Minesto (MINEST.ST) Stock Price

Minesto Price

OMX·CLOSED
1.63SEK+0.03 (+1.73 %)
Market closed

Over the last 11 years Minesto grew revenue by 12.8% annually, reaching 75,000.00 SEK. For Minesto, the net margin of -48,138.7% is up versus -54,750.0% a few years ago. The stock trades about 201% above its 52-week low.

Minesto stock price

Volume
Details

Stock Price

ⓘ

How to Read This Chart

This chart tracks the historical stock price of Minesto over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Minesto stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Minesto's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Minesto Stock Price History
DateMinesto Price
8/5/20261.63 SEK
8/4/20261.60 SEK
7/31/20261.69 SEK
7/30/20261.70 SEK
7/29/20261.88 SEK
7/28/20261.95 SEK
7/27/20261.95 SEK
7/24/20262.03 SEK
7/23/20261.83 SEK
7/22/20261.91 SEK
7/21/20261.75 SEK
7/20/20261.90 SEK
7/17/20262.20 SEK
7/15/20262.21 SEK
7/14/20262.15 SEK
7/13/20262.07 SEK
7/10/20262.11 SEK
7/9/20261.79 SEK
7/8/20261.80 SEK
7/7/20261.65 SEK
7/6/20261.48 SEK
7/3/20261.43 SEK
7/2/20261.38 SEK
7/1/20261.30 SEK
6/30/20261.40 SEK
6/29/20261.45 SEK
6/26/20261.36 SEK
6/25/20261.30 SEK
6/24/20261.23 SEK
6/23/20261.06 SEK
6/22/20261.03 SEK
6/18/20261.01 SEK
6/17/20261.00 SEK
6/16/20261.01 SEK
6/15/20261.09 SEK
6/12/20261.15 SEK
6/11/20261.12 SEK
6/10/20261.14 SEK
6/9/20261.15 SEK
6/8/20261.08 SEK
6/5/20261.15 SEK
6/4/20261.16 SEK
6/3/20261.32 SEK
6/2/20261.37 SEK
6/1/20261.05 SEK
5/29/20260.93 SEK
5/28/20260.86 SEK
5/27/20260.86 SEK
5/26/20260.87 SEK
5/25/20260.88 SEK
5/22/20260.87 SEK
5/21/20260.86 SEK
5/20/20260.84 SEK
5/19/20260.87 SEK
5/18/20260.82 SEK
5/15/20260.86 SEK
5/13/20260.82 SEK
5/12/20260.86 SEK
5/11/20260.84 SEK
5/8/20260.84 SEK
5/7/20260.75 SEK
5/6/20260.78 SEK
5/5/20260.73 SEK
5/4/20260.75 SEK
4/30/20260.76 SEK
4/29/20260.74 SEK
4/28/20260.77 SEK
4/27/20260.90 SEK
4/24/20260.86 SEK
4/23/20260.81 SEK
4/22/20260.81 SEK
4/21/20260.70 SEK
4/20/20260.70 SEK
4/17/20260.75 SEK
4/16/20260.75 SEK
4/15/20260.75 SEK
4/14/20260.73 SEK
4/13/20260.69 SEK
4/10/20260.68 SEK
4/9/20260.68 SEK
4/8/20260.70 SEK
4/7/20260.69 SEK
4/2/20260.75 SEK
4/1/20260.76 SEK
3/31/20260.70 SEK
3/30/20260.74 SEK
3/27/20260.76 SEK
3/26/20260.75 SEK
3/25/20260.77 SEK
3/24/20260.72 SEK
3/23/20260.72 SEK
3/20/20260.66 SEK
3/19/20260.61 SEK
3/18/20260.67 SEK
3/17/20260.75 SEK
3/16/20260.76 SEK
3/13/20260.80 SEK
3/12/20260.79 SEK
3/11/20260.74 SEK
3/10/20260.73 SEK
3/9/20260.67 SEK
3/6/20260.69 SEK
3/5/20260.65 SEK
3/4/20260.67 SEK
3/3/20260.62 SEK
3/2/20260.62 SEK
2/27/20260.61 SEK
2/26/20260.55 SEK
2/25/20260.59 SEK
2/24/20260.57 SEK
2/23/20260.56 SEK
2/20/20260.58 SEK
2/19/20260.55 SEK
2/18/20260.54 SEK
2/17/20260.56 SEK
2/16/20260.59 SEK
2/13/20260.60 SEK
2/12/20260.57 SEK
2/11/20260.55 SEK
2/10/20260.57 SEK
