Press Release: Mene Inc. Reports Financial Results for Third Quarter 2021
Press Release: Mene Inc. Reports Financial Results for Third Quarter 2021
Mene Inc. Reports Financial Results for Third Quarter 2021
Mene Inc.公佈2021年第三季度財務業績
TORONTO--(BUSINESS WIRE)--November 22, 2021--
多倫多--(美國商業新聞網)--2021年11月22日--
Menē Inc. (TSX-V:MENE) (US:MENEF) ("Menē" or the "Company"), an online 24 karat jewelry brand, today announced financial results for the third quarter ended September 30, 2021 ("Q3 2021"). All amounts are expressed in Canadian dollars unless otherwise noted.
在線24K珠寶品牌MenēInc.(多倫多證券交易所股票代碼：MENE)(美國市場代碼：MENEF)(簡稱“Menē”或“公司”)今天公佈了截至2021年9月30日的第三季度財務業績(“2021年第三季度”)。除非另有説明，所有金額均以加元表示。
FINANCIAL HIGHLIGHTS:
財務亮點：
-- IFRS Quarterly Revenue of $5.3 million, a $0.1 million (2%) decrease
year-over-year ("YoY"). Non-IFRS Adjusted Revenue2 of $6.5 million, an
increase of 5% YoY.
-- IFRS Gross Profit of $1.2 million, a decrease of $0.3 million (21%) YoY.
-- Net Loss of $0.3 million, a 29% decrease YoY.
-- Total Comprehensive Income of $0.6 million, an increase of 174% YoY.
-- Sold 6,322 units of jewelry through 4,153 Customer Orders during the
quarter, an increase of 6% and 20% respectively, YoY.
-- Sold 62kg of gold and platinum jewelry during the quarter, an increase of
6 kg, or 10% YoY.
-- Inventory level of 301 gold equivalent Kilograms, an increase of 22%
quarter-over-quarter ("QoQ") as the Company stocks up for anticipated
growth in sales during the holidays.
-- At September 30, 2021, the Company had Tangible Common Equity 4 of $16.5
million, including $3.6 million in cash and cash equivalents, $1.2
million in short-term investments, and $21.7 million in inventory with a
net working capital of $16 million. Tangible Common Equity increased by
2% QoQ.
--IFRS季度收入為530萬美元，減少10萬美元(2%)
同比(“YoY”)。非國際財務報告準則調整後收入2為650萬美元，
同比增長5%。
--IFRS毛利潤120萬美元，同比減少30萬美元(21%)。
-淨虧損30萬美元，同比下降29%。
--綜合收入總額60萬美元，同比增長174%。
-在過去一年中，通過4153份客户訂單售出了6,322件珠寶
季度，同比分別增長6%和20%。
-本季度售出62公斤黃金和鉑金首飾，同比增長
6千克，同比增長10%。
--庫存水平301黃金當量公斤，增長22%
季度環比(“QOQ”)，因為公司的庫存達到了預期的水平
假日期間銷售額的增長。
-截至2021年9月30日，公司有形普通股權益4為16.5美元
360萬美元，包括360萬美元的現金和現金等價物，120萬美元
100萬美元的短期投資，以及2170萬美元的庫存
淨營運資金為1,600萬美元。有形普通股權益增加
2%季度。
OPERATIONAL HIGHLIGHTS:
運營亮點：
-- Introduced new Good Luck and Back to Stack collections during the
quarter.
-- Returning Customers attributed to 62% of total sales due to great
customer satisfaction.
-- Cumulative units of jewelry sold reached 94,489 as of quarter end and
more than three quarter tonne of precious metal weight.
-- Registered more than 25,100 independent customer reviews on
mene.com/reviews.
