Modern Times Group MTG AB

OM:MTG B Stock Report

Market Cap: SEK 11.2b

Modern Times Group MTG Management

Management criteria checks 2/4

Modern Times Group MTG's CEO is Maria Redin, appointed in Sep 2020, has a tenure of 4.25 years. total yearly compensation is SEK22.14M, comprised of 32.3% salary and 67.7% bonuses, including company stock and options. directly owns 0.044% of the company’s shares, worth SEK4.89M. The average tenure of the management team and the board of directors is 3.3 years and 3.6 years respectively.

Key information

Maria Redin

Chief executive officer

SEK 22.1m

Total compensation

CEO salary percentage32.3%
CEO tenure4.3yrs
CEO ownership0.04%
Management average tenure3.3yrs
Board average tenure3.6yrs

Recent management updates

Recent updates

Here's Why Modern Times Group MTG (STO:MTG B) Can Manage Its Debt Responsibly

Jan 24
Here's Why Modern Times Group MTG (STO:MTG B) Can Manage Its Debt Responsibly

Why Modern Times Group MTG AB (publ) (STO:MTG B) Could Be Worth Watching

Jan 06
Why Modern Times Group MTG AB (publ) (STO:MTG B) Could Be Worth Watching

We Think Modern Times Group MTG's (STO:MTG B) Healthy Earnings Might Be Conservative

Nov 03
We Think Modern Times Group MTG's (STO:MTG B) Healthy Earnings Might Be Conservative

Modern Times Group MTG (STO:MTG B) Has A Pretty Healthy Balance Sheet

Jul 23
Modern Times Group MTG (STO:MTG B) Has A Pretty Healthy Balance Sheet

Is Modern Times Group Mtg (STO:MTG B) A Risky Investment?

Feb 28
Is Modern Times Group Mtg (STO:MTG B) A Risky Investment?

What Does The Future Hold For Modern Times Group Mtg AB (STO:MTG B)? These Analysts Have Been Cutting Their Estimates

Feb 07
What Does The Future Hold For Modern Times Group Mtg AB (STO:MTG B)? These Analysts Have Been Cutting Their Estimates

An Intrinsic Calculation For Modern Times Group Mtg AB (STO:MTG B) Suggests It's 30% Undervalued

Jan 25
An Intrinsic Calculation For Modern Times Group Mtg AB (STO:MTG B) Suggests It's 30% Undervalued

Is Modern Times Group Mtg AB (STO:MTG B) Trading At A 41% Discount?

Oct 15
Is Modern Times Group Mtg AB (STO:MTG B) Trading At A 41% Discount?

Should You Investigate Modern Times Group Mtg AB (STO:MTG B) At kr111?

Sep 18
Should You Investigate Modern Times Group Mtg AB (STO:MTG B) At kr111?

These 4 Measures Indicate That Modern Times Group Mtg (STO:MTG B) Is Using Debt Reasonably Well

Aug 19
These 4 Measures Indicate That Modern Times Group Mtg (STO:MTG B) Is Using Debt Reasonably Well

Estimating The Intrinsic Value Of Modern Times Group Mtg AB (STO:MTG B)

Jun 24
Estimating The Intrinsic Value Of Modern Times Group Mtg AB (STO:MTG B)

Should You Investigate Modern Times Group Mtg AB (STO:MTG B) At kr115?

May 06
Should You Investigate Modern Times Group Mtg AB (STO:MTG B) At kr115?

CEO Compensation Analysis

How has Maria Redin's remuneration changed compared to Modern Times Group MTG's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-SEK 79m

Jun 30 2024n/an/a

-SEK 60m

Mar 31 2024n/an/a

SEK 109m

Dec 31 2023SEK 22mSEK 7m

SEK 164m

Sep 30 2023n/an/a

SEK 6m

Jun 30 2023n/an/a

SEK 197m

Mar 31 2023n/an/a

SEK 491m

Dec 31 2022SEK 21mSEK 7m

SEK 356m

Sep 30 2022n/an/a

SEK 382m

Jun 30 2022n/an/a

-SEK 2m

Mar 31 2022n/an/a

-SEK 289m

Dec 31 2021SEK 13mSEK 6m

-SEK 193m

Sep 30 2021n/an/a

SEK 116m

Jun 30 2021n/an/a

SEK 49m

Mar 31 2021n/an/a

-SEK 83m

Dec 31 2020SEK 4mSEK 2m

-SEK 228m

Compensation vs Market: Maria's total compensation ($USD2.00M) is above average for companies of similar size in the Swedish market ($USD734.58K).

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

CEO

Maria Redin (46 yo)

4.3yrs

Tenure

SEK 22,139,000

Compensation

Ms. Maria Redin serves as Independent Director at Kinnevik AB from June 2024. She serves as Director of Hemnet Group AB (publ) since April 29, 2022. She has been Group President and Chief Executive Officer...

Leadership Team

NamePositionTenureCompensationOwnership
Maria Redin
Group President4.3yrsSEK 22.14m0.044%
SEK 4.9m
Simon Hahn
Group General Counsel1.6yrsno datano data
Christian Pern
Chief Marketing Officer2.7yrsno datano data
Melanie Calu
Director of People & Culture1.9yrsno datano data
Bartek Gudowski
Chief Technology Officer of Viasat Broadcasting12.1yrsno datano data
Arnd Benninghoff
Executive Vice President of Gaming5.9yrsno data0.0086%
SEK 958.8k
Tobias Gyhlénius
Head of Public Relationsno datano datano data
Stephen Harris
Co-Founder & CCO of Ninja Kiwi2.1yrsno datano data
Oliver Bulloss
Deputy Interim Co-CEO of Hutch & Chief Product Officerless than a yearno datano data
Anders Jensen
President & CEO of NENT Group6.8yrsno datano data
Hendrik Klindworth
CEO & Founder of InnoGamesno datano datano data
Shaun Ruthland
Co-Founder & Co-CEO of Hutch3.9yrsno datano data

3.3yrs

Average Tenure

52yo

Average Age

Experienced Management: MTG B's management team is considered experienced (3.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Liia Nou
Independent Non-Executive Director1.6yrsSEK 935.00k0.0014%
SEK 152.2k
Simon Duffy
Independent Non-Executive Chairman16.6yrsSEK 1.80m0.014%
SEK 1.5m
Gerhard Florin
Independent Non-Executive Director6.6yrsSEK 840.00k0.0074%
SEK 831.3k
Florian Schuhbauer
Non-Executive Director2.5yrsSEK 830.00k0.0017%
SEK 189.1k
Susanne Maas
Non-Executive Director1.6yrsSEK 770.00kno data
Lim Kin Leung
Independent Non-Executive Director3.6yrsSEK 830.00kno data
Christopher Carvalho
Independent Non-Executive Director4.6yrsSEK 830.00k0.0041%
SEK 462.1k

3.6yrs

Average Tenure

59yo

Average Age

Experienced Board: MTG B's board of directors are considered experienced (3.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 02:12
End of Day Share Price 2024/12/23 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

Modern Times Group MTG AB is covered by 27 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Véronique Cabioc'h Le BrunAlphaValue
JULIEN ROCHBarclays
Natasha BrilliantBarclays