Multitude P.L.C.

XTRA:E4I Stock Report

Market Cap: €92.3m

Multitude Management

Management criteria checks 2/4

Multitude's CEO is Jorma Jokela, appointed in Jan 2005, has a tenure of 19.75 years. total yearly compensation is €1.70M, comprised of 14.5% salary and 85.5% bonuses, including company stock and options. directly owns 28.91% of the company’s shares, worth €26.70M. The average tenure of the management team and the board of directors is 3.8 years and 4 years respectively.

Key information

Jorma Jokela

Chief executive officer

€1.7m

Total compensation

CEO salary percentage14.5%
CEO tenure19.8yrs
CEO ownership28.9%
Management average tenure3.8yrs
Board average tenure4yrs

Recent management updates

Recent updates

Multitude (ETR:FRU) Is Increasing Its Dividend To €0.19

Apr 26
Multitude (ETR:FRU) Is Increasing Its Dividend To €0.19

Multitude's (ETR:FRU) Upcoming Dividend Will Be Larger Than Last Year's

Apr 12
Multitude's (ETR:FRU) Upcoming Dividend Will Be Larger Than Last Year's

A Piece Of The Puzzle Missing From Multitude SE's (ETR:FRU) 30% Share Price Climb

Apr 11
A Piece Of The Puzzle Missing From Multitude SE's (ETR:FRU) 30% Share Price Climb

Multitude's (ETR:FRU) Dividend Will Be Increased To €0.19

Mar 29
Multitude's (ETR:FRU) Dividend Will Be Increased To €0.19

Ferratum Oyj's (ETR:FRU) CEO Might Not Expect Shareholders To Be So Generous This Year

Apr 13
Ferratum Oyj's (ETR:FRU) CEO Might Not Expect Shareholders To Be So Generous This Year

Ferratum Oyj (ETR:FRU) Share Prices Have Dropped 78% In The Last Three Years

Mar 15
Ferratum Oyj (ETR:FRU) Share Prices Have Dropped 78% In The Last Three Years

Could The Ferratum Oyj (ETR:FRU) Ownership Structure Tell Us Something Useful?

Feb 08
Could The Ferratum Oyj (ETR:FRU) Ownership Structure Tell Us Something Useful?

Would Shareholders Who Purchased Ferratum Oyj's (ETR:FRU) Stock Three Years Be Happy With The Share price Today?

Nov 22
Would Shareholders Who Purchased Ferratum Oyj's (ETR:FRU) Stock Three Years Be Happy With The Share price Today?

CEO Compensation Analysis

How has Jorma Jokela's remuneration changed compared to Multitude's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

€10m

Mar 31 2024n/an/a

€12m

Dec 31 2023€2m€246k

€11m

Sep 30 2023n/an/a

€13m

Jun 30 2023n/an/a

€13m

Mar 31 2023n/an/a

€8m

Dec 31 2022€256k€240k

€8m

Sep 30 2022n/an/a

-€2m

Jun 30 2022n/an/a

-€5m

Mar 31 2022n/an/a

-€267k

Dec 31 2021€222k€222k

-€1m

Sep 30 2021n/an/a

€9m

Jun 30 2021n/an/a

€12m

Mar 31 2021n/an/a

€14m

Dec 31 2020€202k€202k

€5m

Sep 30 2020n/an/a

€7m

Jun 30 2020n/an/a

€10m

Mar 31 2020n/an/a

€9m

Dec 31 2019€216k€216k

€23m

Sep 30 2019n/an/a

€24m

Jun 30 2019n/an/a

€23m

Mar 31 2019n/an/a

€19m

Dec 31 2018€208k€208k

€19m

Sep 30 2018n/an/a

€17m

Jun 30 2018n/an/a

€17m

Mar 31 2018n/an/a

€21m

Dec 31 2017€211k€211k

€20m

Compensation vs Market: Jorma's total compensation ($USD1.87M) is above average for companies of similar size in the German market ($USD501.82K).

Compensation vs Earnings: Jorma's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Jorma Jokela (45 yo)

19.8yrs

Tenure

€1,701,000

Compensation

Mr. Jorma Olavi Jokela serves as the President of the Management Board at Ferratum Capital Poland S.A. Mr. Jokela is the Founder of Multitude SE (formerly known as Ferratum Oyj) and has been its Chief Exec...

Leadership Team

NamePositionTenureCompensationOwnership
Jorma Jokela
Founder19.8yrs€1.70m28.91%
€ 26.7m
Lea Liigus
Chief Legal & Compliance Officer and Director18.8yrs€81.00k0.59%
€ 548.2k
Bernd Egger
Chief Financial Officer5.2yrsno data0.21%
€ 189.6k
Kornel Kabele
Chief Technology Officer3yrsno data0.054%
€ 50.2k
Lasse Makela
Head of External Communications2.7yrsno data0.26%
€ 240.0k
Shaun Vella
Chief HR Officerno datano data0.038%
€ 34.7k
Clemens-Matthias Krause
Group Chief Risk Officer2.8yrs€48.00k0.45%
€ 413.3k
Adam Hansson-Tönning
Chief Financial Planning Analyst6.1yrsno data0.065%
€ 59.7k
Kristjan Kajakas
Tribe Chief Executive Officer of Ferratum3.8yrsno data0.13%
€ 121.5k
Antti Kumpulainen
Chief Executive Officer of Multitude Bank2yrsno data0.13%
€ 119.0k
Lilita Gribonika
Head of Risk & Fraud Controlno datano datano data
Petri Rahja
Chief Product Officerno datano datano data

3.8yrs

Average Tenure

48yo

Average Age

Experienced Management: E4I's management team is considered experienced (3.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Jorma Jokela
Founder19.8yrs€1.70m28.91%
€ 26.7m
Lea Liigus
Chief Legal & Compliance Officer and Director18.8yrs€81.00k0.59%
€ 548.2k
Ari Tiukkanen
Chairman of the Board1.5yrs€320.00k0.085%
€ 78.5k
Kristiina Leppanen
Independent Director2.5yrs€49.00k0.0060%
€ 5.6k
Marion Khuny
Directorless than a yearno datano data
Goutam Challagalla
Independent Director5.5yrs€48.00kno data

4.0yrs

Average Tenure

55yo

Average Age

Experienced Board: E4I's board of directors are considered experienced (4 years average tenure).