Minesto AB (publ) (STO:MINEST)

Minesto AB Income Statement

Financials in millions SEK. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	23.44	25.71	41.78	42.82	38.76	40.06
Revenue Growth (YoY)	-10.93%	-38.47%	-2.42%	10.46%	-3.25%	12.07%
Cost of Revenue	7.58	14.58	17.53	13.03	11.86	9.49
Gross Profit	15.86	11.13	24.25	29.79	26.9	30.57
Selling, General & Admin	55.53	55.53	56.42	56.21	49.97	47.44
Other Operating Expenses	-7.32	-7.32	-3.81	-2.93	-3.11	-3.93
Operating Expenses	48.48	48.48	52.93	53.53	47.04	43.68
Operating Income	-32.62	-37.35	-28.68	-23.75	-20.14	-13.11
Interest Expense	-2.02	-0.04	-0.03	-0	-0.02	-3.59
Interest & Investment Income	1.13	1.28	1.58	1.27	1.38	0
Pretax Income	-33.51	-36.1	-27.12	-22.47	-18.78	-16.7
Income Tax Expense	0	0	0	61.97	-3.85	-3.4
Net Income	-33.51	-36.1	-27.12	-84.44	-14.93	-13.3
Net Income to Common	-33.51	-36.1	-27.12	-84.44	-14.93	-13.3
Shares Outstanding (Basic)	204	186	155	138	134	127
Shares Outstanding (Diluted)	204	186	156	138	134	127
Shares Change (YoY)	22.54%	19.07%	13.68%	2.39%	6.24%	15.96%
EPS (Basic)	-0.16	-0.19	-0.17	-0.61	-0.11	-0.11
EPS (Diluted)	-0.16	-0.19	-0.17	-0.61	-0.11	-0.11
Free Cash Flow	-7.93	-10.55	-16.27	-37.15	-20.5	86.09
Free Cash Flow Per Share	-0.04	-0.06	-0.10	-0.27	-0.15	0.68
Gross Margin	67.68%	43.30%	58.04%	69.57%	69.39%	76.30%
Operating Margin	-139.17%	-145.25%	-68.64%	-55.46%	-51.95%	-32.73%
Profit Margin	-142.98%	-140.42%	-64.91%	-197.20%	-38.51%	-33.21%
Free Cash Flow Margin	-33.84%	-41.02%	-38.95%	-86.75%	-52.89%	214.88%
EBITDA	-32.42	-37.07	-28.3	-23.39	-19.87	-12.95
EBITDA Margin	-138.34%	-144.18%	-67.72%	-54.62%	-51.25%	-32.32%
D&A For EBITDA	0.19	0.28	0.38	0.36	0.27	0.17
EBIT	-32.62	-37.35	-28.68	-23.75	-20.14	-13.11
EBIT Margin	-139.17%	-145.25%	-68.64%	-55.46%	-51.94%	-32.73%
Revenue as Reported	33.04	33.04	45.59	45.75	41.87	43.99

Source: S&P Global Market Intelligence. Standard template. Financial Sources.