Betolar

1.30 EUR

+1.56 %

1,513 following

BETOLAR

First North Finland

Industrial Goods & Services

Industrials

Overview

Financials & Estimates

Investor consensus

+1.56 %

+14.54 %

+23.81 %

+2.77 %

-3.35 %

+79.31 %

-57.72 %

-

-80.18 %

Betolar is a pioneering materials technology company focusing on turning industrial side streams into value. Betolar offers continuous competitive edge to the construction industry and enable the transition towards a sustainable built environment - socially, environmentally and economically.

Market cap

28.04M EUR

Turnover

5.06K EUR

P/E (adj.) (26e)

-5.56

EV/EBIT (adj.) (26e)

-7.39

P/B (26e)

-9.91

EV/S (26e)

7.3

Dividend yield-% (26e)

-

Coverage

Recommendation

Reduce

Target price

1.30 EUR

Updated

2026-02-05

Tommi Saarinen

Analyst

Latest research

Latest analysis report

Released: 2026-02-06

Latest extensive report

Released: 2025-10-06

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar

18/3

2026

General meeting '26

23/4

2026

Business review Q1'26

12/8

2026

Interim report Q2'26

Risk

Business risk

Valuation risk

Low

High

All

Research

Webcasts

Press releases

ShowingAll content types

Betolar meddelade om ett samarbetsprojekt som har potential att stödja företagets finansiella ställning

Analyst Comment2/12/2026, 6:33 AM by

Betolar meddelade om ett samarbetsprojekt som har potential att stödja företagets finansiella ställning

Den offentliga finansiering som söks skulle ge företaget avgörande extra tid att driva tekniken mot ett kommersiellt genombrott.

Press release2/12/2026, 6:15 AM

Betolar Oyj: Betolar, EcoGraf and GTK collaborate to transform Epanko mine tailings using Betolar's metal extraction technology

Betolar H2'25: Significant growth expected this year

Research2/6/2026, 8:03 AM by

Betolar H2'25: Significant growth expected this year

We expect the company to need additional funding by early 2027.

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Betolar, Webcast, Q4'25

Webcast2/5/2026, 8:00 AM

Betolar, Webcast, Q4'25

Betolar H2'25 -snabbkommentar: Guidning som visar tydlig tillväxt med stöd av en stor order, men balansräkningen behöver förstärkas

Analyst Comment2/5/2026, 7:30 AM by

Betolar H2'25 -snabbkommentar: Guidning som visar tydlig tillväxt med stöd av en stor order, men balansräkningen behöver förstärkas

Den stora order som meddelades i oktober låg till grund för den väntade nivåkorrigeringen i orderingången.

Regulatory press release2/5/2026, 6:30 AM

Betolar Oyj: Betolar Plc's Financial Statements Release 1-12/2025: Record high order intake and success in metal extraction

Regulatory press release1/29/2026, 1:15 PM

Betolar Oyj: Betolar Plc's Shareholders' Nomination Committee's proposals to the Annual General Meeting 2026

Press release1/29/2026, 8:00 AM

Betolar Oyj: Betolar Plc: Financial Statements Bulletin 1-12/2025 will be published on 5 February - Invitation to Webcast

Betolar H2'25 preview: Large order provides some breathing room, but the need for financing is approaching

Analyst Comment1/27/2026, 7:03 AM by

Betolar H2'25 preview: Large order provides some breathing room, but the need for financing is approaching

We expect guidance to indicate revenue growth.

Regulatory press release1/19/2026, 11:00 AM

Betolar Oyj: Trading in Betolar's shares will begin on 20 January 2026 on the OTCQX International marketplace in the United States

Betolar uppdaterade sina affärsmässiga och finansiella mål

Analyst Comment12/16/2025, 6:46 AM by

Petri Gostowski

Betolar uppdaterade sina affärsmässiga och finansiella mål

De uppdaterade målen återspeglar företagets strategiska fokus på kommersialisering av metallsepareringsteknik.

