Reported Earnings • Apr 21
Full year 2025 earnings released: EPS: CA$0.004 (vs CA$0.004 loss in FY 2024) Full year 2025 results: EPS: CA$0.004 (up from CA$0.004 loss in FY 2024). Revenue: CA$28.6m (up 11% from FY 2024). Net income: CA$1.05m (up CA$2.04m from FY 2024). Profit margin: 3.7% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. New Risk • Apr 20
New major risk - Revenue and earnings growth Earnings have declined by 7.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 7.2% per year over the past 5 years. Minor Risk Market cap is less than US$100m (CA$50.8m market cap, or US$37.3m). Reported Earnings • Nov 21
Third quarter 2025 earnings released: EPS: CA$0 (vs CA$0.005 in 3Q 2024) Third quarter 2025 results: EPS: CA$0 (down from CA$0.005 in 3Q 2024). Revenue: CA$5.91m (up 9.6% from 3Q 2024). Net income: CA$59.0k (down 96% from 3Q 2024). Profit margin: 1.0% (down from 25% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 28
Second quarter 2025 earnings released: CA$0.001 loss per share (vs CA$0.001 loss in 2Q 2024) Second quarter 2025 results: CA$0.001 loss per share (in line with 2Q 2024). Revenue: CA$5.63m (down 13% from 2Q 2024). Net loss: CA$352.7k (loss widened 11% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Annonce • Jun 02
Mene Inc., Annual General Meeting, Aug 06, 2025 Mene Inc., Annual General Meeting, Aug 06, 2025. Location: ontario, toronto Canada Reported Earnings • May 07
Full year 2024 earnings released: CA$0.004 loss per share (vs CA$0.008 loss in FY 2023) Full year 2024 results: CA$0.004 loss per share (improved from CA$0.008 loss in FY 2023). Revenue: CA$25.8m (up 11% from FY 2023). Net loss: CA$993.9k (loss narrowed 50% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 36% per year whereas the company’s share price has fallen by 38% per year. Annonce • Apr 09
Huntsman and Mene Inc. Unveil Exclusive 24K Gold and Pure Platinum Accessory Collection Huntsman and Mene Inc. announced an exclusive collaboration. Together, they present a meticulously designed Huntsman x Mene 24K collection of dress studs, cufflinks, and buttons crafted in 24-karat gold and pure platinum, available exclusively on a made-to-order basis. This collaboration unites two brands with a deep commitment to authenticity, artistry, and quality. Huntsman, with over 175 years of tailoring excellence, has long been synonymous with refinement and precision. Designed to last a lifetime and to be passed down through generations, Huntsman suits are more than garments; they are heirlooms that embody tradition, style, and excellence. Mene, known for its revolutionary approach to investment jewellery and innovative design, ensures that every piece in the collection maintains intrinsic value, purity, and timeless appeal. This collaboration brings the same ethos of intergenerational luxury, crafting accessories that are not only aesthetically distinguished but also a true investment in quality and legacy. Mene, whose philosophy revolves around purity and transparency, brings its expertise in 24-karat Gold and pure platinum to the collaboration. This collection of accessories is more than just an adornment; it is a generation investment in craftsmanship, luxury, and enduring value. The Collection: A Statement of Distinction: Designed with meticulous attention to detail, the collection takes inspiration from Huntsman's iconic buttons, seamlessly integrating them into a series of cufflinks, dress studs, and bespoke jacket buttons. In bespoke tailoring, the finishing details make all the difference, elevating a garment from ordinary to truly exceptional. The Mene collection embodies this philosophy, offering refined accessories that complement Huntsman's approach to authentically bespoke tailoring. Each piece is crafted from 24-karat gold and Pure platinum, embodying both the aesthetic sophistication of Savile Row and the investment-grade quality for which Mene is known. Whether for black-tie occasions, professional settings, or heirloom-worthy treasures, these accessories epitomise understated elegance and refinement. With a design that honours Huntsman's heritage while maintaining a contemporary edge, the collection appeals to discerning individuals who appreciate rarity, craftsmanship, and luxury. New Risk • Mar 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (18% average weekly change). Minor Risk Market cap is less than US$100m (CA$33.8m market cap, or US$23.4m). Board Change • Feb 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Andres Finkielsztain was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Jan 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (18% average weekly change). Minor Risk Market cap is less than US$100m (CA$35.1m market cap, or US$24.3m). Reported Earnings • Dec 01
