Fragbite Group Management
Management criteria checks 3/4
Fragbite Group's CEO is Stefan Tengvall, appointed in May 2024, has a tenure of less than a year. directly owns 0.1% of the company’s shares, worth SEK39.95K. The average tenure of the management team and the board of directors is 2.7 years and 2.7 years respectively.
Key information
Stefan Tengvall
Chief executive officer
SEK 225.0k
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | less than a year |
| CEO ownership | 0.1% |
| Management average tenure | 2.7yrs |
| Board average tenure | 2.7yrs |
Recent management updates
Recent updates
Positive Sentiment Still Eludes Fragbite Group AB (publ) (STO:FRAG) Following 26% Share Price Slump
Jan 10
Investors Give Fragbite Group AB (publ) (STO:FRAG) Shares A 31% Hiding
Nov 21Fragbite Group AB (publ) (STO:FRAG) Soars 62% But It's A Story Of Risk Vs Reward
Oct 07Fragbite Group AB (publ) (STO:FRAG) Stock's 62% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Aug 14Market Cool On Fragbite Group AB (publ)'s (STO:FRAG) Revenues Pushing Shares 28% Lower
Apr 19Is Fragbite Group (STO:FRAG) Using Debt In A Risky Way?
Apr 13The Market Lifts Fragbite Group AB (publ) (STO:FRAG) Shares 29% But It Can Do More
Dec 08Bearish: This Analyst Is Revising Their Fragbite Group AB (publ) (STO:FRAG) Revenue and EPS Prognostications
Aug 23This Analyst Just Downgraded Their Fragbite Group AB (publ) (STO:FRAG) EPS Forecasts
Mar 02Estimating The Intrinsic Value Of Fragbite Group AB (publ) (STO:FRAG)
Nov 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -SEK 67m |
| Jun 30 2024 | n/a | n/a | -SEK 64m |
| Mar 31 2024 | n/a | n/a | -SEK 88m |
| Dec 31 2023 | SEK 225k | n/a | -SEK 53m |
| Sep 30 2023 | n/a | n/a | -SEK 99m |
| Jun 30 2023 | n/a | n/a | -SEK 103m |
| Mar 31 2023 | n/a | n/a | -SEK 107m |
| Dec 31 2022 | SEK 812k | SEK 265k | -SEK 103m |
| Sep 30 2022 | n/a | n/a | -SEK 90m |
| Jun 30 2022 | n/a | n/a | -SEK 78m |
| Mar 31 2022 | n/a | n/a | -SEK 65m |
| Dec 31 2021 | SEK 409k | SEK 409k | -SEK 50m |
Compensation vs Market: Stefan's total compensation ($USD20.04K) is below average for companies of similar size in the Swedish market ($USD229.87K).
Compensation vs Earnings: Stefan's compensation has been consistent with company performance over the past year.
CEO
Stefan Tengvall (48 yo)
less than a year
Tenure
SEK 225,000
Compensation
Mr. Stefan Tengvall has been Interim CEO and Independent Director of Fragbite Group AB since May 23, 2024 and served as its Chairman of the Board since May 25, 2022 until May 23, 2024. He was President & C...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim CEO & Independent Director | less than a year | SEK 225.00k | 0.10% SEK 40.0k | |
| CFO & Head of Financial Control | less than a year | no data | no data | |
| Interim Group Chief Accountant | 3.3yrs | no data | no data | |
| Chief Communication Officer | 2.2yrs | no data | no data | |
| Head of Studio | 10yrs | no data | no data | |
| Chief Executive Officer of Funrock & Prey Studios | 9yrs | no data | 0.00087% SEK 342.3 | |
| Chief Executive Officer of Fragbite AB | 7yrs | no data | 0.037% SEK 14.5k | |
| Chief Executive Officer of Playdigious | 2yrs | no data | no data | |
| CEO of Fall Damage Studio AB | no data | no data | no data |
2.7yrs
Average Tenure
42yo
Average Age
Experienced Management: FRAG's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim CEO & Independent Director | 2.7yrs | SEK 225.00k | 0.10% SEK 40.0k | |
| Independent Chairman | 4yrs | SEK 150.00k | 0.20% SEK 80.6k | |
| Independent Director | 5yrs | SEK 113.00k | 0.00044% SEK 173.1 | |
| Independent Director | 1.7yrs | SEK 75.00k | no data | |
| Independent Director | 2.7yrs | SEK 113.00k | no data |
2.7yrs
Average Tenure
56yo
Average Age
Experienced Board: FRAG's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 20:36 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
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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
Fragbite Group AB (publ) is covered by 2 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.
| Analyst | Institution |
|---|---|
| Viktor Lindström | Redeye |
| Martin Wahlstrom | Redeye |