Golden Matrix files Meridianbet audited FY2023: revenue $92.99M, net income $13.70M

Meridian Holdings Inc./NV

Meridianbet Group generated $92.99M revenue in FY2023, up 24% YoY from $74.93M.
Net income attributable to owners was $13.70M in FY2023 vs $15.78M in FY2022, down due to higher SG&A and taxes.
Total assets at Dec 31, 2023: $79.85M, with $20.41M cash. Total equity $59.99M.
Consideration includes $30M cash at close (up to $20M from Meridianbet cash), 82.14M GMGI shares at $3, and additional earnouts.
Acquisition closed Apr 4, 2024; pro forma combined financials now filed.

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