2/9/20260.58 SEK
2/6/20260.59 SEK
2/5/20260.58 SEK
2/4/20260.59 SEK
2/3/20260.59 SEK
2/2/20260.57 SEK
1/30/20260.61 SEK
1/29/20260.61 SEK
1/28/20260.61 SEK
1/27/20260.60 SEK
1/26/20260.61 SEK
1/23/20260.67 SEK
1/22/20260.68 SEK
1/21/20260.70 SEK
1/20/20260.72 SEK
1/19/20260.70 SEK
1/16/20260.72 SEK
1/15/20260.70 SEK
1/14/20260.72 SEK
1/13/20260.70 SEK
1/12/20260.69 SEK
1/9/20260.71 SEK
1/8/20260.69 SEK
1/7/20260.71 SEK
1/5/20260.72 SEK
1/2/20260.73 SEK
12/30/20250.74 SEK
12/29/20250.77 SEK
12/23/20250.70 SEK
12/22/20250.70 SEK
12/19/20250.70 SEK
12/18/20250.69 SEK
12/17/20250.70 SEK
12/16/20250.70 SEK
12/15/20250.70 SEK
12/12/20250.71 SEK
12/11/20250.72 SEK
12/10/20250.73 SEK
12/9/20250.74 SEK
12/8/20250.76 SEK
12/5/20250.83 SEK
12/4/20250.81 SEK
12/3/20250.80 SEK
12/2/20250.81 SEK
12/1/20250.73 SEK
11/28/20250.78 SEK
11/27/20250.69 SEK
11/26/20250.63 SEK
11/25/20250.67 SEK
11/24/20250.65 SEK
11/21/20250.73 SEK
11/20/20250.79 SEK
11/19/20251.17 SEK
11/18/20251.23 SEK
11/17/20251.18 SEK
11/14/20251.25 SEK
11/13/20251.30 SEK
11/12/20251.41 SEK
11/11/20251.42 SEK
11/10/20251.42 SEK
11/7/20251.45 SEK
11/6/20251.45 SEK
11/5/20251.46 SEK
11/4/20251.44 SEK
11/3/20251.46 SEK
10/31/20251.50 SEK
10/30/20251.55 SEK
10/29/20251.53 SEK
10/28/20251.62 SEK
10/27/20251.58 SEK
10/24/20251.70 SEK
10/23/20251.70 SEK
10/22/20251.78 SEK
10/21/20251.80 SEK
10/20/20251.81 SEK
10/17/20251.81 SEK
10/16/20251.82 SEK
10/15/20251.79 SEK
10/14/20251.76 SEK
10/13/20251.74 SEK
10/10/20251.84 SEK
10/9/20251.85 SEK
10/8/20251.90 SEK
10/7/20251.89 SEK
10/6/20251.92 SEK
10/3/20251.86 SEK
10/2/20251.84 SEK
10/1/20251.88 SEK
9/30/20251.88 SEK
9/29/20251.88 SEK
9/26/20251.91 SEK
9/25/20251.92 SEK
9/24/20251.90 SEK
9/23/20251.88 SEK
9/22/20251.88 SEK
9/19/20251.90 SEK
9/18/20251.87 SEK
9/17/20251.92 SEK
9/16/20251.92 SEK
9/15/20251.83 SEK
9/12/20251.83 SEK
9/11/20251.82 SEK
9/10/20251.79 SEK
9/9/20251.85 SEK
9/8/20251.87 SEK
9/5/20251.93 SEK
9/4/20251.83 SEK
9/3/20251.82 SEK
9/2/20251.93 SEK
9/1/20251.98 SEK
8/29/20252.00 SEK
8/28/20252.08 SEK
8/27/20252.09 SEK
8/26/20252.13 SEK
8/25/20252.15 SEK
8/22/20252.08 SEK
8/21/20252.05 SEK
8/20/20252.05 SEK
8/19/20252.15 SEK
8/18/20252.15 SEK
8/15/20252.18 SEK
8/14/20252.12 SEK
8/13/20252.26 SEK
8/12/20252.22 SEK
8/11/20252.18 SEK
8/8/20252.24 SEK
8/7/20252.20 SEK
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Minesto Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2019
0.00 SEK
-126.79 M SEK
-99.96 M SEK
Jan 1, 2020
0.00 SEK
-13.11 M SEK
-13.30 M SEK
Jan 1, 2021
0.00 SEK
-20.14 M SEK
-14.93 M SEK
Jan 1, 2022
0.00 SEK
-23.75 M SEK
-84.44 M SEK
Jan 1, 2023
390,600.00 SEK
-28.68 M SEK
-27.12 M SEK
Jan 1, 2024
75,000.00 SEK
-37.35 M SEK
-36.10 M SEK
Jan 1, 2025 (e)
454.12 M SEK
-182.44 M SEK
66.23 M SEK
Jan 1, 2026 (e)
399.33 M SEK
0.00 SEK
-20.84 M SEK

