Meridian Holdings Inc./NV

Annual Trend FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations ($1.2m) ($1.4m) ($92.0m) ($83.9m)
Net Income (Loss) Attributable to Parent ($2.6m)
($10.0m) -281.73%
$1.8m +118.00%
($1.3m) -173.20%
$1.8m +234.25%
$398k -77.51%
($250k) -162.81%
($1.2m) -369.03%
($1.5m) -26.22%
($92.0m) -6113.96%
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ($2.6m) $1.8m $44k $1.2m ($1.4m) ($92.0m)
Net Income (Loss) Attributable to Noncontrolling Interest $294k $0 $70k ($2.1m)
Depreciation and amortization $0 $4.7m $129k $207k $440k $6.4m $15.2m $12.9m
Amortization $328k $0 $385k $440k $6.4m $9.2m $7.1m
Amortization of Debt Issuance Costs $207k
Depreciation $0 $0 $23k $41k $4.4m $6.0m $5.8m
Depreciation Amortization Depletion $481k $10.8m $15.2m $12.9m
Deferred Income Tax Expense (Benefit) ($727k) ($7.3m)
Deferred Other Tax Expense (Benefit) $2.6m
Share-based Payment Arrangement, Noncash Expense $1.6m $2.7m $2.2m $4.6m $4.1m $1.8m
Fair value of stock-based compensation $107k $207k $1.6m $2.7m $2.2m $4.7m $4.1m
Gain (Loss) on Sale of Assets and Asset Impairment Charges $63.6m
Loss on valuation / impairment ($25k) $0 $91.8m
Asset Impairment Charge $0 $1.4m $92.5m $92.6m
Other Nonoperating Income (Expense) ($4.8m) $2.1m ($327k) ($1k) $271k ($1.5m) ($1.0m)
Nonoperating Income (Expense) $37k
Changes in operating assets and liabilities:
Change In Working Capital $413k $6.3m $2.8m $3.7m
Increase (Decrease) in Accounts Receivable ($10k) ($52k) ($10k) ($423k) ($249k) ($916k) $3.1m ($748k) $2.6m ($1.5m)
Accounts Receivable, Credit Loss Expense (Reversal) $1.4m $725k ($1.5m)
(Increase) decrease in accounts receivable - related party ($300k) ($647k) ($513k) $816k $82k $59k $177k ($1.5m)
Change In Receivables ($3.0m) ($426k) ($2.3m) ($1.5m)
Changes In Account Receivables ($3.0m) ($689k) ($2.4m) ($1.5m)
Increase (Decrease) in Inventories $0 ($418k) $515k ($958k) $1.3m $42k
Change In Inventory ($515k) ($958k) ($1.3m) $42k
Change in Accounts Payable $13k $78k $307k $111k $150k ($42k) $392k $4k ($3k) $274k
Purchases of property and equipment, accrued but unpaid $12k $7.2m $6.2m ($7.3m)
Change in Deferred Revenue $0 ($60k) ($71k) $2k ($60k)
(Increase) decrease in other current assets ($587k) ($592k) $462k
Increase (decrease) in other current liabilities $77k $264k ($496k)
Change In Other Current Assets $97k ($496k) $13k ($895k)
Change In Other Current Liabilities ($99k) $5.1m ($3.2m) ($1.9m)
Net Cash Provided by (Used in) Operating Activities ($2.0m)
$1k +100.06%
($15k) -1267.36%
$303k +2100.90%
$1.5m +379.64%
$1.9m +29.35%
$2.8m +47.57%
$2.2m -20.39%
$23.9m +983.97%
$25.4m +6.03%
$28.2m +11.19%
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $12k $7.2m $6.2m ($7.3m)
Cash paid for property, plant and equipment ($37k) ($12k) ($7.2m) ($6.2m)
Cash paid for investments $24k $20k ($5.4m)
