Latest revenue
$50.1M
as of 2026-03-31
Latest net income
$2.2M
as of 2026-03-31
Net margin
4.3%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $131.4M
- Enterprise value
- $131.4M
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $16.09
- 52-wk low
- $0.48
- Beta
- —
- Shares out
- 12.7M
5-year trend
What this company does
Item 1. Business Introduction The information included in this Report on Form 10-K should be read in conjunction with the consolidated financial statements and related notes in “Item 8. Financial Statements and Supplemental Data” of this Report. Our logo and some of our trademarks and tradenames are used in this Report. This Report also includes trademarks, tradenames and service marks that are the property of others. Solely for convenience, trademarks, tradenames, and service marks referred to in this Report may appear without the ®, ™ and SM symbols. References to our trademarks, tradenames and service marks are not intended to indicate in any way that we will not assert to the fullest…
AI summary unavailable — showing raw filing excerpt
Generated from MRDN's filing dated 2026-03-31
Key risks
Item 1A. Risk Factors. Investors should review the risks provided below, prior to making an investment in the Company. The business, financial condition and operating results of the Company can be affected by a number of factors, whether currently known or unknown, including but not limited to those described below, any one or more of which could, directly or indirectly, cause the Company’s actual financial condition and operating results to vary materially from past, or from anticipated future, financial conditions and operating results. Any of these factors, in whole or in part, could materially and adversely affect the Company’s business, financial condition, operating results and stock…
AI summary unavailable — showing raw filing excerpt
Generated from MRDN's filing dated 2026-03-31
Profitability
Gross margin
56.6%
3.5%Operating margin
-52.6%
2996.5%Net margin
-50.3%
5035.1%Return on equity
-197.6%
13927.6%Return on assets
-77.9%
11147.0%Leverage
Debt / equity
1.54×
48.6%Long-term debt / equity
0.14×
3.6%Debt / assets
60.6%
19.2%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $50.1M | +17.3% | $2.2M | +1036.1% | 4.3% |
Q4 2025 2025-12-31 | $49.6M | — | $-88.7M | — | -179.0% |
Q3 2025 2025-09-30 | $47.3M | +15.4% | $566.0K | -12.9% | 1.2% |
Q2 2025 2025-06-30 | $43.2M | +9.7% | $-3.6M | -23038.3% | -8.3% |
Q1 2025 2025-03-31 | $42.7M | +71.9% | $-231.6K | -105.8% | -0.5% |
Q3 2024 2024-09-30 | $41.0M | +84.6% | $650.1K | -81.3% | 1.6% |
Q2 2024 2024-06-30 | $39.4M | +74.6% | $15.6K | -99.6% | 0.0% |
Q1 2024 2024-03-31 | $24.9M | — | $4.0M | — | 16.1% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Services-Prepackaged Software · SIC 7372
Your notes
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Insider activity
Insider buying
$175.2K
Insider selling
$1.9M
Net activity
−$1.7M
Distinct insiders
4
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns MRDN
No institutional holdings on file for MRDN yet.
Source: SEC Form 13F-HR. Updated quarterly (45-day filing lag).
Top questions investors are asking
Coming once MRDN's latest filing finishes processing.