Mentice Management

Management criteria checks 1/4

Mentice's CEO is Göran Malmberg, appointed in Mar 2008, has a tenure of 16.17 years. directly owns 2.78% of the company’s shares, worth SEK22.06M. The average tenure of the management team and the board of directors is 0.7 years and 4.8 years respectively.

Key information

Göran Malmberg

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	16.2yrs
CEO ownership	2.8%
Management average tenure	less than a year
Board average tenure	4.8yrs

Recent management updates

Recent updates

Mentice AB (publ) (STO:MNTC) Shares Slammed 27% But Getting In Cheap Might Be Difficult Regardless

Feb 17

Capital Allocation Trends At Mentice (STO:MNTC) Aren't Ideal

Feb 03

Mentice AB (publ)'s (STO:MNTC) Shares Climb 29% But Its Business Is Yet to Catch Up

Jan 03

Mentice AB (publ) (STO:MNTC) Shares Could Be 44% Below Their Intrinsic Value Estimate

Jun 15

Why Mentice AB (publ) (STO:MNTC) Could Be Worth Watching

Apr 19

Mentice AB (publ)'s (STO:MNTC) Intrinsic Value Is Potentially 59% Above Its Share Price

Feb 01

Is Mentice AB (publ) (STO:MNTC) Potentially Undervalued?

Nov 22

Does This Valuation Of Mentice AB (publ) (STO:MNTC) Imply Investors Are Overpaying?

Oct 06

Companies Like Mentice (STO:MNTC) Can Afford To Invest In Growth

Sep 03

We're Not Very Worried About Mentice's (STO:MNTC) Cash Burn Rate

May 03

Calculating The Intrinsic Value Of Mentice AB (publ) (STO:MNTC)

Mar 22

Could The Mentice AB (publ) (STO:MNTC) Ownership Structure Tell Us Something Useful?

Feb 15

Did Mentice's (STO:MNTC) Share Price Deserve to Gain 10%?

Jan 18

Need To Know: Mentice AB (publ) (STO:MNTC) Insiders Have Been Buying Shares

Dec 28

Are Investors Undervaluing Mentice AB (publ) (STO:MNTC) By 20%?

Dec 07

CEO Compensation Analysis

How has Göran Malmberg's remuneration changed compared to Mentice's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-kr26m
Dec 31 2023	n/a	n/a	-kr3m
Sep 30 2023	n/a	n/a	kr2m
Jun 30 2023	n/a	n/a	-kr6m
Mar 31 2023	n/a	n/a	-kr25m
Dec 31 2022	n/a	n/a	-kr31m
Sep 30 2022	n/a	n/a	-kr37m
Jun 30 2022	n/a	n/a	-kr36m
Mar 31 2022	n/a	n/a	-kr24m
Dec 31 2021	kr4m	kr4m	-kr29m
Sep 30 2021	n/a	n/a	-kr22m
Jun 30 2021	n/a	n/a	-kr15m
Mar 31 2021	n/a	n/a	-kr21m
Dec 31 2020	kr4m	kr3m	-kr13m
Sep 30 2020	n/a	n/a	-kr9m
Jun 30 2020	n/a	n/a	-kr17m
Mar 31 2020	n/a	n/a	-kr17m
Dec 31 2019	kr6m	kr5m	-kr21m

Compensation vs Market: Insufficient data to establish whether Göran's total compensation is reasonable compared to companies of similar size in the Swedish market.

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

CEO

Göran Malmberg (64 yo)

16.2yrs

Tenure

kr4,465,000

Compensation

Mr. Goran Malmberg serves as Group Chief Executive Officer and President at Mentice AB. Mr. Malmberg had been the Chief Executive Officer and President of Mentice AB since March 2008. Mr. Malmberg has exte...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Göran Malmberg	Group CEO & President	16.2yrs	kr4.47m	2.78% SEK 22.1m
Ulrika Voksepp	Chief Financial Officer	less than a year	no data	no data
Jonatan Sjostrom	Chief Operating Officer	less than a year	no data	no data
Henrik Storm	Chief Technology Officer	9.3yrs	no data	no data
Martin Harris	Vice President of Marketing & Sales Enablement	less than a year	no data	no data
Matar Dakhil	Executive Vice President of Business Development	no data	no data	0.60% SEK 4.7m
Stacy Hammar	Corporate Marketing Manager of Medical Device	no data	no data	no data
Dominic Steffel	Senior Product Manager	no data	no data	no data

0.7yrs

Average Tenure

59yo

Average Age

Experienced Management: MNTC's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Gosta Johannesson	Director	4.8yrs	kr170.00k	no data
Denis Gestin	Independent Director	4.8yrs	kr170.00k	no data
Lawrence Howell	Director	13.3yrs	no data	33.99% SEK 269.4m
Eola Runsten	Independent Director	4yrs	kr170.00k	no data
David Ballard	Independent Director	4.8yrs	kr170.00k	no data
Johann Koss	Independent Director	9.3yrs	kr100.00k	no data
Magnus Nilsson	Independent Chairman of the Board	1.4yrs	kr360.00k	no data

4.8yrs

Average Tenure

64yo

Average Age

Experienced Board: MNTC's board of directors are considered experienced (4.8 years average tenure).

