Meridian Holdings Inc./NV
For the period ended Dec 31, 2024. Filed Mar 24, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 24, 2025
MRDN$6.24-23.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations and Comprehensive Income
Golden Matrix Group, Inc. and Subsidiaries
Consolidated Statements of Operations and Comprehensive Income (Loss)
| Twelve Months Ended | ||
|---|---|---|
| December 31, | ||
| 2024 | 2023 | |
| Revenues | $151,115,532 | $92,993,521 |
| Cost of goods sold | (62,543,407) | (24,750,293) |
| Gross profit | 88,572,125 | 68,243,228 |
| Operating expenses | ||
| Selling, general and administrative expenses | 85,828,421 | 54,483,998 |
| Income (loss) from operations | 2,743,704 | 13,759,230 |
| Other income (expense): | ||
| Interest expense | (3,521,288) | (36,163) |
| Interest earned | 218,145 | 97,820 |
| Foreign exchange gain (loss) | (494,825) | 72,459 |
| Other income | 2,262,782 | 1,572,256 |
| Total other income (expense) | (1,535,186) | 1,706,372 |
| Net income (loss) before tax | 1,208,518 | 15,465,602 |
| Provision for income taxes | 2,618,367 | 1,570,716 |
| Net income (loss) | $(1,409,849) | $13,894,886 |
| Less: Net income attributable to noncontrolling interest | 70,400 | 192,348 |
| Net income (loss) attributable to GMGI | $(1,480,249) | $13,702,538 |
| Weighted average ordinary shares outstanding: | ||
| Basic | 113,511,706 | 83,475,190 |
| Diluted | 113,511,706 | 83,475,190 |
| Net earnings (losses) per ordinary share attributable to GMGI: | ||
| Basic | $(0.01) | $0.16 |
| Diluted | $(0.01) | $0.16 |
| Net income (loss) | $(1,409,849) | $13,894,886 |
| Foreign currency translation adjustments | (4,782,276) | (825,774) |
| Comprehensive income (loss) | (6,192,125) | 13,069,112 |
| Less: Net income attributable to noncontrolling interest | 70,400 | 192,348 |
| Comprehensive income (loss) attributable to GMGI | $(6,262,525) | $12,876,764 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.