MRBK
Income statement / Annual
Last year (2024), Meridian Corporation's total revenue was $197.37 M,
an increase of 17.09% from the previous year.
In 2024, Meridian Corporation's net income was $16.35 M.
See Meridian Corporation,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$197.37 M |
$168.55 M |
$130.45 M |
$159.51 M |
$149.57 M |
$85.76 M |
$73.78 M |
$68.40 M |
$67.14 M |
$58.49 M |
| Cost of Revenue |
$96.43 M
|
$74.46 M
|
$21.08 M
|
$9.48 M
|
$21.96 M
|
$17.43 M
|
$12.98 M
|
$8.94 M
|
$6.39 M
|
$6.02 M
|
| Gross Profit |
$100.94 M
|
$94.09 M
|
$109.36 M
|
$150.03 M
|
$127.61 M
|
$68.33 M
|
$60.79 M
|
$59.45 M
|
$60.75 M
|
$52.47 M
|
| Gross Profit Ratio |
0.51
|
0.56
|
0.84
|
0.94
|
0.85
|
0.8
|
0.82
|
0.87
|
0.9
|
0.9
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$4.77 M
|
$47.38 M
|
$55.63 M
|
$78.87 M
|
$72.15 M
|
$35.16 M
|
$35.68 M
|
$40.07 M
|
$41.48 M
|
$33.92 M
|
| Selling & Marketing Expenses |
$3.29 M
|
$3.73 M
|
$4.34 M
|
$3.71 M
|
$2.85 M
|
$2.48 M
|
$2.36 M
|
$2.25 M
|
$1.73 M
|
$1.48 M
|
| Selling, General & Administrative Expenses |
$8.06 M
|
$51.11 M
|
$59.96 M
|
$82.58 M
|
$75.00 M
|
$37.63 M
|
$38.04 M
|
$42.32 M
|
$43.20 M
|
$35.40 M
|
| Other Expenses |
$71.09 M
|
$26.02 M
|
$21.48 M
|
$21.15 M
|
$18.08 M
|
$17.18 M
|
$12.27 M
|
$11.35 M
|
$10.02 M
|
$7.63 M
|
| Operating Expenses |
$79.15 M
|
$77.13 M
|
$81.44 M
|
$103.73 M
|
$93.08 M
|
$54.81 M
|
$50.30 M
|
$53.67 M
|
$53.23 M
|
$43.03 M
|
| Cost And Expenses |
$175.58 M
|
$151.59 M
|
$102.53 M
|
$113.21 M
|
$115.04 M
|
$72.24 M
|
$63.29 M
|
$62.61 M
|
$59.62 M
|
$49.06 M
|
| Interest Income |
$156.03 M
|
$136.59 M
|
$88.72 M
|
$71.52 M
|
$62.66 M
|
$52.86 M
|
$44.06 M
|
$35.72 M
|
$30.98 M
|
$27.98 M
|
| Interest Expense |
$85.03 M
|
$67.65 M
|
$18.59 M
|
$8.41 M
|
$13.66 M
|
$16.53 M
|
$11.41 M
|
$6.78 M
|
$5.19 M
|
$4.59 M
|
| Depreciation & Amortization |
$2.30 M
|
$2.48 M
|
$1.08 M
|
-$4.81 M
|
-$2.07 M
|
$867.00 K
|
$1.42 M
|
$963.00 K
|
$1.79 M
|
$815.00 K
|
| EBITDA |
$24.09 M |
$19.44 M |
$29.00 M |
$41.49 M |
$32.46 M |
$14.38 M |
$11.91 M |
$6.75 M |
$9.31 M |
$10.25 M |
| EBITDA Ratio |
0.12
|
0.12
|
0.22
|
0.26
|
0.22
|
0.17
|
0.16
|
0.1
|
0.14
|
0.18
|
| Operating Income Ratio |
0.11
|
0.1
|
0.21
|
0.29
|
0.23
|
0.16
|
0.14
|
0.08
|
0.11
|
0.16
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$21.79 M
|
$16.97 M
|
$27.92 M
|
$46.30 M
|
$34.54 M
|
$13.51 M
|
$10.49 M
|
$5.79 M
|
$7.52 M
|
$9.44 M
|
| Income Before Tax Ratio |
0.11
|
0.1
|
0.21
|
0.29
|
0.23
|
0.16
|
0.14
|
0.08
|
0.11
|
0.16
|
| Income Tax Expense |
$5.44 M
|
$3.72 M
|
$6.09 M
|
$10.72 M
|
$8.10 M
|
$3.03 M
|
$2.33 M
|
$2.75 M
|
$2.60 M
|
$3.25 M
|
| Net Income |
$16.35 M
|
$13.24 M
|
$21.83 M
|
$35.59 M
|
$26.44 M
|
$10.48 M
|
$8.16 M
|
$3.03 M
|
$4.92 M
|
$6.19 M
|
| Net Income Ratio |
0.08
|
0.08
|
0.17
|
0.22
|
0.18
|
0.12
|
0.11
|
0.04
|
0.07
|
0.11
|
| EPS |
1.47 |
1.19 |
1.85 |
2.96 |
2.15 |
0.82 |
0.64 |
0.25 |
0.8 |
1.08 |
| EPS Diluted |
1.45 |
1.16 |
1.79 |
2.87 |
2.14 |
0.82 |
0.64 |
0.25 |
0.8 |
1.08 |
| Weighted Average Shares Out |
$11.11 M
|
$11.12 M
|
$11.79 M
|
$12.04 M
|
$12.32 M
|
$12.81 M
|
$12.79 M
|
$7.49 M
|
$4.71 M
|
$4.71 M
|
| Weighted Average Shares Out Diluted |
$11.24 M
|
$11.39 M
|
$12.20 M
|
$12.41 M
|
$12.37 M
|
$12.88 M
|
$12.85 M
|
$7.54 M
|
$4.71 M
|
$4.71 M
|
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