Third quarter 2024 earnings released: EPS: CA$0.005 (vs CA$0.003 loss in 3Q 2023) Third quarter 2024 results: EPS: CA$0.005 (up from CA$0.003 loss in 3Q 2023). Revenue: CA$5.39m (up 26% from 3Q 2023). Net income: CA$1.32m (up CA$1.97m from 3Q 2023). Profit margin: 25% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 42% per year, which means it has not declined as severely as earnings. Annonce • Oct 08
Mene Inc. Announces Change in CFO Mene Inc. announced that Sean Ty has been appointed Chief Financial Officer of the Company in place of Gavin Johnson, effective immediately, following Mr. Johnson’s resignation as CFO for personal reasons. Mr. Ty began his career at Ernst and Young within the commercial real estate, technology, and financial services audit team. Mr. Ty subsequently managed the financial reporting, IFRS, and finance operation for several Canadian listed companies involved in the technology and natural resource sector. Mr. Ty holds a Bachelor of Science Degree from the University of British Columbia and is a Chartered Professional Accountant. Recent Insider Transactions • Aug 12
Co-Founder & Executive Chairman recently bought CA$58k worth of stock On the 8th of August, Roy Sebag bought around 675k shares on-market at roughly CA$0.087 per share. This transaction amounted to 7.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Roy has been a buyer over the last 12 months, purchasing a net total of CA$228k worth in shares. Reported Earnings • Aug 04
Second quarter 2024 earnings released: CA$0.001 loss per share (vs CA$0.003 profit in 2Q 2023) Second quarter 2024 results: CA$0.001 loss per share (down from CA$0.003 profit in 2Q 2023). Revenue: CA$6.46m (up 30% from 2Q 2023). Net loss: CA$319.1k (down 146% from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 24 percentage points per year, which is a significant difference in performance. Annonce • Jul 31
Mene Inc., Annual General Meeting, Oct 10, 2024 Mene Inc., Annual General Meeting, Oct 10, 2024. Location: ontario, toronto Canada New Risk • Jun 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (17% average weekly change). Minor Risk Market cap is less than US$100m (CA$45.5m market cap, or US$33.0m). Reported Earnings • Apr 30
Full year 2023 earnings released: CA$0.008 loss per share (vs CA$0.006 loss in FY 2022) Full year 2023 results: CA$0.008 loss per share (further deteriorated from CA$0.006 loss in FY 2022). Revenue: CA$23.3m (down 14% from FY 2022). Net loss: CA$1.99m (loss widened 36% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 10
Third quarter 2023 earnings released: CA$0.003 loss per share (vs CA$0.001 loss in 3Q 2022) Third quarter 2023 results: CA$0.003 loss per share (further deteriorated from CA$0.001 loss in 3Q 2022). Revenue: CA$4.29m (down 15% from 3Q 2022). Net loss: CA$653.1k (loss widened 164% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Annonce • Sep 09
Mene Inc. Announces Chief Executive Officer Changes Mene Inc. announced that Vincent Gladu has been appointed Chief Executive Officer of the Company. Roy Sebag, who has served as the Company’s Chief Executive Officer since founding Mene in 2017 will be resigning from his position and transitioning to the role of Executive Chairman of Mene's Board of Directors. Vincent brings over 20 years of operational, sales and managerial experience in a variety of fields, including manufacturing, product design, technology commercialization, financial services and B2B/B2C eCommerce. Prior to joining Mene, Vincent was Vice President at goeasy Ltd., a publicly traded consumer lender, where he built and grew the company’s online and brick & mortar Point-Of-Sale business. Annonce • Sep 08
