Memex Inc. (MENXF) Stock Price & Analysis
Educational signal · not a buy or sell recommendation · How to read this
Beta 3.43: the stock has moved about 243% more than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.5-flash, generated Jun 15, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerMemex Inc. (MENXF) trades at $0.0001. Memex Inc. develops and manufactures software-driven Industrial IoT platforms for discrete manufacturing and aerospace sectors. Sector: Technology.
Price as of · Last analyzed: Jun 15, 2026Analyst Coverage for MENXF: MENXF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
No score published: we hold no usable price for this ticker, and a grade beside a missing price says nothing.
Memex Inc. (MENXF) Technology Profile & Competitive Position
Memex Inc. specializes in Industrial IoT solutions, offering its MERLIN Tempus platform to discrete manufacturing and aerospace clients globally. The company's software and hardware enable real-time monitoring and analysis of production performance, focusing on Overall Equipment Effectiveness to drive operational efficiency and connect shop floor data to financial outcomes.
What Is the Investment Thesis for MENXF?
Memex Inc. operates within the growing Industrial Internet of Things (IIoT) market, offering specialized software and hardware solutions focused on manufacturing productivity. The company's MERLIN Tempus platform, delivering real-time Overall Equipment Effectiveness (OEE) and financial OEE (FOEE), addresses a critical need for operational efficiency and cost optimization in discrete manufacturing and aerospace. With a gross margin of 74.9%, Memex demonstrates strong unit economics on its core offerings. Growth catalysts include the increasing global adoption of IIoT technologies, driven by industry 4.0 initiatives, and the potential for expanded market penetration in its target sectors. The company's ability to link shop floor data to financial outcomes via FOEE provides a tangible return on investment for clients, potentially accelerating sales cycles. However, a negative profit margin of -20.4% and a small market capitalization of $0.00B indicate ongoing challenges in achieving profitability and scale. The high beta of 3.43 suggests significant price volatility, reflecting its small size and market position.
Based on FMP financials and quantitative analysis
MENXF Key Highlights
Gross Margin of 74.9% indicates strong profitability on product sales and services, exceeding many software industry averages.
- Profit Margin of -20.4% reflects ongoing investment or operational costs that currently outweigh revenue, impacting overall profitability.
- Market Capitalization of $0.00B signifies a very small-cap company, often associated with higher risk and potential for significant volatility.
- Beta of 3.43 suggests the stock is significantly more volatile than the broader market, indicating higher risk and potential for larger price swings.
- The company employs 21 individuals, highlighting a lean operational structure for a technology developer and manufacturer.
Who Are MENXF's Competitors?
MENXF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| SAP SAP SE | $208.57 | -1.05% | $243B | 85 5-pillar |
| SHOP Shopify Inc. | $151.39 | +1.54% | $196B | 76 5-pillar |
| CRM Salesforce, Inc. | $234.69 | -0.84% | $192B | 74 5-pillar |
| UBER Uber Technologies, Inc. | $68.11 | +0.34% | $139B | 73 5-pillar |
| CDNS Cadence Design Systems, Inc. | $351.35 | +0.18% | $96.8B | 76 5-pillar |
| APP AppLovin Corporation | $268.22 | -4.65% | $90.1B | 96 5-pillar |
| INTU Intuit Inc. | $281.08 | -0.60% | $76.9B | 82 5-pillar |
| WDAY Workday, Inc. | $186.14 | -0.33% | $48.8B | 77 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are MENXF's Key Strengths?
Specialized IIoT platform (MERLIN Tempus) for manufacturing productivity.
- High gross margin (74.9%) on core offerings.
- Unique financial OEE (FOEE) product linking operations to profit.
- Integrated hardware and software solutions.
What Are MENXF's Weaknesses?
Negative profit margin (-20.4%) indicates unprofitability.
- Very small market capitalization ($0.00B) and employee count (21).
- High stock volatility (Beta 3.43).
- Unknown OTC disclosure status.
What Are the Key Risks for MENXF?
Financial-distress signal — its Altman Z-Score of -35.28 sits in the distress zone (elevated bankruptcy risk).
- Negative profit margin of -20.4% indicates the company is not currently profitable, posing a risk to long-term financial sustainability.
- High stock volatility, indicated by a Beta of 3.43, exposes investors to significant price fluctuations and potential capital loss.
- Intense competition from larger, more established industrial automation and software companies could limit market share growth.
- The "Unknown" OTC disclosure status and low market capitalization may deter institutional investors and limit access to capital.
- Reliance on the adoption rate of IIoT technologies in discrete manufacturing and aerospace, which could be slower than anticipated.
