Mene Inc. MENE*CA Stock Quotes and Insider News

Insider Chart Past 6 Months

Technical Chart

Filings by transaction date

Aug 20, 2024 (filed on Aug 20, 2024)

Insider Name:

Naik, Mahendra

Ownership Type:

Direct Ownership

Securities:

Common Shares

Nature of Transaction:

10 - Acquisition or disposition in the public market

# or value acquired/disposed of:

26,000

Price:

$0.10
Aug 19, 2024 (filed on Aug 20, 2024)

Insider Name:

Naik, Mahendra

Ownership Type:

Direct Ownership

Securities:

Common Shares

Nature of Transaction:

10 - Acquisition or disposition in the public market

# or value acquired/disposed of:

7,400

Price:

$0.10
Aug 12, 2024 (filed on Aug 15, 2024)

Insider Name:

Naik, Mahendra

Ownership Type:

Direct Ownership

Securities:

Common Shares

Nature of Transaction:

10 - Acquisition or disposition in the public market

# or value acquired/disposed of:

100,000

Price:

$0.09
Aug 12, 2024 (filed on Aug 14, 2024)

Insider Name:

Sebag, Roy

Ownership Type:

Direct Ownership

Securities:

Class B subordinate voting shares

Nature of Transaction:

10 - Acquisition or disposition in the public market

# or value acquired/disposed of:

150,000

Price:

$0.10
Aug 08, 2024 (filed on Aug 09, 2024)

Insider Name:

Sebag, Roy

Ownership Type:

Direct Ownership

Securities:

Class B subordinate voting shares

Nature of Transaction:

10 - Acquisition or disposition in the public market

# or value acquired/disposed of:

200,000

Price:

$0.09
Aug 07, 2024 (filed on Aug 12, 2024)

Insider Name:

Gladu, Vincent

Ownership Type:

Direct Ownership

Securities:

Options

Nature of Transaction:

50 - Grant of options

# or value acquired/disposed of:

7,469,437

Price:

--
Aug 07, 2024 (filed on Aug 12, 2024)

Insider Name:

Gladu, Vincent

Ownership Type:

Direct Ownership

Securities:

Options

Nature of Transaction:

38 - Redemption, retraction, cancellation, repurchase

# or value acquired/disposed of:

-7,469,437

Price:

--
Aug 07, 2024 (filed on Aug 09, 2024)

Insider Name:

Sebag, Roy

Ownership Type:

Direct Ownership

Securities:

Class B subordinate voting shares

Nature of Transaction:

10 - Acquisition or disposition in the public market

# or value acquired/disposed of:

475,000

Price:

$0.09
Aug 06, 2024 (filed on Aug 07, 2024)

Insider Name:

Sebag, Roy

Ownership Type:

Direct Ownership

Securities:

Class B subordinate voting shares

Nature of Transaction:

10 - Acquisition or disposition in the public market

# or value acquired/disposed of:

500,000

Price:

$0.09
Jul 22, 2024 (filed on Jul 22, 2024)

Insider Name:

Naik, Mahendra

Ownership Type:

Direct Ownership

Securities:

Common Shares

Nature of Transaction:

10 - Acquisition or disposition in the public market

# or value acquired/disposed of:

5,000

Price:

$0.12

Filings by filing date

Aug 20, 2024 (filed on Aug 20, 2024)

Insider Name:

Naik, Mahendra

Ownership Type:

Direct Ownership

Securities:

Common Shares

Nature of Transaction:

10 - Acquisition or disposition in the public market

# or value acquired/disposed of:

26,000

Price:

$0.10
Aug 19, 2024 (filed on Aug 20, 2024)

Insider Name:

Naik, Mahendra

Ownership Type:

Direct Ownership

Securities:

Common Shares

Nature of Transaction:

10 - Acquisition or disposition in the public market

# or value acquired/disposed of:

7,400

Price:

$0.10
Aug 12, 2024 (filed on Aug 15, 2024)

Insider Name:

Naik, Mahendra

Ownership Type:

Direct Ownership

Securities:

Common Shares

Nature of Transaction:

10 - Acquisition or disposition in the public market

# or value acquired/disposed of:

100,000

Price:

