Iconovo Management

Management criteria checks 2/4

Iconovo's CEO is Johan Waborg, appointed in Jan 2020, has a tenure of 4.33 years. directly owns 0.63% of the company’s shares, worth SEK597.66K. The average tenure of the management team and the board of directors is 2.8 years and 5.3 years respectively.

Key information

Johan Waborg

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	4.3yrs
CEO ownership	0.6%
Management average tenure	2.8yrs
Board average tenure	5.3yrs

Recent management updates

Recent updates

Iconovo AB (publ)'s (STO:ICO) Intrinsic Value Is Potentially 37% Above Its Share Price

Jun 13

Companies Like Iconovo (STO:ICO) Can Afford To Invest In Growth

Apr 13

When Will Iconovo AB (publ) (STO:ICO) Turn A Profit?

Mar 18

Have Iconovo AB (publ) (STO:ICO) Insiders Been Selling Their Stock?

Feb 20

A Look At Iconovo's (STO:ICO) Share Price Returns

Feb 07

Have Insiders Been Buying Iconovo AB (publ) (STO:ICO) Shares?

Dec 21

CEO

Johan Waborg (46 yo)

4.3yrs

Tenure

Mr. Johan Wäborg serves as Chief Executive Officer at Iconovo AB (publ) since 2020.

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Johan Waborg	Chief Executive Officer	4.3yrs	no data	0.63% SEK 597.7k
Orest Lastow	Co-Founder	4.3yrs	no data	7.03% SEK 6.7m
Henrik Simonssen	Chief Financial Officer	1.1yrs	no data	no data
Mikael Arinder	Vice President of Operations	8.3yrs	no data	0.085% SEK 81.0k
Josefin Olsen	HR Manager	1.3yrs	no data	no data
Carl Forslund	Head of Industrial Design	no data	no data	no data
Therese Dahl	Business Controller	1.3yrs	no data	no data

2.8yrs

Average Tenure

59yo

Average Age

Experienced Management: ICO's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Orest Lastow	Co-Founder	11.3yrs	no data	7.03% SEK 6.7m
Mats Johansson	Director	11.3yrs	no data	9.05% SEK 8.6m
Gunnar Gardemyr	Independent Chairman of the Board	4.3yrs	no data	0.28% SEK 263.3k
Kjell Larsson	Member of Scientific Advisory Board	no data	no data	no data
Lennart Holm	Member of Business Advisory Board	no data	no data	no data
Rikard Roos	Member of Business Advisory Board	no data	no data	no data
Ann Gidner	Independent Director	3.3yrs	no data	no data
Berndt Axelsson	Independent Director	11.3yrs	no data	2.72% SEK 2.6m
Björn Andersson	Member of Business Advisory Board	no data	no data	no data
Carl Lindgren	Independent Director	less than a year	no data	no data
Agneta Walhagen	Independent Director	5.3yrs	no data	0.038% SEK 36.5k

5.3yrs

Average Tenure

62yo

Average Age

Experienced Board: ICO's board of directors are considered experienced (5.3 years average tenure).

Iconovo Management

Management criteria checks 2/4

Key information

Recent management updates

Iconovo AB (publ), Annual General Meeting, May 21, 2024

Insufficient new directors

Independent Chairman of the Board recently bought kr190k worth of stock

Iconovo AB (Publ) Announces Appoints Carl Lindgren as Chief Business Development Officer

Independent Director recently sold kr98k worth of stock

Independent Director recently sold kr171k worth of stock

Recent updates

Iconovo AB (publ), Annual General Meeting, May 21, 2024

First quarter 2024 earnings released: kr0.69 loss per share (vs kr1.35 loss in 1Q 2023)

New major risk - Revenue and earnings growth

Iconovo AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 18.8 million.