What Threats Does MENXF Face?
- Intense competition from larger industrial automation and software firms.
- Slow adoption rates of new technologies in traditional manufacturing.
- Economic downturns impacting capital expenditure in target industries.
- Regulatory changes or technological obsolescence in IIoT standards.
What Are MENXF's Competitive Advantages?
- Specialized focus on real-time Overall Equipment Effectiveness (OEE) and financial OEE (FOEE) for manufacturing.
- Integrated software and hardware solutions tailored for industrial environments.
- Proprietary MERLIN Tempus platform with specific modules for ERP connectivity and operator interfaces.
- Expertise in serving niche markets like discrete manufacturing and aerospace with critical data needs.
- Established presence since 1992, indicating long-standing industry knowledge and customer relationships.
What Does MENXF Do?
Memex Inc., established in Burlington, Canada, in 1992, has evolved into a specialized developer, commercializer, and manufacturer of advanced Industrial Internet of Things (IIoT) products. The company primarily serves the discrete manufacturing and aerospace sectors worldwide, providing solutions designed to enhance operational efficiency and productivity. At the core of its offering is MERLIN Tempus, a sophisticated software-driven IIoT communications platform. This platform is engineered to deliver critical manufacturing productivity metrics, most notably Overall Equipment Effectiveness (OEE), in real time. MERLIN Tempus meticulously measures and analyzes production performance, furnishing users with immediate insights into their operational efficiency. Beyond the foundational MERLIN Tempus, Memex Inc. offers several specialized modules. These include MERLIN Tempus Enterprise Edition, which integrates with enterprise resource planning (ERP) systems and job scheduling functionalities to optimize time utilization across an organization. The MERLIN financial Overall Equipment Effectiveness (FOEE) module is a key differentiator, enabling factory organizations to directly link their shop floor performance to tangible profit dollars, thereby translating operational improvements into financial gains. The company also provides MERLIN Continuous Improvement (CI) Fast-track services, a structured nine-step implementation process designed to accelerate the adoption and benefits of its systems. For shop floor personnel, the MERLIN Operator Portal, a Windows-based human-machine interface (HMI), offers a live, intuitive window into the data being collected from machines. Complementing its software suite, Memex Inc. provides essential IIoT hardware solutions. These include the MERLIN MTC-One, which incorporates sensor-based process-driven data collection, and the MTConnect hardware adapter, facilitating communication of critical operational information using the MTConnect standard protocol. The company also offers software adapters and DNC memory upgrade products, ensuring comprehensive connectivity and data management for its diverse client base.
What Products and Services Does MENXF Offer?
- Develops and manufactures software-driven Industrial Internet of Things (IIoT) platforms.
- Offers MERLIN Tempus, a core platform providing real-time manufacturing productivity metrics like Overall Equipment Effectiveness (OEE).
- Provides MERLIN Tempus Enterprise Edition for ERP connectivity and job scheduling.
- Sells MERLIN financial OEE (FOEE) to link shop floor performance to profit dollars.
- Offers MERLIN Continuous Improvement (CI) Fast-track services for implementation.
- Develops MERLIN Operator Portal, a human-machine interface for real-time machine data.
- Provides IIoT hardware solutions, including MERLIN MTC-One and MTConnect adapters.
- Serves customers primarily in the discrete manufacturing and aerospace sectors globally.
How Does MENXF Make Money?
- Sells software licenses for its MERLIN Tempus platform and specialized modules.
- Generates revenue from sales of IIoT hardware solutions like MERLIN MTC-One and MTConnect adapters.
- Offers professional services, including MERLIN Continuous Improvement (CI) Fast-track implementation.
- Provides software adapters and DNC memory upgrades, likely on a transactional basis.
- Focuses on a business-to-business (B2B) model targeting specific industrial sectors.
What Industry Does MENXF Operate In?
Memex Inc. operates within the Software - Application industry, specifically targeting the Industrial Internet of Things (IIoT) segment for discrete manufacturing and aerospace. This sector is characterized by a strong drive towards Industry 4.0, where digital transformation, automation, and data-driven decision-making are paramount. Market trends indicate a growing demand for real-time operational intelligence, predictive maintenance, and optimized production processes to enhance efficiency and reduce costs. Memex's MERLIN Tempus platform directly addresses this need by providing Overall Equipment Effectiveness (OEE) metrics and linking them to financial outcomes. The competitive landscape includes larger industrial automation companies, specialized IIoT platform providers, and enterprise software vendors. Memex positions itself by offering a focused, integrated solution that combines both software and hardware, with a specific emphasis on translating shop floor data into tangible financial benefits for its niche customer base.
