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Spinnova

0.46 EUR-1.92 %2/10 17:25
5,439 following

SPINN

First North Finland

Personal Goods

Consumer Goods & Services

Overview
Financials & Estimates
Dividend
Investor views
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-1.92 %
+6.73 %
+5.75 %
+11.79 %
-0.65 %
-24.34 %
-86.00 %
-96.17 %
-95.16 %

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
24.07M EUR
Turnover
16.29K EUR
P/E (adj.) (26e)
-1.92
EV/EBIT (adj.) (26e)
-1.41
P/B (26e)
1.34
EV/S (26e)
40.63
Dividend yield-% (26e)
-
Coverage
Recommendation
Reduce
Target price
0.45 EUR
Updated
2026-08-31
Disclaimer
Antti Viljakainen
Antti Viljakainen

Head of Research

Latest research

Latest analysis report

Released: 2026-09-01

Latest extensive report

Released: 2024-05-31

Revenue and EBIT-%
EPS and dividend
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Forum discussions
Well, I would still suspect that Spinnova’s primary goal is to use Tearfil to advance the commercialization of its technology rather than to turn around Tearfil’s current business. The yarn side is probably such a significant part of the overall commercialization of Spinnova’s technology...
9/17/2026, 1:40 PM
by Antti Viljakainen
18
I chatted with Janne on camera this morning, and the result is here. As I anticipated, there was more to discuss than usual. Spinnova’s extraordinary general meeting is next week. After that, more detailed information regarding the U.S. IPO (Initial Public Offering) may also be heard...
9/24/2026, 12:06 PM
by Antti Viljakainen
13
Kiitos alokas! Sen verran vielä täydentäisin tähän, että koska odotan listautumisannin olevan suunnattu, dynamiikka on jonkin verran erilainen suhteessa merkkarianteihin. Käytänössä uuden pääoman kerääminen pörssikurssilla tai sitä korkeammalla hinnalla, olisivat positiivisia nykyisille...
9/29/2026, 6:36 AM
by Antti Viljakainen
11
Inderes Sisäpiiritieto: Spinnova allekirjoitti aiesopimuksen Tearfilin mahdollisesta... Spinnova Oyj | Sisäpiiritieto | 17.9.2026, klo 13.50 Materiaaliteknologiayhtiö Spinnova Oyj (“Spinnova” tai “yhtiö”), joka valmistaa tekstiilikuitua sivuvirroista ja puupohjaisesta sellusta,.....
9/17/2026, 11:56 AM
by Kahvirausku
8
Here are Antti’s official comments on this recent news from Spinnova as well Spinnova announced that it has signed a non-binding letter of intent to acquire the Portuguese yarn spinner Tearfil. In addition to a small purchase price, the arrangement includes EUR 1.5 million in bridge...
9/18/2026, 4:50 AM
by Sijoittaja-alokas
7
Tässä on vielä Antin kommentit 1,5 miljoonan euron siltarahoituksesta Tearfilille Inderes – 1 Oct 26 Spinnova vahvisti 1,5 MEUR:n siltarahoituksen Tearfilille - Inderes 1,5 miljoonan euron siltarahoitus turvaa taloudellisissa vaikeuksissa olevan kumppani Tearfilin saneerauksen ennen...
yesterday
by Sijoittaja-alokas
5
Viljakainen on antanut kommenttinsa, kun Spinnovan ylimääräinen yhtiökokous hyväksyi odotetusti suunnitelman rinnakkaislistautumisesta Yhdysvaltoihin ja antoi lisäksi myös hallitukselle valtuutukset antia varten. Alkuperäisen esityksen mukaisen ja yhtiön nykyiseen osakemäärään suhteutettun...
9/29/2026, 5:08 AM
by Sijoittaja-alokas
4
Read more on our forum
Revenue and EBIT-%

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EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Analyst Comment2026-10-01 08:22 by
Antti Viljakainen

Spinnova confirmed 1.5 MEUR in bridge financing for Tearfil

The bridge financing of 1.5 MEUR secures the restructuring of the financially distressed partner Tearfil prior to the planned acquisition.