Minesto Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 6, 2026, 4:16 PM
 
REVENUEM SEK
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM SEK
EBITM SEK
EBIT MARGIN%
NET INCOMEM SEK
NET INCOME GROWTH%
SHARESM
2013201420152016201720182019202020212022202320242025e2026e
––––––––––––454.00399.00
–––––––––––––-12.11
––––––––––––5.516.27
9.0011.0015.0027.0033.0034.0035.0040.0038.0042.0041.0025.0025.0025.00
-13.00-10.00-17.00-15.00-9.00-11.00-126.00-13.00-20.00-23.00-28.00-37.00-182.00–
––––––––––––-40.09–
-10.00-9.00-15.00-12.00-7.00-11.00-99.00-13.00-14.00-84.00-27.00-36.0066.00-20.00
–-10.0066.67-20.00-41.6757.14800.00-86.877.69500.00-67.8633.33-283.33-130.30
19.5021.0169.9969.9885.62102.85122.60131.92143.72145.86166.00189.10189.10189.10
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Minesto generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Minesto retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Minesto's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Minesto has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Minesto's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Minesto stock margins

The Minesto margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Minesto. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Minesto.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2019
34,281.33 %
- %
- %
Jan 1, 2020
34,281.33 %
- %
- %
Jan 1, 2021
34,281.33 %
- %
- %
Jan 1, 2022
34,281.33 %
- %
- %
Jan 1, 2023
10,697.36 %
-7,342.60 %
-6,944.01 %
Jan 1, 2024
34,281.33 %
-49,793.33 %
-48,138.67 %
Jan 1, 2025 (e)
34,281.33 %
-40.17 %
14.59 %
Jan 1, 2026 (e)
34,281.33 %
0.00 %
-5.22 %

Minesto Stock Revenue, EBIT, Earnings per Share

The Minesto earnings per share therefore indicates how much revenue Minesto has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2019
0.00 SEK
-1.03 SEK
-0.82 SEK
Jan 1, 2020
0.00 SEK
-0.10 SEK
-0.10 SEK
Jan 1, 2021
0.00 SEK
-0.14 SEK
-0.10 SEK
Jan 1, 2022
0.00 SEK
-0.16 SEK
-0.58 SEK
Jan 1, 2023
0.00 SEK
-0.17 SEK
-0.16 SEK
Jan 1, 2024
0.00 SEK
-0.20 SEK
-0.19 SEK
Jan 1, 2025 (e)
2.40 SEK
-0.96 SEK
0.35 SEK
Jan 1, 2026 (e)
2.11 SEK
0.00 SEK
-0.11 SEK

Minesto business model & stock analysis

Minesto AB is a Swedish company specializing in the development of technologies for harvesting renewable energy from ocean currents. The company was founded in 2007 and is headquartered in Gothenburg, employing around 80 employees. Minesto AB was founded by Martin Edlund, who recognized the importance of ocean energy resources for the future. With the help of investors, the company quickly grew and invested in the development of marine energy technologies. The company's business model is based on the development and sale of technologies for harvesting renewable energy from ocean currents. They have developed a technology called "Deep Green," which is an underwater kite that moves along deepwater channels using the current, driving a generator to produce electricity. Minesto AB's model is to sell the technology for small, decentralized installations that could be installed near coasts or in remote island areas. They have also invested in other areas, such as marine technology and environmental monitoring of offshore energy systems. Minesto AB's main product is the Deep Green technology, which has been praised as the "green energy source of the future" and has the potential to play a significant role in future energy supply. The company has also developed a wide range of products and services in the field of marine energy and technology.

Minesto SWOT Analysis

Strengths

Minesto AB has several key strengths that give it a competitive edge in the market. These include:

  • Unique technology: Minesto AB has developed a unique and innovative technology for harnessing tidal and ocean currents, allowing for more efficient electricity generation compared to traditional methods.
  • Patent portfolio: The company possesses a strong patent portfolio that protects its technology and gives it a significant advantage over potential competitors.
  • Strategic partnerships: Minesto AB has established strategic partnerships with leading organizations in the renewable energy sector, enhancing its market presence and providing access to resources and expertise.
  • Strong management team: The company is led by an experienced management team with a track record of success in the renewable energy industry, ensuring effective decision-making and execution of business strategies.

