Mene (TSE:MENE) has released an update.
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Menē Inc., an online 24 karat jewelry brand, reported a 30% year-over-year increase in IFRS revenue, reaching $6.5 million for the second quarter of 2024. Despite this growth, the company experienced a comprehensive loss of $0.3 million and showcased a strong customer retention rate with 72% of sales coming from returning customers.
For further insights into TSE:MENE stock, check out TipRanks’ Stock Analysis page.
