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Meridian Corp

Meridian CorpMRBKEarnings & Financial Report

Nasdaq · trade of electricity

Meridian Audio is a consumer audio and home theatre equipment manufacturer based in the United Kingdom. Bob Stuart and Allen Boothroyd founded the company in 1977 under the name Boothroyd-Stuart. In 1985 the company released a CD player under the brand name, Meridian. The company also created the lossless compression format Meridian Lossless Packing in 1998 and the lossy Master Quality Authenticated (MQA) format in 2014.

MRBK Q3 2025 Key Financial Metrics

Revenue

$1.6M

Gross Profit

N/A

Operating Profit

$8.7M

Net Profit

$6.7M

Gross Margin

N/A

Operating Margin

538.7%

Net Margin

413.6%

YoY Growth

11.3%

EPS

$0.58

Financial Flow

Meridian Corp Q3 2025 Financial Summary

Meridian Corp reported revenue of $1.6M for Q3 2025, with a net profit of $6.7M (413.6% margin). Cost of goods sold was N/A, operating expenses totaled N/A.

Key Financial Metrics

Total Revenue$1.6M
Net Profit$6.7M
Gross MarginN/A
Operating Margin538.7%
Report PeriodQ3 2025

Meridian Corp Annual Revenue by Year

Meridian Corp annual revenue history includes year-by-year totals (for example, 2024 revenue was $5.7M).

YearAnnual Revenue
2024$5.7M
2023$4.9M
2022$53.2M

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$1.2M$1.3M$1.4M$1.4M$1.5M$1.5M$1.5M$1.6M
YoY Growth-93.3%10.1%16.9%15.0%23.2%16.6%3.3%11.3%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$2.25B$2.29B$2.35B$2.39B$2.39B$2.53B$2.51B$2.54B
Liabilities$2.09B$2.13B$2.19B$2.22B$2.21B$2.36B$2.33B$2.35B
Equity$158.0M$159.9M$162.4M$167.4M$171.5M$173.6M$178.0M$188.0M

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$7.9M$-1.7M$-19.2M$31.2M$-704000$18.1M$-12.0M$24.4M