Mene Historical Income Statement

MENE Stock  CAD 0.11  0.01  8.33%   
Historical analysis of Mene income statement accounts such as Income Tax Expense of 198.9 K can show how well Mene Inc performed in making a profits. Evaluating Mene income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Mene's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Mene Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Mene Inc is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mene Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

About Mene Income Statement Analysis

Mene Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Mene shareholders. The income statement also shows Mene investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Mene Income Statement Chart

At this time, Mene's Interest Expense is fairly stable compared to the past year. Other Operating Expenses is likely to climb to about 32.9 M in 2024, whereas Operating Income is likely to drop (1.3 M) in 2024.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Mene Inc. It is also known as Mene overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Cost Of Revenue

Cost of Revenue is found on Mene Inc income statement and represents the costs associated with goods and services Mene provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Mene's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Mene Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mene Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Mene's Interest Expense is fairly stable compared to the past year. Other Operating Expenses is likely to climb to about 32.9 M in 2024, whereas Operating Income is likely to drop (1.3 M) in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses26.5M27.2M31.3M32.9M
Interest Expense377.6K333.2K376.6K683.8K

Mene income statement Correlations

0.39-0.520.190.140.78-0.39-0.380.79-0.38-0.83-0.51-0.52-0.5-0.620.340.37-0.33-0.33-0.31
0.39-0.07-0.12-0.190.15-0.06-0.370.16-0.38-0.46-0.09-0.09-0.02-0.3-0.17-0.02-0.050.1-0.12
-0.52-0.07-0.24-0.13-0.450.85-0.08-0.3-0.080.150.940.950.940.54-0.36-0.430.540.50.72
0.19-0.12-0.240.960.73-0.260.8-0.210.790.07-0.06-0.13-0.4-0.410.380.960.26-0.580.11
0.14-0.19-0.130.960.73-0.10.79-0.170.770.090.0-0.07-0.28-0.340.530.90.21-0.580.27
0.780.15-0.450.730.73-0.340.230.440.22-0.52-0.36-0.41-0.53-0.640.570.82-0.1-0.59-0.05
-0.39-0.060.85-0.26-0.1-0.34-0.1-0.19-0.10.150.650.660.930.41-0.06-0.370.060.640.88
-0.38-0.37-0.080.80.790.23-0.1-0.651.00.650.060.01-0.2-0.050.270.720.25-0.390.18
0.790.16-0.3-0.21-0.170.44-0.19-0.65-0.65-0.8-0.35-0.34-0.25-0.310.31-0.09-0.34-0.18-0.23
-0.38-0.38-0.080.790.770.22-0.11.0-0.650.670.04-0.01-0.2-0.050.280.710.21-0.370.17
-0.83-0.460.150.070.09-0.520.150.65-0.80.670.140.140.160.420.00.00.030.10.15
-0.51-0.090.94-0.060.0-0.360.650.06-0.350.040.141.00.780.51-0.42-0.290.760.330.64
-0.52-0.090.95-0.13-0.07-0.410.660.01-0.34-0.010.141.00.80.53-0.45-0.350.740.360.61
-0.5-0.020.94-0.4-0.28-0.530.93-0.2-0.25-0.20.160.780.80.48-0.33-0.540.260.690.75
-0.62-0.30.54-0.41-0.34-0.640.41-0.05-0.31-0.050.420.510.530.48-0.27-0.520.240.350.29
0.34-0.17-0.360.380.530.57-0.060.270.310.280.0-0.42-0.45-0.33-0.270.47-0.5-0.470.15
0.37-0.02-0.430.960.90.82-0.370.72-0.090.710.0-0.29-0.35-0.54-0.520.470.02-0.58-0.02
-0.33-0.050.540.260.21-0.10.060.25-0.340.210.030.760.740.260.24-0.50.02-0.180.13
-0.330.10.5-0.58-0.58-0.590.64-0.39-0.18-0.370.10.330.360.690.35-0.47-0.58-0.180.48
-0.31-0.120.720.110.27-0.050.880.18-0.230.170.150.640.610.750.290.15-0.020.130.48
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Mene Account Relationship Matchups

Mene income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization(374.6K)(1.3M)170.8K(458.6K)(412.7K)(392.1K)
Interest Expense1.4M1.1M377.6K333.2K376.6K683.8K
Other Operating Expenses18.8M22.3M26.5M27.2M31.3M32.9M
Operating Income(5.7M)(1.2M)692.5K(314.6K)(1.2M)(1.3M)
Ebit(5.7M)(1.2M)692.5K(314.6K)(283.1K)(297.3K)
Ebitda(6.1M)(2.5M)863.3K(773.2K)(695.9K)(730.7K)
Total Operating Expenses8.5M6.4M6.2M7.0M24.5M25.7M
Net Income(7.2M)(2.7M)(32.6K)(1.5M)(2.0M)(2.1M)
Income Tax Expense424.1K(615.6K)(183.0K)182.0K209.3K198.9K
Income Before Tax(6.8M)(3.3M)(215.6K)(1.3M)(2.0M)(2.1M)
Total Other Income Expense Net(1.0M)(2.1M)(908.1K)(966.9K)(785.8K)(825.1K)
Gross Profit2.7M5.2M6.5M6.6M5.8M3.9M
Cost Of Revenue10.3M15.9M20.3M20.3M17.5M12.5M
Selling General Administrative4.9M3.7M3.3M3.8M6.7M7.0M
Selling And Marketing Expenses3.4M2.5M2.8M3.0M3.4M2.1M
Net Interest Income(956.1K)(842.4K)(349.8K)(173.4K)1.7K1.8K
Total Revenue13.1M21.1M26.8M26.9M23.3M16.4M
Net Income From Continuing Ops(6.8M)(3.3M)(32.6K)(1.5M)(2.0M)(2.1M)
Research Development109.7K577.1K634.4K522.8K116.7K110.9K
Net Income Applicable To Common Shares(6.8M)(3.3M)(32.6K)(1.5M)(1.7M)(1.8M)
Interest Income413.2K222.7K27.7K159.9K378.4K243.6K
Reconciled Depreciation157.4K173.2K170.8K179.5K216.2K194.5K

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Additional Tools for Mene Stock Analysis

When running Mene's price analysis, check to measure Mene's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mene is operating at the current time. Most of Mene's value examination focuses on studying past and present price action to predict the probability of Mene's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mene's price. Additionally, you may evaluate how the addition of Mene to your portfolios can decrease your overall portfolio volatility.