1. Sweden Stocks

  2. •

    Utilities

  3. •

    Electric utilities
SeaTwirl AB

SeaTwirl AB

SSTO:STW
25.50
SEK
-0.35
(-1.35%)
-5.24EPS
211.81MMarket Cap
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
0.01
- -
0.01
0.14
Basic EPS, GAAP
-0.54
-1.06
-1.23
-1.88
-2.86
-3.27
-5.06
-2.94
-3.07
-5.14
-5.24
Free Cash Flow per Basic Share
-3.53
-2.3
-1.88
-2.91
1.26
-8.24
-10.16
-3.58
-4.73
6.76
6.1
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
2.77
3.78
10.87
8.99
6.13
3.78
22.4
24.68
22.31
16.66
15.12
Tangible Book Value per Share
-0.3
-0.02
6.35
3.24
-0.97
-4.3
2.17
9.89
6.04
2.08
0.41
Basic Weighted Avg Shares
2
2
3
3
3
2
4
6
6
6
6
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
-36,673.32
- -
-72,632.6
-3,964.77
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-1
-2
-3
-5
-8
-7
-20
-17
-18
-31
-31
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
-32,992.31
- -
-70,806.53
-3,866.31
Working Capital
- -
1
18
9
-2
- -
10
60
36
12
2
LT Debt
- -
- -
- -
- -
1
10
- -
- -
- -
- -
- -
Total Equity
7
10
29
24
16
10
91
148
130
100
90
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-21.28
-16.74
-18.96
-37.8
-54.47
-39.47
-14.25
-13.24
-26.74
-28.93

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6
6
6
Market Capitalization
191
214
212

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
88
82
74
Cash, Cash Equivalents & STI
86
80
72
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
76
74
72
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
157.08%
-23.5%
Free Cash Flow
- -
-155.31%
-242.97%
Net Income, GAAP
- -
46.82%
67.14%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
1
- -
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.81
-1.09
-0.78
-0.42
-3.07
2025
-0.75
-0.83
- -
-2.88
-5.14
2026
-0.69
-0.85
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Johan Sandberg
Full Time Employees
14
Sector
Utilities
Industry
Electric utilities
Address
Lilla Bommen 2 Gothenburg VG Sweden 411 04
IPO Date
Dec 22, 2016
Website
seatwirl.com
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Business
SeaTwirl AB (publ) develops and commercializes floating vertical-axis wind turbines designed for deep-water offshore environments. The company offers innovative floating wind power solutions featuring a patented vertical-axis turbine integrated with a rotating SPAR foundation, which provides a low center of gravity, reduced steel usage, simplified maintenance via surface-accessible generator housing, and compatibility with local vessels; these turbines target applications including grid-connected wind farms, oil and gas platforms, remote islands, seaside villages, and aquaculture facilities seeking to replace diesel generation. SeaTwirl operates in the renewable energy sector, with a focus on enabling offshore wind power in waters exceeding 60-80 meters depth where fixed-bottom foundations are impractical, serving markets such as aquaculture electrification and sustainable energy for industrial offshore assets. Founded in 2012 and headquartered in Gothenburg, Sweden, at Lilla Bommen 1, the company maintains a global presence with representation in the Nordics, UK, South America, and Asia. SeaTwirl listed on Nasdaq First North Growth Market in 2016 and employs approximately 13 personnel focused on design, simulation, hydrodynamics, and mechanical construction. Recent developments include the Verti-Go consortium securing €15 million from Horizon Europe in September 2025 to demonstrate a full-scale 2MW floating turbine through design, fabrication, installation, and operation phases extending to 2029, led by SeaTwirl as technical coordinator with partners including University College Cork, EDP, Greenov, and Bureau Veritas. In December 2025, SeaTwirl signed a feasibility study agreement worth SEK 0.8 million with a global industrial supplier to assess its turbines for electrifying Chilean fish farms, marking entry into South American aquaculture markets. Additional initiatives encompass a memorandum of understanding with Aks Wind Energy Corp. for Canadian market development and participation in a Swedish business delegation to Canada in November 2025 to advance clean energy partnerships.