Minesto AB
STO:MINEST
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Minesto AB
Common Stock
Minesto AB
Common Stock Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Common Stock | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
M
|
Minesto AB
STO:MINEST
|
Common Stock
kr13m
|
CAGR 3-Years
24%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
|
C
|
Climeon AB (publ)
STO:CLIME B
|
Common Stock
kr7.7m
|
CAGR 3-Years
75%
|
CAGR 5-Years
56%
|
CAGR 10-Years
N/A
|
|
|
M
|
Metacon AB (publ)
STO:META
|
Common Stock
kr13.6m
|
CAGR 3-Years
58%
|
CAGR 5-Years
42%
|
CAGR 10-Years
N/A
|
|
|
S
|
SeaTwirl AB (publ)
STO:STW
|
Common Stock
kr6m
|
CAGR 3-Years
18%
|
CAGR 5-Years
27%
|
CAGR 10-Years
N/A
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Minesto AB
Glance View
Minesto AB engages in the development of technology for the production of renewable electricity from tidal and ocean currents. The company is headquartered in Vaestra Froelunda, Vastra Gotalands and currently employs 59 full-time employees. The company went IPO on 2015-11-09. The firm'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 firm has offices in Sweden, North Ireland and the United Kingdom. The firm is co-owned by SAAB, BGA Invest, Verdane Capital, Encubator and Midroc.
See Also
What is Minesto AB's Common Stock?
Common Stock
13m
SEK
Based on the financial report for Dec 31, 2025, Minesto AB's Common Stock amounts to 13m SEK.
What is Minesto AB's Common Stock growth rate?
Common Stock CAGR 3Y
24%
Over the last year, the Common Stock growth was 34%. The average annual Common Stock growth rates for Minesto AB have been 24% over the past three years .