Added to YB: 2025-06-23
Pitch date: 2025-06-19
GMGI [bullish]
Meridian Holdings Inc.
-47.02%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$103.0M
Pitch Price
$19.44
Price Target
15.80 (+53%)
Dividend
N/A
EV/EBITDA
6.16
P/E
-1.12
EV/Sales
0.56
Sector
Entertainment
Category
growth
Golden Matrix (GMGI): High-Margin Gaming Platform with 5-10x Upside Potential
GMGI: B2B gaming platform & B2C operations (MeridianBet, RKings) with 72% YoY revenue growth to $42.7M in Q1 2025. 57% gross margin, $5.6M adj EBITDA. Trading at ~$1.50, offers 5-10x potential upside vs 40-50% downside risk. Strong unit economics despite recent profitability dip from expansion costs.
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