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MeridianLink, Inc.

MeridianLink, Inc.

NYSE•MLNK
CEO: Mr. Nicolaas Vlok
Sector: Technology
Industry: Software - Application
Listing Date: 2021-07-28
MeridianLink, Inc., a software and services company, provides software solutions for banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies in the United States. The company offers MeridianLink One, a multi-product platform that can be tailored to meet the needs of customers as they digitally transform their organizations and adapt to changing business and consumer demands; MeridianLink Portal, a Point of Sale system that allows financial institutions to expand existing lending and deposit account; MeridianLink Opening, a cloud-based online account opening and deposit software solution; MeridianLink Consumer, a full loan solution suite to banks and credit unions; and MeridianLink DecisionLender, a loan origination software (LOS) for finance companies. It also provides MeridianLink Mortgage, a cloud-based software designed for financial professionals to optimize the end-to-end mortgage loan origination process; MeridianLink Collect, a web-based debt collection software; Mortgage Credit Link, a web-based order fulfillment hub; and MeridianLink Business, a cloud-based platform that offers business lending solutions for banks and credit unions. In addition, the company provides analytics and business intelligence tools through MeridianLink Engage, MeridianLink Consulting, MeridianLink Data Connect, and MeridianLink Insight; Data Verification Software Solution, a cloud-based order fulfillment hub for bankers and credit officers; and loan origination systems, other credit decisioning tools, and additional solution modules. MeridianLink, Inc. was founded in 1998 and is headquartered in Costa Mesa, California.
Contact Information
3560 Hyland Avenue, Suite 200, Costa Mesa, CA, 92626, United States
714-708-6950
www.meridianlink.com
Market Cap
$1.48B
P/E (TTM)
-68.1
39.6
Dividend Yield
--
52W High
$25.22
52W Low
$15.49
52W Range
46%
Rank49Top 66.7%
3.2
F-Score
Modified Piotroski Analysis
Based on 6-year fundamentals
Weak • 3.2 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2020-2025

Financial Dashboard

Q2 2025 Data

Revenue

$84.60M+7.53%
4-Quarter Trend

EPS

-$0.04-69.69%
4-Quarter Trend

FCF

$17.10M+37.32%
4-Quarter Trend

2025 Q2 Earnings Highlights

Key Highlights

Net Revenue Increased 6% Six months net revenues reached $166.09M USD, up 6% from $156.49M USD, driven by Lending Software Solutions growth.
Gross Profit Margin Expansion Six months gross profit grew 8% to $110.84M USD, outpacing revenue growth due to lower cost of revenues.
Operating Cash Flow Surged Net cash provided by operating activities increased 42% to $61.55M USD for six months ended June 30, 2025.
Net Loss Significantly Reduced Quarterly net loss narrowed to ($3.01M) USD from ($9.67M) USD; six-month loss reduced to ($7.70M) USD.

Risk Factors

Merger Completion Uncertainty Failure to complete the proposed merger, subject to stockholder approval and regulatory clearance, could adversely affect stock price.
Economic Volatility Impact Elevated inflation and interest rates may reduce customer spending on lending and slow down overall business growth rates.
Cybersecurity Incident Exposure Risks remain regarding data breaches, ransomware, and unauthorized access, potentially leading to liability and reputational damage.
Reliance on Offshore Development Significant portion of product development outsourced to India poses risks related to communication efficiency and IP protection.

Outlook

Pending Merger Closing Proposed merger expects stockholder approval to convert common stock to $20.00 cash per share; closing subject to conditions.
CEO Transition Completed CEO Nicolaas Vlok resigned effective October 1, 2025; Laurence E. Katz appointed as new Chief Executive Officer.
Continued Strategic Investment Plans include continued investment in sales, marketing, and R&D to expand customer base and enhance cloud-based solutions.
Evaluating Tax Legislation Impact Evaluating impact of recently passed U.S. tax bill H.R. 1 on provision for income taxes starting Q3 2025.

Peer Comparison

Revenue (TTM)

Alight, Inc.ALIT
$2.29B
-12.4%
Lightspeed Commerce Inc.LSPD
$1.26B
+16.8%
Jamf Holding Corp.JAMF
$690.59M
+12.3%

Gross Margin (Latest Quarter)

PagerDuty, Inc.PD
85.3%
+2.3pp
Jamf Holding Corp.JAMF
76.0%
-1.3pp
Amplitude, Inc.AMPL
73.9%
-1.1pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
JAMF$1.75B-41.9-5.5%36.0%
LSPD$1.59B-2.3-39.0%1.0%
PAR$1.50B-17.7-9.9%29.2%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
1.7%
Moderate Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Reports
All Years
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 11, 2025|
    Revenue: $84.60M+7.5%
    |
    EPS: $-0.04-69.7%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 12, 2025|
    Revenue: $81.49M+4.7%
    |
    EPS: $-0.06-10.8%
    Miss
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Mar 13, 2025|
    Revenue: $316.30M+4.2%
    |
    EPS: $-0.39+26.4%
    Miss
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 7, 2024|
    Revenue: $80.37M+5.1%
    |
    EPS: $-0.09+265.5%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 8, 2024|
    Revenue: $78.68M+4.3%
    |
    EPS: $-0.13+101.2%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 8, 2024|
    Revenue: $77.82M+0.9%
    |
    EPS: $-0.07-2.3%
    Miss
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Mar 12, 2024|
    Revenue: $303.62M+5.4%
    |
    EPS: $-0.53-3391.9%
    Miss
  • Form 10-Q - Q3 2023

    Period End: Sep 30, 2023|Filed: Nov 3, 2023|
    Revenue: $76.49M+6.6%
    |
    EPS: $-0.03-29.0%
    Miss