Minesto AB (publ) (STO:MINEST)

Sweden flag Sweden · Delayed Price · Currency is SEK
1.008
+0.008 (0.80%)
Jun 18, 2026, 5:29 PM CET
Market Cap262.19M -60.3%
Revenue (ttm)22.29M -11.6%
Net Income-32.68M
EPS-0.15
Shares Out 260.11M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume543,989
Open1.000
Previous Close1.000
Day's Range0.966 - 1.030
52-Week Range0.502 - 5.100
Beta0.99
AnalystsBuy
Price Target16.00 (+1,487.3%)
Earnings DateAug 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]

Sector Utilities
Founded 2007
Employees 36
Stock Exchange Nasdaq Stockholm
Ticker Symbol MINEST
Full Company Profile

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 Statements

News

Q1 2026 Minesto AB Interim Management Statement Call Transcript

Q1 2026 Minesto AB Interim Management Statement Call Transcript

4 weeks ago - GuruFocus

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.

4 weeks ago - Transcripts

Minesto AB Quarterly report: Q1 2026

Minesto AB has published its Q1 2026 quarterly earnings report on May 18, 2026.

4 weeks ago - Filings

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.

4 months ago - Transcripts

Minesto AB Annual report: Q4 2025

Minesto AB has published its Q4 2025 annual report on February 26, 2026.

4 months ago - Filings

Minesto AB Quarterly report: Q4 2025

Minesto AB has published its Q4 2025 quarterly earnings report on February 26, 2026.

4 months ago - Filings

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.

7 months ago - Transcripts

Minesto AB Quarterly report: Q3 2025

Minesto AB has published its Q3 2025 quarterly earnings report on November 27, 2025.

7 months ago - Filings

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.

11 months ago - Transcripts

Minesto AB Quarterly report: Q2 2025

Minesto AB has published its Q2 2025 quarterly earnings report on August 14, 2025.

11 months ago - Filings