Golden Matrix Q2 revenue rises 75% to $39.4M; cash on hand tops $40M

Meridian Holdings Inc./NV

2024-Q2 EPS reported $0.04 revenue$64,265,829

Q2 consolidated revenue $39.4M (+75% YoY); H1 revenue $64.3M (+41% YoY).
Q2 gross profit $21.7M (+31% YoY); H1 gross profit $39.4M (+17% YoY).
Q2 net income $15K, impacted by non-cash items and acquisition costs.
Q2 Adjusted EBITDA steady at $5M; shareholders' equity up 52% to $89.5M.
Cash on hand as of July 31 over $40M (up 96% from Dec 31, 2023 $20.4M).

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