Sotkamo Silver Management
Management criteria checks 2/4
Sotkamo Silver's CEO is Mikko Jalasto, appointed in Sep 2022, has a tenure of 1.92 years. total yearly compensation is SEK3.25M, comprised of 64.6% salary and 35.4% bonuses, including company stock and options. directly owns 0.087% of the company’s shares, worth €21.48K. The average tenure of the management team and the board of directors is 2.3 years and 2.8 years respectively.
Key information
Mikko Jalasto
Chief executive officer
SEK 3.3m
Total compensation
| CEO salary percentage | 64.6% |
| CEO tenure | 1.9yrs |
| CEO ownership | 0.09% |
| Management average tenure | 2.3yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -SEK 16m |
| Mar 31 2024 | n/a | n/a | SEK 35m |
| Dec 31 2023 | SEK 3m | SEK 2m | SEK 27m |
| Sep 30 2023 | n/a | n/a | SEK 6m |
| Jun 30 2023 | n/a | n/a | -SEK 32m |
| Mar 31 2023 | n/a | n/a | -SEK 55m |
| Dec 31 2022 | SEK 876k | SEK 725k | -SEK 28m |
Compensation vs Market: Mikko's total compensation ($USD311.25K) is about average for companies of similar size in the UK market ($USD368.02K).
Compensation vs Earnings: Mikko's compensation has increased whilst the company is unprofitable.
CEO
Mikko Jalasto (48 yo)
1.9yrs
Tenure
SEK 3,251,000
Compensation
Mr. Mikko Jalasto serves as Chief Executive Officer of Sotkamo Silver AB since September 16, 2022 and has been its MD. Mr. Jalasto served as President of Sotkamo Silver AB since September 2022. Mr. Jalasto...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & MD | 1.9yrs | SEK 3.25m | 0.087% € 21.5k | |
| Group Chief Financial Officer | 2.8yrs | no data | 0.066% € 16.1k | |
| Chief Operating Officer | 1.9yrs | no data | 0.020% € 4.8k | |
| Chief Sustainability Officer | 3.6yrs | no data | 0.0087% € 2.1k |
2.3yrs
Average Tenure
49.5yo
Average Age
Experienced Management: SOSI1H's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 1.3yrs | SEK 222.00k | 0.037% € 9.1k | |
| Independent Director | 3.3yrs | SEK 399.00k | no data | |
| Independent Chairman of the Board | 6.6yrs | SEK 632.00k | no data | |
| Independent Vice Chairman of the Board | 4.3yrs | SEK 417.00k | no data | |
| Independent Director | 2.3yrs | SEK 364.00k | no data | |
| Director | less than a year | no data | no data |
2.8yrs
Average Tenure
67yo
Average Age
Experienced Board: SOSI1H's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/08/18 07:49 |
| End of Day Share Price | 2024/05/21 00:00 |
| Earnings | 2024/06/30 |
| 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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Sotkamo Silver AB is covered by 3 analysts. 1 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 |
|---|---|
| Gustaf Ericson | ABG Sundal Collier Sponsored |
| Antti-Pekka Viljakainen | Inderes Oy |
| Aapeli Pursimo | Inderes Oy |