Minesto Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Martin Edlund
Chief executive officer
SEK 2.5m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 9yrs |
| CEO ownership | n/a |
| Management average tenure | 1.7yrs |
| Board average tenure | 15.1yrs |
Recent management updates
Recent updates
Here's Why We're Watching Minesto's (STO:MINEST) Cash Burn Situation
Nov 28
We're Keeping An Eye On Minesto's (STO:MINEST) Cash Burn Rate
Feb 09Is Minesto (STO:MINEST) In A Good Position To Invest In Growth?
Sep 21We Think Minesto (STO:MINEST) Needs To Drive Business Growth Carefully
Aug 25At kr17.65, Is It Time To Put Minesto AB (publ) (STO:MINEST) On Your Watch List?
Feb 01Minesto AB (publ)'s (STO:MINEST) Shift From Loss To Profit
May 03The Minesto (STO:MINEST) Share Price Is Up 638% And Shareholders Are Delighted
Feb 28When Can We Expect A Profit From Minesto AB (publ) (STO:MINEST)?
Feb 01
What Does Minesto AB (publ)'s (STO:MINEST) Share Price Indicate?
Jan 11Our View On Minesto's (STO:MINEST) CEO Pay
Dec 21Is Minesto (STO:MINEST) In A Good Position To Invest In Growth?
Nov 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -SEK 43m |
| Jun 30 2024 | n/a | n/a | -SEK 40m |
| Mar 31 2024 | n/a | n/a | -SEK 33m |
| Dec 31 2023 | SEK 2m | SEK 2m | -SEK 27m |
| Sep 30 2023 | n/a | n/a | -SEK 89m |
| Jun 30 2023 | n/a | n/a | -SEK 86m |
| Mar 31 2023 | n/a | n/a | -SEK 86m |
| Dec 31 2022 | SEK 2m | SEK 2m | -SEK 84m |
| Sep 30 2022 | n/a | n/a | -SEK 17m |
| Jun 30 2022 | n/a | n/a | -SEK 16m |
| Mar 31 2022 | n/a | n/a | -SEK 16m |
| Dec 31 2021 | SEK 2m | SEK 2m | -SEK 15m |
| Sep 30 2021 | n/a | n/a | -SEK 13m |
| Jun 30 2021 | n/a | n/a | -SEK 13m |
| Mar 31 2021 | n/a | n/a | -SEK 14m |
| Dec 31 2020 | SEK 2m | SEK 2m | -SEK 13m |
| Sep 30 2020 | n/a | n/a | -SEK 98m |
| Jun 30 2020 | n/a | n/a | -SEK 99m |
| Mar 31 2020 | n/a | n/a | -SEK 100m |
| Dec 31 2019 | SEK 2m | SEK 2m | -SEK 100m |
| Sep 30 2019 | n/a | n/a | -SEK 14m |
| Jun 30 2019 | n/a | n/a | -SEK 14m |
| Mar 31 2019 | n/a | n/a | -SEK 11m |
| Dec 31 2018 | SEK 2m | SEK 2m | -SEK 11m |
Compensation vs Market: Martin's total compensation ($USD231.89K) is about average for companies of similar size in the Swedish market ($USD238.85K).
Compensation vs Earnings: Martin's compensation has increased whilst the company is unprofitable.
CEO
Martin Edlund (55 yo)
9yrs
Tenure
SEK 2,480,141
Compensation
Dr. Martin Edlund, PhD, has been the Chief Executive Officer of Minesto AB since February 14, 2016. Mr. Edlund is the Founder and Chief Executive Officer of Kebbison Innovation and is involved in venture c...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 9yrs | SEK 2.48m | no data | |
| Chief Financial Officer | 1.7yrs | no data | no data | |
| Chief Operations Officer | 1.7yrs | no data | no data | |
| Chief Technology Officer | 7.4yrs | no data | 0.0069% SEK 33.9k | |
| Chief Communications Officer | no data | no data | no data | |
| Chief Personnel Officer | 1.1yrs | no data | no data | |
| Chief Strategy Officer | 1.7yrs | no data | no data | |
| Chief Supply Chain Officer | 1.7yrs | no data | no data |
1.7yrs
Average Tenure
Experienced Management: MINEST's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 17.1yrs | SEK 2.48m | no data | |
| Deputy Board Member | no data | no data | no data | |
| Independent Director | 18.1yrs | SEK 157.50k | no data | |
| Independent Director | 15.1yrs | SEK 157.50k | no data | |
| Independent Chairman of the Board | 7.1yrs | SEK 315.65k | no data | |
| Independent Director | 1.7yrs | SEK 52.50k | no data |
15.1yrs
Average Tenure
58.5yo
Average Age
Experienced Board: MINEST's board of directors are seasoned and experienced ( 15.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/15 23:45 |
| End of Day Share Price | 2025/02/14 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.
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 Github.
Analyst Sources
Minesto AB (publ) is covered by 1 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 |
|---|---|
| Johan Spetz | Pareto Securities |