secwatch.observer — SEC 8-K summary
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Issuer:     Meridian Holdings Inc./NV (MRDN)
CIK:        0001437925
Form:       8-K
Filed at:   2024-08-13T23:59:59+00:00
Accession:  0001477932-24-004703
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437925/000147793224004703/0001477932-24-004703-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437925/000147793224004703/gmgi_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-24-004703

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer