Added to YB: 2026-04-24
Pitch date: 2026-04-22
MRDN [bullish]
Meridian Holdings Inc.
-0.16%
current return
Author Info
Coughlin Capital is a long-term investor dedicated to uncovering quality, undervalued companies. Sharing my journey as a do-it-yourself investor with in-depth research, actionable insights, and lessons learned along the way. Sign up for the newsletter.
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
$78.5M
Pitch Price
$6.30
Price Target
40.00 (+536%)
Dividend
N/A
EV/EBITDA
5.69
P/E
-0.80
EV/Sales
0.47
Sector
Entertainment
Category
value
A Microcap at 3x EBITDA, 0.4x Sales, Growing >20%, With 90% Insider Ownership - Meridian Holdings Inc.
MRDN: Gaming co at 0.4x sales, 3x EBITDA w/ 90% insider ownership, growing 21% YoY to $183M rev. Q4 profitable ($3.4M adj net income). Brazil federal lic secured; 2026 World Cup catalyst. Proprietary Atlas AI, 11M bet markets/mo, 740 retail shops, $2-7.60 CAC vs $300-1k peers. Expanse Studios +440% YoY. Insiders bought at $35 (adj), now $6.88 = $86M mkt cap vs est $500M intrinsic value. 700k retail float; re-rating to 2.5x sales = $40/share (+600%).
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