Minesto AB (publ) (STO:MINEST)

-28.23% (1Y)

Market Cap	588.91M
Revenue (ttm)	25.22M
Net Income (ttm)	-35.37M
Shares Out	205.91M
EPS (ttm)	-0.18
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	314,716
Average Volume	1,474,736
Open	2.805
Previous Close	2.860
Day's Range	2.610 - 2.805
52-Week Range	1.270 - 4.700
Beta	1.13
RSI	56.34
Earnings Date	Aug 21, 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.