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Mene Class B (TSE:MENE)
:MENE

Mene (MENE) AI Stock Analysis

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Mene

(OTC:MENE)

Rating:51Neutral
Price Target:
C$0.00
▼(-100.00%Downside)
Mene's overall stock score is heavily influenced by its financial challenges, including negative profitability and cash flow issues. While technical indicators suggest a bearish trend, recent corporate events provide a positive outlook with strong revenue growth and strategic initiatives. However, valuation concerns due to negative earnings weigh down the score.

Mene (MENE) vs. iShares MSCI Canada ETF (EWC)

Mene Business Overview & Revenue Model

Company DescriptionMene (MENE) is a luxury brand that specializes in crafting and selling pure 24-karat gold and platinum jewelry. Founded with the mission to provide transparency and value in the jewelry market, Mene offers a unique approach by pricing its products based on the real-time value of gold and platinum, plus a transparent design and manufacturing fee. The company operates primarily through an e-commerce platform, allowing customers to purchase investment-grade jewelry directly online.
How the Company Makes MoneyMene 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 profitability and cash flow, with negative margins and fluctuating revenues. Despite a reasonable equity position, leverage risks are significant. Improvement in operational efficiency and cash flow management is necessary.
Income Statement
45
Neutral
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
60
Neutral
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
50
Neutral
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.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue25.80M23.29M26.91M26.77M21.13M
Gross Profit7.47M5.83M6.64M6.52M5.20M
EBITDA-382.00K-1.40M-769.00K332.79K-2.11M
Net Income-994.00K-1.99M-1.46M-32.64K-3.35M
Balance Sheet
Total Assets21.05M18.22M31.71M29.69M32.95M
Cash, Cash Equivalents and Short-Term Investments7.57M8.26M13.27M8.91M14.43M
Total Debt725.30K768.24K12.35M10.42M20.22M
Total Liabilities3.28M2.24M14.25M12.07M21.44M
Stockholders Equity17.77M15.98M17.47M17.62M11.50M
Cash Flow
Free Cash Flow-612.41K-868.22K3.97M-1.05M-5.42M
Operating Cash Flow-491.58K-854.62K4.70M-1.02M-5.37M
Investing Cash Flow-120.83K11.70M-11.51M3.97M10.95M
Financing Cash Flow-148.60K-3.73M13.98K-4.69M-9.30M

Mene Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.14
Price Trends
50DMA
0.14
Negative
100DMA
0.14
Negative
200DMA
0.13
Positive
Market Momentum
MACD
>-0.01
Positive
RSI
43.44
Neutral
STOCH
11.11
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MENE, the sentiment is Negative. The current price of 0.14 is below the 20-day moving average (MA) of 0.14, below the 50-day MA of 0.14, and above the 200-day MA of 0.13, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 43.44 is Neutral, neither overbought nor oversold. The STOCH value of 11.11 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:MENE.

Mene Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSIFA
68
Neutral
C$30.00M25.655.50%21.12%
63
Neutral
C$34.14M21.1415.79%7.31%
61
Neutral
C$5.16B10.9218.94%4.26%5.08%6.52%
51
Neutral
C$35.14M-1.51%35.02%87.50%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:MENE
Mene
0.14
0.02
12.50%
TSE:KDOZ
Kidoz Inc
0.26
0.10
62.50%
TSE:IFA
iFabric
0.99
-0.06
-5.71%

Mene Corporate Events

Business Operations and StrategyFinancial Disclosures
Menē Inc. Achieves 52% Revenue Growth in Q1 2025
Positive
May 28, 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.

Business Operations and StrategyFinancial Disclosures
Menē Inc. Reports Strong Revenue Growth Amid Operational Restructuring
Positive
May 1, 2025

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.

Product-Related Announcements
Huntsman and Menē Launch Exclusive 24K Gold and Platinum Accessory Collection
Positive
Apr 8, 2025

Huntsman and Menē have announced an exclusive collaboration to launch a collection of 24-karat gold and pure platinum accessories, including dress studs, cufflinks, and buttons, available on a made-to-order basis. This partnership merges Huntsman’s legacy of tailoring excellence with Menē’s expertise in investment jewelry, creating pieces that are both luxurious and valuable. The collection, which embodies craftsmanship and elegance, will be available at Huntsman’s flagship locations and online, appealing to individuals who value rarity and quality.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 27, 2025