Meridian Corporation

MRBK · NASDAQ
Analyze with AI
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$197,366$168,554$130,445$159,510
% Growth17.1%29.2%-18.2%
Cost of Goods Sold$96,431$74,462$21,081$9,481
Gross Profit$100,935$94,092$109,364$150,029
% Margin51.1%55.8%83.8%94.1%
R&D Expenses$0$0$0$0
G&A Expenses$4,767$47,377$55,625$78,866
SG&A Expenses$8,060$51,107$59,961$82,580
Sales & Mktg Exp.$3,293$3,730$4,336$3,714
Other Operating Expenses$71,089$26,018$21,483$21,147
Operating Expenses$79,149$77,125$81,444$103,727
Operating Income$21,786$16,967$27,920$46,302
% Margin11%10.1%21.4%29%
Other Income/Exp. Net$0$0$0$0
Pre-Tax Income$21,786$16,967$27,920$46,302
Tax Expense$5,440$3,724$6,091$10,717
Net Income$16,346$13,243$21,829$35,585
% Margin8.3%7.9%16.7%22.3%
EPS1.471.191.852.96
% Growth23.5%-35.7%-37.5%
EPS Diluted1.451.161.792.87
Weighted Avg Shares Out11,11311,11511,79212,038
Weighted Avg Shares Out Dil11,24311,38712,20412,412
Supplemental Information
Interest Income$156,027$136,589$88,721$71,522
Interest Expense$85,031$67,647$18,593$8,411
Depreciation & Amortization$2,299$2,477$1,077-$4,813
EBITDA$24,085$19,444$28,997$41,489
% Margin12.2%11.5%22.2%26%