Minesto AB (publ) (STO:MINEST)
| Market Cap | 262.19M -60.3% |
| Revenue (ttm) | 22.29M -11.6% |
| Net Income | -32.68M |
| EPS | -0.15 |
| Shares Out | 260.11M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 543,989 |
| Open | 1.000 |
| Previous Close | 1.000 |
| Day's Range | 0.966 - 1.030 |
| 52-Week Range | 0.502 - 5.100 |
| Beta | 0.99 |
| Analysts | Buy |
| Price Target | 16.00 (+1,487.3%) |
| Earnings Date | Aug 13, 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. [Read more]
Financial Performance
In 2025, Minesto AB's revenue was 22.97 million, a decrease of -10.66% compared to the previous year's 25.71 million. Losses were -36.64 million, 1.47% more than in 2024.
Financial StatementsNews
Q1 2026 Minesto AB Interim Management Statement Call Transcript
Q1 2026 Minesto AB Interim Management Statement Call Transcript
Minesto AB Earnings Call Transcript: Q1 2026
Q1 saw improved cash flow, reduced costs, and a stronger liquidity position, with technology milestones achieved and business development advanced through EIB collaboration. Market risk aversion and permitting remain challenges, but commercial prospects and policy support are growing.
Minesto AB Quarterly report: Q1 2026
Minesto AB has published its Q1 2026 quarterly earnings report on May 18, 2026.
Minesto AB Earnings Call Transcript: Q4 2025
Raised SEK 82.8 million net in Q4 2025, ending the year with SEK 67.5 million cash and a positive outlook for 2026. Commercial focus intensified, with Dragon 12 demonstrating robust performance and global deal flow expanding. Major branding efforts and renewed PPA support growth.
Minesto AB Annual report: Q4 2025
Minesto AB has published its Q4 2025 annual report on February 26, 2026.
Minesto AB Quarterly report: Q4 2025
Minesto AB has published its Q4 2025 quarterly earnings report on February 26, 2026.
Minesto AB Earnings Call Transcript: Q3 2025
Secured SEK 99 million in new funding and reduced costs by 35%, enabling a stronger financial base. Commercial focus intensifies with global sales expansion, microgrid deployment in Vestmanna, and ongoing risk mitigation for large-scale tidal arrays. Key milestones expected in 2026.
Minesto AB Quarterly report: Q3 2025
Minesto AB has published its Q3 2025 quarterly earnings report on November 27, 2025.
Minesto AB Earnings Call Transcript: Q2 2025
Dragon 12 achieved a 25% production boost, supporting commercial rollout and investor confidence. SEK 25 million grant and organizational restructuring enhance efficiency and market reach, while strong brand exposure and new partnerships drive growth.
Minesto AB Quarterly report: Q2 2025
Minesto AB has published its Q2 2025 quarterly earnings report on August 14, 2025.