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Melodiol Global Health ASX:ME1 Stock Report

Last Price

AU$0.003

Market Cap

AU$2.0m

7D

20.0%

1Y

-98.9%

Updated

18 May, 2024

Data

Company Financials

Melodiol Global Health Limited

ASX:ME1 Stock Report

Market Cap: AU$2.0m

ME1 Stock Overview

Engages in the development, cultivation, and distribution of recreational and medical cannabis products in Europe, Canada, Australia, and the Asia Pacific.

ME1 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Melodiol Global Health Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Melodiol Global Health
Historical stock prices
Current Share PriceAU$0.003
52 Week HighAU$0.26
52 Week LowAU$0.002
Beta2.56
1 Month Change-25.00%
3 Month Change-78.57%
1 Year Change-98.93%
3 Year Change-99.91%
5 Year Change-99.97%
Change since IPO-99.94%

Recent News & Updates

Melodiol Global Health Limited (ASX:ME1) Stock's 40% Dive Might Signal An Opportunity But It Requires Some Scrutiny

May 01
Melodiol Global Health Limited (ASX:ME1) Stock's 40% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Investors Give Melodiol Global Health Limited (ASX:ME1) Shares A 59% Hiding

Mar 02
Investors Give Melodiol Global Health Limited (ASX:ME1) Shares A 59% Hiding

Recent updates

Melodiol Global Health Limited (ASX:ME1) Stock's 40% Dive Might Signal An Opportunity But It Requires Some Scrutiny

May 01
Melodiol Global Health Limited (ASX:ME1) Stock's 40% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Investors Give Melodiol Global Health Limited (ASX:ME1) Shares A 59% Hiding

Mar 02
Investors Give Melodiol Global Health Limited (ASX:ME1) Shares A 59% Hiding

Here's Why Creso Pharma (ASX:CPH) Can Afford Some Debt

May 11
Here's Why Creso Pharma (ASX:CPH) Can Afford Some Debt

Shareholder Returns

ME1AU PharmaceuticalsAU Market
7D20.0%5.0%0.7%
1Y-98.9%50.7%7.8%

Return vs Industry: ME1 underperformed the Australian Pharmaceuticals industry which returned 50.6% over the past year.

Return vs Market: ME1 underperformed the Australian Market which returned 7.8% over the past year.

Price Volatility

Is ME1's price volatile compared to industry and market?
ME1 volatility
ME1 Average Weekly Movement40.7%
Pharmaceuticals Industry Average Movement9.9%
Market Average Movement9.0%
10% most volatile stocks in AU Market17.6%
10% least volatile stocks in AU Market3.4%

Stable Share Price: ME1's share price has been volatile over the past 3 months.

Volatility Over Time: ME1's weekly volatility has decreased from 53% to 41% over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2015n/aWill Laymelodiolglobalhealth.com

Melodiol Global Health Limited engages in the development, cultivation, and distribution of recreational and medical cannabis products in Europe, Canada, Australia, and the Asia Pacific. It is involved in the development and commercialisation of nutraceutical products; and medical supplies business. The company was formerly known as Creso Pharma Limited and changed its name to Melodiol Global Health Limited in June 2023.

Melodiol Global Health Limited Fundamentals Summary

How do Melodiol Global Health's earnings and revenue compare to its market cap?
ME1 fundamental statistics
Market capAU$2.02m
Earnings (TTM)-AU$35.52m
Revenue (TTM)AU$18.92m

0.1x

P/S Ratio

-0.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ME1 income statement (TTM)
RevenueAU$18.92m
Cost of RevenueAU$18.10m
Gross ProfitAU$817.00k
Other ExpensesAU$36.34m
Earnings-AU$35.52m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.053
Gross Margin4.32%
Net Profit Margin-187.73%
Debt/Equity Ratio-232.0%

How did ME1 perform over the long term?

See historical performance and comparison
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