Mene Inc. (TSXV:MENE)

Mene Inc. Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	12.45	10.37	7.39	8.09	1.06	7.49
Short-Term Investments	0.16	0.16	0.18	0.17	11.91	1.16
Cash & Short-Term Investments	12.6	10.53	7.57	8.26	12.97	8.65
Cash Growth	93.55%	39.03%	-8.32%	-36.30%	49.98%	-39.56%
Accounts Receivable	0.3	0.38	0.5	0.1	0.07	0.04
Other Receivables	0.04	0.02	0.03	0.05	0.06	0.01
Receivables	0.34	0.4	0.54	0.15	0.13	0.05
Inventory	9.53	9.91	11.08	7.61	14.9	18.54
Prepaid Expenses	0.08	0.06	0.05	0.22	0.24	0.2
Other Current Assets	-	-	-	-	0.31	0.26
Total Current Assets	22.56	20.89	19.24	16.24	28.54	27.7
Property, Plant & Equipment	0.99	1.06	1.41	1.48	1.82	0.49
Other Intangible Assets	0.22	0.25	0.4	0.5	0.65	0.01
Other Long-Term Assets	-	-	-	-	0.7	1.5
Total Assets	23.77	22.2	21.05	18.22	31.71	29.69

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	1.35	1.45	1.56	0.93	1.23	1.09
Current Portion of Long-Term Debt	-	-	-	-	11.47	10.42
Current Portion of Leases	0.14	0.13	0.16	0.14	0.14	-
Current Unearned Revenue	1.2	1.11	0.99	0.54	0.66	0.56
Total Current Liabilities	2.69	2.69	2.72	1.62	13.51	12.07
Long-Term Leases	0.42	0.44	0.56	0.62	0.74	-
Total Liabilities	3.1	3.14	3.28	2.24	14.25	12.07

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	32.5	32.5	32.3	32.1	32.04	31.39
Additional Paid-In Capital	8.55	8.39	7.68	6.06	5.37	5.32
Retained Earnings	-20.71	-21.87	-22.92	-21.93	-19.94	-18.48
Comprehensive Income & Other	0.32	0.04	0.72	-0.24	-0	-0.61
Shareholders' Equity	20.66	19.06	17.77	15.98	17.47	17.62
Total Liabilities & Equity	23.77	22.2	21.05	18.22	31.71	29.69

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	0.55	0.57	0.73	0.77	12.35	10.42
Net Cash (Debt)	12.05	9.95	6.85	7.49	0.61	-1.78
Net Cash Growth	107.18%	45.38%	-8.61%	1123.66%	-	-
Net Cash Per Share	0.05	0.04	0.03	0.03	0.00	-0.01
Filing Date Shares Outstanding	260.76	260.76	260.3	259.83	259.73	258.33
Total Common Shares Outstanding	260.76	260.76	260.3	259.83	259.73	258.33
Working Capital	19.87	18.2	16.52	14.62	15.04	15.62
Book Value Per Share	0.08	0.07	0.07	0.06	0.07	0.07
Tangible Book Value	20.45	18.81	17.37	15.48	16.82	17.61
Tangible Book Value Per Share	0.08	0.07	0.07	0.06	0.06	0.07
Machinery	2.03	2	2.04	1.76	1.79	1.13

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 21, 2026

Data Sources Report a data error