secwatch.observer — SEC 8-K summary
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Issuer:     Meridian Holdings Inc./NV (MRDN)
CIK:        0001437925
Form:       8-K
Filed at:   2025-03-24T23:59:59+00:00
Accession:  0001477932-25-001898
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437925/000147793225001898/0001477932-25-001898-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437925/000147793225001898/gmgi_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-25-001898

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