earnings
confidence high
sentiment positive
materiality 0.75
Golden Matrix reports record Q2 revenue >$39M; MeridianBet acquisition shows strong early results
Meridian Holdings Inc./NV
2024-Q2 EPS reported
$0.04
revenue$64,265,829
- Preliminary Q2 2024 revenue exceeds $39M, a record for the combined company post-MeridianBet acquisition.
- RKingsCompetitions posts strongest quarterly revenues since its 2022 acquisition due to new technology rollout.
- MeridianBet Group granted licenses in South Africa and Peru; Brazil Sportsbook wagering reached $14.7M in Q2 (up 13% QoQ).
- Expanse Studios revenue up 26% QoQ; signs partnership with Kenya's Betika to expand iGaming presence in Africa.
- Major shareholder converts $4M deferred debt into common stock at $3/share, demonstrating confidence in the company.