Strax AB (publ)

OM:STRAX Stock Report

Market Cap: SEK 15.9m

Strax Management

Management criteria checks 3/4

Strax's CEO is Gudmundur Palmason, appointed in May 2016, has a tenure of 8.67 years. total yearly compensation is €339.00K, comprised of 97.9% salary and 2.1% bonuses, including company stock and options. directly owns 26.04% of the company’s shares, worth SEK4.14M. The average tenure of the management team and the board of directors is 5.3 years and 8.8 years respectively.

Key information

Gudmundur Palmason

Chief executive officer

€339.0k

Total compensation

CEO salary percentage97.9%
CEO tenure8.7yrs
CEO ownership26.0%
Management average tenure5.3yrs
Board average tenure8.8yrs

Recent management updates

Recent updates

Lacklustre Performance Is Driving Strax AB (publ)'s (STO:STRAX) 27% Price Drop

Dec 06
Lacklustre Performance Is Driving Strax AB (publ)'s (STO:STRAX) 27% Price Drop

The Market Doesn't Like What It Sees From Strax AB (publ)'s (STO:STRAX) Revenues Yet As Shares Tumble 26%

Sep 17
The Market Doesn't Like What It Sees From Strax AB (publ)'s (STO:STRAX) Revenues Yet As Shares Tumble 26%

Strax AB (publ) (STO:STRAX) Looks Inexpensive After Falling 29% But Perhaps Not Attractive Enough

May 31
Strax AB (publ) (STO:STRAX) Looks Inexpensive After Falling 29% But Perhaps Not Attractive Enough

Strax AB (publ)'s (STO:STRAX) Shares Bounce 46% But Its Business Still Trails The Industry

Apr 04
Strax AB (publ)'s (STO:STRAX) Shares Bounce 46% But Its Business Still Trails The Industry

Are Investors Undervaluing Strax AB (publ) (STO:STRAX) By 33%?

Nov 30
Are Investors Undervaluing Strax AB (publ) (STO:STRAX) By 33%?

The Strax AB (publ) (STO:STRAX) Analysts Have Been Trimming Their Sales Forecasts

Aug 27
The Strax AB (publ) (STO:STRAX) Analysts Have Been Trimming Their Sales Forecasts

Strax AB (publ) (STO:STRAX) Might Not Be As Mispriced As It Looks After Plunging 30%

Jul 29
Strax AB (publ) (STO:STRAX) Might Not Be As Mispriced As It Looks After Plunging 30%

These 4 Measures Indicate That Strax (STO:STRAX) Is Using Debt In A Risky Way

Aug 26
These 4 Measures Indicate That Strax (STO:STRAX) Is Using Debt In A Risky Way

Growth Investors: Industry Analysts Just Upgraded Their Strax AB (publ) (STO:STRAX) Revenue Forecasts By 16%

Jun 02
Growth Investors: Industry Analysts Just Upgraded Their Strax AB (publ) (STO:STRAX) Revenue Forecasts By 16%

Strax (STO:STRAX) Seems To Be Using A Lot Of Debt

May 26
Strax (STO:STRAX) Seems To Be Using A Lot Of Debt

These 4 Measures Indicate That Strax (STO:STRAX) Is Using Debt In A Risky Way

Jan 06
These 4 Measures Indicate That Strax (STO:STRAX) Is Using Debt In A Risky Way

Here's What's Concerning About Strax's (STO:STRAX) Returns On Capital

Oct 10
Here's What's Concerning About Strax's (STO:STRAX) Returns On Capital

Strax (STO:STRAX) Has A Somewhat Strained Balance Sheet

Aug 26
Strax (STO:STRAX) Has A Somewhat Strained Balance Sheet

Need To Know: Analysts Are Much More Bullish On Strax AB (publ) (STO:STRAX) Revenues

Jun 02
Need To Know: Analysts Are Much More Bullish On Strax AB (publ) (STO:STRAX) Revenues

Why Strax AB (publ) (STO:STRAX) Could Be Worth Watching

May 28
Why Strax AB (publ) (STO:STRAX) Could Be Worth Watching

Strax (STO:STRAX) Has A Somewhat Strained Balance Sheet

May 07
Strax (STO:STRAX) Has A Somewhat Strained Balance Sheet

Returns On Capital At Strax (STO:STRAX) Paint An Interesting Picture

Mar 02
Returns On Capital At Strax (STO:STRAX) Paint An Interesting Picture

Should You Take Comfort From Insider Transactions At Strax AB (publ) (STO:STRAX)?

Feb 09
Should You Take Comfort From Insider Transactions At Strax AB (publ) (STO:STRAX)?

Reflecting on Strax's (STO:STRAX) Share Price Returns Over The Last Three Years

Jan 11
Reflecting on Strax's (STO:STRAX) Share Price Returns Over The Last Three Years

Does Strax (STO:STRAX) Have A Healthy Balance Sheet?

Dec 14
Does Strax (STO:STRAX) Have A Healthy Balance Sheet?

CEO Compensation Analysis

How has Gudmundur Palmason's remuneration changed compared to Strax's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-€34m

Jun 30 2024n/an/a

-€54m

Mar 31 2024n/an/a

-€69m

Dec 31 2023€339k€332k

-€61m

Sep 30 2023n/an/a

-€42m

Jun 30 2023n/an/a

-€29m

Mar 31 2023n/an/a

-€14m

Dec 31 2022€363k€341k

-€20m

Sep 30 2022n/an/a

-€10m

Jun 30 2022n/an/a

-€2m

Mar 31 2022n/an/a

-€2m

Dec 31 2021€323k€274k

-€2m

Sep 30 2021n/an/a

€2m

Jun 30 2021n/an/a

€2m

Mar 31 2021n/an/a

€1m

Dec 31 2020€281k€248k

€669k

Sep 30 2020n/an/a

-€77k

Jun 30 2020n/an/a

-€2m

Mar 31 2020n/an/a

-€4m

Dec 31 2019€281k€273k

-€2m

Sep 30 2019n/an/a

€15m

Jun 30 2019n/an/a

€14m

Mar 31 2019n/an/a

€17m

Dec 31 2018€331k€242k

€17m

Compensation vs Market: Gudmundur's total compensation ($USD351.04K) is above average for companies of similar size in the Swedish market ($USD230.60K).

Compensation vs Earnings: Gudmundur's compensation has been consistent with company performance over the past year.

CEO

Gudmundur Palmason (56 yo)

8.7yrs

Tenure

€339,000

Compensation

Mr. Gudmundur Palmason serves as Chief Executive Officer at Strax AB (publ) since May 2016. He serves as Managing Director at Strax AB (publ) and has been its Executive Director since April 2016. Mr. Palma...

Leadership Team

NamePositionTenureCompensationOwnership
Ingvi Tomasson
Founder & Chairman8.8yrs€512.00k24.68%
SEK 3.9m
Gudmundur Palmason
CEO, MD & Executive Director8.7yrs€339.00k26.04%
SEK 4.1m
Alap Shah
Chief Operations Officer5.3yrsno datano data
Frank Hackmann
Head of European Distribution & Management of Procurist5yrsno datano data

5.3yrs

Average Tenure

Experienced Management: STRAX's management team is seasoned and experienced (5.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ingvi Tomasson
Founder & Chairman8.8yrs€512.00k24.68%
SEK 3.9m
Gudmundur Palmason
CEO, MD & Executive Director8.8yrs€339.00k26.04%
SEK 4.1m
Kjartan Sigurdsson
Directorless than a yearno datano data

8.8yrs

Average Tenure

56yo

Average Age

Experienced Board: STRAX's board of directors are considered experienced (8.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/21 19:51
End of Day Share Price 2025/01/21 00:00
Earnings2024/09/30
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

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

Strax AB (publ) is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Erik HjulströmBeringer Finance AB
Hugo LisjoPenser Access
Oskar VilhelmssonRedeye