Golden Matrix reports record FY2023 revenue $44.2M (+23% YoY) but net loss $1.17M

Meridian Holdings Inc./NV

2024-FY EPS reported $0.16 revenue$92,993,521

Revenue $44.2M, up 23% from $36M in FY2022; Q4 revenue $11.8M (record).
Net loss $1.17M; Adjusted EBITDA $2.4M; non-cash stock compensation $2.45M.
B2B revenue $15.63M, B2C $28.54M; B2C includes RKings (325k users) and Mexplay (61k users).
Cash and equivalents $17.1M; total assets $35.6M; no long-term debt.
MeridianBet acquisition expected to close in Q1 2024.

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 0.9

Meridian Holdings Inc./NV reported fiscal year ended October 31, 2023 results: revenue $44.2 million.

Period: fiscal year ended October 31, 2023
Revenue: $44.2 million
Result: reported results

Exact text from the filing

Golden Matrix Reports Fiscal 2023 Financial Results With Record Revenues of $44.2 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 0001477932-24-000236

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