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Online jewelry firm Mene's Q3 revenue rises on cost savings
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Online jewelry firm Mene's Q3 revenue rises on cost savings
Nov 19, 2025 2:55 PM

Overview

* Mene Q3 2025 revenue increases 10% YoY to C$5.9 mln

* Net income for Q3 2025 was C$0.1 mln

* Gross profit margin remains stable at 30% YoY

Outlook

* Mene ( MENEF ) focuses on sustaining revenue growth in the U.S. market

* Company implements targeted ads and live agent program for growth

* Mene ( MENEF ) continues SEO/SEM improvements for better search engine positioning

Result Drivers

* SEPTEMBER SALE - Strong response to September sale contributed to 10% revenue increase YoY

* AVERAGE ORDER VALUE - Average order value increased by 32% YoY, despite declines in new customer acquisitions and orders

* COST SAVINGS - Operational transformation generated over C$410k in cost savings, exceeding yearly target

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 C$5.90

Revenue mln

Q3 Net C$100,00

Income 0

Q3 Gross 30%

Margin

Q3 Gross C$1.80

Profit mln

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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