Financial insights of MRDN

MyFinsight

For the quarter ending 2026-03-31, MRDN made $50,103,870 in revenue. $2,260,795 in net income. Net profit margin of 4.51%.

Income Statement	2026-03-31	2025-12-31
Revenues	50,103,870	45,715,843.25*
Cost of goods sold	21,959,630	19,851,663.25*
Gross profit	28,144,240	25,864,180*
Selling, general and administrative expenses	24,987,116	49,906,432*
Income (loss) from operations	3,157,124	-24,042,252*
Interest expense	353,726	1,144,711*
Interest earned	5,999	60,180.75*
Foreign exchange gain (loss)	-412,194	190,055*
Other income	467,088	639,644.75*
Total other income (expense)	-292,833	-254,830.5*
Net income (loss) before tax	2,864,291	-24,297,082.5*
Provision for income taxes	696,134	-1,301,548.5*
Net income (loss)	2,168,157	-22,995,534*
Less net loss attributable to noncontrolling interest	-92,638	-521,071.5*
Net income (loss) attributable to mrdn	2,260,795	-22,474,462.5

Basic EPS	0.18	-1.939
Diluted EPS	0.18	-1.939
Basic Average Shares	12,640,999	11,589,076
Diluted Average Shares	12,785,352	11,589,076