Payments to Acquire Businesses, Net of Cash Acquired $0 ($1.6m)
Net Cash from Investing Activities $0 $17.4m $0
Net Cash Provided by (Used in) Investing Activities $0 $0 $0 $192 ($4.4m) ($96k) ($37.4m) ($22.0m) ($14.3m)
Cash flows from financing activities:
Gain (Loss) on Extinguishment of Debt ($2.7m) $854k $129 $0
Debt conversion $4.4m $20.0m
Proceeds from Debt Issuance $2.0m $1k $38k $38k $0 $0 $0 $26.0m $2.2m
Issuance Of Debt $26.0m $2.2m $983k
Long Term Debt Issuance $26.0m $2.2m $983k
Net Issuance Payments Of Debt $0 $19.8m ($22.1m) ($15.0m)
Net Long Term Debt Issuance $0 $19.8m ($22.1m) ($15.0m)
Repayment on debt $0 ($3.7m) ($21.5m)
Long Term Debt Payments $0 ($6.1m) ($24.3m) ($16.0m)
Repayment Of Debt $0 ($6.1m) ($24.3m) ($16.0m)
Issuance Of Capital Stock $0 $0 $3.0m $2.3m
Repurchase Of Capital Stock ($32k) ($123k) ($123k) ($123k)
Proceeds from Issuance of Common Stock $0 $8.5m $0 $2.3m
Common stock issued for vested RSUs $9 $19
Common Stock Issuance $0 $0 $3.0m $2.3m
Net Common Stock Issuance ($32k) ($123k) $2.8m $2.2m
Payments for Repurchase of Common Stock $32k $3.0m
Common Stock Payments ($32k) ($123k) ($123k) ($123k)
Common Stock Dividend Paid ($770k) ($145k) ($145k)
Dividends paid $1 $0 ($145k)
Dividends Payable, Current $39k $0
Payments of dividends ($2) ($1) ($0) ($145k)
Cash Dividends Paid ($770k) ($145k) ($145k)
Net Cash Provided by (Used in) Financing Activities $2.0m
$1k -99.95%
$38k +3700.00%
$119k +212.36%
($167k) -241.05%
$8.0m +4861.44%
$32k -99.60%
($32k) -201.01%
$27.7m +85838.09%
($19.4m) -170.02%
($13.0m) +32.82%
Net increase (decrease) in cash and cash equivalents $421k $1.3m $9.8m ($1.8m) $2.2m $9.7m ($12.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($1.8m) $2.2m $9.7m ($12.0m) $23.0m
Beginning Cash Position $14.9m $20.4m $30.1m $22.1m
Cash and cash equivalents at beginning of the year $11.7m $14.9m $17.1m $30.1m $18.1m
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $0 $0 $0 ($1) ($246k) $73k ($4.5m) $4.0m ($5.7m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $14.9m $17.1m $30.1m $18.1m $23.0m
Effect Of Exchange Rate Changes $73k ($4.5m) $4.0m ($5.7m)
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $22.2m
Income Tax Expense (Benefit) $0 $419k $683k $2.6m ($5.2m)
Interest Expense ($2.7m) ($129) $106 $44k $0 $12k $1.4m $1.8m
Income Tax Expense $1.2m $91k $0 $550k $532k $3.9m $4.0m
Noncash investing and financing activities:
Additional Financial Items
Proceeds from Stock Options Exercised $8k $32k $0 $35k $0
Foreign Currency Transaction Gain (Loss), before Tax $0 $9k $760k
Foreign Currency Transaction Gain (Loss), Realized $261k ($8k) ($495k) $760k
Foreign Currency Transaction Gain (Loss), Unrealized $110k ($34k)
General and Administrative Expense $1.9m $335k $385 $186k $5.4m $8.4m
Goodwill $10.5m $10.4m $537k $8.5m $92.6m
Operating Expenses $5.2m $320k $1.8m $1.0m $2.8m $9.0m $10.4m $24.0m
