Mene (MENE) AI Stock Analysis

• Market Cap: $41.65M
• Dividend Yield: N/A
• Average Volume (3M): 9.79K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.70
• Revenue Growth: 35.02%
• EPS Growth: 87.50%
• Country: CA
• Employees: N/A
• Sector: Consumer Cyclical
• Sector Strength: 68
• Industry: Luxury Goods
• EPS (TTM): N/A
• Shares Outstanding: 149,953,460
• 10 Day Avg. Volume: 19,063
• 30 Day Avg. Volume: 9,787
• PEG Ratio: -1.40
• Price to Book (P/B): 2.19
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -63.75
• 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: Hold
• Number of Analyst Covering: 0

• Rating: 56 Neutral
• Price Target: C$0.00 ▼(-100.00%Downside)

The overall stock score is influenced primarily by financial performance and valuation challenges. Despite negative margins and valuation metrics, there are positive technical trends. Corporate events suggest potential for future growth, but financial stability remains a key area for improvement.

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 brand. The company retails its jewelry products directly to consumer through its mene.com website. The company is based in Toronto, Canada.

How the Company Makes Money

Mene makes money by selling high-quality 24-karat gold and platinum jewelry directly to consumers through its online platform. The company generates revenue by adding a transparent margin over the real-time market price of the precious metals, which covers design, manufacturing, and operational costs. Mene's pricing model allows customers to see the exact breakdown of metal value and design fees, promoting trust and transparency. Additionally, Mene benefits from repeat purchases and customer loyalty driven by its investment-oriented approach to jewelry. The company does not rely on traditional retail markups, which enables it to appeal to consumers looking for both luxury and value in their jewelry purchases.

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 significant leverage risks. Improvements in operational efficiency and cash flow management are needed.

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: Positive
• Last Price: 0.16
• 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 0.16 is above the 20-day moving average (MA) of 0.15, above the 50-day MA of 0.15, and above the 200-day MA of 0.13, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 55.93 is Neutral, neither overbought nor oversold. The STOCH value of 41.67 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
KDOZ	63 Neutral	C$30.20M	20.33	15.79%	―	7.31%	―
Sector *	62 Neutral	$16.95B	11.10	-7.23%	3.24%	1.71%	-24.93%
IFA	60 Neutral	C$27.72M	23.06	5.50%	―	21.12%	―
MENE	56 Neutral	$41.65M	―	-1.51%	―	35.02%	87.50%
AEG	―	C$31.56M	―	6.54%	―	―	―
FRSH	―	C$48.81M	―	-11.43%	―	―	―
HASH	―	C$30.58M	60.78	20.98%	―	―	―

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.

Menē Inc. Reports Strong Revenue Growth Amid Operational Restructuring

Menē Inc. reported a 33% increase in fourth-quarter revenue to $9.1 million, with a gross profit margin of 31%, despite a comprehensive loss of $0.3 million. For the fiscal year 2024, the company achieved annual revenue of $25.8 million and introduced 75 new product designs, focusing on restructuring operations to become more agile and efficient, which included minimizing inventory and repatriating outsourced operations.