MGI - Media and Games Invest Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Remco Westermann

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	6yrs
CEO ownership	27.6%
Management average tenure	no data
Board average tenure	3.3yrs

Recent management updates

Recent updates

CEO

Remco Westermann (60 yo)

6yrs

Tenure

Mr. Remco Westermann served as President of the Board at Verve Group, Inc. until August 2022 and served as its Chief Executive Officer until October 2021. He serves as the Chief Executive Officer at Just A...

Board Members

Name	Position	Tenure	Compensation	Ownership
Remco Westermann	CEO & Director	6yrs	no data	27.58% € 72.8m
Mary Halford	Non-Executive Independent Director	2.3yrs	no data	no data
Franca Ruhwedel	Independent Non-Executive Director	1.7yrs	no data	0.0029% € 7.7k
Tobias Weitzel	Independent Chairman of the Board	6yrs	no data	no data
Elizabeth Para	Independent Director	4.3yrs	no data	0.92% € 2.4m
Johan Roslund	Independent Non-Executive Director	1.7yrs	no data	0.0031% € 8.1k

3.3yrs

Average Tenure

50.5yo

Average Age

Experienced Board: M8G's board of directors are considered experienced (3.3 years average tenure).

MGI - Media and Games Invest Management

Management criteria checks 1/4

Key information

Recent management updates

Independent Director recently sold €50k worth of stock

CEO & Director recently bought €139k worth of stock

MGI - Media and Games Invest SE, Annual General Meeting, Jun 13, 2024

CEO & Director recently bought €80k worth of stock

MGI - Media and Games Invest SE Announces Appointment of Nomination Committee

CEO & Director recently bought €2.0m worth of stock

Recent updates

Price target increased by 9.1% to €3.10

MGI - Media and Games Invest Se Provides Earnings Guidance for 2024

First quarter 2024 earnings released: EPS: €0.004 (vs €0.005 in 1Q 2023)

Investor sentiment improves as stock rises 18%

MGI - Media and Games Invest SE Releases On-Device Targeting-AI ATOM 3.0 to 10,000+ Apps

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improves as stock rises 21%

Price target increased by 7.4% to €2.84

Investor sentiment improves as stock rises 15%

Independent Director recently sold €50k worth of stock

Price target increased by 8.0% to €2.76

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improves as stock rises 18%

CEO & Director recently bought €139k worth of stock

New major risk - Revenue and earnings growth

Third quarter 2023 earnings released: EPS: €0.25 (vs €0.02 in 3Q 2022)

MGI - Media and Games Invest SE, Annual General Meeting, Jun 13, 2024

CEO & Director recently bought €80k worth of stock

MGI - Media and Games Invest SE Announces Appointment of Nomination Committee

CEO & Director recently bought €2.0m worth of stock

CEO & Director recently bought €98k worth of stock

CEO & Director recently bought €54k worth of stock

Price target decreased by 12% to €3.08

MGI - Media and Games Invest SE Provides Financial Guidance for 2023

MGI - Media and Games Invest SE to Report Q4, 2023 Results on Feb 29, 2024

Second quarter 2023 earnings: Revenues miss analyst expectations

New major risk - Share price stability

Price target decreased by 12% to €3.57

CEO & Director recently bought €107k worth of stock

CEO & Director recently bought €91k worth of stock

CEO & Director recently bought €397k worth of stock

CEO & Director recently bought €147k worth of stock

Price target decreased by 11% to €4.05

First quarter 2023 earnings released

MGI - Media and Games Invest SE to Report Q3, 2023 Results on Nov 30, 2023

CEO & Director recently bought €93k worth of stock

Full year 2022 earnings: EPS misses analyst expectations

CEO & Director recently bought €157k worth of stock

CEO & Director recently bought €184k worth of stock

Price target decreased by 8.1% to €4.44

Full year 2022 earnings released: €0.13 loss per share (vs €0.11 profit in FY 2021)

MGI - Media and Games Invest SE to Report Fiscal Year 2022 Results on Apr 28, 2023

MGI - Media and Games Invest SE, Annual General Meeting, Jun 30, 2023

Third quarter 2022 earnings released: EPS: €0.02 (vs €0.022 in 3Q 2021)

Media and Games Invest SE Updates Earnings Guidance for the Full Year 2022

Media and Games Invest SE to Report Q4, 2022 Results on Feb 28, 2023

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released

Media and Games Invest SE Confirms Financial Guidance for the Year 2022

Media and Games Invest Promotes Ionut Ciobotaru and Sameer Sondhi to C-Level Managers

Investor sentiment deteriorated over the past week

Price target decreased to €6.67

Media and Games Invest SE, Annual General Meeting, Sep 15, 2022

Investor sentiment deteriorated over the past week

Media and Games Invest SE Updates Earnings Guidance for the Year 2022

Investor sentiment improved over the past week

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Media and Games Invest SE Appoints Sonja Lilienthal as New Chief Investment Officer, Effective April 1, 2022

Investor sentiment deteriorated over the past week

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Media and Games Invest SE Provides Revenue Guidance for the Fiscal Year 2022

Independent Director recently bought €107k worth of stock

CEO & Chairman of the Board recently bought €81k worth of stock

CEO & Chairman of the Board recently bought €59k worth of stock

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: EPS €0.022 (vs €0.002 in 3Q 2020)

CEO & Chairman of the Board recently bought €62k worth of stock

CEO & Chairman of the Board recently bought €99k worth of stock