Minesto AB (publ) (STO:MINEST)

Market Cap	339.31M
Revenue (ttm)	25.71M
Net Income (ttm)	-36.10M
Shares Out	194.12M
EPS (ttm)	-0.19
PE Ratio	n/a
Forward PE	4.83
Dividend	n/a
Ex-Dividend Date	n/a

Volume	106,883
Average Volume	291,579
Open	1.770
Previous Close	1.780
Day's Range	1.682 - 1.770
52-Week Range	1.274 - 4.220
Beta	1.15
RSI	35.72
Earnings Date	Mar 14, 2025

About Minesto AB

Minesto AB (publ), together with its subsidiaries, operates as a marine energy developer in Sweden, Wales, the Faroe Islands, Northern Ireland, and Taiwan. The company offers kite system turbines, which produces electricity from tidal streams and ocean currents. It also provides site development, operations, and maintenance services. Minesto AB (publ) was incorporated in 2007 and is headquartered in Gothenburg, Sweden.

• Industry: Utilities - Renewable
• Sector: Utilities
• Founded: 2007
• Employees: 48
• Stock Exchange: Nasdaq Stockholm
• Ticker Symbol: MINEST

Financial Performance

In 2024, Minesto AB's revenue was 25.71 million, a decrease of -38.47% compared to the previous year's 41.78 million. Losses were -36.10 million, 33.1% more than in 2023.