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Meridian Holdings, Inc. MRDN VAT Refund Receivable — Income Taxes Receivable

Other segment segments

Corporate Income Taxes Receivable
$134.46K
Municipality Taxes Refund Receivable
$98.34K

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Other financials

Income statement

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Revenue$50.1M+17.3%
Gross profit$28.1M+16.3%
Operating income$3.2M+3,078%
Net income$2.2M+940%
EPS (diluted)$0.18+1,000%

Balance sheet

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Cash & equivalents$16.2M-45.3%
Total debt$18.9M-47.0%
Total equity$48.7M-55.1%
Total assets$111.9M-47.7%

Cash flow

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Operating cash flow$5.2M-33.4%
CapEx$1.8M-44.7%
Free cash flow$6.4M-51.9%

Valuation

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Market cap$176.12M+61.1%
Enterprise value$178.78M
P/S0.9×

Profitability

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Gross margin56.5%+0.2pp
Operating margin-48.8%-49.4pp
Net margin-47.1%-51.0pp
FCF margin10.5%

Returns & leverage

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Return on equity-113.9%-123pp
Debt / equity0.4×+0.1×
Current ratio0.6×-0.2×

Where this comes from

Reported directly by Meridian Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxesReceivable.

The official record: Meridian Holdings, Inc. ’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Meridian Holdings, Inc. 's VAT refund receivable — income taxes receivable?
Meridian Holdings, Inc. (MRDN) reported VAT refund receivable — income taxes receivable of $235.41K in Q1 2026.
How has Meridian Holdings, Inc. 's VAT refund receivable — income taxes receivable changed year-over-year?
Meridian Holdings, Inc. 's VAT refund receivable — income taxes receivable increased by 486.6% year-over-year, from $40.13K to $235.41K.
What does VAT refund receivable — income taxes receivable mean?
This metric represents the aggregate value of outstanding Value Added Tax (VAT) refunds and income tax receivables specifically attributed to the company's operations. It reflects the amount of capital currently tied up in tax jurisdictions that the company expects to recover as cash in future periods. Monitoring this balance is essential for assessing the efficiency of the company's tax compliance processes and its impact on short-term working capital liquidity.