Mene Q1 FY26 net income drops 14% YoY to CAD 1.17 million; revenue falls 14% YoY to CAD 6.29 million

  • Mene posted Q1 2026 revenue of CAD 6.3 million, down 14% year over year.
  • Net income was CAD 1.2 million, swinging from a loss a year earlier.
  • Gross profit rose to CAD 2.6 million; margin widened 18 percentage points to 41%.
  • Metal weight sold fell to 28 kg across 2,894 units; customer orders dropped to 2,134.
  • CEO Vincent Gladu cited March sale timing, a weaker U.S. dollar, and refund provision adjustments; Nick Foulkes collaboration set for Father’s Day.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mene Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202605271700BIZWIRE_USPR_____20260527_BW280723) on May 27, 2026, and is solely responsible for the information contained therein.