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Minesto
Minesto (MINEST) investor relations material
Minesto Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary4 May, 2026
Executive summary
Achieved progress in market and technology development, focusing on partnerships and expanding into new markets including Iceland and Taiwan.
Continued successful operation and data collection from Dragon 4 in the Faroe Islands and completed a robust test cycle for Dragon 12.
Cost reduction measures implemented in 2025 are positively impacting cash flow.
Financial highlights
Total operating income for Q1 2026 was SEK 5,619 thousand, mainly from capitalised development work, compared to SEK 6,298 thousand in Q1 2025.
Net sales remained at SEK 0 for the period.
Operating loss reduced to SEK -7,065 thousand from SEK -10,697 thousand year-over-year.
Net loss for the period was SEK -6,886 thousand, improved from SEK -10,843 thousand in Q1 2025.
Cash and cash equivalents at period end were SEK 50,081 thousand, up from SEK 10,334 thousand a year earlier.
Outlook and guidance
Actively pursuing partnerships in up to twenty markets, with a focus on supporting local site developers and utility partners.
Market development strategy leverages favorable policy and resource conditions for renewables.
Macro-economic volatility and energy security concerns are accelerating market opportunities.
Status of 25M EUR capital raise for Dragon Farm
Maintenance findings from the Dragon 12 recovery
Partnership progress across twenty target markets
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Latest events from Minesto
- Strong cash and equity, narrowed loss, and global commercial momentum drive future growth.MINEST
Q4 202526 Feb 2026 - A 10 MW tidal project in the Faroes marks a key step in scaling innovative ocean energy solutions.MINESTCMD 202411 Jan 2026
- Dragon 12 launch and new funding drive commercial expansion in the Faroe Islands.MINESTQ4 202424 Dec 2025
- Operating loss narrowed, technology ready for scale-up, and capital raised for expansion.MINESTQ1 202528 Nov 2025
- Secured SEK 99 million, cut costs by 35%, and advanced global commercial rollout.MINESTQ3 202527 Nov 2025
- 25% output boost and SEK 25M grant drive commercial and microgrid project expansion.MINESTQ2 202523 Nov 2025
- Operating loss increased as Minesto advanced its tidal energy project and global outreach.MINESTQ3 202413 Jun 2025
- Dragon 12's success and new capital drive Minesto's commercial and international momentum.MINESTQ2 202413 Jun 2025
Next Minesto earnings date
Q2 202620 Aug, 2026
Minesto
Next Minesto earnings date
Q2 202620 Aug, 2026
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excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
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@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
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