Mene Class B (TSE:MENE) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Menē Inc., a 24-karat jewelry brand, reported its 2023 fiscal year results with IFRS Annual Revenue of $23.3 million and a decrease in both revenue and gross profit from the previous year. Despite a challenging year with an operating loss of $1.2 million, the company saw robust customer loyalty with 70% of sales from returning customers and high customer satisfaction. Operational achievements included the repayment of the Goldmoney Inc. loan, new collection launches, and 51 new product designs.
For further insights into TSE:MENE stock, check out TipRanks’ Stock Analysis page.