Mene Inc. Appoints Vincent Gladu as President Mene Inc. announced that Vincent Gladu has been appointed President of the Company. Roy Sebag, who has served as the Company’s Chief Executive Officer since founding Mene in 2017 will be resigning from his position and transitioning to the role of Executive Chairman of Mene's Board of Directors. Vincent brings over 20 years of operational, sales and managerial experience in a variety of fields, including manufacturing, product design, technology commercialization, financial services and B2B/B2C eCommerce. Prior to joining Mene, Vincent was Vice President at goeasy Ltd., a publicly traded consumer lender, where he built and grew the company’s online and brick & mortar Point-Of-Sale business. New Risk • Aug 20
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$5.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-CA$5.1m free cash flow). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Market cap is less than US$100m (CA$115.6m market cap, or US$85.3m). Reported Earnings • Aug 19
Second quarter 2023 earnings released: EPS: CA$0.003 (vs CA$0 in 2Q 2022) Second quarter 2023 results: EPS: CA$0.003 (up from CA$0 in 2Q 2022). Revenue: CA$4.98m (down 15% from 2Q 2022). Net income: CA$699.6k (up CA$632.2k from 2Q 2022). Profit margin: 14% (up from 1.2% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. New Risk • Aug 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (18% average weekly change). Minor Risk Market cap is less than US$100m (CA$114.3m market cap, or US$86.0m). Annonce • Aug 01
Mene Inc., Annual General Meeting, Oct 10, 2023 Mene Inc., Annual General Meeting, Oct 10, 2023. Annonce • Jul 23
Mene Inc. Announces Change in CFO Mene Inc. announced that Gavin Johnson has been appointed Chief Financial Officer of the Company in place of Adil Sheikh, effective immediately, following Mr. Sheikh’s resignation as CFO, a position he has held since 2020, in order to pursue a new opportunity. Mr. Johnson attended the University of Cape Town where he obtained his Bachelor of Commerce Degree in Financial Accounting and Post-Graduate Diploma in Accounting and holds the designations of Chartered Accountant South Africa and Canadian Chartered Professional Accountant. He has held senior and managerial positions at Grant Thornton Cape Incorporated (the South African member firm of Grant Thornton International Ltd.), Polyoak Packaging (Pty) Ltd., Deloitte LLP (United Kingdom and Canada) and Altus Group (Canada). Much of his client engagement and industry experience includes working with large manufacturing, engineering consultancy, construction, and SaaS entities. Reported Earnings • Jun 02
First quarter 2023 earnings released: CA$0.002 loss per share (vs CA$0.001 loss in 1Q 2022) First quarter 2023 results: CA$0.002 loss per share (further deteriorated from CA$0.001 loss in 1Q 2022). Revenue: CA$7.15m (down 2.6% from 1Q 2022). Net loss: CA$634.1k (loss widened 141% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 30
Full year 2022 earnings released: CA$0.006 loss per share (vs CA$0 in FY 2021) Full year 2022 results: CA$0.006 loss per share (further deteriorated from CA$0 in FY 2021). Revenue: CA$26.9m (flat on FY 2021). Net loss: CA$1.46m (loss widened CA$1.43m from FY 2021). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 29
Third quarter 2022 earnings released: CA$0.001 loss per share (vs CA$0.001 loss in 3Q 2021) Third quarter 2022 results: CA$0.001 loss per share (in line with 3Q 2021). Revenue: CA$5.05m (down 5.0% from 3Q 2021). Net loss: CA$247.9k (loss narrowed 8.8% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Sep 15
Independent Director recently sold CA$51k worth of stock On the 7th of September, Joshua Crumb sold around 102k shares on-market at roughly CA$0.50 per share. This transaction amounted to 72% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Aug 27
Second quarter 2022 earnings released: EPS: CA$0 (vs CA$0.001 loss in 2Q 2021) Second quarter 2022 results: EPS: CA$0 (up from CA$0.001 loss in 2Q 2021). Revenue: CA$5.85m (up 1.7% from 2Q 2021). Net income: CA$67.4k (up CA$255.8k from 2Q 2021). Profit margin: 1.2% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Annonce • Aug 13