Restructuring Costs $2.2m
Revenue from Contract with Customer, Including Assessed Tax $43.5m
Unrealized Gain (Loss) on Derivatives $5k $0
Provision for Doubtful Accounts (CF) $304k $1.4m $725k
(Increase) decrease in taxes receivable ($17k) $263k $139k
(Increase) decrease in prepaid expenses $0 ($1k) $1k ($350k) $19k ($17k) ($349k) $322k
(Increase) decrease in deposits ($654k) ($120k) ($628k)
(Increase) decrease in other non-current assets $32k $96k ($449k)
Increase (decrease) in taxes payable $0 ($131k) $137k ($766k) $1.3m
Increase (decrease) in customer deposit $150k $46k $249k $2k $568k
Change in Other Working Capital $0 ($94k) ($556k) ($824k) ($4.0m) ($49k)
Cash paid for intangible assets $0 ($84k) ($53k) ($14.8m) ($7.5m)
Cash paid for purchase of subsidiaries $0 ($9.0m) ($1.1m)
Cash distribution to former owners of MeridianBet Group in connection with the Purchase $0 ($23.9m) ($1.8m)
Proceeds from Stock Issuance $0 $0 $8k $32k $0 $35k $0
Proceeds from sale of stock $0 $3.0m
Repayment of lease ($2.4m) ($2.5m) ($2.8m)
Share repurchase $0 ($123k) ($123k)
Shares issued for settlement of true-up liability $0 $519k
Acquisition of minority interest $0 $7.2m $393k
Cash Flow From Continuing Financing Activities ($32k) $27.7m ($19.4m) ($13.0m)
Cash Flow From Continuing Investing Activities ($96k) ($37.4m) ($22.0m) ($14.3m)
Change In Account Payable $3.7m $4.3m $8.0m $6.0m
Change In Income Tax Payable $137k ($766k) $1.3m $1.4m
Change In Payable $3.8m $3.6m $9.3m $6.0m
Change In Prepaid Assets ($17k) ($469k) ($306k) $580k
Change In Tax Payable $137k ($766k) $1.3m $1.4m
Changes In Cash $2.1m $14.2m ($16.0m) $878k
End Cash Position $17.1m $30.1m $18.1m $23.0m
Financing Cash Flow ($32k)
$27.7m +85838.09%
($19.4m) -170.02%
($13.0m) +32.82%
Free Cash Flow $2.1m $1.9m $11.7m $20.9m
Investing Cash Flow ($96k) ($37.4m) ($22.0m) ($14.3m)
Net Business Purchase And Sale ($31k) ($15.5m) ($2.9m) ($1.6m)
Net Foreign Currency Exchange Gain Loss ($110k) $34k ($110k)
Net Intangibles Purchase And Sale ($53k) ($14.8m) ($7.5m) ($3.7m)
Net PPE Purchase And Sale ($12k) ($7.2m) ($6.2m) ($3.6m)
Operating Gains Losses ($110k) $34k ($110k)
Other Non Cash Items $6k $266k $2.2m $2.8m
Proceeds From Stock Option Exercised $0 $35k $0 $0
Purchase Of Business ($31k) ($32.8m) ($2.9m) ($1.6m)
Purchase Of Intangibles ($53k) ($14.8m) ($7.5m) ($3.7m)
Purchase Of PPE ($2k) ($12k) ($7.2m) ($6.2m) ($7.3m)
Sale Of Business $0 $17.4m $0 $0
Stock Based Compensation $2.2m $4.7m $4.1m $1.8m
Derivative, Gain (Loss) on Derivative, Net ($5k) $0
Gain (Loss) on Derivative Instruments, Net, Pretax $222k
Total Costs and Expenses $0 $2.2m $2.8m
Net Investment Purchase And Sale $20k ($5.4m) ($5.4m)
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported $2.2m $9.7m ($12.0m)
Interest Paid, Excluding Capitalized Interest, Operating Activities $12k $1.4m $1.8m