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Mene ( (TSE:MENE) ) has issued an announcement.
Menē Inc. reported a 10% increase in revenue for the third quarter of 2025, reaching $5.9 million, with a gross profit margin maintained at 30%. Despite a decrease in new customer acquisitions and orders, the company saw a 32% rise in average order value, attributed to strategic sales initiatives. Menē introduced 20 new product designs and achieved 73% of sales from returning customers, indicating strong brand loyalty. The company’s strategic focus remains on sustaining revenue growth in the US market, with ongoing efforts to enhance customer acquisition and order volumes.
Spark’s Take on TSE:MENE Stock
According to Spark, TipRanks’ AI Analyst, TSE:MENE is a Neutral.
Mene’s overall stock score is primarily impacted by its financial performance challenges, including negative profitability and cash flow issues. Technical analysis provides some support with positive price trends, but valuation remains a concern due to the negative P/E ratio. The absence of earnings call data and corporate events limits additional insights.
To see Spark’s full report on TSE:MENE stock, click here.
More about Mene
Menē Inc. operates in the jewelry industry, focusing on online sales of 24 karat gold jewelry. The company is known for its high-quality products and has a market focus primarily in the USA.
Average Trading Volume: 26,972
Technical Sentiment Signal: Buy
Current Market Cap: C$46.77M
Learn more about MENE stock on TipRanks’ Stock Analysis page.