Eastnine AB (publ)

BATS-CHIXE:EASTS Stock Report

Market Cap: SEK 4.2b

Eastnine Management

Management criteria checks 3/4

Eastnine's CEO is Kestutis Sasnauskas, appointed in Jul 2017, has a tenure of 7.25 years. total yearly compensation is €546.00K, comprised of 43.2% salary and 56.8% bonuses, including company stock and options. directly owns 4.5% of the company’s shares, worth SEK189.44M. The average tenure of the management team and the board of directors is 6.3 years and 4.4 years respectively.

Key information

Kestutis Sasnauskas

Chief executive officer

€546.0k

Total compensation

CEO salary percentage43.2%
CEO tenure7.3yrs
CEO ownership4.5%
Management average tenure6.3yrs
Board average tenure4.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kestutis Sasnauskas's remuneration changed compared to Eastnine's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-€20m

Mar 31 2024n/an/a

-€55m

Dec 31 2023€546k€236k

-€72m

Sep 30 2023n/an/a

-€72m

Jun 30 2023n/an/a

€19m

Mar 31 2023n/an/a

€130m

Dec 31 2022€504k€247k

€109m

Sep 30 2022n/an/a

€156m

Jun 30 2022n/an/a

€104m

Mar 31 2022n/an/a

€33m

Dec 31 2021€515k€246k

€72m

Sep 30 2021n/an/a

€63m

Jun 30 2021n/an/a

€60m

Mar 31 2021n/an/a

€64m

Dec 31 2020€475k€238k

€36m

Sep 30 2020n/an/a

€18m

Jun 30 2020n/an/a

€12m

Mar 31 2020n/an/a

€8m

Dec 31 2019€431k€225k

€35m

Sep 30 2019n/an/a

€27m

Jun 30 2019n/an/a

€25m

Mar 31 2019n/an/a

€20m

Dec 31 2018€390k€233k

€16m

Sep 30 2018n/an/a

€21m

Jun 30 2018n/an/a

€21m

Mar 31 2018n/an/a

€15m

Dec 31 2017€398k€260k

€17m

Compensation vs Market: Kestutis's total compensation ($USD599.28K) is below average for companies of similar size in the UK market ($USD1.01M).

Compensation vs Earnings: Kestutis's compensation has increased whilst the company is unprofitable.

CEO

Kestutis Sasnauskas (51 yo)

7.3yrs

Tenure

€546,000

Compensation

Mr. Kestutis Sasnauskas has been Chief Executive Officer of Eastnine AB (publ) since July 3, 2017. Mr. Sasnauskas was a Co-Founder and Partner at East Capital Private Equity AB and has been its Chief Inves...

Leadership Team

NamePositionTenureCompensationOwnership
Kestutis Sasnauskas
Chief Executive Officer7.3yrs€546.00k4.5%
SEK 189.4m
Britt-Marie Nyman
CFO & Deputy CEO5.4yrs€292.00k0.12%
SEK 5.1m
Emil Holmström
Head of Investmentsno datano datano data
Gerry Sommensjö
Head of Accounting5.8yrsno datano data
Lilia Kouzmina
Head of Sustainability5.9yrsno datano data
Farzad Bahador
Head of Group Controlling10.8yrsno datano data
Eric Strandberg Stadler
Structuring & Treasury Manager6.8yrsno datano data

6.3yrs

Average Tenure

51yo

Average Age

Experienced Management: EASTS's management team is seasoned and experienced (6.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Liselotte Hjorth
Independent Chairman10.2yrs€70.00k0.063%
SEK 2.7m
Christian Hermelin
Independent Director4.4yrs€35.00k0.085%
SEK 3.6m
Hanna-Leena Loikkanen
Independent Non-Executive Director1.4yrs€23.00kno data
Ylva Westman
Independent Director4.4yrs€35.00k0.012%
SEK 499.8k
Peter Hakansson
Independent Directorno datano datano data
Louise Richnau
Independent Directorless than a yearno datano data

4.4yrs

Average Tenure

59yo

Average Age

Experienced Board: EASTS's board of directors are considered experienced (4.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/10/06 10:00
End of Day Share Price 2024/07/09 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Eastnine AB (publ) is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Victor KrüegerABG Sundal Collier Sponsored
null nullABG Sundal Collier Sponsored
Joakim KindahlCarnegie Investment Bank AB