Mene Inc. (TSXV:MENE)

Mene Inc. Income Statement

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	28.6	25.8	23.29	26.91	26.77
Revenue Growth (YoY)	10.84%	10.78%	-13.46%	0.52%	26.71%
Cost of Revenue	19.78	18.33	17.46	20.27	20.25
Gross Profit	8.82	7.47	5.83	6.64	6.52
Selling, General & Admin	6.58	6.52	5.96	5.91	5.33
Research & Development	0.13	0.14	0.12	0.52	0.63
Operating Expenses	7.94	8.75	7.03	6.74	6.2
Operating Income	0.88	-1.28	-1.2	-0.1	0.32
Interest Expense	-0.05	-0.16	-0.38	-0.33	-0.38
Interest & Investment Income	0.23	0.31	0.38	0.16	0.03
Currency Exchange Gain (Loss)	-0.01	0	-0.01	0	-0.01
Other Non Operating Income (Expenses)	-	0.14	0.26	-0.07	-
EBT Excluding Unusual Items	1.05	-0.99	-0.95	-0.34	-0.05
Gain (Loss) on Sale of Investments	-	-	0.02	0	-0.02
Legal Settlements	-	-	-	-0.22	-
Other Unusual Items	-	-	-1.05	-0.73	-0.15
Pretax Income	1.05	-0.99	-1.99	-1.28	-0.22
Income Tax Expense	-	-	-	0.18	-0.18
Net Income	1.05	-0.99	-1.99	-1.46	-0.03
Net Income to Common	1.05	-0.99	-1.99	-1.46	-0.03
Shares Outstanding (Basic)	260	260	260	259	254
Shares Outstanding (Diluted)	264	260	260	259	254
Shares Change (YoY)	1.50%	0.08%	0.44%	1.85%	3.95%
EPS (Basic)	0.00	-0.00	-0.01	-0.01	-0.00
EPS (Diluted)	0.00	-0.00	-0.01	-0.01	-0.00
Free Cash Flow	3.25	-0.61	-0.87	4.65	-1.05
Free Cash Flow Per Share	0.01	-0.00	-0.00	0.02	-0.00
Gross Margin	30.84%	28.95%	25.03%	24.69%	24.36%
Operating Margin	3.08%	-4.97%	-5.17%	-0.36%	1.19%
Profit Margin	3.67%	-3.85%	-8.54%	-5.44%	-0.12%
Free Cash Flow Margin	11.35%	-2.37%	-3.73%	17.27%	-3.93%
EBITDA	1.36	-0.83	-0.99	0.08	0.48
EBITDA Margin	4.76%	-3.23%	-4.24%	0.29%	1.81%
D&A For EBITDA	0.48	0.45	0.22	0.17	0.16
EBIT	0.88	-1.28	-1.2	-0.1	0.32
EBIT Margin	3.08%	-4.97%	-5.17%	-0.36%	1.19%
Advertising Expenses	1.46	1.08	0.58	0.6	0.59

Source: S&P Global Market Intelligence. Standard template. Financial Sources.