Mene Inc. (TSXV:MENE) entered into an agreement to acquire Substantially all of the Assets of a Manufacturing Facility in the United States for $1 million. Mene Inc. (TSXV:MENE) entered into an agreement to acquire Substantially all of the Assets of a Manufacturing Facility in the United States for $1 million on July 5, 2022. Pursuant to the terms of the agreement, the total consideration payable is $1 million, payable at closing of the purchase agreement as follows: (i) $500,000 payable in cash, and (ii) $500,000 (based on the close of business exchange rate reported by the Bank of Canada on the day prior to the date of issuance) by the delivery of 1,206,583 common shares of Mene Inc. The closing of the transaction is subject to closing conditions and the receipt of all applicable regulatory approvals including the approval of the TSX Venture Exchange. Reported Earnings • Jun 01
First quarter 2022 earnings released: CA$0.001 loss per share (vs CA$0.003 profit in 1Q 2021) First quarter 2022 results: CA$0.001 loss per share (down from CA$0.003 profit in 1Q 2021). Revenue: CA$7.35m (up 2.0% from 1Q 2021). Net loss: CA$263.6k (down 139% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 28
Full year 2021 earnings released: EPS: CA$0 (vs CA$0.014 loss in FY 2020) Full year 2021 results: EPS: CA$0 (up from CA$0.014 loss in FY 2020). Revenue: CA$26.8m (up 27% from FY 2020). Net loss: CA$32.6k (loss narrowed 99% from FY 2020). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Annonce • Feb 01
Mene Inc. Announces Executive Changes Mene Inc. announced that Tommaso Chiabra has resigned as an independent director of the Company, effective immediately. The Company also announced that effective immediately, Mr. Andres Finkielsztain has been appointed as an independent director. Mr. Finkielsztain is the Founding Managing Partner of FinkWald LLC, a private investment office specializing in private equity, real estate, media, and technology. He is also the co-head of the Special Situations division at Banco Industrial in Argentina, where he analyzes and provides financing solutions to Argentinean-based companies and institutions. Mr. Finkielsztain previously served as a financial advisor for Soros Brothers Investments (SBI), a private investment office founded in 2011 by Alexander and Gregory Soros, and as an analyst for Emerging Markets at Soros Fund Management LLC. Reported Earnings • Nov 24
Third quarter 2021 earnings: Revenues in line with analyst expectations Third quarter 2021 results: Revenue: CA$5.32m (down 1.9% from 3Q 2020). Net loss: CA$271.9k (loss narrowed 29% from 3Q 2020). Revenue was in line with analyst estimates. Reported Earnings • Sep 01
Second quarter 2021 earnings released: CA$0.001 loss per share (vs CA$0.004 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: CA$5.75m (up 67% from 2Q 2020). Net loss: CA$188.4k (loss narrowed 82% from 2Q 2020). Recent Insider Transactions • Jun 19
Independent Director recently sold CA$98k worth of stock On the 15th of June, Tommaso Chiabra sold around 161k shares on-market at roughly CA$0.61 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$134k more than they bought in the last 12 months. Reported Earnings • Jun 04
First quarter 2021 earnings released: EPS CA$0.003 (vs CA$0.008 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CA$7.20m (up 40% from 1Q 2020). Net income: CA$672.3k (up CA$2.53m from 1Q 2020). Profit margin: 9.3% (up from net loss in 1Q 2020). The move to profitability was primarily driven by higher revenue. Reported Earnings • May 03
Full year 2020 earnings released The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: CA$21.1m (up 62% from FY 2019). Net loss: CA$3.34m (loss narrowed 51% from FY 2019). Is New 90 Day High Low • Mar 06
New 90-day low: CA$0.54 The company is down 14% from its price of CA$0.63 on 04 December 2020. The Canadian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 19% over the same period. Is New 90 Day High Low • Dec 25
New 90-day high: CA$0.73 The company is up 20% from its price of CA$0.61 on 25 September 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Luxury industry, which is up 23% over the same period.