Meridian Corporation
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $10.4M | $27.5M | $56.7M | $38.4M | $23.5M | $36.7M | $39.4M | $24.0M |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | — | — | — | — | — | — | — | — |
| Property, Plant & Equipment | $12.4M | $12.2M | $13.6M | $13.3M | $11.8M | $7.8M | $8.6M | $9.6M |
| Goodwill | $899.0K | $899.0K | $899.0K | $899.0K | $899.0K | $899.0K | $899.0K | $899.0K |
| Intangible Assets (Excl. Goodwill) | $2.6M | $2.8M | $3.0M | $3.2M | $3.4M | $3.6M | $3.9M | $4.1M |
| Total Assets | $2.56B | $2.39B | $2.25B | $2.06B | $1.71B | $1.72B | $1.15B | $997.5M |
| Liabilities | ||||||||
| Accounts Payable | — | — | — | — | — | — | — | — |
| Total Current Liabilities | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | $8.9M | $0 | — | — | $6.2M |
| Total Liabilities | $2.36B | $2.21B | $2.09B | $1.91B | $1.55B | $1.58B | $1.03B | $887.9M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $128.1M | $112.0M | $101.2M | $95.8M | $84.9M | $59.0M | $34.1M | $23.6M |
| Total Stockholders' Equity | $199.7M | $171.5M | $158.0M | $153.3M | $165.4M | $141.6M | $120.7M | $109.6M |