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Spinnova

0.51 EUR

+10.29 %

5,423 following

SPINN

First North Finland

Personal Goods

Consumer Goods & Services

+10.29 %
+6.15 %
-21.81 %
-1.55 %
-47.85 %
-45.27 %
-91.37 %
-
-94.64 %

Spinnova operates in the textile industry. The company has developed a production technology for textile fibers, known as SPINNOVA® fiber, which is manufactured using a mechanical production process. In addition to its main business, research and development is conducted in the area, and the company offers service and related peripheral services. The company operates on a global level with headquarters in Jyväskylä.

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Market cap
26.62M EUR
Turnover
57.99K EUR
P/E (adj.) (25e)
-1.49
EV/EBIT (adj.) (25e)
-0.96
P/B (25e)
0.69
EV/S (25e)
36.75
Dividend yield-% (25e)
-
Coverage
Recommendation
Reduce
Target price
0.45 EUR
Updated
2025-08-29
Disclaimer
Antti Viljakainen
Antti Viljakainen

Head of Research

Latest research

Latest analysis report

Released: 2025-08-29

Latest extensive report

Released: 2024-05-31

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
12/2
2026

Annual report '25

15/4
2026

General meeting '26

25/8
2026

Interim report Q2'26

Risk
Business risk
Valuation risk
Low
High
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Spinnova: ARMEDANGELS signed a non-binding letter of intent for securing SPINNOVA® fiber
Analyst Comment by
Antti Viljakainen, Kaisa Vanha-Perttula

Spinnova: ARMEDANGELS signed a non-binding letter of intent for securing SPINNOVA® fiber

We believe this new brand partnership is a positive addition to Spinnova's network of partners and will support the long-term outlook for demand of fiber produced using the company's technology. However, we do not believe that the agreement will have a significant financial impact in the near future. Reducing technology investment and production costs and identifying technology investment partners continue to play a key role in the company's commercialization efforts.

Spinnova

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Spinnova H1'25 flash comment: Termination of Suzano cooperation completed yesterday as planned
Analyst Comment by
Antti Viljakainen

Spinnova H1'25 flash comment: Termination of Suzano cooperation completed yesterday as planned

Spinnova released its H1 report this morning. For a development company like Spinnova, short-term numbers are of secondary importance, so our attention in the report was particularly drawn to the comments on technological development and the new strategy announced in June. On this note, the company provided reassuring news yesterday when it announced that it had signed agreements with Suzano regarding the purchase of Woodspin and Suzano Finland, as well as other matters related to the arrangement (incl. the removal of exclusivity rights and Suzano's 5 MEUR capital contribution to the purchased companies) in accordance with the letter of intent announced in June. Overall, based on our preliminary assessment, the report does not contain any significant surprises in relation to market expectations.

Spinnova
Analyst Comment by
Antti Viljakainen

Spinnova's change negotiations concluded with more moderate reductions than initially estimated

Spinnova's strategic choices going forward are key for the company's share. Based on the fairly large organization remaining with the company, we believe it is possible that the company will continue to commercialize its technology mainly on its own. We have been expecting Spinnova to announce its strategy before the summer holidays.  

Spinnova
Forum discussions
Spinnova: ARMEDANGELS Develops More Sustainable Products from SPINNOVA® Fibre SPINNOVA PLC, PRESS RELEASE, 11 December 2025 at 9:00 a.m. ARMEDANGELS Develops More Sustainable Products from SPINNOVA® Fibre The German fashion brand ARMEDANGELS has signed a non-binding letter of intent...
12/11/2025, 7:08 AM
by Index
15
On the brand side, the consortium building indeed seems to be progressing quite nicely, even though no particularly strong commitments have been mentioned in the press releases. Hopefully, by February at the latest, we will receive more information about the overall picture, as well...
11 hours ago
by Antti Viljakainen
14
Spinnova Welcomes TOMMY HILFIGER to Accelerate Sustainable Textile Innovation SPINNOVA PLC, PRESS RELEASE, DECEMBER 18, 2025 AT 9:00 AM Spinnova Welcomes TOMMY HILFIGER to Accelerate Sustainable Textile Innovation PVH Corp.'s brand TOMMY HILFIGER joins the ecosystem (consortium) ...
12 hours ago
by Index
12
Spinnova and Suzano finalized the arrangements related to Woodspin and Suzano Finland (link). This practically went in line with forecasts and expectations. The terms of the arrangements were announced in June and confirmed in August.
10/6/2025, 11:59 AM
by Antti Viljakainen
12
Here are Antti’s and Kaisa’s comments on this new “partnership”. We believe the new brand partnership is a positive addition to Spinnova’s partner network and supports the long-term demand outlook for the company’s technology-produced fiber. However, we do not believe the agreement...
12/12/2025, 12:23 PM
by Sijoittaja-alokas
7
The ecosystem is indeed growing, but it’s crying out for investors. I would have thought that one of these would have also brought money to the table.
10 hours ago
by TitoK
5
It’s been quiet here for the last couple of weeks. I’m calmly waiting for the partner announcement. It will also be interesting to see the potential big buyers and sellers from September at the beginning of October.
9/19/2025, 7:56 AM
by TitoK
3
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