Golden Matrix Q1 revenue record $11.84M, net income positive vs loss, adjusted EBITDA $1.19M

Meridian Holdings Inc./NV

2024-Q1 EPS reported $0.00 revenue$11,843,882

Revenue $11.84M, up 10% YoY; net income $74,505 vs loss of $(443,521) in Q1 '23.
Adjusted EBITDA $1.19M; 9th consecutive quarter positive operating cash flow.
Cash $17.29M, working capital $19.5M, shareholders' equity $32.15M (up from $31.1M at FYE).
B2B revenue $4.62M (39%), B2C $7.22M (61%); RKings 338k users, MEXPLAY 84k users.
Special shareholder meeting for MeridianBet acquisition set for March 19, 2024; proxy statement sent in February.

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 first fiscal quarter ended January 31, 2024 results: revenue $11.84 million, net income $74,505.

Period: first fiscal quarter ended January 31, 2024
Revenue: $11.84 million
Net income: $74,505
Result: reported results

Exact text from the filing

Golden Matrix Reports First Quarter Financial Results With Record Revenues of $11.84 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 0001477932-24-001201

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