Tempest Security AB (publ)

OM:TSEC Stock Report

Market Cap: SEK 119.5m

Tempest Security Management

Management criteria checks 3/4

Tempest Security's CEO is Terry Spry, appointed in Jan 2024, has a tenure of 2.33 years. directly owns 10.52% of the company’s shares, worth SEK12.58M. The average tenure of the management team and the board of directors is 2.6 years and 3 years respectively.

Key information

Terry Spry

Chief executive officer

SEK 3.5m

Total compensation

CEO salary percentagen/a
CEO tenure2.3yrs
CEO ownership10.5%
Management average tenure2.6yrs
Board average tenure3yrs

Recent management updates

Recent updates

Analysis Article • Jan 19

Does Tempest Security (STO:TSEC) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article • Nov 27

Tempest Security AB (publ) (STO:TSEC) Soars 26% But It's A Story Of Risk Vs Reward

Tempest Security AB (publ) ( STO:TSEC ) shares have had a really impressive month, gaining 26% after a shaky period...
Analysis Article • Jul 11

Not Many Are Piling Into Tempest Security AB (publ) (STO:TSEC) Just Yet

It's not a stretch to say that Tempest Security AB (publ)'s ( STO:TSEC ) price-to-sales (or "P/S") ratio of 0.2x right...
Analysis Article • Dec 18

Take Care Before Jumping Onto Tempest Security AB (publ) (STO:TSEC) Even Though It's 28% Cheaper

To the annoyance of some shareholders, Tempest Security AB (publ) ( STO:TSEC ) shares are down a considerable 28% in...
Analysis Article • Nov 22

We Think Tempest Security (STO:TSEC) Is Taking Some Risk With Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article • May 31

Tempest Security AB (publ)'s (STO:TSEC) Earnings Haven't Escaped The Attention Of Investors

With a price-to-earnings (or "P/E") ratio of 43.6x Tempest Security AB (publ) ( STO:TSEC ) may be sending very bearish...
Analysis Article • Jan 25

Returns Are Gaining Momentum At Tempest Security (STO:TSEC)

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...
Analysis Article • Dec 22

Further Upside For Tempest Security AB (publ) (STO:TSEC) Shares Could Introduce Price Risks After 35% Bounce

Tempest Security AB (publ) ( STO:TSEC ) shareholders would be excited to see that the share price has had a great...
Analysis Article • Sep 30

There's Been No Shortage Of Growth Recently For Tempest Security's (STO:TSEC) Returns On Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
Analysis Article • Feb 26

Tempest Security (STO:TSEC) Is Doing The Right Things To Multiply Its Share Price

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article • Aug 27

Be Wary Of Tempest Security (STO:TSEC) And Its Returns On Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...
Analysis Article • Jan 26

How Many Tempest Security AB (publ) (STO:TSEC) Shares Did Insiders Buy, In The Last Year?

It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...

CEO Compensation Analysis

How has Terry Spry's remuneration changed compared to Tempest Security's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025n/an/a

-SEK 11m

Sep 30 2025n/an/a

-SEK 57m

Jun 30 2025n/an/a

-SEK 64m

Mar 31 2025n/an/a

-SEK 57m

Dec 31 2024SEK 4mn/a

-SEK 53m

Sep 30 2024n/an/a

-SEK 10m

Jun 30 2024n/an/a

SEK 100k

Mar 31 2024n/an/a

SEK 3m

Dec 31 2023SEK 3mn/a

SEK 2m

Sep 30 2023n/an/a

SEK 5m

Jun 30 2023n/an/a

SEK 6m

Mar 31 2023n/an/a

SEK 11m

Dec 31 2022SEK 2mn/a

SEK 10m

Sep 30 2022n/an/a

SEK 220k

Jun 30 2022n/an/a

-SEK 5m

Mar 31 2022n/an/a

-SEK 13m

Dec 31 2021SEK 2mSEK 2m

-SEK 13m

Sep 30 2021n/an/a

-SEK 2m

Jun 30 2021n/an/a

-SEK 3m

Mar 31 2021n/an/a

SEK 23k

Dec 31 2020SEK 2mSEK 2m

SEK 1m

Compensation vs Market: Terry's total compensation ($USD378.15K) is about average for companies of similar size in the Swedish market ($USD317.79K).

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

CEO

Terry Spry (52 yo)

2.3yrs
Tenure
SEK 3,529,000
Compensation

Mr. Terry Andrew Spry was Interim CEO at Tempest Security AB (publ) since 2024 until 2025 and serves as its CEO since 2025 and serves as its Business Area Manager for Tempest Security Risk Solutions since...

Leadership Team

NamePositionTenureCompensationOwnership
Terry Spry
CEO, Business Area Manager for Tempest Security Risk Solutions and Director2.3yrsSEK 3.53m10.52%
SEK 12.6m
Henrik Vikland
Chief Financial Officer2.6yrsno datano data
Anders Lundström
Head of Security Services Sverige9.3yrsno datano data
2.6yrs
Average Tenure
52yo
Average Age

Experienced Management: TSEC's management team is considered experienced (2.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Terry Spry
CEO, Business Area Manager for Tempest Security Risk Solutions and Director17.3yrsSEK 3.53m10.52%
SEK 12.6m
Jonas Rydell
Independent Director3yrsSEK 200.00kno data
Alireza Etemad
Chairman of the Board1.3yrsno datano data
Michael Silfverberg
Independent Director9.3yrsSEK 140.00kno data
Thomas Lofving
Director6.3yrsSEK 140.00k17.68%
SEK 21.1m
Marcus Gustring
Independent Director3yrsSEK 140.00kno data
Jari Burmeister
Director1.3yrsno datano data
3.0yrs
Average Tenure
51yo
Average Age

Experienced Board: TSEC's board of directors are considered experienced (3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/21 13:18
End of Day Share Price 2026/05/21 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

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

Tempest Security AB (publ) is covered by 2 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
null nullABG Sundal Collier
null nullABG Sundal Collier Sponsored