Minesto AB (publ) (STO:MINEST)

Market Cap	191.46M
Revenue (ttm)	23.44M
Net Income (ttm)	-33.51M
Shares Out	259.43M
EPS (ttm)	-0.16
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	723,448
Average Volume	1,720,215
Open	0.7650
Previous Close	0.7700
Day's Range	0.7290 - 0.7700
52-Week Range	0.5850 - 5.1000
Beta	1.33
RSI	36.97
Earnings Date	Feb 26, 2026

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.