Mentice Management

Management criteria checks 1/4

Key information

Recent management updates

Director recently bought kr796k worth of stock

Mentice (publ) Appoints Ulrika Drotz Voksepp as New Chief Financial Officer, Effective January 2, 2024

Mentice AB (Publ) Announces Board Appointments

Mentice AB (publ), Annual General Meeting, May 23, 2024

Mentice AB (Publ) Appoints of Jonatan Sjöström to Its Executive Management Group as Chief Operating Officer, Effective from September 14, 2023

Mentice AB (publ) Announces Chief Financial Officer Changes

Recent updates

Full year 2023 earnings: EPS and revenues miss analyst expectations

Mentice AB (publ) to Report Fiscal Year 2023 Final Results on Apr 24, 2024

Price target decreased by 8.8% to kr55.33

Price target decreased by 12% to kr59.00

Mentice AB (publ) (STO:MNTC) Shares Slammed 27% But Getting In Cheap Might Be Difficult Regardless

Full year 2023 earnings: EPS and revenues miss analyst expectations

New minor risk - Market cap size

Capital Allocation Trends At Mentice (STO:MNTC) Aren't Ideal

New minor risk - Share price stability

Mentice Receives FDA 510(K) Clearance for Ankyras

Mentice AB (publ)'s (STO:MNTC) Shares Climb 29% But Its Business Is Yet to Catch Up

Is There An Opportunity With Mentice AB (publ)'s (STO:MNTC) 45% Undervaluation?

Mentice AB (publ) (OM:MNTC) agreed to acquire All substantial assets of Biomodex from SIMARATO SAS for €0.2 million.

Director recently bought kr796k worth of stock

Mentice (publ) Appoints Ulrika Drotz Voksepp as New Chief Financial Officer, Effective January 2, 2024

Mentice AB (Publ) Announces Board Appointments

Third quarter 2023 earnings released

Mentice AB (publ), Annual General Meeting, May 23, 2024

Mentice AB (publ) to Report First Half, 2024 Results on Jul 23, 2024

Mentice (STO:MNTC) Will Be Hoping To Turn Its Returns On Capital Around

Mentice AB (Publ) Appoints of Jonatan Sjöström to Its Executive Management Group as Chief Operating Officer, Effective from September 14, 2023

New minor risk - Market cap size

Mentice AB (publ) Announces Chief Financial Officer Changes

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Now 21% undervalued after recent price drop

Insufficient new directors

Mentice AB (publ) Announces Resignation of Gunilla Andersson as Chief Financial Officer

Full year 2022 earnings: EPS and revenues miss analyst expectations

Now 28% undervalued

Full year 2022 earnings: EPS and revenues miss analyst expectations

Is There An Opportunity With Mentice AB (publ)'s (STO:MNTC) 42% Undervaluation?

Insider recently bought kr210k worth of stock

Price target decreased to kr79.75

Price target decreased to kr79.75

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Mentice AB (publ) to Report First Half, 2023 Results on Jul 20, 2023

Mentice AB (publ), Annual General Meeting, May 11, 2023

Price target decreased to kr115

Mentice AB (publ) to Report Q4, 2022 Results on Feb 09, 2023

Mentice AB (publ) (OM:MNTC) completed the acquisition of All assets of the Ankyras software suite from Galgo Medical SL.

Mentice AB (publ) (STO:MNTC) Shares Could Be 44% Below Their Intrinsic Value Estimate

Mentice AB (publ) (OM:MNTC) agreed to acquire All assets of the Ankyras software suite from Galgo Medical SL for €2.775 million.

Mentice AB (publ) Announces Change of Chairman of Board, Effective December 30, 2022

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

High number of new directors

Why Mentice AB (publ) (STO:MNTC) Could Be Worth Watching

High number of new directors

Mentice Appoints Jan Grund Pedersen as New Vice President of Strategic Alliances & Business Development

Mentice AB (publ) to Report Fiscal Year 2021 Results on Apr 06, 2022

Price target decreased to kr128

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Mentice AB (publ)'s (STO:MNTC) Intrinsic Value Is Potentially 59% Above Its Share Price

Is Mentice AB (publ) (STO:MNTC) Potentially Undervalued?

Third quarter 2021 earnings released: kr0.29 loss per share (vs kr0.014 loss in 3Q 2020)

Does This Valuation Of Mentice AB (publ) (STO:MNTC) Imply Investors Are Overpaying?

Less than half of directors are independent

Less than half of directors are independent

Chief Financial Officer Elisabet Lund has left the company

Less than half of directors are independent

Companies Like Mentice (STO:MNTC) Can Afford To Invest In Growth

Second quarter 2021 earnings released: kr0.22 loss per share (vs kr0.46 loss in 2Q 2020)

Price target increased to kr116

We're Not Very Worried About Mentice's (STO:MNTC) Cash Burn Rate

First quarter 2021 earnings released: kr0.50 loss per share (vs kr0.21 loss in 1Q 2020)

Calculating The Intrinsic Value Of Mentice AB (publ) (STO:MNTC)

Could The Mentice AB (publ) (STO:MNTC) Ownership Structure Tell Us Something Useful?

New 90-day high: kr90.70

Full year 2020 earnings released: kr0.54 loss per share (vs kr1.05 loss in FY 2019)

Earnings beat expectations, revenue disappoints