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Mene (MENE) investor relations material
Mene Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q1 2026 revenue was $6.3 million, down 14% year-over-year, impacted by timing of annual March sale and weaker USD.
Net income reached $1.2 million, an increase of $1.4 million year-over-year.
Gross profit rose to $2.6 million, with a gross margin of 41%, up from 23% a year ago.
Operational restructuring led to cost savings and efficiency gains.
68% of sales came from returning customers; 11 new product designs launched.
Financial highlights
IFRS revenue: $6.3 million, down $1.0 million year-over-year.
Gross profit: $2.6 million, up $0.9 million year-over-year.
Net income: $1.2 million for the quarter.
Non-IFRS adjusted revenue: $7.7 million.
Adjusted EBITDA: $1.3 million.
Outlook and guidance
Revenue recognition from March sale expected to boost Q2 2026 results.
Strategic focus on brand equity, growth, and reinvestment in business opportunities.
- Disrupting jewelry with pure 24K gold, transparent pricing, and strong global growth.MENE
Investor presentation30 Apr 2026 - First full year of positive net income, 11% revenue growth, and stronger cash reserves.MENE
Q4 202520 Apr 2026 - Q3 2025 revenue up 10% YoY, net income positive, and cost savings fund US growth focus.MENE
Q3 202520 Apr 2026 - Q2 2025 revenue fell 13% YoY, but margins held steady and cost savings improved efficiency.MENE
Q2 202520 Apr 2026 - Revenue up 52% year-over-year, with improved profitability and focus on US market growth.MENE
Q1 202520 Apr 2026 - Q3 2024 revenue up 26% YoY, gross margin at 33%, net income $1.3M, strong customer retention.MENE
Q3 202413 Jun 2025 - Q2 revenue up 30% YoY to $6.5M, with 26% margin and strong repeat customer sales.MENE
Q2 202413 Jun 2025 - Menē Inc. delivered double-digit revenue growth and improved margins amid strategic transformation.MENE
Q4 20245 Jun 2025
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