Betolar

1.24 EUR

0.00 %

1,512 following

BETOLAR

First North Finland

Industrial Goods & Services

Industrials

Overview

Financials & Estimates

Investor consensus

0.00 %

+12.27 %

+17.62 %

-4.63 %

-8.86 %

+54.37 %

-58.14 %

-

-81.17 %

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

26.64M EUR

Turnover

11.51K EUR

P/E (adj.) (26e)

-5.28

EV/EBIT (adj.) (26e)

-7.09

P/B (26e)

-9.41

EV/S (26e)

7

Dividend yield-% (26e)

-

Coverage

Recommendation

Reduce

Target price

1.30 EUR

Updated

05.02.2026

Tommi Saarinen

Analyst

Latest research

Latest analysis report

Released: 06.02.2026

Latest extensive report

Released: 06.10.2025

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 meddelt om et samarbejdsprojekt, der potentielt kan styrke selskabets finansielle position

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

Betolar meddelt om et samarbejdsprojekt, der potentielt kan styrke selskabets finansielle position

Den ansøgte offentlige finansiering ville give selskabet afgørende ekstra tid til at drive teknologien mod et kommercielt gennembrud.

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 - kort kommentar: Guidance indikerer klar vækst understøttet af en stor ordre, men balancen kræver styrkelse

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

Betolar H2'25 - kort kommentar: Guidance indikerer klar vækst understøttet af en stor ordre, men balancen kræver styrkelse

Den store ordre, der blev meddelt i oktober, banede vejen for en forventet niveaukorrektion i nye ordrer.

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

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

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

Regulatory press release10/27/2025, 6:30 PM

Betolar Oyj: Inside Information: Betolar Plc Receives a Significant Order for an Infrastructure Project

Press release10/21/2025, 7:00 AM

Betolar Oyj: Betolar Plc: Q3 Business Review for 1-9/2025 will be published on 28 October - Invitation to Webcast

Betolar Extensive Report: The stakes are in new technology

Extensive research10/6/2025, 10:41 AM by

Betolar Extensive Report: The stakes are in new technology

The core of Betolar's investment story is proving its new method on an industrial scale, where success is critical, also considering the financing needs looming in the near future.

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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