Minesto AB (publ) (STO:MINEST)

Market Cap	674.36M
Revenue (ttm)	24.42M
Net Income (ttm)	-34.73M
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	204,022
Average Volume	173,698
Open	3.075
Previous Close	3.120
Day's Range	3.040 - 3.350
52-Week Range	1.270 - 5.100
Beta	1.14
RSI	35.39
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.