Humble Group Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Simon Petren

Chief executive officer

SEK 10.3m

Total compensation

CEO salary percentage	44.2%
CEO tenure	3.8yrs
CEO ownership	1.5%
Management average tenure	no data
Board average tenure	2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Simon Petren's remuneration changed compared to Humble Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	SEK 71m
Jun 30 2024	n/a	n/a	-SEK 47m
Mar 31 2024	n/a	n/a	-SEK 80m
Dec 31 2023	SEK 10m	SEK 5m	-SEK 106m
Sep 30 2023	n/a	n/a	-SEK 113m
Jun 30 2023	n/a	n/a	SEK 39m
Mar 31 2023	n/a	n/a	-SEK 9m
Dec 31 2022	SEK 9m	SEK 5m	-SEK 36m
Sep 30 2022	n/a	n/a	-SEK 30m
Jun 30 2022	n/a	n/a	-SEK 212m
Mar 31 2022	n/a	n/a	-SEK 228m
Dec 31 2021	SEK 4m	SEK 3m	-SEK 211m

Compensation vs Market: Simon's total compensation ($USD938.12K) is about average for companies of similar size in the German market ($USD1.04M).

Compensation vs Earnings: Simon's compensation has been consistent with company performance over the past year.

CEO

Simon Petren (35 yo)

3.8yrs

Tenure

SEK 10,309,000

Compensation

Mr. Simon Petren is a Director of Refine Group AB (publ) since May 10, 2023. He is Chief Executive Officer of Humble Group AB (publ) since January 01, 2021 and served as its Deputy Chief Executive Officer...

Board Members

Name	Position	Tenure	Compensation	Ownership
Noel Abdayem	Deputy CEO & Board Member	less than a year	no data	no data
Ola Cronholm	Director	2.6yrs	SEK 230.00k	0.012% € 45.8k
Dajana Mirborn	Independent Chairman of the Board	3.5yrs	SEK 380.00k	0.013% € 50.3k
Henrik Patek	Director	3.8yrs	SEK 253.00k	0.046% € 182.9k
Sara Berger	Independent Director	1.5yrs	SEK 133.00k	no data
Pal Bruu	Independent Director	1.5yrs	SEK 163.00k	no data

2.0yrs

Average Tenure

48.5yo

Average Age

Experienced Board: B39's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.

Humble Group Management

Management criteria checks 2/4

Key information

Recent management updates

Chief Executive Officer recently bought €78k worth of stock

Chief Executive Officer recently bought €51k worth of stock

Humble Group AB (publ), Annual General Meeting, May 22, 2024

Insider recently bought €70k worth of stock

Chief Analytics Officer recently bought €12k worth of stock

VP & COO recently bought €79k worth of stock

Recent updates

Chief Executive Officer recently bought €78k worth of stock

Third quarter 2024 earnings released: EPS: kr0.06 (vs kr0.20 loss in 3Q 2023)

Humble Group AB (publ) to Report Q3, 2024 Results on Oct 31, 2024

Chief Executive Officer recently bought €51k worth of stock

Second quarter 2024 earnings released

Humble Group AB (publ), Annual General Meeting, May 22, 2024

First quarter 2024 earnings released: EPS: kr0.05 (vs kr0.01 loss in 1Q 2023)

Full year 2023 earnings released: kr0.28 loss per share (vs kr0.13 loss in FY 2022)

Insider recently bought €70k worth of stock

Full year 2023 earnings released: kr0.28 loss per share (vs kr0.13 loss in FY 2022)

Forecast breakeven date pushed back to 2024

Third quarter 2023 earnings released: kr0.20 loss per share (vs kr0.90 loss in 3Q 2022)

Now 25% undervalued

Now 21% undervalued

Second quarter 2023 earnings released

New major risk - Shareholder dilution

New major risk - Share price stability

Forecast to breakeven in 2023

Chief Analytics Officer recently bought €12k worth of stock

Forecast breakeven date moved forward to 2023

Full year 2022 earnings released: kr0.26 loss per share (vs kr1.39 loss in FY 2021)

VP & COO recently bought €79k worth of stock

Forecast to breakeven in 2025

VP & COO recently bought €75k worth of stock

Third quarter 2022 earnings released: kr0.89 loss per share (vs kr0.63 loss in 3Q 2021)

Humble Group AB (publ) to Report Q4, 2022 Results on Feb 22, 2023

Less than half of directors are independent

Humble Group AB (publ) to Report Q3, 2022 Results on Nov 23, 2022

Second quarter 2022 earnings released

Humble Group AB (publ) (OM:HUMBLE) acquired Privab Nässjö and Privab Stockholm from Privab Grossisterna Ab.

Humble Group AB (publ) (OM:HUMBLE) signed a binding agreement to acquire LEV Group from the owners of LEV Group for approximately SEK 160 million.

Humble Group AB (publ) (OM:HUMBLE) signed a binding agreement to acquire LEV Group from the owners of LEV Group for approximately SEK 160 million.

First quarter 2022 earnings released: kr0.82 loss per share (vs kr0.086 loss in 1Q 2021)

Humble Group AB (publ) (OM:HUMBLE) acquired Go Superfoods Ltd.

Less than half of directors are independent

Humble Group AB (publ) (OM:HUMBLE) acquired La Praline Scandinavia/Grenna Konfektyr/Arne & Björn.

Humble Group AB (publ) (OM:HUMBLE) signed a binding agreement to acquire Go Superfoods Ltd for SEK 208 million.

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Forecast to breakeven in 2024

Insider recently bought €62k worth of stock

Deputy CEO & Member of Management Board recently bought €292k worth of stock

Humble Group AB (publ) (OM:HUMBLE) acquired Bio Pak Nutracevtika, d.o.o. for SEK 61.6 million.

Deputy CEO & Member of Management Board recently bought €97k worth of stock

Humble Group AB (publ) (OM:HUMBLE) agreed to acquire True. ApS for approximately SEK 340 million.

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

Humble Group AB (publ) (OM:HUMBLE) signed a binding agreement to acquire Delsbo Candle Ab for approximately SEK 58.9 million.

Board Member recently bought €210k worth of stock

Humble Group AB (publ) (OM:HUMBLE) signed a binding agreement to acquire Swedish Food Group AB from owners for approximately SEK 440 million.

Second quarter 2021 earnings released: kr0.36 loss per share (vs kr0.076 loss in 2Q 2020)

Board Member recently bought €394k worth of stock

First quarter 2021 earnings released: kr0.09 loss per share (vs kr0.057 loss in 1Q 2020)

Bayn Group AB (publ) (OM:BAYN) completed the acquisition of The Humble Co. AB from Noel Abdayem, Verdane and others.

Bayn Group AB (publ) (OM:BAYN) entered into an agreement to acquire The Humble Co. AB from Noel Abdayem, Verdane and others for approximately SEK 810 million.

New 90-day high: €1.68

New 90-day high: €1.67

New 90-day high: €0.99

Bayn Group AB (publ) (OM:BAYN) agreed to acquire Green Sales Distributions Ab SEK 74.5 million.

Bayn Group AB (publ) (OM:BAYN) completed the acquisition of Koppers Candy Sweden AB.

Bayn Group AB (publ) (OM:BAYN) entered into a binding agreement to acquire 51% stake in KLEMENT SP. Z O. O. from Mariusz Klementowski for SEK 41.1 million.