Revenue
$50.10M
Fiscal year ended 2026-03-31Operating income
$3.16M
Fiscal year ended 2026-03-31Free cash flow
Unavailable
Fiscal year ended 2026-03-31Meridian Holdings Inc./NV (MRDN) reported revenue of $50.10M and net income of $2.17M for the fiscal year ended 2026-03-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Meridian Holdings Inc./NV’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Prepackaged Software.
Income
| Metric | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2024-01-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $50.10M | $49.58M | $47.32M | $43.25M | $42.72M | $45.86M | $40.99M | $39.42M | $24.85M | $11.84M |
| Cost of revenue | $21.96M | $21.08M | $20.93M | $18.87M | $18.53M | $19.07M | $18.59M | $17.73M | $7.16M | $8.47M |
| Gross profit | $28.14M | $28.50M | $26.39M | $24.38M | $24.20M | $26.79M | $22.40M | $21.69M | $17.69M | $3.38M |
| Operating income | $3.16M | -$93.37M | -$387.62K | -$2.30M | -$106.02K | -$99.15K | -$976.38K | $125.11K | $3.69M | $279.20K |
| Net income | $2.17M | -$88.73M | $566.01K | -$3.58M | -$258.22K | -$2.06M | -$3.41M | $64.92K | $3.99M | $74.50K |
| Research & development | $228.82K | Unavailable | Unavailable | Unavailable | $0 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 12.79M | Unavailable | shares 142.76M | shares 137.97M | shares 10.98M | Unavailable | shares 121.51M | shares 128.46M | shares 83.48M | shares 38.78M |
| Pretax income | $2.86M | -$93.97M | $615.44K | -$3.24M | -$594.27K | -$2.13M | -$1.43M | $540.60K | $4.23M | $336.68K |
| Income tax expense | $696.13K | -$5.56M | $201.64K | $490.38K | -$336.05K | -$52.42K | $1.86M | $524.97K | $281.70K | $262.18K |
| Diluted EPS | $0.18 | Unavailable | $0.00 | $-0.03 | $-0.02 | Unavailable | $-0.03 | $0.00 | $0.05 | $0.00 |
| Selling, general & administrative | $24.99M | $121.87M | $26.77M | $26.68M | $24.30M | $26.89M | $23.38M | $21.56M | $14.00M | Unavailable |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $2.34M |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2024-01-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total assets | $111.87M | $118.08M | $209.78M | $210.27M | $213.95M | $213.72M | $213.49M | $191.54M | Unavailable | $37.10M |
| Current assets | $30.48M | $35.44M | $39.15M | $38.97M | $45.93M | $45.07M | $56.67M | $48.56M | Unavailable | $24.19M |
| Total liabilities | $61.44M | $69.74M | $82.68M | $85.29M | $101.58M | $104.77M | $114.90M | $101.15M | Unavailable | $4.95M |
| Current liabilities | $53.26M | $59.57M | $64.41M | $63.57M | $62.00M | $63.55M | $69.39M | $51.31M | Unavailable | $4.69M |
| Total equity incl. NCI | $50.43M | $48.34M | $127.10M | $124.98M | $112.38M | $108.95M | $98.59M | $90.39M | $61.36M | $32.15M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $4.86M | $5.52M | $5.68M | $4.76M | $4.88M | $3.94M | $4.41M | $3.34M | Unavailable | $2.38M |
| Accounts receivable | $5.50M | $7.95M | $7.25M | $7.09M | $6.89M | $6.06M | $8.50M | $7.22M | Unavailable | $4.03M |
| Goodwill | $8.84M | $8.45M | $71.31M | $71.26M | $71.04M | $71.25M | $537.18K | Unavailable | Unavailable | $10.38M |
| Long-term debt | $4.85M | $6.59M | $8.75M | $11.33M | $13.46M | $14.36M | $16.17M | $19.42M | Unavailable | Unavailable |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2024-01-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $5.16M | $8.21M | $7.03M | $2.38M | $7.74M | $16.60M | $4.76M | -$1.90M | $4.46M | $8.18K |
| Capital expenditures | Unavailable | $1.76M | $849.94K | $2.47M | $1.11M | $3.19M | $2.46M | $591.25K | $932.24K | $1.51K |
| Investing cash flow | -$2.47M | -$6.90M | -$3.20M | -$6.56M | -$5.34M | -$15.73M | -$10.52M | -$8.94M | -$2.25M | -$1.51K |
| Financing cash flow | -$4.57M | -$2.28M | -$2.82M | -$9.30M | -$5.00M | -$5.00M | $9.55M | $22.35M | $818.20K | Unavailable |
| Net change in cash | -$1.84M | -$3.96M | -$93.68K | -$7.53M | -$464.02K | -$8.28M | $5.58M | $11.20M | $1.22M | $192.70K |
| Stock-based compensation | $248.06K | $1.09M | $546.42K | $1.42M | $1.04M | $1.45M | $1.61M | $1.64M | Unavailable | $770.95K |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | $0 | $0 | $0 | $0 | $769.53K | Unavailable |
| Common share repurchases | Unavailable | -$104.90M | $0 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | Unavailable | Unavailable | Unavailable | Unavailable | $2.15M | -$3.88M | $1.96M | $1.91M | Unavailable | $111.55K |
Derived
| Metric | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2024-01-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | $6.45M | $6.18M | -$89.36K | Unavailable | $13.41M | $2.31M | -$2.50M | $3.53M | $6.66K |
| Gross margin | 56.2% | 57.5% | 55.8% | 56.4% | 56.6% | 58.4% | 54.7% | 55.0% | 71.2% | 28.5% |
| Operating margin | 6.3% | -188.3% | -0.8% | -5.3% | -0.2% | -0.2% | -2.4% | 0.3% | 14.9% | 2.4% |
| FCF margin | Unavailable | 13.0% | 13.1% | -0.2% | Unavailable | 29.3% | 5.6% | -6.3% | 14.2% | 0.1% |
| SBC / revenue | 0.5% | 2.2% | 1.2% | 3.3% | 2.4% | 3.2% | 3.9% | 4.2% | Unavailable | 6.5% |
| Current ratio | 0.57x | 0.59x | 0.61x | 0.61x | 0.74x | 0.71x | 0.82x | 0.95x | Unavailable | 5.16x |
| Revenue YoY growth | 17.3% | 8.1% | 15.4% | 9.7% | 71.9% | 287.2% | Unavailable | 248.6% | 141.1% | Unavailable |
| Net margin | 4.3% | -179.0% | 1.2% | -8.3% | -0.6% | -4.5% | -8.3% | 0.2% | 16.1% | 0.6% |
| R&D / revenue | 0.5% | Unavailable | Unavailable | Unavailable | 0.0% | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | 3.6% | 1.8% | 5.7% | Unavailable | 6.9% | 6.0% | 1.5% | 3.8% | 0.0% |
| Long-term debt / equity | 0.10x | 0.14x | 0.07x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 24.3% | Unavailable | 32.8% | Unavailable | Unavailable | Unavailable | Unavailable | 97.1% | 6.7% | 77.9% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open MRDN in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-04-28View SEC filing
10-K · Filed 2026-03-31View SEC filing
10-Q · Filed 2025-10-30View SEC filing
10-Q · Filed 2025-08-06View SEC filing
10-Q · Filed 2025-05-08View SEC filing
10-K · Filed 2025-03-24View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.