Mene (MENE) AI Stock Analysis

• Market Cap: C$52.15M
• Dividend Yield: N/A
• Average Volume (3M): 20.20K
• Price to Earnings (P/E): 176.7
• Beta (1Y): 0.44
• Revenue Growth: 18.89%
• EPS Growth: -19.61%
• Country: CA
• Employees: N/A
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Luxury Goods
• EPS (TTM): 0.00
• Shares Outstanding: 150,418,170
• 10 Day Avg. Volume: 23,377
• 30 Day Avg. Volume: 20,200
• PEG Ratio: 0.59
• Price to Book (P/B): 1.68
• Price to Sales (P/S): 1.16
• P/FCF Ratio: -48.82
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 62 Neutral
• Price Target: C$0.27 ▲(76.67% Upside)
• Action: Reiterated Date: 01/30/26
• Date: Action: Reiterated 01/30/26

The score is driven primarily by improving fundamentals (sharp revenue acceleration, stronger cash flow, and a low-leverage balance sheet) and supportive technical momentum (price above key moving averages with positive MACD). These positives are tempered by continued net losses (negative P/E) and the lack of valuation support from profitability or dividends.

Positive Factors

Revenue Acceleration

Sustained sharp top-line growth with steady high-20% gross margins indicates durable demand and pricing discipline for Mene's core products. Over a 2–6 month horizon this supports scalable unit economics and reinvestment capacity, reinforcing the direct-to-consumer model's long-term viability.

Negative Factors

Ongoing Net Losses

Despite revenue traction, continuing and widening net losses indicate the business has not yet achieved operating profitability. Persistent losses undermine return generation, limit internal funding for expansion, and require sustained margin improvement or structural cost reductions to reach durable profitability.

Mene Business Overview & Revenue Model

Company Description

Mene Inc. designs, manufactures, and markets 24 karat gold and platinum jewelry in the United States, Canada, Europe, and internationally. It offers charms, chains, bands, earrings, pendants, rings, bracelets, gifts, and medallions under the Mene ...

Read more

Mene Inc. designs, manufactures, and markets 24 karat gold and platinum jewelry in the United States, Canada, Europe, and internationally. It offers charms, chains, bands, earrings, pendants, rings, bracelets, gifts, and medallions under the Mene ...

How the Company Makes Money

Mene generates revenue primarily through direct sales of its jewelry products via its e-commerce platform. The company employs a unique pricing model that emphasizes transparency, allowing customers to see the intrinsic value of the materials used...

Read more

Mene generates revenue primarily through direct sales of its jewelry products via its e-commerce platform. The company employs a unique pricing model that emphasizes transparency, allowing customers to see the intrinsic value of the materials used...

Mene Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	27.99M	25.80M	23.29M	26.91M	26.77M	21.13M
Gross Profit	7.84M	7.47M	5.83M	6.64M	6.52M	5.20M
EBITDA	-859.60K	-382.00K	-1.40M	-769.00K	332.79K	-2.11M
Net Income	-1.58M	-994.00K	-1.99M	-1.46M	-32.64K	-3.35M
Balance Sheet
Total Assets	20.03M	21.05M	18.22M	31.71M	29.69M	32.95M
Cash, Cash Equivalents and Short-Term Investments	7.96M	7.57M	8.26M	13.27M	8.91M	14.43M
Total Debt	613.92K	725.30K	768.24K	12.35M	10.42M	20.22M
Total Liabilities	2.41M	3.28M	2.24M	14.25M	12.07M	21.44M
Stockholders Equity	17.62M	17.77M	15.98M	17.47M	17.62M	11.50M
Cash Flow
Free Cash Flow	2.71M	-612.41K	-868.22K	3.97M	-1.05M	-5.42M
Operating Cash Flow	2.89M	-491.58K	-854.62K	4.70M	-1.02M	-5.37M
Investing Cash Flow	-173.44K	-120.83K	11.70M	-11.51M	3.97M	10.95M
Financing Cash Flow	-227.84K	-148.60K	-3.73M	13.98K	-4.69M	-9.30M

Mene Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.15
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• 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 Positive. The current price of 0.15 is below the 20-day moving average (MA) of 0.20, below the 50-day MA of 0.20, and below the 200-day MA of 0.17, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 53.66 is Neutral, neither overbought nor oversold. The STOCH value of 73.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:MENE.

Mene Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ATZ	74 Outperform	C$13.29B	23.21	29.12%	―	26.51%	172.52%
MENE	62 Neutral	C$52.15M	176.66	-8.97%	―	18.89%	-19.61%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
GOOS	58 Neutral	C$1.43B	3.20	4.23%	―	3.78%	-54.87%
CKI	52 Neutral	C$317.72M	22.10	4.61%	―	9.29%	47.73%

Mene Corporate Events