Total Returns (Price + Dividend) 
Company does not have enough history
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
-31.00%
EBIT Growth (5y)
-37.49%
EBIT to Interest (avg)
-26.24
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.00
Tax Ratio
0.01%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
0.92
EV to EBIT
-14.10
EV to EBITDA
-14.10
EV to Capital Employed
0.91
EV to Sales
NA
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-6.49%
ROE (Latest)
-6.22%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
Bullish
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
Bearish
No Trend
OBV
Bearish
No Trend
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY
Jun'25
Jun'24
Change(%)
Net Sales
0.00
0.00
Operating Profit (PBDIT) excl Other Income
-9.80
-11.50
14.78%
Interest
1.10
0.10
1,000.00%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-10.90
-11.60
6.03%
Operating Profit Margin (Excl OI)
0.00%
0.00%
NA
USD in Million.
Net Sales
YoY Growth in quarter ended Jun 2025 is 0.00% vs -100.00% in Jun 2024
Consolidated Net Profit
YoY Growth in quarter ended Jun 2025 is 6.03% vs -182.93% in Jun 2024
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
0.10
0.40
-75.00%
Operating Profit (PBDIT) excl Other Income
-44.40
-32.20
-37.89%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Consolidate Net Profit
-36.10
-27.10
-33.21%
Operating Profit Margin (Excl OI)
-595,586.70%
-83,179.90%
-51,240.68%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is -75.00% vs 0.00% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is -33.21% vs 67.89% in Dec 2023
About Minesto AB 
Minesto AB
Power
Minesto AB is a Sweden-based company engaged in the development of tidal energy devices. The Company's product Deep Green, is a power plant that converts energy from tidal stream flows into electricity by way somewhat similar to the posture of a wind kite. The kite assembly, consisting of a wing and turbine, is attached by a tether to a fixed point on the ocean bed. As water flows over the hydrodynamic wind, a lift force is generated which allows the device to move smoothly through the water and for the turbine to rotate hence generating electricity. The Company has offices in Sweden, North Ireland and the United Kingdom. The Company is co-owned by SAAB, BGA Invest, Verdane Capital, Encubator and Midroc.
Company Coordinates 
Company Details
Vita gavelns vag 6 , VAESTRA FROELUNDA None : 426 71
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