Spinnova
Regulatory press release2026-09-30 08:00

Spinnova signed a binding EUR 1.5 million loan agreement to provide bridge financing to Tearfil

Spinnova
Spinnova: Board of Directors received significant share issuance authorization from the Extraordinary General Meeting
Analyst Comment2026-09-29 08:59 by
Antti Viljakainen

Spinnova: Board of Directors received significant share issuance authorization from the Extraordinary General Meeting

The new authorization will allow for the issuance of new shares at a price significantly lower than the current market price, which may dilute the holdings of existing shareholders. However, the terms of the issue will not be announced until a later date.

Spinnova

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Regulatory press release2026-09-28 15:00

Resolutions of Spinnova Plc’s Extraordinary General Meeting

Spinnova
Regulatory press release2026-09-22 16:20

Spinnova Plc is applying for its securities to be listed on the Nasdaq Capital Market in the U.S.

Spinnova
Regulatory press release2026-09-18 15:00

Change in the composition of Spinnova Plc’s Management Team

Spinnova
Spinnova taking the reins through acquisition of Tearfil and bridge loan financing
Analyst Comment2026-09-18 08:27 by
Antti Viljakainen

Spinnova taking the reins through acquisition of Tearfil and bridge loan financing

A bridge loan financing of 1.5 MEUR and the intention to acquire Tearfil would support the management of key yarn capabilities during the commercialization phase of Spinnova's technology.

Spinnova
Regulatory press release2026-09-17 12:50

Inside Information: Spinnova signs letter of intent regarding potential acquisition of Tearfil and related EUR 1.5 million bridge loan financing

Spinnova
Regulatory press release2026-09-11 13:00

Spinnova Plc establishes a new incentive plan for key employees

Spinnova
Regulatory press release2026-09-04 14:00

Notice to the Extraordinary General Meeting of Spinnova Plc

Spinnova
Regulatory press release2026-09-03 08:00

Composition of the Shareholders’ Nomination Board of Spinnova Plc

Spinnova
Spinnova H1'26: Path to commercialization moves forward little by little
Research2026-09-01 09:18 by
Kaisa Vanha-Perttula, Antti Viljakainen

Spinnova H1'26: Path to commercialization moves forward little by little

The first test runs of the demonstration plant progressed as planned, though no significant new details were provided regarding production and investment cost development.

Spinnova
Spinnova Half-year 2026 financial report
Webcast2026-08-31 09:00

Spinnova Half-year 2026 financial report

Spinnova
Spinnova H1'26 flash comment: Test runs progressed, but no further evidence of cost competitiveness was obtained
Analyst Comment2026-08-31 10:06 by
Kaisa Vanha-Perttula

Spinnova H1'26 flash comment: Test runs progressed, but no further evidence of cost competitiveness was obtained

The positive aspect of the report was that the first test runs of the demonstration plant progressed as planned, though no significant new details were provided regarding production and investment cost development.

Spinnova
Regulatory press release2026-08-31 07:30

Spinnova Plc’s Half-Year Report January-June 2026: Spinnova progressed the test runs at the Woodspin demonstration plant while continuing to develop an ecosystem of partners across the textile value chain

Spinnova
Regulatory press release2026-08-27 14:00

Spinnova Announces Public Filing of SEC Registration Statement for Proposed U.S. Initial Public Offering and Dual Listing

Spinnova
Spinnova H1'26 preview: Progress in technology development and commercialization in the spotlight again
Analyst Comment2026-08-26 11:19 by
Antti Viljakainen, Kaisa Vanha-Perttula

Spinnova H1'26 preview: Progress in technology development and commercialization in the spotlight again

In the report, we will be particularly interested in the development of the technology's cost competitiveness and the results of the test runs at the demo facility, which began in the spring.

Spinnova
Press release2026-08-25 08:00

Invitation to Spinnova’s January-June 2026 results webcast on 31 August 2026

Spinnova
Spinnova announces intention to pursue US IPO and dual listing
Analyst Comment2026-08-14 08:26 by
Antti Viljakainen, Kaisa Vanha-Perttula

Spinnova announces intention to pursue US IPO and dual listing

While a successful offering would strengthen the financial position for commercialization, the timeline and the terms of the offering are still to be determined.

Spinnova
Regulatory press release2026-08-13 08:00

Inside Information: Spinnova announces intention to pursue U.S. Initial Public Offering and dual listing on the Nasdaq Capital Market in the near future

Spinnova