Weaknesses

Despite its strengths, Minesto AB also faces certain weaknesses that could hinder its growth and success:

  • High initial costs: The development and deployment of Minesto's technology require significant upfront investments, which may pose financial challenges, especially in the early stages of commercialization.
  • Limited project scalability: The current technology may have limitations in terms of scalability, potentially restricting the company's ability to tap into larger markets with higher electricity demand.
  • Dependency on government support: The success of Minesto AB heavily relies on government support and favorable regulatory frameworks to incentivize the adoption of marine energy solutions.

Opportunities

Minesto AB operates in a dynamic industry with several opportunities for future growth and expansion:

  • Rising demand for clean energy: The increasing global focus on renewable energy sources presents a significant opportunity for Minesto AB to capitalize on the growing demand for clean electricity generation.
  • Emerging markets: The company can explore emerging markets with untapped tidal and ocean energy potentials, where there is less competition and a greater willingness to invest in innovative renewable energy technologies.
  • Technological advancements: Continuous advancements in technology can potentially lead to improved efficiencies and cost reductions in Minesto's systems, making them even more competitive in the market.

Threats

Minesto AB faces various threats that could impact its position and operations in the industry:

  • Competition: The renewable energy sector is highly competitive, and Minesto AB may face competition from other companies developing similar marine energy technologies.
  • Regulatory challenges: Changes in government policies and regulations related to renewable energy can pose challenges to the company's operations, particularly if they become less favorable or inconsistent.
  • Market barriers: The market acceptance and adoption of Minesto AB's technology may be hindered by factors such as limited awareness, lack of infrastructure, and resistance from traditional energy players.

Minesto Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Minesto historical P/E ratio, EBIT multiple, and P/S ratio

Minesto annual returns

Details

Annual Return

ⓘ

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Minesto shares outstanding

The number of shares of Minesto was 189.1 M in 2025. This indicates how many shares Minesto is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2019
122.60 M Stocks
Jan 1, 2020
131.92 M Stocks
Jan 1, 2021
143.72 M Stocks
Jan 1, 2022
145.86 M Stocks
Jan 1, 2023
166.00 M Stocks
Jan 1, 2024
189.10 M Stocks
Jan 1, 2025 (e)
189.10 M Stocks
Jan 1, 2026 (e)
189.10 M Stocks
Price targets and forecasts for Minesto are not yet available.

Minesto Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
3/17/20220.09SEK--SEK-2021 Q4
10/21/2021-0.07SEK--SEK-2021 Q3
8/19/2021-0.07SEK--SEK-2021 Q2
4/22/2021-0.10SEK--SEK-2021 Q1
3/18/2021-0.09SEK-12.18 MSEK-2020 Q4
10/22/2020-0.07SEK-12.18 MSEK-2020 Q3
8/20/2020-0.06SEK-12.18 MSEK-2020 Q2

EESG©

Eulerpool ESG Scorecard© for the Minesto stock

10/100
14
Environment
2
Social
15
Governance
E

Environment

20
Scope 1 - Direct Emissions—
Scope 2 - Indirect emissions from purchased energy—
Scope 3 - Indirect emissions within the value chain—
Total CO₂ emissions—
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees—
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Minesto shareholder structure

% Name
0.42067%
Storebrand Kapitalforvaltning AS
Storebrand Kapitalforvaltning AS
0.15353%
Storebrand Fonder AB
Storebrand Fonder AB
0.02149%
FCG Fonder AB
FCG Fonder AB
0.00000%
FPM Frankfurt Performance Management AG
FPM Frankfurt Performance Management AG

Minesto Beneficial Ownership Filings (SEC 13D/G)

Free Float
79.3%
Float Shares
-
Shares Outstanding
-

Minesto Executives and Management Board

12 members · avg. age 60 · 25 % women

ME

Dr. Martin Edlund

Chief Executive Officer, Executive Director · since 2016

2.48 M SEK

Management

GK

Mr. Gustav Kvibling

Chief Financial Officer

–
JH

Mr. Johannes Huffmeier

Chief Operating Officer

–
LM

Ms. Louise Marsden

Chief Personnel Officer

–
BW

Mr. Bernt Westre

Chief Technology Officer

–
DC

Mr. David Collier

Chief Strategy Officer

–
HL

Mr. Hans Lindstrom

Chief Supply Chain Officer

–

Board of Directors

JM

Mr. Jonas Millqvist (63)

