Meridian Holdings Inc.MRDN

$14.32+1.03 (+7.75%)
NASDAQTechnology24:00 UTC

Company snapshot

Market Cap
$183M
Micro-cap
+4087398%
2016 — today
10-Year Price
-98%
2016 — today
52-Week Range
$6.07$22.08
Current $14.32· 52%

Meridian Holdings Inc. specializes in providing a diverse array of offerings within the casino, sportsbook, and competitive gaming industries. The company operates under several key brands, including R Kings Competitions, MexPlay, and GM-AG. Its operational structure is divided into two distinct divisions: Business-to-Business (B2B) and Business-to-Consumer (B2C). Through its B2B segment, Meridian generates income from software licensing fees and collects royalties derived from the utilization of third-party gaming content. Meanwhile, the B2C division primarily earns revenue by charging participants for entry into various prize competitions across the United Kingdom. This enterprise was established on June 4, 2008, by co-founders Weiting Feng and Anthony Brian Goodman, and its corporate headquarters are located in Las Vegas, Nevada.

Valuation in context

P/E ratio
-2.1
N/A
Not meaningful — company is unprofitable
P/B ratio
3.6
Above average
Pricier than usual over the last 10 years
FCF Yield
6.1%
Above average
Above the 10-year average
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