Mene (MENE) AI Stock Analysis

• Market Cap: $41.65M
• Dividend Yield: N/A
• Average Volume (3M): 29.51K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.86
• Revenue Growth: 22.39%
• EPS Growth: 90.55%
• Country: CA
• Employees: N/A
• Sector: Consumer Cyclical
• Sector Strength: 80
• Industry: Luxury Goods
• EPS (TTM): >-0.01
• Shares Outstanding: 149,953,460
• 10 Day Avg. Volume: 38,960
• 30 Day Avg. Volume: 29,512
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.75
• Enterprise Value/Revenue: 1.21
• Enterprise Value/Gross Profit: 4.18
• Enterprise Value/Ebitda: -81.89
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 58 Neutral
• Price Target: C$0.00 ▼(-100.00% Downside)

Mene's stock score is primarily influenced by its strong revenue growth and strategic initiatives, as highlighted in recent corporate events. However, financial performance challenges, particularly in profitability and cash flow management, weigh down the score. Technical indicators show moderate bullish momentum, but valuation concerns due to negative earnings and lack of dividends further impact the overall score.

Mene Business Overview & Revenue Model

Company Description

Mene (MENE) is a direct-to-consumer jewelry brand that specializes in offering high-quality, ethically sourced gold and diamond jewelry. The company operates primarily in the luxury goods sector and focuses on providing transparent pricing and a unique buying experience through its online platform. Mene's core products include a wide range of fine jewelry items, such as rings, necklaces, and bracelets, designed for both personal use and gifting.

How the Company Makes Money

Mene generates revenue primarily through the sale of its jewelry products directly to consumers via its e-commerce platform. The company's revenue model is based on a transparent pricing structure that allows customers to see the actual value of the gold and diamonds used in their purchases, as well as the costs associated with craftsmanship. Key revenue streams include the sale of its fine jewelry collections, which are priced based on the current market value of the materials. Additionally, Mene may benefit from partnerships with influencers and collaborations within the fashion and luxury sectors, which can enhance brand visibility and drive sales. The company's commitment to ethical sourcing and transparency can also attract a customer base that values sustainability and responsible consumption, contributing positively to its earnings.

Mene Financial Statement Overview

Summary

Mene faces challenges in achieving consistent profitability and positive cash flow, with negative margins and fluctuating revenues. The balance sheet shows a reasonable equity position but with significant leverage risks. The company must focus on improving operational efficiency and cash flow management to enhance financial stability.

Income Statement

Mene's revenue has shown inconsistent growth over the years. The gross profit margin improved slightly in the latest year, but the net profit margin remains negative, indicating challenges in achieving profitability. EBIT and EBITDA margins are also negative, suggesting operational inefficiencies.

Balance Sheet

The company has maintained a positive equity position with an improving debt-to-equity ratio. However, the total debt is significant relative to equity, which poses a leverage risk. The equity ratio has been relatively stable, indicating a balanced asset financing structure.

Cash Flow

Mene's cash flow from operations has been negative recently, though there was a significant positive free cash flow in 2022. The free cash flow to net income ratio is challenging to evaluate due to consistent net losses. Overall, cash flow management requires attention.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	25.80M	23.29M	26.91M	26.77M	21.13M
Gross Profit	7.47M	5.83M	6.64M	6.52M	5.20M
EBITDA	-382.00K	-1.40M	-769.00K	332.79K	-2.11M
Net Income	-994.00K	-1.99M	-1.46M	-32.64K	-3.35M
Balance Sheet
Total Assets	21.05M	18.22M	31.71M	29.69M	32.95M
Cash, Cash Equivalents and Short-Term Investments	7.57M	8.26M	13.27M	8.91M	14.43M
Total Debt	725.30K	768.24K	12.35M	10.42M	20.22M
Total Liabilities	3.28M	2.24M	14.25M	12.07M	21.44M
Stockholders Equity	17.77M	15.98M	17.47M	17.62M	11.50M
Cash Flow
Free Cash Flow	-612.41K	-868.22K	3.97M	-1.05M	-5.42M
Operating Cash Flow	-491.58K	-854.62K	4.70M	-1.02M	-5.37M
Investing Cash Flow	-120.83K	11.70M	-11.51M	3.97M	10.95M
Financing Cash Flow	-148.60K	-3.73M	13.98K	-4.69M	-9.30M

Mene Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.16
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MENE, the sentiment is Neutral. The current price of 0.16 is below the 20-day moving average (MA) of 0.17, above the 50-day MA of 0.16, and above the 200-day MA of 0.14, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 46.05 is Neutral, neither overbought nor oversold. The STOCH value of 36.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:MENE.

Mene Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IFA	64 Neutral	C$30.91M	34.75	4.36%	―	18.44%	―
KDOZ	63 Neutral	C$28.89M	55.00	5.76%	―	17.05%	―
Sector *	61 Neutral	$17.87B	13.25	-4.88%	3.05%	1.25%	-14.67%
MENE	58 Neutral	$41.65M	―	-1.67%	―	22.39%	90.55%
AEG	―	C$29.85M	―	6.84%	―	―	―
FRSH	―	C$54.05M	―	-7.73%	―	―	―
HASH	―	C$36.30M	32.61	27.46%	―	―	―

Mene Corporate Events

Menē Inc. Achieves 52% Revenue Growth in Q1 2025

Menē Inc. reported a significant 52% increase in revenue for the first quarter of 2025, reaching $7.3 million. Despite a slight decrease in the number of orders, the company improved its comprehensive loss and maintained a steady gross profit margin. Menē introduced new product designs and focused on retaining customers, with 68% of sales coming from returning buyers. The company plans to enhance its market presence through strategic PR activities, partnerships, and personalized customer experiences to drive sustainable growth.