Mene Inc MENEF

Primary Symbol: V.MENE

Consumer Cyclical Luxury Goods

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.

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Mene Inc > Outstanding preliminary Key Performance Indicators for 2020

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Post by MoneyCowon Jan 04, 2021 7:43am

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Outstanding preliminary Key Performance Indicators for 2020

FOURTH QUARTER FINANCIAL HIGHLIGHTS:
- Record Revenue of $7.3 million, an increase of 58% Year-over-Year (“YoY”).
- Sold 8,453 Units of Jewelry through 5,474 Customer Orders during the quarter, an increase of 17% and 20% respectively YoY.
- Average Order Value of $1,559, an increase of 30% YoY.

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A junior copper-gold stock trading at a bargain of monumental proportions