Meridian Holdings Inc (MRDN) — Titan Protect Analysis

MRDN

Meridian Holdings Inc

Communication Services · ·

$12.25

Data: 2026-06-03

✓ ETHICAL PASS

NONE MOAT

LIMITED

Data Confidence: 0.0%

Key Metrics

How this company measures up on the fundamentals that matter

Market Cap

$153M

Total market value of the company

Trailing P/E

N/A

Forward P/E

N/A

Based on estimated future earnings — lower means cheaper

Rev Growth

+17.3%

Year-over-year revenue change

Profit Margin

-45.9%

How much profit the company keeps from each dollar of revenue

ROE

-110.0%

Return on equity — how efficiently it uses shareholder money

Analyst Target

$17.00

+39% from current price — median analyst estimate

Recommendation

NONE

Consensus view from 3 analysts covering this stock

About Meridian Holdings Inc

Meridian Holdings Inc., a business-to-business and business-to-consumer gaming technology company, provides casino, sportsbook, and competition products in Central and South America, Europe, and Africa. It develops and licenses gaming platforms; and provides online sports betting and gaming operations under various brands, including Meridianbet, Expanse Studios, MexPlay, R Kings Competitions, Classics For A Cause, and GMAG. Meridian Holdings Inc. is based in Las Vegas, Nevada.

https://meridian-holdings.com

Country: United States Employees: 1,200 Industry: Electronic Gaming & Multimedia

Ethical Screening

Five compliance checks based on AAOIFI standards — all must pass for ethical clearance

Business Activity

PASS

Core business does not involve prohibited activities

Debt Ratio

0.0% PENDING

Debt must be below 33% of total assets

Cash Ratio

0.0% PENDING

Interest-bearing cash below 33% of assets

Receivables

0.0% PENDING

Receivables below 49% of assets

Revenue Purity

0.0% PENDING

Non-compliant revenue below 5% — any excess requires purification

Quantitative Intelligence

Statistical analysis of price behaviour, risk, and market regime — independent of fundamental data

Regime

MARKUP

Price trending up with increasing momentum

Sharpe Ratio

-0.358

Returns do not compensate for the risk — negative edge

Kelly Fraction

-0.0448

No positive edge detected — the data suggests staying out

Calmar Ratio

-0.574

Drawdown risk outweighs the returns — higher risk profile

Annual Return

-50.3%

Historical annualised return based on price data

Max Drawdown

-87.6%

Largest peak-to-trough decline — the worst it has been

HMM State

BEAR

Statistical model detects bearish conditions

Days in State

How long the current regime has persisted — longer means more stable

Market Data

Trading characteristics and market positioning

Beta

1.41

Moves slightly more than the broader market

52W High

$23.76

48% below the year high

52W Low

$5.80

111% above the year low

Avg Volume

45,671

Average daily shares traded — higher means easier to buy and sell

Short Ratio

1.7

Days it would take all short sellers to cover — higher means more crowded

Short % Float

N/A

Div Yield

N/A

Annual dividend as a percentage of the share price

EPS (TTM)

$-7.56

Earnings per share over the last 12 months

Financial Health

Balance sheet strength and cash generation — the foundation of long-term value

Debt/Equity

37.46

Heavy leverage — higher financial risk if revenues decline

Current Ratio

N/A

Quick Ratio

N/A

Like current ratio but excludes inventory — stricter test

Gross Margin

56.5%

Revenue left after cost of goods — higher means pricing power

Operating Margin

6.3%

Profit from core operations before interest and tax

Free Cash Flow

$5M

Positive — the business generates more cash than it spends

Revenue (TTM)

$190M

Total revenue over the last 12 months

Net Income

$-87,405,448

Loss-making — spending exceeds revenue after all costs

Analyst Coverage

Analysts

Target High

$26.00

Target Median

$17.00

Target Low

$16.20

Explore the Ethical Screener View Track Record

Data sourced from public filings and market feeds. Not financial advice. Updated: 2026-06-03

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