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Symbols
Price
Change
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Volume
Mkt Cap
SIXB
Materials
SIXB
Materials
SIXB
-0.32%
1,100.57
-3.53
-0.32%
1,104.101,103.921,108.751,097.16
SIXC
Communications
SIXC
Communications
SIXC
+0.16%
605.15
+0.99
+0.16%
604.16604.16610.19604.12
SIXE
Energy
SIXE
Energy
SIXE
-0.22%
1,195.19
-2.62
-0.22%
1,197.811,200.581,213.071,192.02
SIXI
Industrials
SIXI
Industrials
SIXI
-0.03%
1,739.91
-0.50
-0.03%
1,740.411,739.551,750.271,730.60
SIXM
Financials
SIXM
Financials
SIXM
+0.65%
638.56
+4.12
+0.65%
634.44633.13639.87633.01
SIXR
Staples
SIXR
Staples
SIXR
-1.11%
831.57
-9.33
-1.11%
840.90839.53841.73831.10
SIXRE
Real estate
SIXRE
Real estate
SIXRE
-0.82%
213.36
-1.77
-0.82%
215.13215.13215.85213.24
SIXT
Technology
SIXT
Technology
SIXT
+0.17%
3,234.18
+5.47
+0.17%
3,228.713,225.623,235.433,198.95
SIXU
Utilities
SIXU
Utilities
SIXU
-0.02%
935.65
-0.22
-0.02%
935.87938.37942.00935.65
SIXV
Health care
SIXV
Health care
SIXV
-0.54%
1,449.26
-7.86
-0.54%
1,457.121,452.741,466.881,449.18
SIXY
Discretionary
SIXY
Discretionary
SIXY
-0.72%
2,382.45
-17.39
-0.72%
2,399.842,389.712,394.612,371.22
7MN:FRA
Minesto AB
€0.058
+5.27%
(+0.0029) 1D
Apr 28, 8:03:36 AM GMT+2  ·   EUR
All symbols
SymbolPriceChange% Change
Generating top insights for 7MN...
Open
€0.06
High
€0.06
Low
€0.06
Mkt. cap
216.42M
Avg. vol.
1.00K
Volume
0.00
52-wk high
€0.41
52-wk low
€0.03
No. of employees
37
News stories
From sources across the web
Profile
Minesto AB is a Swedish developer of electricity producing tidal kite turbines, based in Gothenburg. As of 2025 the company is focused on developing projects in the Faroe Islands. They also had a manufacturing base in Holyhead, North Wales, although this closed in 2025, and a test facility at Portaferry, Northern Ireland. The company has tested devices and developed plans to install arrays off the coast of Anglesey, North Wales and in the Faroe Islands. They are also collaborating with National Taiwan Ocean University and TCC Green Energy, a subsidiary of Taiwan Cement, to develop projects in Taiwan. Minesto was formed in 2007 from the wind department of the Swedish aerospace and defense company Saab Group. The Minesto devices somewhat resembles a plane, with a wing and control surfaces to steer the device through the water in a figure-of-eight shape. It is tethered to the seabed by a cable that also carries power and communication signals. By "flying" through the water using hydrodynamic lift, the device can travel several time faster than the current speed, allowing it to be used in areas of lower tidal currents than conventional turbines. Wikipedia
About Minesto AB
CEOMartin Edlund
Employees37
Founded2007
Headquarters-
Sectorcapital good
Previous reportsAll values in SEK
Loading Previous Earnings...
Income statement
Revenue
Net income
All values in SEK
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Revenue
6.30M
5.94M
4.81M
5.92M
Cost of goods sold
17.00M
-5.84M
34.04M
-22.63M
Cost of revenue
17.00M
-5.84M
34.04M
-22.63M
Research and development expenses
-
-
-
-
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
-
21.44M
-21.44M
38.91M
Operating expense
-
21.58M
-21.58M
35.06M
Total operating expenses
17.00M
15.74M
12.47M
12.42M
Operating income
-10.70M
-9.81M
-7.65M
-6.50M
Other non operating income
-
1.00K
-1.00K
-
EBT including unusual items
-10.84M
-10.93M
-8.37M
-6.50M
EBT excluding unusual items
-10.84M
-10.93M
-8.37M
-6.50M
Income tax expense
-
-
-
1.00K
Effective tax rate
-
-
-
-0.02%
Other operating expenses
-
-1.00K
1.00K
-4.11M
Net income
-10.84M
-10.93M
-8.37M
-6.50M
Net profit margin
-172.17%
-184.09%
-173.88%
-109.69%
Earnings per share
-
-
-
-
Interest and investment income
-
13.00K
-
279.00K
Interest expense
-146.00K
-1.13M
-714.00K
-273.00K
Net interest expenses
-146.00K
-1.12M
-714.00K
6.00K
Depreciation and amortization charges
-
137.00K
-137.00K
252.00K
EBITDA
-10.63M
-9.74M
-7.59M
-6.44M
Gain or loss from assets sale
-
-
-
-
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