Who Are MENXF's Key Customers?
- Companies within the discrete manufacturing sector.
- Organizations operating in the aerospace industry.
- Manufacturers seeking to improve operational efficiency and productivity.
- Businesses aiming to connect shop floor data with enterprise resource planning (ERP) systems.
- Customers interested in real-time Overall Equipment Effectiveness (OEE) and financial performance insights.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● No usable price
- ● No filing on record
- ● No analyst coverage
Company Profile
Memex Inc. operates in the Software - Application industry within the Technology sector. It is headquartered in Burlington, CA. The company is led by CEO David R. McPhail. MENXF has traded publicly since 2015.
Key Financial Metrics
Return on equity for Memex Inc. stands at 39.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -48.9%, showing how much profit it generates from its asset base. Its free cash flow yield is -19.2%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.39 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is -63.5%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
Memex Inc.'s Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of -35.28 places it in the distress zone, a signal of elevated financial risk.
MENXF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
MENXF Latest News
No recent news available for MENXF.
MENXF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for MENXF.
Price Targets
Wall Street price target analysis for MENXF.
MENXF MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for MENXF; grades run from A+ (80-100) to F (below 30).
Leadership: David R. McPhail
Chief Executive Officer
David R. McPhail serves as the Chief Executive Officer of Memex Inc., overseeing the strategic direction and operational management of the company. With Memex Inc. founded in 1992, Mr. McPhail has likely accumulated extensive experience within the industrial technology and software sectors. His leadership is central to the company's focus on developing and commercializing Industrial Internet of Things (IIoT) solutions for discrete manufacturing and aerospace clients. Managing a team of 21 employees, his role encompasses guiding product development, market strategy, and customer engagement in a specialized technology niche.
Track Record: Under David R. McPhail's leadership, Memex Inc. has continued to develop and refine its MERLIN Tempus platform, a key offering in the IIoT space. His tenure has seen the introduction of specialized modules like MERLIN financial OEE (FOEE) and MERLIN Tempus Enterprise Edition, expanding the company's product suite and value proposition. He has been instrumental in maintaining the company's focus on real-time manufacturing productivity metrics and serving critical sectors like aerospace.
MENXF OTC Market Information
Memex Inc. trades on the OTC market under the "OTC Other" tier. This tier is typically for companies that do not meet the disclosure or financial standards of OTCQX or OTCQB, or those that choose not to provide comprehensive public information. Unlike stocks listed on major exchanges like NYSE or NASDAQ, which have stringent listing requirements regarding financial reporting, corporate governance, and minimum share prices, companies in the "OTC Other" tier face significantly fewer regulatory obligations. This can result in less available public information and higher investment risk compared to higher OTC tiers or exchange-listed securities.
- OTC Tier: OTC Other
- Limited public disclosure due to "Unknown" status, hindering investor due diligence.
- Potentially very low trading volume and wide bid-ask spreads, leading to illiquidity.
- Higher susceptibility to price manipulation due to less regulatory oversight and lower trading activity.
- Difficulty in obtaining reliable and timely financial information for investment decisions.
- Lack of analyst coverage and institutional interest, which can further depress liquidity and visibility.
- Verify the company's most recent financial statements and audit reports directly from their investor relations or website.
- Research any available news, press releases, or corporate actions to understand recent developments.
- Assess the company's business model and competitive landscape through independent research.
- Examine management's background and track record beyond what is publicly stated.
- Understand the company's capital structure, including outstanding shares and potential dilution.
- Evaluate the bid-ask spread and average daily trading volume to gauge liquidity.
- Consult with a financial advisor experienced in OTC markets before making investment decisions.
- Established in 1992, indicating a long operational history in the technology sector.
- Headquartered in Burlington, Canada, suggesting a physical presence and operational base.
- Clear business description detailing specific products (MERLIN Tempus, FOEE) and target sectors (manufacturing, aerospace).
- Identified CEO, David R. McPhail, suggesting active management.
- Offers a suite of IIoT hardware and software solutions, indicating tangible products.
MENXF Technology Stock FAQ
What are the main risks for MENXF, particularly as an OTC stock?
As an OTC-traded stock, MENXF faces several inherent risks beyond its operational challenges. The "OTC Other" tier and "Unknown" disclosure status mean there is limited public financial information, making comprehensive due diligence difficult for investors. This lack of transparency can lead to higher investment risk and reduced investor confidence.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Information is based solely on provided text. No external research or market data beyond the source was used.
- Financial metrics are as provided and may not reflect the most current figures.