MRDN
Price:
$14.02
Market Cap:
$177.23M
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 esta...[Read more]
Industry
Gambling, Resorts & Casinos
IPO Date
2009-10-30
Stock Exchange
NASDAQ
Ticker
MRDN
According to Meridian Holdings Inc.’s latest financial reports and current stock price. The company's current ROE is -121.62%. This represents a change of 175.30% compared to the average of -44.18% of the last 4 quarters.
The mean historical ROE of Meridian Holdings Inc. over the last ten years is 32.32%. The current -121.62% ROE has changed -476.27% with respect to the historical average. Over the past ten years (40 quarters), MRDN's ROE was at its highest in in the July 2019 quarter at 71.30%. The ROE was at its lowest in in the January 2019 quarter at -357.43%.
Average
32.32%
Median
23.53%
Minimum
-193.14%
Maximum
251.32%
Discovering the peaks and valleys of Meridian Holdings Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 13.61%
Maximum Annual ROE = 251.32%
Minimum Annual Increase = -4821.50%
Minimum Annual ROE = -193.14%
| Year | ROE | Change |
|---|---|---|
| 2025 | -193.14% | 13.61% |
| 2024 | -1.41% | -103.20% |
| 2023 | 44.05% | -4821.50% |
| 2022 | -0.93% | -101.37% |
| 2021 | 67.99% | 2.17% |
| 2021 | 3.00% | -98.25% |
| 2019 | 171.28% | 74.26% |
| 2018 | 98.29% | -183.83% |
| 2017 | -117.25% | -146.65% |
| 2016 | 251.32% | 170.69% |
The current ROE of Meridian Holdings Inc. (MRDN) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
-50.16%
5-year avg
-16.69%
10-year avg
32.32%
Meridian Holdings Inc.’s ROE is greater than PLAYSTUDIOS, Inc. (-20.93%), greater than KULR Technology Group, Inc. (-92.81%), greater than TROOPS, Inc. (-43.28%), greater than Skillz Inc. (-77.59%), greater than Wrap Technologies, Inc. (-101.24%), less than Airship AI Holdings, Inc. (-1.21%), greater than Expensify, Inc. (-11.54%), greater than Teads Holding Co. (-314.81%), greater than Satellogic Inc. (-3465.39%), greater than Arrive AI Inc. (-730.42%),
| Company | ROE | Market cap |
|---|---|---|
| -20.93% | $60.71M | |
| -92.81% | $109.63M | |
| -43.28% | $246.76M | |
| -77.59% | $137.97M | |
| -101.24% | $84.72M | |
| -1.21% | $66.12M | |
| -11.54% | $216.02M | |
| -314.81% | $48.06M | |
| -3465.39% | $703.45M | |
| -730.42% | $11.51M |
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