Minesto AB (publ)

OM:MINEST Stock Report

Market Cap: kr487.2m

Minesto Management

Management criteria checks 2/4

Minesto's CEO is Martin Edlund, appointed in Feb 2016, has a tenure of 8.25 years. total yearly compensation is SEK2.09M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.075% of the company’s shares, worth SEK365.42K. The average tenure of the management team and the board of directors is 0.9 years and 14.3 years respectively.

Key information

Martin Edlund

Chief executive officer

kr2.1m

Total compensation

CEO salary percentage100.0%
CEO tenure8.3yrs
CEO ownership0.07%
Management average tenureless than a year
Board average tenure14.3yrs

Recent management updates

Recent updates

We're Keeping An Eye On Minesto's (STO:MINEST) Cash Burn Rate

Feb 09
We're Keeping An Eye On Minesto's (STO:MINEST) Cash Burn Rate

Is Minesto (STO:MINEST) In A Good Position To Invest In Growth?

Sep 21
Is Minesto (STO:MINEST) In A Good Position To Invest In Growth?

We Think Minesto (STO:MINEST) Needs To Drive Business Growth Carefully

Aug 25
We Think Minesto (STO:MINEST) Needs To Drive Business Growth Carefully

At kr17.65, Is It Time To Put Minesto AB (publ) (STO:MINEST) On Your Watch List?

Feb 01
At kr17.65, Is It Time To Put Minesto AB (publ) (STO:MINEST) On Your Watch List?

Minesto AB (publ)'s (STO:MINEST) Shift From Loss To Profit

May 03
Minesto AB (publ)'s (STO:MINEST) Shift From Loss To Profit

The Minesto (STO:MINEST) Share Price Is Up 638% And Shareholders Are Delighted

Feb 28
The Minesto (STO:MINEST) Share Price Is Up 638% And Shareholders Are Delighted

When Can We Expect A Profit From Minesto AB (publ) (STO:MINEST)?

Feb 01
When Can We Expect A Profit From Minesto AB (publ) (STO:MINEST)?

What Does Minesto AB (publ)'s (STO:MINEST) Share Price Indicate?

Jan 11
What Does Minesto AB (publ)'s (STO:MINEST) Share Price Indicate?

Our View On Minesto's (STO:MINEST) CEO Pay

Dec 21
Our View On Minesto's (STO:MINEST) CEO Pay

Is Minesto (STO:MINEST) In A Good Position To Invest In Growth?

Nov 23
Is Minesto (STO:MINEST) In A Good Position To Invest In Growth?

CEO Compensation Analysis

How has Martin Edlund's remuneration changed compared to Minesto's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

-kr33m

Dec 31 2023n/an/a

-kr27m

Sep 30 2023n/an/a

-kr89m

Jun 30 2023n/an/a

-kr86m

Mar 31 2023n/an/a

-kr86m

Dec 31 2022kr2mkr2m

-kr84m

Sep 30 2022n/an/a

-kr17m

Jun 30 2022n/an/a

-kr16m

Mar 31 2022n/an/a

-kr16m

Dec 31 2021kr2mkr2m

-kr15m

Sep 30 2021n/an/a

-kr13m

Jun 30 2021n/an/a

-kr13m

Mar 31 2021n/an/a

-kr14m

Dec 31 2020kr2mkr2m

-kr13m

Sep 30 2020n/an/a

-kr98m

Jun 30 2020n/an/a

-kr99m

Mar 31 2020n/an/a

-kr100m

Dec 31 2019kr2mkr2m

-kr100m

Sep 30 2019n/an/a

-kr14m

Jun 30 2019n/an/a

-kr14m

Mar 31 2019n/an/a

-kr11m

Dec 31 2018kr2mkr2m

-kr11m

Sep 30 2018n/an/a

-kr10m

Jun 30 2018n/an/a

-kr8m

Mar 31 2018n/an/a

-kr8m

Dec 31 2017kr2mkr1m

-kr8m

Compensation vs Market: Martin's total compensation ($USD191.40K) is about average for companies of similar size in the Swedish market ($USD245.98K).

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

CEO

Martin Edlund (54 yo)

8.3yrs

Tenure

kr2,089,968

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

NamePositionTenureCompensationOwnership
Martin Edlund
CEO & Director8.3yrskr2.09m0.075%
SEK 365.4k
Gustav Kvibling
Chief Financial Officerless than a yearno datano data
Johannes Huffmeier
Chief Operations Officerless than a yearno datano data
Bernt Westre
Chief Technology Officer6.7yrsno data0.0069%
SEK 33.4k
Cecilia Sernhage
Chief Communications Officerno datano datano data
David Collier
Chief Strategy Officerless than a yearno data0.0014%
SEK 6.6k
Hans Lindstrom
Chief Supply Chain Officerless than a yearno datano data

0.9yrs

Average Tenure

Experienced Management: MINEST's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Martin Edlund
CEO & Director16.3yrskr2.09m0.075%
SEK 365.4k
Bengt Adolfsson
Independent Director14.3yrskr96.60kno data
Andreas Gunnarsson
Deputy Board Memberno datano datano data
Goran Linder
Independent Director17.3yrskr96.60kno data
Git Adolfsson
Independent Director14.3yrskr96.60kno data
Jonas Millqvist
Independent Chairman of the Board6.3yrskr193.20k0.00055%
SEK 2.7k
Joel Lybert
Independent Directorless than a yearno datano data

14.3yrs

Average Tenure

61yo

Average Age

Experienced Board: MINEST's board of directors are seasoned and experienced ( 14.3 years average tenure).

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