Stock Analysis
Minesto (STO:MINEST) Full Year 2024 Results
Key Financial Results
- Net loss: kr36.1m (loss widened by 33% from FY 2023).
- kr0.19 loss per share (further deteriorated from kr0.17 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Minesto Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 81%. Earnings per share (EPS) also missed analyst estimates by 65%.
The company's shares are up 9.3% from a week ago.
Risk Analysis
Be aware that Minesto is showing 5 warning signs in our investment analysis and 2 of those are potentially serious...
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About OM:MINEST
Minesto
Operates as a marine energy developer in Sweden, Wales, the Faroe Islands, Northern Ireland, and Taiwan.
