RaySearch Laboratories AB (publ)

OM:RAY B Stock Report

Market Cap: SEK 7.0b

RaySearch Laboratories Management

Management criteria checks 3/4

RaySearch Laboratories' CEO is Johan Lof, appointed in Jan 2000, has a tenure of 24.92 years. total yearly compensation is SEK9.76M, comprised of 66.2% salary and 33.8% bonuses, including company stock and options. directly owns 16.08% of the company’s shares, worth SEK1.12B. The average tenure of the management team and the board of directors is 6.2 years and 21.3 years respectively.

Key information

Johan Lof

Chief executive officer

SEK 9.8m

Total compensation

CEO salary percentage66.2%
CEO tenure24.9yrs
CEO ownership16.1%
Management average tenure6.2yrs
Board average tenure21.3yrs

Recent management updates

Recent updates

RaySearch Laboratories AB (publ)'s (STO:RAY B) Shares Climb 28% But Its Business Is Yet to Catch Up

Nov 09
RaySearch Laboratories AB (publ)'s (STO:RAY B) Shares Climb 28% But Its Business Is Yet to Catch Up

RaySearch Laboratories AB (publ) (STO:RAY B) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable

May 21
RaySearch Laboratories AB (publ) (STO:RAY B) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable

The Returns At RaySearch Laboratories (STO:RAY B) Aren't Growing

May 11
The Returns At RaySearch Laboratories (STO:RAY B) Aren't Growing

RaySearch Laboratories (STO:RAY B) Will Want To Turn Around Its Return Trends

Oct 04
RaySearch Laboratories (STO:RAY B) Will Want To Turn Around Its Return Trends

Does RaySearch Laboratories (STO:RAY B) Have A Healthy Balance Sheet?

Jul 10
Does RaySearch Laboratories (STO:RAY B) Have A Healthy Balance Sheet?

Is RaySearch Laboratories (STO:RAY B) Using Too Much Debt?

Nov 17
Is RaySearch Laboratories (STO:RAY B) Using Too Much Debt?

One Forecaster Is Now More Bearish On RaySearch Laboratories AB (publ) (STO:RAY B) Than They Used To Be

Mar 15
One Forecaster Is Now More Bearish On RaySearch Laboratories AB (publ) (STO:RAY B) Than They Used To Be

Is RaySearch Laboratories (STO:RAY B) A Risky Investment?

Feb 22
Is RaySearch Laboratories (STO:RAY B) A Risky Investment?

Is RaySearch Laboratories (STO:RAY B) Using Debt In A Risky Way?

Nov 04
Is RaySearch Laboratories (STO:RAY B) Using Debt In A Risky Way?

CEO Compensation Analysis

How has Johan Lof's remuneration changed compared to RaySearch Laboratories's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

SEK 175m

Jun 30 2024n/an/a

SEK 151m

Mar 31 2024n/an/a

SEK 101m

Dec 31 2023SEK 10mSEK 6m

SEK 82m

Sep 30 2023n/an/a

SEK 64m

Jun 30 2023n/an/a

SEK 53m

Mar 31 2023n/an/a

SEK 22m

Dec 31 2022SEK 7mSEK 6m

SEK 24m

Sep 30 2022n/an/a

-SEK 6m

Jun 30 2022n/an/a

-SEK 38m

Mar 31 2022n/an/a

-SEK 35m

Dec 31 2021SEK 7mSEK 6m

-SEK 47m

Sep 30 2021n/an/a

-SEK 46m

Jun 30 2021n/an/a

-SEK 50m

Mar 31 2021n/an/a

-SEK 42m

Dec 31 2020SEK 7mSEK 6m

-SEK 9m

Sep 30 2020n/an/a

SEK 24m

Jun 30 2020n/an/a

SEK 43m

Mar 31 2020n/an/a

SEK 74m

Dec 31 2019SEK 8mSEK 6m

SEK 50m

Sep 30 2019n/an/a

SEK 64m

Jun 30 2019n/an/a

SEK 85m

Mar 31 2019n/an/a

SEK 84m

Dec 31 2018SEK 8mSEK 5m

SEK 79m

Sep 30 2018n/an/a

SEK 118m

Jun 30 2018n/an/a

SEK 104m

Mar 31 2018n/an/a

SEK 103m

Dec 31 2017SEK 9mSEK 5m

SEK 118m

Compensation vs Market: Johan's total compensation ($USD884.94K) is about average for companies of similar size in the Swedish market ($USD734.58K).

Compensation vs Earnings: Johan's compensation has increased by more than 20% in the past year.

CEO

Johan Lof (55 yo)

24.9yrs

Tenure

SEK 9,758,000

Compensation

Dr. Johan Lof has been the Chief Executive Officer and President of Raysearch Laboratories AB (Publ) since 2000. Dr. Lof serves as the Chief Executive Officer of RaySearch Medical AB. Dr. Lof has been a Di...

Leadership Team

NamePositionTenureCompensationOwnership
Johan Lof
Founder24.9yrsSEK 9.76m16.08%
SEK 1.1b
Bjorn Hardemark
Deputy Chief Executive Officer9.3yrsSEK 3.54m0.018%
SEK 1.2m
Annika Henriksson
Acting Chief Financial Officer1.4yrsno datano data
Kjell Eriksson
Head of Research & Chief Science Officer9.3yrsno data0.047%
SEK 3.3m
Petra Jansson
General Counsel7.4yrsno datano data
Peter Kemlin
Director of Sales & Marketingno datano data0.0041%
SEK 285.3k
Tove Alteborg
Global Human Resource Manager1.4yrsno datano data
Fredrik Lofman
Head of Machine Learning4.9yrsno data0.0041%
SEK 285.3k
Marc Mlyn
President & CEO of RaySearch Americas2.9yrsno datano data

6.2yrs

Average Tenure

50.5yo

Average Age

Experienced Management: RAY B's management team is seasoned and experienced (6.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Johan Lof
Founder24.9yrsSEK 9.76m16.08%
SEK 1.1b
Hans Wigzell
Independent Chairman of Board20.6yrsSEK 840.00kno data
Carl Bergendal
Independent Director24.9yrsSEK 225.00k3.39%
SEK 236.9m
Radhe Mohan
Member of Scientific Advisory Board21.9yrsno datano data
Anders Forsgren
Member of Scientific Advisory Boardno datano datano data
Anders Brahme
Member of Scientific Advisory Boardno datano data3.76%
SEK 263.2m
David Jaffray
Member of Scientific Advisory Boardno datano datano data
Britta Wallgren
Independent Director6.6yrsSEK 300.00k0.020%
SEK 1.4m
Gunther Marder
Independent Director2.1yrsSEK 300.00k0.20%
SEK 14.3m

21.3yrs

Average Tenure

70yo

Average Age

Experienced Board: RAY B's board of directors are seasoned and experienced ( 21.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 13:03
End of Day Share Price 2024/12/20 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

RaySearch Laboratories AB (publ) is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kristofer Liljeberg-SvenssonCarnegie Investment Bank AB
Hans MählerDNB Markets
Hans MählerHandelsbanken Capital Markets