Minesto Overview
- Year Founded
-
2007

- Status
-
Public
- Employees
-
48

- Stock Symbol
-
MINEST

- Share Price
-
$0.32
- (As of Thursday Closing)
Minesto General Information
Description
Minesto AB is a Sweden based company engaged in the production of tidal energy from the oceans. The main sources of the ocean energy include Tidal streams, Ocean currents, Tidal range (rise and fall), Waves, Ocean thermal energy and Salinity gradients.
Contact Information
Website
www.minesto.comCorporate Office
- J A Wettergrens gata 14
- Västra Frölunda
- 426 71 Gothenburg
- Sweden
Corporate Office
- J A Wettergrens gata 14
- Västra Frölunda
- 426 71 Gothenburg
- Sweden
Minesto Stock Performance
As of 12-Jun-2025, Minesto’s stock price is $0.32. Its current market cap is $66.9M with 206M shares.
(As of Thursday Closing)
Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
---|---|---|---|---|---|---|
$0.32 | $0.29 | $0.12 - $0.49 | $66.9M | 206M | 791K | -$0.02 |
Minesto Financials Summary
As of 31-Mar-2025, Minesto has a trailing 12-month revenue of $14.1K.
In Thousands, USD |
TTM 31-Mar-2025 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
---|---|---|---|---|
EV | 32,687 | 41,520 | 129,790 | 128,239 |
Revenue | 14 | 7 | 37 | 0 |
EBITDA | (3,403) | (3,505) | (2,662) | (2,305) |
Net Income | (3,321) | (3,414) | (2,552) | (8,323) |
Total Assets | 57,053 | 53,128 | 55,248 | 46,605 |
Total Debt | 0 | 45 | 50 | 0 |
Minesto Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
Minesto Comparisons
Industry
Financing
Details
Minesto Competitors (8)
One of Minesto’s 8 competitors is Nova Innovation, a Private Equity-Backed company based in Edinburgh, United Kingdom.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Nova Innovation | Private Equity-Backed | Edinburgh, United Kingdom | ||||
Verdant Power | Venture Capital-Backed | New York, NY | ||||
Orbital Marine Power | Venture Capital-Backed | Kirkwall, United Kingdom | ||||
Tocardo | Corporate Backed or Acquired | Wieringerwerf, Netherlands | ||||
Eco Wave Power | Formerly VC-backed | Stockholm, Sweden |
Minesto Patents
Minesto Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20240318621-A1 | Submersible power plant | Pending | 24-Jun-2021 | ||
EP-4359664-A1 | Submersible power plant | Active | 24-Jun-2021 | ||
EP-4359664-B1 | Submersible power plant | Active | 24-Jun-2021 | ||
US-20220049677-A1 | Submersible power plant for producing electrical power | Active | 20-Dec-2018 | ||
US-11542908-B2 | Submersible power plant for producing electrical power | Active | 20-Dec-2018 | F03B13/10 |
Minesto Signals
Minesto Investors
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|
Minesto ESG
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
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Minesto FAQs
-
When was Minesto founded?
Minesto was founded in 2007.
-
Where is Minesto headquartered?
Minesto is headquartered in Gothenburg, Sweden.
-
What is the size of Minesto?
Minesto has 48 total employees.
-
What industry is Minesto in?
Minesto’s primary industry is Alternative Energy Equipment.
-
Is Minesto a private or public company?
Minesto is a Public company.
-
What is Minesto’s stock symbol?
The ticker symbol for Minesto is MINEST.
-
What is the current stock price of Minesto?
As of 12-Jun-2025 the stock price of Minesto is $0.32.
-
What is the current market cap of Minesto?
The current market capitalization of Minesto is $66.9M.
-
What is Minesto’s current revenue?
The trailing twelve month revenue for Minesto is $14.1K.
-
Who are Minesto’s competitors?
Nova Innovation, Verdant Power, Orbital Marine Power, Tocardo, and Eco Wave Power are some of the 8 competitors of Minesto.
-
What is Minesto’s annual earnings per share (EPS)?
Minesto’s EPS for 12 months was -$0.02.
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