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MINEST.ST Nasdaq Stockholm Independent Power Producers

Minesto AB

kr1,53
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About

Minesto AB is a Swedish company that develops and commercializes underwater kite technology for generating renewable ocean energy.

Business. Minesto AB (MINEST.ST) is an independent power producer operating within the utilities sector. The company is headquartered in Sweden and is primarily listed on the Nasdaq Stockholm exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

Classification92 %
SectorUtilities
IndustryIndependent Power Producers
ActivityUtilities
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
not yet wired
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning MINEST.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities · THIS SECTOR−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to MINEST.ST. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Minesto AB (MINEST.ST) is an independent power producer operating within the utilities sector. The company is headquartered in Sweden and is primarily listed on the Nasdaq Stockholm exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

    Classification92 %
    SectorUtilities
    IndustryIndependent Power Producers
    ActivityUtilities
    AI synthesis
    GENERATED

    Minesto operates with a capital structure that includes 260,111,612 basic and diluted shares outstanding, indicating no immediate dilution pressure from share-based compensation or convertible instruments. However, liquidity risk remains unassessed due to the absence of balance-sheet inputs and no going-concern language in source documents. The company's valuation snapshot is currently unavailable, limiting the ability to assess traditional liquidity metrics such as cash reserves or debt-to-equity ratios.

    Profitability and returns are not currently quantifiable due to the lack of financial metrics in the valuation snapshot. The company's performance cannot be benchmarked against industry_config preferred metrics or cohort medians, as no revenue, EBITDA, or ROIC data is available. This opacity limits the ability to assess whether Minesto is outperforming or underperforming its peers in the Independent Power Producers industry.

    Minesto's revenue concentration and geographic exposure are not disclosed in the available data. The company's business model is centered on its proprietary underwater kite technology, but no segment or geographic breakdown is provided, making it difficult to assess diversification or exposure to regional regulatory or economic risks.

    Growth trajectory is speculative due to the absence of historical revenue data and forward-looking guidance. The outlook for the current and next fiscal years is not quantified, and no numeric deltas are provided to indicate expected growth or contraction. This lack of data makes it difficult to assess the company's trajectory in the renewable energy market.

    Risk factors include unassessed liquidity risk and a low dilution potential, with no near-term dilution pressure identified. The company's ESG score is 8.71, with a D grade, indicating significant room for improvement in environmental, social, and governance practices. The low social pillar score of 2.80 is particularly concerning. No recent filings or transcripts are available to provide additional context on risk management or strategic direction.

    Recent events, including filings or transcripts, are not disclosed in the available data. The absence of recent disclosures limits the ability to assess management's strategic direction or the company's response to market conditions.

    Key takeaways
    • Minesto operates in the renewable energy space with a focus on underwater kite technology for ocean energy generation.
    • The company has no immediate dilution pressure, with basic and diluted shares outstanding being equal.
    • Liquidity risk is unassessed due to missing balance-sheet data and no going-concern language in source documents.
    • ESG performance is weak, with a low score and a D grade, particularly in the social pillar.
    • Growth trajectory and profitability metrics are not available, limiting the ability to assess performance or future potential.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Annual
    ANNUALFiled 2023-02-27
    FY 2023 · Full-year highlights

    Operating income −17,9% YoY; Net income −465,6% YoY.

    Revenue
    Operating income-kr 23.7M−17,9 % YoY
    Net income-kr 84.4M−465,6 % YoY
    Free cash flow-kr 164.4M−84,4 % YoY
    EPS
    Operating cash flow-kr 36.6M−79,2 % YoY
    Financials
    Income statement
    Revenue
    Gross profit
    Operating income-kr 23.7M
    Net income-kr 84.4M
    Balance sheet
    Total assetskr 486.2M
    Total liabilitieskr 32.8M
    Total equitykr 453.3M
    Cash & equivalentskr 34.6M
    Long-term debtkr 500.0k
    Cash flow
    Operating cash flow-kr 36.6M
    CapEx-kr 80.2M
    Free cash flow-kr 164.4M
    SBC
    Highlights
    • Operating income −17,9% YoY
    • Net income −465,6% YoY
    • Free cash flow −84,4% YoY

    Valuation FY

    Market price
    kr1,53
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
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    P / Tangible book
    Tangible book
    Net cash
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    Debt / equity
    ROA
    ROE
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    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskUnknown

    Benchmarks vs cohort

    No cohort benchmark data available for this issuer yet.

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    Source documents
    • Minesto AB Market data — financials · 2026-05-28
    • Minesto AB Market data — ESG · 2026-05-28

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    MINEST.STCanonical
    Nasdaq Stockholm · SEK

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskUnknown

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2023-02-27 07:40 UTCEARNINGSAnnual results — FY 2023 Net SEK -84.4M
    2022-03-17 08:44 UTCEARNINGSAnnual results — FY 2022 Net SEK -14.9M
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage