Golden Matrix reports record FY2024 revenue $151M (+63%), guides Q1 2025 up 80%

Meridian Holdings Inc./NV

Q4 revenue $46M (+81% YoY); FY revenue $151M (+63% YoY); gross profit FY $89M (+30%).
Net loss $2.1M in Q4 and $1.5M for FY due to amortization, stock comp, interest, restructuring.
Adj. EBITDA Q4 $6.5M (+69%), FY $22.2M (+4%). Cash $30M.
Meridianbet FY revenue $106M (+14%); GMAG B2B wagering volume $4.7B (+84%); Expanse Studios revenue +174%.
Q1 2025 revenue guidance $42M–$45M, representing 69%–80% YoY growth.

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