Mene (MENE) AI Stock Analysis

• Market Cap: C$36.44M
• Dividend Yield: N/A
• Average Volume (3M): 36.33K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.91
• 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: 19,640
• 30 Day Avg. Volume: 36,332
• PEG Ratio: -0.46
• Price to Book (P/B): 2.24
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 119.53
• 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

• Rating: 51 Neutral
• Price Target: C$0.00 ▼(-100.00%Downside)

Mene's stock score is primarily challenged by its financial performance and valuation concerns, with negative profitability and a lack of dividend yield. However, recent growth and strategic partnerships provide some positive outlooks. Technical indicators offer no strong directional signals, contributing to the neutral assessment.

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 shows signs of financial recovery with positive revenue growth and improved cash flow management. However, persistent net losses and operational inefficiencies pose challenges. The balance sheet is strong with reduced debt, but profitability remains a concern.

Income Statement

Mene's TTM revenue growth rate is marginally positive, indicating slight recovery. However, consistent negative net income leads to a negative net profit margin, suggesting challenges in achieving profitability. The gross profit margin remains stable, yet low EBIT and EBITDA margins highlight operational inefficiencies.

Balance Sheet

The company significantly reduced its debt, improving its debt-to-equity ratio. Nonetheless, negative net income impacts the ROE negatively. The equity ratio is fairly strong, indicating a solid equity base relative to total assets.

Cash Flow

The cash flow situation has improved, with a positive free cash flow in the TTM, showing better capital management. The operating cash flow to net income ratio is positive, suggesting operational cash flow generation is better relative to its net losses.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
23.54M	23.29M	26.91M	26.77M	21.13M	13.06M
	Gross Profit
6.19M	5.83M	6.64M	6.52M	5.20M	2.74M
	EBIT
-805.12K	-1.21M	-314.58K	692.48K	-1.20M	-5.74M
	EBITDA
-884.75K	-1.39M	-768.73K	332.79K	-2.11M	-5.24M
	Net Income Common Stockholders
-1.32M	-1.99M	-1.46M	-32.64K	-2.73M	-7.19M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
720.86K	8.26M	13.27M	8.91M	14.43M	29.05M
	Total Assets
17.32M	18.22M	31.71M	29.69M	32.95M	43.14M
	Total Debt
0.00	768.24K	12.35M	10.42M	20.22M	27.05M
	Net Debt
-720.86K	-7.33M	11.30M	2.94M	11.08M	14.07M
	Total Liabilities
655.80K	2.24M	14.25M	12.07M	21.44M	28.02M
	Stockholders Equity
16.67M	15.98M	17.47M	17.62M	11.50M	15.13M
Cash Flow		Free Cash Flow
326.66K	-868.22K	3.97M	-1.05M	-5.42M	-3.46M
	Operating Cash Flow
328.06K	-854.62K	4.70M	-1.02M	-5.37M	-3.40M
	Investing Cash Flow
5.00M	11.70M	-11.51M	3.97M	10.95M	-2.30M
	Financing Cash Flow
-1.58M	-3.73M	13.98K	-4.69M	-9.30M	16.66M

Mene Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.14
• 50DMA: Negative
• 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 Positive. The current price of 0.14 is below the 20-day moving average (MA) of 0.15, 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 49.03 is Neutral, neither overbought nor oversold. The STOCH value of 52.62 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
IFA	68 Neutral	C$31.36M	26.81	5.50%	―	21.12%	―
KDOZ	63 Neutral	C$33.48M	20.33	15.79%	―	7.31%	―
Sector *	62 Neutral	$6.83B	11.28	2.95%	3.88%	2.70%	-24.56%
MENE	51 Neutral	C$36.44M	―	-1.51%	―	35.02%	87.50%
AEG		C$31.81M	―	6.54%	―	―	―
FRSH		C$47.99M	―	-11.43%	―	―	―
HASH		C$15.29M	29.19	-47.89%	―	―	―

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.

Huntsman and Menē Launch Exclusive 24K Gold and Platinum Accessory Collection

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.