Proprietary TechnologyMinesto's Deep Green system represents a proprietary technological approach to tidal and ocean current energy. A unique technology can create durable barriers to entry, enable long-term service contracts and project pipelines, and position the company to capture niche renewable energy demand over several years.

Conservative Balance SheetExtremely low leverage and a sizable equity base (reported equity ~523m–630m) materially reduce solvency risk. This balance sheet strength provides runway for continued R&D, project development and to withstand cyclic project timelines without immediate refinancing pressure, supporting multi‑month strategic execution.

Partnerships & Government SupportExisting partnerships, government grants and project financing provide structural non-dilutive funding avenues and market access. These supports lower commercialization risk, help secure pilot and utility contracts, and improve the odds of scaling installations and recurring revenue over the medium term.

Bears Say

Revenue CollapseA collapse of reported revenue to near-zero is a structural red flag: it undermines the ability to prove commercial product-market fit, produce repeatable project revenues, and secure long-term purchase contracts. Without recovering recurring sales, future cash generation and scaling are highly uncertain.

Persistent Cash BurnSustained negative operating and free cash flow indicate ongoing cash burn that threatens runway and forces external financing. Continued negative cash generation limits the company's ability to fund deployments and commercialization internally, increasing dilution or refinancing risk over the coming months.

Ongoing Losses & Negative ROEConsistent negative EBIT/EBITDA and net losses, combined with sustained negative ROE, erode shareholder value over time. Without a credible path to profitability, the company faces structural pressure on equity, making it harder to attract capital and sustain long-term project investment without dilution.

7MN FAQ

What was Minesto AB’s price range in the past 12 months?

Minesto AB lowest stock price was €0.03 and its highest was €0.41 in the past 12 months.

What is Minesto AB’s market cap?

Minesto AB’s market cap is €17.99M.

When is Minesto AB’s upcoming earnings report date?

Minesto AB’s upcoming earnings report date is Apr 16, 2026 which is in 35 days.

How were Minesto AB’s earnings last quarter?

Minesto AB released its earnings results on Feb 26, 2026. The company reported -€0.002 earnings per share for the quarter, missing the consensus estimate of N/A by -€0.002.

Is Minesto AB overvalued?

According to Wall Street analysts Minesto AB’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Minesto AB pay dividends?

Minesto AB does not currently pay dividends.

What is Minesto AB’s EPS estimate?

Minesto AB’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Minesto AB have?

Minesto AB has 260,111,600 shares outstanding.

What happened to Minesto AB’s price movement after its last earnings report?

Minesto AB reported an EPS of -€0.002 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 3.448%.

Which hedge fund is a major shareholder of Minesto AB?

Currently, no hedge funds are holding shares in DE:7MN

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Minesto AB

Minesto AB (publ), together with its subsidiaries, operates as a marine energy developer in Sweden, Wales, Northern Ireland, and Taiwan. Its Deep Green technology produces electricity from slow tidal streams and ocean currents through a turbine. The company was founded in 2007 and is headquartered in Gothenburg, Sweden.