Business
Mene Inc. Reports Financial Results for the Fourth Quarter and Year Ended 2025
Menē Inc. (TSX-V: MENE) (US: MENEF) (“Menē” or the “Company&#x...
About this update from Mene, Inc. Class B
[{"type":"text","content":"Mene Inc. Reports Financial Results for the Fourth Quarter and Year Ended 2025\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwlistdisc { list-style-type: disc }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadr0 { padding-right: 0px }\n.bwrowaltcolor0 { background-color: #cceeff }\n.bwrowaltcolor1 { background-color: #d3d3d3 }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwtopsingle { border-top: solid black 1pt }\n.bwvertalignb { vertical-align: bottom }\n.bwwidth10 { width: 10% }\n.bwwidth100 { width: 100% }\n.bwwidth11 { width: 11% }\n.bwwidth18 { width: 18% }\n \n\n\n\n Menē Inc. (TSX-V: MENE) (US: MENEF) (“Menē” or the “Company”), today announced financial results for the fourth quarter and year ended December 31, 2025. All amounts are expressed in Canadian dollars unless otherwise noted.\n \n\n\n Fourth Quarter Financial Highlights\n \n\n\n\n IFRS Revenue of $9.7 million, an increase of $0.6 million (7%) year-over-year (“YoY”).\n \n\n Gross profit of $3.8 million, with a gross profit margin of 39%, an increase of $0.9 million YoY.\n \n\n Net income of $1.6 million for the quarter.\n \n\n Total metal weight of 50 kilograms sold during the quarter, consisting of 4,842 units of jewelry.\n \n\n\n\n Fiscal Year 2025 Financial Highlights\n \n\n\n\n IFRS annual revenue of $28.6 million and Non-IFRS Adjusted Revenue of $33.5 million, increases of $2.8 million and $3.7 million respectively, YoY.\n \n\n Annual gross profit of $8.8 million, with a gross profit margin of 31%, an increase of $1.3 million YoY.\n \n\n Operating income of $0.9 million and total comprehensive income of $0.4 million, marking a significant turning point as the first year the Company has reported positive net income for a full fiscal year.\n \n\n Non-IFRS Adjusted Income of $2.3 million.\n \n\n Sold 16,190 units of jewelry through 11,932 customer orders.\n \n\n Total jewelry weight sold of 175 kilograms.\n \n\n\n\n Operational Highlights\n \n\n\n\n Introduced 75 new product designs throughout the year.\n \n\n Sales to returning custom...