secwatch.observer — SEC 8-K summary
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Issuer:     Meridian Holdings Inc./NV (MRDN)
CIK:        0001437925
Form:       8-K
Filed at:   2025-10-30T23:59:59+00:00
Accession:  0001477932-25-007809
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437925/000147793225007809/0001477932-25-007809-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437925/000147793225007809/gmgi_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-25-007809

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