Mene (MENE) AI Stock Analysis

• Market Cap: C$41.57M
• Dividend Yield: N/A
• Average Volume (3M): 27.63K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.83
• Revenue Growth: 22.39%
• EPS Growth: 90.55%
• Country: CA
• Employees: N/A
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Luxury Goods
• EPS (TTM): >-0.01
• Shares Outstanding: 149,488,750
• 10 Day Avg. Volume: 15,049
• 30 Day Avg. Volume: 27,628
• 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: Hold
• Number of Analyst Covering: 0

• Rating: 49 Neutral
• Price Target: C$0.00 ▼(-100.00% Downside)

Mene's overall stock score is primarily impacted by its financial performance, which shows significant challenges in profitability and cash flow management. Technical analysis suggests a neutral trend with potential bearish momentum, while valuation metrics are unattractive due to negative earnings and lack of dividends. The absence of earnings call insights and corporate events leaves these areas unaddressed.

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 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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	27.47M	25.80M	23.29M	26.91M	26.77M	21.13M
Gross Profit	7.90M	7.47M	5.83M	6.64M	6.52M	5.20M
EBITDA	358.23K	-382.00K	-1.40M	-769.00K	332.79K	-2.11M
Net Income	-318.73K	-994.00K	-1.99M	-1.46M	-32.64K	-3.35M
Balance Sheet
Total Assets	19.24M	21.05M	18.22M	31.71M	29.69M	32.95M
Cash, Cash Equivalents and Short-Term Investments	7.17M	7.57M	8.26M	13.27M	8.91M	14.43M
Total Debt	630.76K	725.30K	768.24K	12.35M	10.42M	20.22M
Total Liabilities	2.11M	3.28M	2.24M	14.25M	12.07M	21.44M
Stockholders Equity	17.13M	17.77M	15.98M	17.47M	17.62M	11.50M
Cash Flow
Free Cash Flow	649.42K	-612.41K	-868.22K	3.97M	-1.05M	-5.42M
Operating Cash Flow	819.72K	-491.58K	-854.62K	4.70M	-1.02M	-5.37M
Investing Cash Flow	-170.29K	-120.83K	11.70M	-11.51M	3.97M	10.95M
Financing Cash Flow	-154.02K	-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: Negative

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 0.16, and above the 200-day MA of 0.14, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 52.84 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, 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	67 Neutral	C$39.09M	41.97	7.06%	―	18.44%	―
KDOZ	63 Neutral	C$31.51M	57.50	―	―	17.05%	―
MENE	49 Neutral	C$41.57M	―	-1.67%	―	22.39%	90.55%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%

Mene Corporate Events

Menē Inc. Reports Q2 2025 Financial Results with Focus on US Market Growth

Menē Inc. reported a decrease in revenue for the second quarter of 2025, with a 13% year-over-year decline to $5.6 million. Despite the drop in revenue, the company maintained a consistent gross profit margin of 27%. The company sold 42 kilograms of jewelry, amounting to 4,107 units, and introduced 30 new product designs. Sales to returning customers accounted for 69% of total sales, indicating strong customer loyalty. The company has successfully reduced distribution costs by approximately 45%, resulting in significant savings. Menē aims to focus on sustained revenue growth in its core market, the USA, by increasing the number of orders and new customers.