Iconovo AB (publ) to Report Q1, 2024 Results on Apr 25, 2024

New major risk - Market cap size

Insufficient new directors

New minor risk - Profitability

New major risk - Market cap size

Independent Chairman of the Board recently bought kr190k worth of stock

Third quarter 2023 earnings released: kr0.97 loss per share (vs kr1.14 loss in 3Q 2022)

Iconovo AB (publ) Completes Enrollment in Phase I Clinical Trial of Inhaled Oxytocin in ICOone

Iconovo AB (publ) Receives US Patent for Ioccap That Strengthens the Offering for More Customer Collaborations

Iconovo AB (Publ) Provides Earnings Guidance for the Years 2024, 2025, 2026 and 2027

New minor risk - Share price stability

New major risk - Financial position

Second quarter 2023 earnings released: kr1.36 loss per share (vs kr1.38 loss in 2Q 2022)

We're A Little Worried About Iconovo's (STO:ICO) Cash Burn Rate

Price target decreased by 27% to kr63.00

Iconovo AB (publ) Strengthens its Customer Offering in the Novel Pharmaceuticals Business Segment

Iconovo AB (Publ) Announces Appoints Carl Lindgren as Chief Business Development Officer

Independent Director recently sold kr98k worth of stock

Independent Director recently sold kr171k worth of stock

Chief Executive Officer recently bought kr61k worth of stock

Independent Chairman of the Board recently bought kr100k worth of stock

Iconovo AB (publ) to Report Fiscal Year 2022 Results on Feb 08, 2023

Insufficient new directors

Iconovo Receives Approval of New European Patent for Its Single-Use Inhaler ICOone®

Iconovo AB (publ) Announces Executive Changes, Effective April 1, 2023

Iconovo's ICOone Inhaler Platform Receives New Patent Approval in the US

Iconovo Announces Appointment of Nomination Committee

Third quarter 2022 earnings released: kr1.14 loss per share (vs kr0.43 loss in 3Q 2021)

Iconovo AB (publ) Conducts a User Study to Assess the Handling of its ICOone Nasal Inhaler

Here's Why We're Watching Iconovo's (STO:ICO) Cash Burn Situation

Second quarter 2022 earnings released: kr1.38 loss per share (vs kr0.85 loss in 2Q 2021)

Iconovo AB (Publ) Announces First Patent Grant in Japan for It's ICOone

Chief Executive Officer recently bought kr69k worth of stock

Director recently bought kr258k worth of stock

Chief Executive Officer recently bought kr104k worth of stock

Price target increased to kr140

Full year 2021 earnings: EPS and revenues miss analyst expectations

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Iconovo AB (publ) Announces Completion of Comparative Clinical Study of Icores Budesonide/Formoterol and Symbicort Turbuhaler

Chief Financial Officer recently bought kr53k worth of stock

Director recently bought kr78k worth of stock

No longer forecast to breakeven

Director recently bought kr109k worth of stock

Chairman of the Board recently bought kr372k worth of stock

Companies Like Iconovo (STO:ICO) Are In A Position To Invest In Growth

Chief Executive Officer recently bought kr151k worth of stock

Third quarter 2021 earnings released

Chairman of the Board recently bought kr248k worth of stock

Insider recently bought kr53k worth of stock

Chairman of the Board recently bought kr421k worth of stock

We're Not Worried About Iconovo's (STO:ICO) Cash Burn

Is Now The Time To Look At Buying Iconovo AB (publ) (STO:ICO)?

Chairman of the Board recently bought kr378k worth of stock

Iconovo AB (publ)'s (STO:ICO) Intrinsic Value Is Potentially 37% Above Its Share Price

Chairman of the Board recently bought kr689k worth of stock

First quarter 2021 earnings released

Companies Like Iconovo (STO:ICO) Can Afford To Invest In Growth

When Will Iconovo AB (publ) (STO:ICO) Turn A Profit?

Iconovo Granted ICOone Patent in India

Have Iconovo AB (publ) (STO:ICO) Insiders Been Selling Their Stock?

CTO, Co-Founder & Director recently sold kr1.1m worth of stock

Full year 2020 earnings released: kr2.20 loss per share (vs kr1.68 loss in FY 2019)

Revenue and earnings beat expectations

A Look At Iconovo's (STO:ICO) Share Price Returns

New 90-day high: kr54.60