IFRS
Consolidated
Income
Statement Data
& Key
Performance
Indicators
(KPIs) (1) FY 2021 FY 2020 FY 2019
-------------- ---------------------------------- ------------------------------------------------ -----------
Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4
-------------- ---------- ---------- ---------- ---------- ---------- ----------- ----------- -----------
Revenue 5,317,842 5,754,156 7,203,492 7,110,188 5,423,320 3,439,038 5,156,994 4,653,601
-------------- ---------- ---------- ---------- ---------- ---------- ----------- ----------- -----------
Gross profit 1,245,908 1,529,690 1,737,688 1,691,750 1,578,417 917,721 1,012,923 458,201
-------------- ---------- ---------- ---------- ---------- ---------- ----------- ----------- -----------
Gross profit
(%) 23% 27% 24% 24% 29% 27% 20% 10%
-------------- ---------- ---------- ---------- ---------- ---------- ----------- ----------- -----------
Net income
(loss) (271,872) (188,355) 672,273 (76,727) (383,602) (1,029,300) (1,855,303) (3,449,094)
-------------- ---------- ---------- ---------- ---------- ---------- ----------- ----------- -----------
Total
comprehensive
income
(loss) 551,723 (769,975) 858,378 (697,478) (748,216) (1,448,394) (808,093) (3,991,270)
-------------- ---------- ---------- ---------- ---------- ---------- ----------- ----------- -----------
Non-IFRS
Adjusted
Revenue(2) 6,466,242 6,678,006 8,324,174 8,104,915 6,140,871 3,678,069 5,611,286 5,095,968
-------------- ---------- ---------- ---------- ---------- ---------- ----------- ----------- -----------
Non-IFRS
Adjusted
Income (Loss)
(3) 106,889 (528,761) 789,748 23,936 61,777 (367,214) (666,378) (910,904)
-------------- ---------- ---------- ---------- ---------- ---------- ----------- ----------- -----------
Total
Shareholders'
Equity 17,835,586 17,101,667 17,821,539 11,503,042 12,196,393 12,720,633 14,321,528 15,127,316
-------------- ---------- ---------- ---------- ---------- ---------- ----------- ----------- -----------
Inventory
balance (kg
of gold) (4) 301 246 258 219 177 131 132 212
-------------- ---------- ---------- ---------- ---------- ---------- ----------- ----------- -----------
Customer
orders 4,153 4,377 5,067 5,474 3,464 2,790 4,157 4,548
-------------- ---------- ---------- ---------- ---------- ---------- ----------- ----------- -----------
Units of
jewelry sold 6,322 7,197 7,850 8,632 5,958 4,915 6,641 7,225
-------------- ---------- ---------- ---------- ---------- ---------- ----------- ----------- -----------
Jewelry weight
sold (total
kg) 62 66 79 76 56 39 69 65
-------------- ---------- ---------- ---------- ---------- ---------- ----------- ----------- -----------
1. The Company's financial statements for fiscal year-ending 2020 and 2019
are audited by an external assurance firm.
2. The Company adjusts its revenue by adding back the value of jewelry that
was returned by customers, and discounts given to customers. These
adjustments are made to assess the gross revenue before deducting these
items from revenue per IFRS. See Non-IFRS Measures for a full
reconciliation.
3. The Company adjusts its total comprehensive income (loss) by removing the
impact of non-cash expenses, consisting of depreciation and amortization,
stock-based compensation, accretion, revaluation of metal loan and
translation gain or loss. See Non-IFRS Measures for a full
reconciliation.
4. Inventory balances in kilograms of gold are calculated by taking the
total Canadian Dollar (CAD) inventory value at each quarter-end date and
dividing the value by the CAD gold spot price per gram.
