Welcome to our dedicated page for Mene news (Ticker: MENEF), a resource for investors and traders seeking the latest updates and insights on Mene stock.
Menē Inc. (MENEF) is an online 24 karat jewelry brand that regularly publishes detailed updates on its operations and financial performance. The company crafts pure 24 karat gold and platinum jewelry that is sold by gram weight, and its news releases provide insight into how this model translates into revenue, margins, and customer activity.
Investors and followers of Menē can use this news feed to review quarterly financial results prepared under IFRS, along with key performance indicators such as units of jewelry sold, jewelry weight sold in kilograms, customer orders, and inventory balances measured in kilograms of gold. Menē also reports non-IFRS measures, including Non-IFRS Adjusted Revenue, Non-IFRS Adjusted Income (loss), Adjusted EBITDA, and Tangible Common Equity, and explains how these are derived from IFRS figures.
Beyond numbers, Menē’s news often covers operational highlights, including the number of new product designs introduced in a quarter, the share of sales from returning customers, and milestones in cumulative units of jewelry sold. The company also reports media features in fashion and lifestyle publications, collaborations such as the Huntsman x Menē 24K accessory collection, and brand-focused announcements like surpassing a stated milestone of total gold and platinum held by clients.
Corporate developments, such as changes in senior finance roles, stock option grants, and the repayment of a precious metal loan facility, are also disclosed through these releases. Readers who follow Menē’s news can track how management describes its operational transformation, cost structure, and focus on long-term growth and brand positioning. This page brings together these updates in one place for anyone researching MENEF and the company’s ongoing activities.
Menē Inc. (TSX-V:MENE) announced its Q3 2022 financial results, reporting IFRS Revenue of
Menē Inc. (TSX-V:MENE) (US:MENEF) reported its financial results for Q2 2022, showcasing a 2% YoY revenue increase to
Menē Inc. (TSX-V:MENE) (US:MENEF) reported Q1 2022 results with record operating income of $0.3 million, up 44% YoY. IFRS revenue was $7.3 million, a 2% increase, while Non-IFRS adjusted revenue reached $9.3 million, rising 12% YoY. Gross profit also climbed to $2 million (12% increase) with a gross margin of 27%. The company generated $4.3 million in free cash flow and recorded a strong cash position of $11.6 million. However, a net loss of $0.3 million was reported, stemming from a market-to-market revaluation of a precious metal loan.
Menē Inc. (US:MENEF) reported record financial results for Q4 and FY 2021, achieving IFRS revenue of
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