Meridian Holdings Inc.

MRDNNASDAQTechnology● Active

$12.25

+$0.03(+0.25%)

Market Cap$154853010

P/E Ratio—

52W High$23.76

52W Low$5.796

Avg Volume46K

Open$11.67

Beta1.59

Free Cash Flow Financials Revenue

Meridian Holdings Inc. (MRDN) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

MRDN · free cash flow · updated Jun 8, 2026

Core FCF metrics

MRDN · FCF · TTM · margin & CAGR

Free cash flow was $11.7M for FY2025 (fiscal year ending 2025-12-31), up 508.4% year-over-year The FCF margin was 6.4%. Five-year CAGR stands at +44.2%.

FY2025 Free Cash Flow$11.7M▲ +508.4% YoY

Trailing 12M (TTM)$11.2Mtrailing 4 quarters sum

FCF Margin6.4%$11.7M ÷ revenue

3-Year CAGR+64.9%FY2022 → FY2025

5-Year CAGR+44.2%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

MRDN · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$25.4M(14M)$11.7M▲ +508.4%6.4%

FY2024$23.9M(22M)$1.9M▼ 81.8%1.3%

FY2023$23.7M(13M)$10.6M▲ +305.6%24.0%

FY2022$2.8M(0M)$2.6M▼ 80.3%7.3%

FY2021$21.2M(8M)$13.3M▲ +607.3%22.0%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

MRDN · P/FCF · FCF yield · FCF per share

Meridian Holdings Inc. (MRDN) trades at a FCF yield of 7.21% and a price-to-free-cash-flow ratio of 12.8x. FCF per share stands at $0.96, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

7.21%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$0.96

TTM FCF ÷ Shares Outstanding

Price / FCF

x12.8

Share Price ÷ FCF per Share

EV / FCF (TTM)

x14.1

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

MRDN · cash flow statement · operating / investing / financing

For FY2025, Meridian Holdings Inc. generated $25.4M in operating cash flow and spent 14M in capital expenditures, yielding $11.7M in free cash flow.

Operating Activities

+$25.4M

Cash from core business operations

2025-12-31

Investing Activities

−$22.0M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$19.4M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($25.4M) − |CapEx| (14M) = FCF ($11.7M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Technology)

MRDN vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Meridian Holdings Inc.YOU

MRDN

$11.7M+508.4%6.4%

Taiwan Semiconductor Manufacturing Company Limited

Microsoft Corporation

Technology · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Meridian Holdings Inc. (MRDN) reported free cash flow of $11.7M for FY2025 (fiscal year ending 2025-12-31), up 508.4% year-over-year. The FCF margin was 6.4%.

Based on available data, Meridian Holdings Inc. has maintained positive free cash flow for at least 9 fiscal year(s). FCF peaked at $13.3M in FY2021. The 5-year CAGR stands at +44.2%.

Meridian Holdings Inc.'s FCF yield is 7.21% and price-to-FCF ratio is 12.8x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

MRDN free cash flow · 8 questions

Meridian Holdings Inc. free cash flow was $11.7M for FY2025, up 508.4% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $11.2M.

MRDN free cash flowMRDN FCFMRDN FCF 2025MRDN free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Meridian Holdings Inc. · Meridian Holdings Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026