--推出新的《好運》(Good Luck)和《回到堆棧》(Back To Stack)系列
25美分。
-回頭客佔總銷售額的62%，原因是
客户滿意度。
-截至季度末，珠寶累計銷量達到94,489件，
超過四分之三噸的貴金屬重量。
-在網上註冊了超過25,100條獨立客户評論
Mene.com/Review。
IFRS
整合
收入
報表數據
密鑰(&K)
性能
指標
(KPI)(1)2021財年2020財年2019財年
-------------- ---------------------------------- ------------------------------------------------ -----------
Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4
-------------- ---------- ---------- ---------- ---------- ---------- ----------- ----------- -----------
收入5,317,842 5,754,156 7,203,492 7,110,188 5,423,320 3,439,038 5,156,994 4,653,601
-------------- ---------- ---------- ---------- ---------- ---------- ----------- ----------- -----------
毛利1,245,908 1,529,690 1,737,688 1,691,750 1,578,417,917,721,012,923,458,201
-------------- ---------- ---------- ---------- ---------- ---------- ----------- ----------- -----------
毛利
(%) 23% 27% 24% 24% 29% 27% 20% 10%
-------------- ---------- ---------- ---------- ---------- ---------- ----------- ----------- -----------
淨收入
(損失)(271872)(188,355)672,273(76,727)(383,602)(1,029,300)(1,855,303)(3,449,094)
-------------- ---------- ---------- ---------- ---------- ---------- ----------- ----------- -----------
總計
全面
收入
(損失)551,723(769,975)858,378(697,478)(748,216)(1,448,394)(808,093)(3,991,270)
-------------- ---------- ---------- ---------- ---------- ---------- ----------- ----------- -----------
非國際財務報告準則
調整後的
收入(2)6,466,242 6,678,006,324,174 8,104,915 6,140,871 3,678,069 5,611,286 5,095,968
-------------- ---------- ---------- ---------- ---------- ---------- ----------- ----------- -----------
非國際財務報告準則
調整後的
收益(虧損)
(3) 106,889 (528,761) 789,748 23,936 61,777 (367,214) (666,378) (910,904)
-------------- ---------- ---------- ---------- ---------- ---------- ----------- ----------- -----------
總計
股東的
股本17,835,586 17,101,667 17,821,539 11,503,042 12,196,393 12,720,633 14,321,528 15,127,316
-------------- ---------- ---------- ---------- ---------- ---------- ----------- ----------- -----------
庫存
餘額(公斤)
(4)301 246 258 219 177 131 132 212
-------------- ---------- ---------- ---------- ---------- ---------- ----------- ----------- -----------
客户
訂單4,153 4,377 5,067 5,474 3,464 2,790 4,157 4,548
-------------- ---------- ---------- ---------- ---------- ---------- ----------- ----------- -----------
單位
珠寶成交量為6,322 7,197 7,850 8,632 5,958 4,915 6,641 7,225
-------------- ---------- ---------- ---------- ---------- ---------- ----------- ----------- -----------
首飾重量
售出(總計
62 66 79 76 56 39 69 65
-------------- ---------- ---------- ---------- ---------- ---------- ----------- ----------- -----------
1.公司截至2020年和2019年的財政年度財務報表
由外部保險公司進行審計。
2.該公司調整其收入的方法是將以下珠寶的價值加回
由顧客退貨，並給顧客打折。這些
作出調整，以評估毛收入，然後再扣除這些
根據“國際財務報告準則”從收入中扣除的項目。有關完整信息，請參閲非國際財務報告準則衡量標準
和解。
3.本公司全面收益(虧損)總額調整為
包括折舊和攤銷在內的非現金費用的影響
以股票為基礎的薪酬、增值、金屬貸款重估和
翻譯得失。有關完整信息，請參閲非國際財務報告準則衡量標準
和解。
4.庫存餘額(以公斤黃金為單位)的計算方法是
每個季度末日期的加元(CAD)總庫存值以及
將價值除以每克加元黃金現貨價格。
STATEMENT FROM FOUNDER & CEO ROY SEBAG:
創始人兼首席執行官羅伊·塞巴格發表聲明：
In Q3 2021 Menē Inc. continued to deliver solid results for shareholders. Units sold, weight sold, and customer orders were up 6%, 10%, and 20% YoY respectively. Non-IFRS revenue was up 5% YoY. Shareholder equity was up over 4% since June 30, 2021, and the company produced its second IFRS quarterly profit this calendar year. In the past four quarters, Menē Inc. has delivered $29.6 million of Non-IFRS revenue. This milestone essentially satisfies our goals for all of 2021 nearly one quarter ahead of time. It is true that to some people it may appear that the IFRS revenue this quarter came in soft. I too agree that the quarter could have been stronger but remain confident in the long-term trajectory of the business when focusing on the Non-IFRS revenue as well as unit, weight, and customer order metrics. I would also like to reiterate that sustainability and profitability are equally important metrics that management focuses on even while aspiring to double digit year over year growth. At the time of writing this press release we are now trading in what is our busiest time of year. Inventory levels are strong meaning that Menē is ready to meet the holiday demand. We thank our customers and shareholders for their continued support and look forward to updating shareholders on our year-end results once they have been finalized.