$0.09
Aug 12, 2024 (filed on Aug 14, 2024)

Insider Name:

Sebag, Roy

Ownership Type:

Direct Ownership

Securities:

Class B subordinate voting shares

Nature of Transaction:

10 - Acquisition or disposition in the public market

# or value acquired/disposed of:

150,000

Price:

$0.10
Aug 07, 2024 (filed on Aug 12, 2024)

Insider Name:

Gladu, Vincent

Ownership Type:

Direct Ownership

Securities:

Options

Nature of Transaction:

50 - Grant of options

# or value acquired/disposed of:

7,469,437

Price:

--
Aug 07, 2024 (filed on Aug 12, 2024)

Insider Name:

Gladu, Vincent

Ownership Type:

Direct Ownership

Securities:

Options

Nature of Transaction:

38 - Redemption, retraction, cancellation, repurchase

# or value acquired/disposed of:

-7,469,437

Price:

--
Aug 08, 2024 (filed on Aug 09, 2024)

Insider Name:

Sebag, Roy

Ownership Type:

Direct Ownership

Securities:

Class B subordinate voting shares

Nature of Transaction:

10 - Acquisition or disposition in the public market

# or value acquired/disposed of:

200,000

Price:

$0.09
Aug 07, 2024 (filed on Aug 09, 2024)

Insider Name:

Sebag, Roy

Ownership Type:

Direct Ownership

Securities:

Class B subordinate voting shares

Nature of Transaction:

10 - Acquisition or disposition in the public market

# or value acquired/disposed of:

475,000

Price:

$0.09
Aug 06, 2024 (filed on Aug 07, 2024)

Insider Name:

Sebag, Roy

Ownership Type:

Direct Ownership

Securities:

Class B subordinate voting shares

Nature of Transaction:

10 - Acquisition or disposition in the public market

# or value acquired/disposed of:

500,000

Price:

$0.09
Jul 22, 2024 (filed on Jul 22, 2024)

Insider Name:

Naik, Mahendra

Ownership Type:

Direct Ownership

Securities:

Common Shares

Nature of Transaction:

10 - Acquisition or disposition in the public market

# or value acquired/disposed of:

5,000

Price:

$0.12

News

Biz Brief

Sector: Consumer Cyclicals	Industry: Apparel & Accessories

Company Contact

Address:	334 Adelaide Street West, Suite 307 TORONTO ON M5V 1R4
Tel:	N/A
Website:	https://mene.com
IR:	See website

Key People

Roy Sebag Executive Chairman of the Board	Vincent Gladu President, Chief Executive Officer	Gavin Johnson Chief Financial Officer

Business Overview

Mene Inc. is a Canada-based company, which crafts 24 karat gold and platinum jewelry that is sold by gram weight. The Company designs, manufactures, and markets 24 karat gold and platinum jewelry under the brand name Mene. The Company retails its jewelry by gram weight direct-to-consumer through an online shopping experience. Its jewelry is crafted from gold and platinum, which is sourced from gold mines in Nevada, United States and Ontario, Canada. Its gold carries the coveted London Bullion Market's Responsible Sourcing Certification. The Company provides bracelets, chains, earrings, medallions, pendants, rings, personal touch and precious objects. It has sold jewelry to customers in 50 States in the United States, 10 Canadian provinces, and approximately 60 countries, all without a single physical store.

Financial Overview

For the six months ended 30 June 2024, Mene Inc revenues decreased 7% to C$11.3M. Net loss totaled C$1.2M vs. income of C$66K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Design and Manfacturing of 24karat Gold and Jewellery segment loss totaling C$1.4M vs. income of C$57K.

Reporting Currency:	Canadian Dollars
Enterprise value:	$8.20M as of Jun 30, 2024
Annual revenue (TTM):	$22.45M as of Jun 30, 2024
EBITDA (TTM):	-$2.65M as of Jun 30, 2024
Net annual income (TTM):	-$3.29M as of Jun 30, 2024
Free cash flow (TTM):	$1.29M as of Jun 30, 2024
Net Debt Last Fiscal Year:	N/A
Shares outstanding:	259,830,913 as of Jun 30, 2024
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization