YOLFTbeta
Minesto AB

Minesto AB

MINEST · ST · Utilities / Utilities - Renewable

0.77SEK-0.03 (-3.75%)

Price History

Full chart

Market Stats

Previous Close0.80
Open0.80
Day Range0.766 – 0.844
52-Week Range0.502 – 2.40
Volume698.64K
Market Cap280.92M
P/E (TTM)0.00
Forward P/E0.00
EPS-0.12
Dividend Yield0.00%
Beta0.97
50-Day Avg1.53
200-Day Avg1.06

About

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.

Company Details

  • SectorUtilities
  • IndustryUtilities - Renewable
  • CEODr. Martin Edlund Ph.D.
  • Employees31
  • HeadquartersJ A Wettergrens gata 14, Gothenburg, Sweden, 421 30, Sweden
  • Websitehttps://minesto.com

Leadership

  • Dr. Martin Edlund Ph.D.CEO & Director · b. 1969
  • Mr. Alexander JanckeChief Financial Officer
  • Mr. Johannes HuffmeierChief Operations Officer
  • Mr. Bernt Erik WestreChief Technology Officer
  • Ms. Cecilia SernhageChief Communications Officer
  • Louise MarsdenChief Personnel Officer

Financials

Income Statement

Currency: SEK2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue15.00K130.00K37.19K27.65M33.43M34.55M35.75M40.06M38.76M42.82M391.00K75.00K0
Growth (%)-+766.67%-71.39%+74245.16%+20.92%+3.34%+3.47%+12.07%-3.24%+10.46%-99.09%-80.82%-100.00%
Cost of Revenue-9.81M-11.58M-15.11M-27.65M-33.43M-34.55M-35.69M-40.06M-38.76M-42.82M-41.39M-25.64M252.00K
Gross Profit9.82M11.71M15.15M55.29M66.86M69.10M71.44M80.13M77.53M85.64M41.78M25.71M-252.00K
Gross Margin65486.67%9004.62%40726.73%200.00%200.00%200.00%199.84%200.00%200.00%200.00%10686.45%34281.33%-
Operating Expense23.55M21.82M32.33M70.85M76.80M80.99M198.23M93.24M97.66M109.38M70.46M63.06M38.52M
Operating Income-13.73M-10.12M-17.18M-15.55M-9.94M-11.89M-126.79M-13.11M-20.14M-23.75M-28.68M-37.34M-38.77M
Operating Margin-91506.67%-7783.08%-46210.58%-56.25%-29.73%-34.41%-354.69%-32.73%-51.95%-55.46%-7335.04%-49793.33%-
EBITDA-13.19M-9.68M-16.78M-14.62M-9.60M-11.80M-125.33M-12.95M-18.58M-22.21M-26.78M-35.79M-38.52M
EBITDA Margin-87918.37%-7447.75%-45127.37%-52.86%-28.71%-34.14%-350.60%-32.32%-47.93%-51.88%-6847.90%-47714.67%-
Net Income-10.95M-9.19M-15.51M-12.93M-7.87M-11.00M-99.96M-13.30M-14.93M-84.44M-27.12M-36.10M-36.63M
Net Income Margin-72966.67%-7071.54%-41713.89%-46.75%-23.53%-31.84%-279.63%-33.21%-38.51%-197.20%-6936.90%-48138.67%-
Interest Expense188.00K1.70M2.62M1.38M413.49K576.88K430.41K3.59M20.78K71224.73K41.00K2.25M
Interest Expense % of Total Revenue1253.33%1309.96%7046.67%5.00%1.24%1.67%1.20%8.95%0.05%0.00%6.33%54.67%-

Balance Sheet

Currency: SEK2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets69.98M91.94M217.81M217.83M282.27M324.55M428.57M430.14M559.50M486.18M552.14M586.19M652.60M
Total Liabilities4.39M11.37M19.59M32.54M30.78M20.33M29.87M18.35M21.75M32.83M29.40M17.54M22.24M
Total Equity65.58M80.58M198.22M185.29M251.48M304.22M398.70M411.78M537.75M453.34M522.75M568.65M630.36M
Cash1.13M573.00K81.17M45.63M46.87M2.91M53.99M104.36M150.89M34.58M15.16M34.89M67.57M
Total Debt500.00K500.00K500.00K500.00K500.00K500.00K12.95M500.00K1.45M1.45M500.00K500.00K500.00K
Net Debt-634.00K-73.00K-80.67M-45.13M-46.37M-2.41M-53.49M-103.86M-150.39M-34.08M-14.66M-34.39M-67.07M

Cash Flow

Currency: SEK2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-17.25M-4.68M-9.50M-27.40M-21.08M-33.64M-99.47M86.41M-20.41M-36.58M-16.20M-10.22M-36.18M
Investing Cash Flow-17.99M-20.06M-38.77M-7.85M-55.41M-67.78M-41.63M-61.10M-74.45M-80.18M-100.54M-52.29M-29.50M
Financing Cash Flow7.96M24.18M128.60M077.76M57.28M192.08M26.13M140.26M-196.73M81.95M98.68M
Capital Expenditure22.14M19.95M38.52M7.85M55.41M67.77M41.63M61.10M74.45M80.18M100.54M52.32M29.50M
Free Cash Flow-39.39M-24.63M-48.02M-35.25M-76.49M-101.41M-141.10M25.31M-94.87M-116.77M-116.74M-62.54M-65.68M
FCF to OCF228.33%526.14%505.48%128.67%362.82%301.47%141.85%29.29%464.77%319.20%720.60%611.97%181.54%

Earnings

Report DateDec 31, 2015Mar 31, 2016Apr 23, 2020Aug 20, 2020Oct 22, 2020Mar 18, 2021Apr 22, 2021Aug 19, 2021Oct 21, 2021Mar 17, 2022Apr 21, 2022Aug 18, 2022Oct 20, 2022Feb 24, 2023Apr 20, 2023Aug 17, 2023Feb 26, 2024Apr 25, 2024Aug 22, 2024Oct 24, 2024Feb 27, 2025Apr 30, 2025Aug 15, 2025Oct 30, 2025Feb 27, 2026May 1, 2026Aug 20, 2026
EPS Estimate----0.06-0.07--0.10-0.07-0.070.09----0.03---0.03-0.03---------
EPS Actual-0.05-0.05-0.01-0.04-0.01-0.05-0.02-0.03-0.02-0.04-0.03-0.03-0.03-0.52-0.04-0.03-0.51-0.51-0.06-0.05-0.02-0.06-0.05-0.04-0.03-0.03-0.03
Surprise---33.33%85.71%-80.00%57.14%71.43%-144.44%----1633.33%---1600.00%-1600.00%---------
Timing--Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-market-----

Key Statistics & Ratios

Market Cap280.92M
Enterprise Value234.66M
Trailing P/E0.00
Forward P/E0.00
Price / Sales18.79
Price / Book0.49
EPS-0.12
Book Value2.37
Revenue (TTM)-964.00K
Gross Profit (TTM)-20.35M
EBITDA-29.37M
Profit Margin0.00%
Operating Margin149.05%
Return on Equity-5.07%
Return on Assets-3.00%
Shares Outstanding260.11M
Shares Float195.25M
Beta0.97
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%