---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-25-007809"
form_type: "8-K"
ticker: "MRDN"
cik: "0001437925"
company_name: "Meridian Holdings Inc./NV"
filed_at: "2025-10-30T23:59:59+00:00"
generated_at: "2026-05-17T01:18:18.399038+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Golden Matrix Q3 rev $47.3M (+15% YoY); net income $0.4M; FY guidance $186-187M

## Summary
- Q3 revenue $47.3M, up 15% YoY; net income $0.4M vs. loss $3.3M in Q3 2024; GAAP EPS $0.00.
- Adjusted EBITDA $5.7M (+32% YoY); gross profit $26.4M (56% margin, +111 bps).
- Debt reduced $25.9M to $45.1M; cash $22M; net debt leverage 1.2x annual Adj. EBITDA.
- Meridianbet revenue +26% to $32.5M; RKings record $7.4M; GMAG $3.5M.
- FY 2025 revenue guidance $186-187M (23-24% growth); Q4 guidance $52.7-53.7M.

## SEC filing metadata
- accession: 0001477932-25-007809
- form_type: 8-K
- ticker: MRDN
- cik: 0001437925
- company_name: Meridian Holdings Inc./NV
- filed_at: 2025-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1437925/000147793225007809/0001477932-25-007809-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1437925/000147793225007809/gmgi_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-25-007809
- JSON: https://secwatch.observer/filing/0001477932-25-007809.json
- Plain text: https://secwatch.observer/filing/0001477932-25-007809.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.