Regulatory press release12/16/2025, 6:05 AM

Betolar Oyj: Betolar Plc: Amir has been invited to join the Management Team

Regulatory press release12/16/2025, 6:00 AM

Betolar Oyj: Betolar Plc: Betolar Updates Business and Financial Targets

Regulatory press release12/8/2025, 6:30 AM

Betolar Oyj: Change to Betolar's Financial Calendar and the date of the Annual General Meeting 2026

Regulatory press release12/3/2025, 2:45 PM

Betolar Oyj: Betolar applies for trading of its shares on to the OTCQX marketplace in the United States

Betolar Q3'25: Large order paves the way for growth next year

Research10/29/2025, 10:33 AM by

Betolar Q3'25: Large order paves the way for growth next year

Betolar's Q3 report turned out to be a pleasant surprise when the company announced the largest order in its history, which was received after the review period.

Betolar, Webcast, Q3'25

Webcast10/28/2025, 8:00 AM

Betolar, Webcast, Q3'25

Betolar Q3'25 snabbkommentar: Tredje kvartalet var lugnare än våra förväntningar

Analyst Comment10/28/2025, 7:26 AM by

Betolar Q3'25 snabbkommentar: Tredje kvartalet var lugnare än våra förväntningar

Företagets nyckeltal, det vill säga omsättningstillväxten och nya order, låg under våra förväntningar.

Regulatory press release10/28/2025, 6:30 AM

Betolar Oyj: Betolar Plc's Business Review 1-9/2025: Strong focus on metal extraction - Pilots underway with multiple industrial sidestreams

Betolar får företagets största order i företagets historia

Analyst Comment10/28/2025, 6:08 AM by

Betolar får företagets största order i företagets historia

Betolar meddelade igår att företaget har fått en order värd ungefär 1,4 MEUR från två finska företag.

Forum discussions

Hi, yesterday’s announcement does not mean Betolar’s delisting from First North, but rather bringing the share for trading also in the United States. Trading would henceforth take place concurrently on two markets: First North in euros and the OTCQX marketplace in dollars. This marketplace...

12/4/2025, 3:37 PM

by Tommi_Saarinen

9

Betolar updated its targets: Inderes Betolar päivitti liiketoiminnalliset ja taloudelliset tavoitteensa - Inderes Päivitetyt tavoitteet heijastelevat yhtiön strategista painopistettä metallinerotteluteknologian kaupallistamisessa. And now (again) financial targets have been pushed...

12/16/2025, 2:52 PM

by xlat

5

Betolar’s metal separation business is progressing. Now a project is starting in Africa. betolar.com Betolar, EcoGraf ja GTK tekevät yhteistyötä Epankon kaivoksen... Betolar Oyj Lehdistötiedote 12.2.2026 klo 8.15 Betolar, EcoGraf ja GTK tekevät yhteistyötä Epankon kaivoksen rikastushiekkoj...

2/12/2026, 3:53 PM

by j.sälli

4

New name for Betolar’s Board of Directors Eeva Ruokonen is proposed as a new member of Betolar’s Board of Directors. Tärkeimmät talousuutiset | Kauppalehti – 29 Jan 26 Betolarin hallitukseen uusi nimi Eeva Ruokosta ehdotetaan uudeksi jäseneksi Betolarin hallitukseen. According to...

1/29/2026, 1:28 PM

by Index

4

Betolar Plc: Trading in Betolar shares begins on 20 January 2026 on the OTCQX International market in the United States Inderes Betolar Oyj: Kaupankäynti Betolarin osakkeilla alkaa 20.1.2026 OTCQX... Betolar Oyj Yhtiötiedote 19.2026 klo 13.00Kaupankäynti Betolarin osakkeilla alkaa...

1/19/2026, 11:09 AM

by Index

4

Tommi spoke with Betolar’s CEO Tuija Kalpala about H2 and the company’s outlook. Inderes Betolar H2'25: Merkittävää kasvua odotuksissa - Inderes Aika: 05.02.2026 klo 11.53 Betolarin H2:n uudet tilaukset olivat ennätystasolla, mutta kiristynyt tasetilanne vaatinee lisärahoitusta. ...

2/5/2026, 1:09 PM

by Sijoittaja-alokas

2

Here are Tommi’s comments on Betolar’s H2 results. Betolar published its financial statement release this morning. The main lines reported by the company were close to our forecast levels. On results day, our attention is focused on the company’s comments regarding the development...

2/5/2026, 9:42 AM

by Sijoittaja-alokas

2

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