Precise Biometrics Management
Management criteria checks 2/4
Precise Biometrics' CEO is Joakim Nydemark, appointed in Aug 2023, has a tenure of 1.42 years. total yearly compensation is SEK3.34M, comprised of 31% salary and 69% bonuses, including company stock and options. directly owns 0.03% of the company’s shares, worth SEK122.48K. The average tenure of the management team and the board of directors is 1.2 years and 3 years respectively.
Key information
Joakim Nydemark
Chief executive officer
SEK 3.3m
Total compensation
| CEO salary percentage | 31.0% |
| CEO tenure | 1.4yrs |
| CEO ownership | 0.03% |
| Management average tenure | 1.2yrs |
| Board average tenure | 3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -SEK 12m |
| Jun 30 2024 | n/a | n/a | -SEK 21m |
| Mar 31 2024 | n/a | n/a | -SEK 22m |
| Dec 31 2023 | SEK 3m | SEK 1m | -SEK 26m |
Compensation vs Market: Joakim's total compensation ($USD300.26K) is about average for companies of similar size in the UK market ($USD346.49K).
Compensation vs Earnings: Insufficient data to compare Joakim's compensation with company performance.
CEO
Joakim Nydemark (53 yo)
1.4yrs
Tenure
SEK 3,338,000
Compensation
Mr. Joakim Nydemark served as Executive Vice President & CCO of Algo at Precise Biometrics AB (publ) since June 01, 2023 until August 28, 2023 and serves as its Chief Executive Officer since August 28, 202...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 1.4yrs | SEK 3.34m | 0.030% SEK 122.5k | |
| Chief Financial Officer | less than a year | no data | no data | |
| Director of Investors Relations & Communications | no data | no data | no data | |
| Chief Marketing Officer | 1.3yrs | no data | 0.032% SEK 131.3k | |
| Chief Commercial Officer of Digital Identity | 1.2yrs | no data | no data | |
| CCO - Biometric Technologies | 1.1yrs | no data | no data |
1.2yrs
Average Tenure
51.5yo
Average Age
Experienced Management: 0JDU's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 3yrs | SEK 219.00k | 0.032% SEK 131.3k | |
| Independent Chairman of the Board | 11.8yrs | SEK 615.00k | 0.15% SEK 613.1k | |
| Independent Director | 1.7yrs | SEK 180.00k | 0.090% SEK 367.5k | |
| Director | less than a year | no data | no data | |
| Independent Director | 5.7yrs | SEK 215.00k | 0.037% SEK 149.3k |
3.0yrs
Average Tenure
58yo
Average Age
Experienced Board: 0JDU's board of directors are considered experienced (3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 19:28 |
| End of Day Share Price | 2025/01/03 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 |
| |
| 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
Precise Biometrics AB (publ) is covered by 2 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 |
|---|---|
| Fredrik Steinslien | Pareto Securities |
| Martin Wahlstrom | Redeye |