Independent Chairman of the Board

315,651.00 SEK
GL

Mr. Goran Linder (62)

Director

157,500.00 SEK
GA

Mrs. Git Sturesjo Adolfsson (64)

Director

157,500.00 SEK
JL

Mr. Joel Lybert (49)

Independent Director

52,500.00 SEK

Minesto Supply Chain

Minesto Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
1 companies
#NameTrend
1
Schneider Electric
Supplier·Customer·Electrical Equipment·FR
0.89
0.70
0.37
0.78
0.02
-0.80

Frequently asked questions about Minesto

The business model of Minesto AB revolves around the development and commercialization of renewable energy technology. Minesto specializes in underwater kite technology, known as Deep Green, which enables the production of clean electricity from tidal and ocean currents. By utilizing ocean currents, Minesto aims to provide a reliable and predictable source of renewable power. With its innovative technology, Minesto AB is committed to contributing to a sustainable future by harnessing the vast energy potential of marine environments.

Minesto AB is primarily active in the renewable energy industry.

The main competitors of Minesto AB in the market include companies such as Ocean Power Technologies, Atlantis Resources Ltd, and Carnegie Wave Energy.

Minesto AB, a Swedish company, was established in 2007 with a primary focus on developing and commercializing renewable energy solutions. The company specializes in marine energy technology, particularly tidal and ocean current power. Minesto AB aims to harness the power of underwater currents using its patented Deep Green technology. This innovative approach involves the use of underwater kites, or turbines, to generate electricity from the tidal energy. With a strong emphasis on sustainability and environmental consciousness, Minesto AB strives to provide reliable and clean energy solutions to contribute to the global transition towards renewable sources.

Minesto AB, a leading company in marine energy, has achieved several significant milestones. Notably, Minesto successfully tested its unique Deep Green technology in 2018, marking a major breakthrough in the marine energy sector. The company has also obtained multiple patents for its innovative technology, solidifying its position as a pioneer in the field. Additionally, Minesto AB has secured various partnerships and funding, including collaborations with utility companies and investment from the European Union. These milestones highlight Minesto AB's commitment to revolutionizing renewable energy generation through its cutting-edge technology and strategic alliances.

Minesto AB is primarily present in Sweden, the United Kingdom, and Taiwan.

Minesto AB represents a set of core values and a strong corporate philosophy. The company strives for innovation and sustainability in the renewable energy sector. By harnessing the power of ocean currents through its unique Deep Green technology, Minesto aims to contribute to a greener future. With a focus on maximizing energy production while minimizing environmental impact, Minesto AB is committed to providing clean and reliable energy solutions. The company is dedicated to research and development, collaboration with partners, and creating long-term value for shareholders. Minesto AB's corporate philosophy is centered on responsible, efficient, and profitable operations in the marine energy industry.

5 analysts currently rate the Minesto stock: 4 recommend buying, 1 holding and 0 selling. For 2026, analysts expect Minesto to generate revenue of 399.33 M SEK and earnings per share of -0.11 SEK.

Minesto Analyst Price Targets 2026

Converted at the current exchange rate, the Minesto share trades at 0.15 EUR (1.63 SEK).

The Minesto share (MINEST.ST) is listed on 5 stock exchanges, including: Frankfurt (7MN.F), München (7MN.MU), Düsseldorf (7MN.DU).

The company Minesto AB is a leading provider in the field of renewable energies. They specialize in the development and manufacturing of underwater turbines that enable efficient production of clean energy from tidal currents. Their patented Deep Green system utilizes natural ocean currents to generate electricity with high efficiency and minimal environmental impact. Minesto AB has tested their technology in various parts of the world and is currently planning to build a commercial power plant in Wales. In addition to power generation, they also offer services in project development, planning, and energy storage technologies. Minesto AB aims to change the way renewable energies are utilized and reduce dependence on fossil fuels.

The expected revenue of Minesto is 399.33 M SEK. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Minesto is -20.84 M SEK. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Minesto is currently -14.77. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Minesto stock.

The price-to-sales ratio (P/S) of Minesto is currently 0.77. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Minesto stock.

The Eulerpool Quality Score for Minesto is 3/10.

The ISIN of Minesto is SE0007578141. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Minesto is A143TN. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Minesto is MINEST.ST. The ticker symbol is used to trade Minesto shares on the stock exchange.

Minesto paid dividends every year for the past 0 years.

Minesto is assigned to the 'Industry' sector.

The dividends of Minesto are distributed in SEK.

All fundamentals and in-depth analysis of Minesto

Our stock analysis for Minesto stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Minesto. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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