---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-24-000236"
form_type: "8-K"
ticker: "MRDN"
cik: "0001437925"
company_name: "Meridian Holdings Inc./NV"
filed_at: "2024-01-17T23:59:59+00:00"
generated_at: "2026-06-06T22:31:53.725479+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001477932-24-000236
- form_type: 8-K
- ticker: MRDN
- cik: 0001437925
- company_name: Meridian Holdings Inc./NV
- filed_at: 2024-01-17T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1437925/000147793224000236/0001477932-24-000236-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1437925/000147793224000236/gmgi_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-24-000236
- JSON: https://secwatch.observer/filing/0001477932-24-000236.json
- Plain text: https://secwatch.observer/filing/0001477932-24-000236.txt

## Key facts
- Earnings Releases
  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
  source text: Golden Matrix Reports Fiscal 2023 Financial Results With Record Revenues of $44.2 Million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1437925/000147793224000236/0001477932-24-000236-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.