Meridian Corp
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.3M | $5.7M | $4.9M | $4.7M | $151.1M | $135.9M | $69.2M | $65.0M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $28.4M | $21.8M | $84.6M | $46.5M | $54.7M | $48.2M | $30.0M | $21.9M |
| Operating Margin | 449.7% | 379.9% | 1,717.0% | 982.7% | 36.2% | 35.5% | 43.4% | 33.7% |
| Interest Expense | — | — | $67.6M | $18.6M | $8.4M | $13.7M | $16.5M | $11.4M |
| Pretax Income | $28.4M | $21.8M | $17.0M | $27.9M | $46.3M | $34.5M | $13.5M | $10.5M |
| Income Tax Expense | $6.6M | $5.4M | $3.7M | $6.1M | $10.7M | $8.1M | $3.0M | $2.3M |
| Net Income | $21.8M | $16.3M | $13.2M | $21.8M | $35.6M | $26.4M | $10.5M | $8.2M |
| Net Margin | 345.7% | 285.0% | 268.7% | 461.2% | 23.6% | 19.5% | 15.1% | 12.6% |
| EPS (Basic) | $1.93 | $1.47 | $1.19 | $1.85 | $2.96 | $2.16 | $0.82 | $0.64 |
| EPS (Diluted) | $1.89 | $1.45 | $1.16 | $1.79 | $2.87 | $2.14 | $0.82 | $0.64 |
| Shares Outstanding (Basic) | 11.3M | 11.1M | 11.1M | 11.8M | 12.0M | 12.2M | 12.8M | 12.8M |
| Shares Outstanding (Diluted) | 11.5M | 11.2M | 11.4M | 12.2M | 12.4M | 12.4M | 12.9M | 12.9M |
| Dividends Per Share | $0.50 | $0.50 | $0.50 | $0.90 | $0.79 | $0.13 | — | — |