Group Inc.

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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 0001477932-23-004533

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