2021年第三季度，曼氏集團(MenēInc.)繼續為股東帶來穩健的業績。銷售量、銷售重量和客户訂單分別同比增長6%、10%和20%。非國際財務報告準則的收入同比增長了5%。自2021年6月30日以來，股東權益增長了4%以上，該公司在本日曆年第二次實現了國際財務報告準則(IFRS)的季度利潤。過去四個季度，曼氏集團(MenēInc.)實現了2,960萬美元的非國際財務報告準則收入。這一里程碑基本上提前了我們2021年全年的目標，幾乎提前了四分之一。的確，對一些人來説，國際財務報告準則本季度的收入可能看起來是疲軟的。我也同意，本季度本可以更強勁，但在關注非IFRS收入以及單位、權重和客户訂單指標時，仍對業務的長期軌跡充滿信心。我還想重申，可持續性和盈利能力是管理層關注的同等重要的指標，即使他們渴望實現兩位數的同比增長。在撰寫本新聞稿時，我們正在一年中最繁忙的時間進行交易。庫存水平很高，這意味着男士ē已經做好了滿足假日需求的準備。我們感謝我們的客户和股東的持續支持，並期待着在我們的年終業績最終敲定後向股東通報最新情況。
Non-IFRS Measures
非國際財務報告準則計量
This news release contains non-IFRS financial measures; the Company believes that these measures provide investors with useful supplemental information about the financial performance of its business, enable comparison of financial results between periods where certain items may vary independent of business performance, and allow for greater transparency with respect to key metrics used by management in operating its business. Although management believes these financial measures are important in evaluating the Company's performance, they are not intended to be considered in isolation or as a substitute for, or superior to, financial information prepared and presented in accordance with IFRS. These non-IFRS financial measures do not have any standardized meaning and may not be comparable with similar measures used by other companies. For certain non-IFRS financial measures, there are no directly comparable amounts under IFRS. These non-IFRS financial measures should not be viewed as alternatives to measures of financial performance determined in accordance with IFRS. Moreover, presentation of certain of these measures is provided for year-over-year comparison purposes, and investors should be cautioned that the effect of the adjustments thereto provided herein have an actual effect on the Company's operating results.
本新聞稿包含非國際財務報告準則的財務衡量標準。該公司認為，這些衡量標準為投資者提供了有關其業務財務業績的有用補充信息，使某些項目可能獨立於業務業績而變化的時期之間的財務結果得以比較，並使管理層在經營業務時使用的關鍵指標具有更大的透明度。儘管管理層認為這些財務指標對評估公司的業績很重要，但並不打算孤立地考慮這些財務指標，也不打算將其作為根據國際財務報告準則編制和提交的財務信息的替代或更好的選擇。這些非國際財務報告準則財務指標沒有任何標準化意義，可能無法與其他公司使用的類似指標進行比較。對於某些非“國際財務報告準則”的財務措施，在“國際財務報告準則”下沒有直接可比的數額。不應將這些非“國際財務報告準則”財務指標視為根據“國際財務報告準則”確定的財務業績指標的替代辦法。此外，其中某些措施的列報僅供同比比較之用，投資者應注意，本文提供的調整對本公司的經營業績有實際影響。
Non-IFRS Adjusted Revenue(2) is a non-IFRS measure. The Company adjusts its revenue by adding back the value of jewelry that was returned by customers, and discounts given to customers. These adjustments are made to assess the gross revenue before deducting these items per IFRS revenue. The closest comparable IFRS measure is revenue.
非國際財務報告準則調整後收入(2)是非國際財務報告準則計量。該公司通過增加顧客退還的珠寶價值和給顧客的折扣來調整收入。進行這些調整是為了在按國際財務報告準則收入扣除這些項目之前評估毛收入。最接近的可比國際財務報告準則衡量標準是收入。
Non-IFRS Adjusted Gross Profit(3) is a non-IFRS measure. The Company adjusts its gross profit by adjusting for the additional revenue and associated cost of sales added back for the value of jewelry that was returned by customers, and discounts given to customers. The closest comparable IFRS measure is gross profit.
非國際財務報告準則調整後毛利(3)是非國際財務報告準則計量。該公司通過根據客户退回的首飾價值以及給予客户的折扣來調整增加的額外收入和相關銷售成本，從而調整毛利潤。國際財務報告準則中最接近的可比指標是毛利。
譯文內容由第三人軟體翻譯。