Multitude Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Jorma Jokela
Chief executive officer
€1.7m
Total compensation
| CEO salary percentage | 14.5% |
| CEO tenure | 20yrs |
| CEO ownership | 28.9% |
| Management average tenure | 4yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
Investors Still Aren't Entirely Convinced By Multitude P.L.C.'s (ETR:E4I) Earnings Despite 26% Price Jump
Oct 20
Multitude (ETR:FRU) Is Increasing Its Dividend To €0.19
Apr 26Multitude's (ETR:FRU) Upcoming Dividend Will Be Larger Than Last Year's
Apr 12A Piece Of The Puzzle Missing From Multitude SE's (ETR:FRU) 30% Share Price Climb
Apr 11Multitude's (ETR:FRU) Dividend Will Be Increased To €0.19
Mar 29Ferratum Oyj's (ETR:FRU) CEO Might Not Expect Shareholders To Be So Generous This Year
Apr 13Ferratum Oyj (ETR:FRU) Share Prices Have Dropped 78% In The Last Three Years
Mar 15Could The Ferratum Oyj (ETR:FRU) Ownership Structure Tell Us Something Useful?
Feb 08Would Shareholders Who Purchased Ferratum Oyj's (ETR:FRU) Stock Three Years Be Happy With The Share price Today?
Nov 22
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | €11m |
| Jun 30 2024 | n/a | n/a | €10m |
| Mar 31 2024 | n/a | n/a | €12m |
| Dec 31 2023 | €2m | €246k | €11m |
| Sep 30 2023 | n/a | n/a | €13m |
| Jun 30 2023 | n/a | n/a | €13m |
| Mar 31 2023 | n/a | n/a | €8m |
| Dec 31 2022 | €256k | €240k | €8m |
| Sep 30 2022 | n/a | n/a | -€2m |
| Jun 30 2022 | n/a | n/a | -€5m |
| Mar 31 2022 | n/a | n/a | -€267k |
| Dec 31 2021 | €222k | €222k | -€1m |
| Sep 30 2021 | n/a | n/a | €9m |
| Jun 30 2021 | n/a | n/a | €12m |
| Mar 31 2021 | n/a | n/a | €14m |
| Dec 31 2020 | €202k | €202k | €5m |
| Sep 30 2020 | n/a | n/a | €7m |
| Jun 30 2020 | n/a | n/a | €10m |
| Mar 31 2020 | n/a | n/a | €9m |
| Dec 31 2019 | €216k | €216k | €23m |
| Sep 30 2019 | n/a | n/a | €24m |
| Jun 30 2019 | n/a | n/a | €23m |
| Mar 31 2019 | n/a | n/a | €19m |
| Dec 31 2018 | €208k | €208k | €19m |
Compensation vs Market: Jorma's total compensation ($USD1.76M) is above average for companies of similar size in the German market ($USD464.51K).
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)
20yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 20yrs | €1.70m | 28.91% € 33.7m | |
| Chief Legal & Compliance Officer and Director | 19yrs | €81.00k | 0.59% € 691.6k | |
| Chief Financial Officer | 5.4yrs | no data | 0.21% € 239.2k | |
| Chief Technology Officer | 3.3yrs | no data | 0.054% € 63.4k | |
| Head of External Communications | 2.9yrs | no data | 0.26% € 302.9k | |
| Chief HR Officer | no data | no data | 0.038% € 43.8k | |
| Group Chief Risk Officer | 3yrs | €48.00k | 0.45% € 521.5k | |
| Chief Financial Planning Analyst | 6.3yrs | no data | 0.065% € 75.4k | |
| Tribe Chief Executive Officer of Ferratum | 4yrs | no data | 0.13% € 153.3k | |
| Chief Executive Officer of Multitude Bank | 2.3yrs | no data | 0.13% € 150.2k | |
| Head of Risk & Fraud Control | no data | no data | no data | |
| Chief Product Officer | no data | no data | no data |
4.0yrs
Average Tenure
48yo
Average Age
Experienced Management: MULT's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 20yrs | €1.70m | 28.91% € 33.7m | |
| Chief Legal & Compliance Officer and Director | 19yrs | €81.00k | 0.59% € 691.6k | |
| Chairman of the Board | 1.8yrs | €320.00k | 0.085% € 99.0k | |
| Independent Director | 2.8yrs | €49.00k | 0.0060% € 7.0k | |
| Director | less than a year | no data | no data | |
| Independent Director | 5.8yrs | €48.00k | no data |
4.3yrs
Average Tenure
55yo
Average Age
Experienced Board: MULT's board of directors are considered experienced (4.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/07 22:47 |
| End of Day Share Price | 2025/01/07 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Multitude AG is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Scott Bardo | Berenberg |
| Simona Sarli | Berenberg |
| Cosmin Filker | GBC AG |