Mene (TSE:MENE) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Menē Inc., an online 24 karat jewelry brand, reported a 30% year-over-year increase in IFRS revenue, reaching $6.5 million for the second quarter of 2024. Despite this growth, the company experienced a comprehensive loss of $0.3 million and showcased a strong customer retention rate with 72% of sales coming from returning customers.
For further insights into TSE:MENE stock, check out TipRanks’ Stock Analysis page.