Promimic Management

Management criteria checks 2/4

Promimic's CEO is Magnus Larsson, appointed in Jan 2017, has a tenure of 7.92 years. directly owns 0.64% of the company’s shares, worth SEK2.73M. The average tenure of the management team and the board of directors is 5.9 years and 3.9 years respectively.

Key information

Magnus Larsson

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure7.9yrs
CEO ownership0.6%
Management average tenure5.9yrs
Board average tenure3.9yrs

Recent management updates

Recent updates

We're Not Very Worried About Promimic's (STO:PRO) Cash Burn Rate

Oct 24
We're Not Very Worried About Promimic's (STO:PRO) Cash Burn Rate

Here's Why We're Not Too Worried About Promimic's (STO:PRO) Cash Burn Situation

Oct 31
Here's Why We're Not Too Worried About Promimic's (STO:PRO) Cash Burn Situation

We're Hopeful That Promimic (STO:PRO) Will Use Its Cash Wisely

Apr 27
We're Hopeful That Promimic (STO:PRO) Will Use Its Cash Wisely

CEO Compensation Analysis

How has Magnus Larsson's remuneration changed compared to Promimic's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-SEK 11m

Jun 30 2024n/an/a

-SEK 10m

Mar 31 2024n/an/a

-SEK 9m

Dec 31 2023n/an/a

-SEK 9m

Sep 30 2023n/an/a

-SEK 9m

Jun 30 2023n/an/a

-SEK 11m

Mar 31 2023n/an/a

-SEK 14m

Dec 31 2022n/an/a

-SEK 16m

Sep 30 2022n/an/a

-SEK 17m

Dec 31 2021SEK 2mSEK 2m

-SEK 15m

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

Compensation vs Earnings: Insufficient data to compare Magnus's compensation with company performance.


CEO

Magnus Larsson (61 yo)

7.9yrs

Tenure

SEK 1,925,244

Compensation

Mr. Magnus Larsson has been the Chief Executive Officer at Promimic AB (publ) since January 2017. Mr. Larsson served as Director of Global Market Development at Dentsply Sirona Implants, Mölndal, Sweden. M...


Leadership Team

NamePositionTenureCompensationOwnership
Magnus Larsson
Chief Executive Officer7.9yrsSEK 1.93m0.64%
SEK 2.7m
Ulf Brogren
Chief Commercial Officer5.9yrsSEK 1.18m0.078%
SEK 332.9k
Heidi Bader
Chief Financial Officer1.2yrsno data0.018%
SEK 76.8k
Per Kjellin
Chief Technology Officer18.9yrsno data1.99%
SEK 8.5m
Christopher Whitfield
President of Promimic Inc3.9yrsno data0.074%
SEK 313.0k

5.9yrs

Average Tenure

52yo

Average Age

Experienced Management: PRO's management team is seasoned and experienced (5.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Tommy Karlsson
Independent Chairman of the Board6.9yrsSEK 350.00k0.46%
SEK 1.9m
Hakan Krook
Independent Director7.9yrsno datano data
Helena Brisby
Independent Director3.9yrsSEK 150.00k0.010%
SEK 42.8k
Johan Dighed
Director3.9yrsno datano data
Johan Holmstrom
Independent Directorless than a yearno datano data
Pehr Abrahamsson
Independent Director3.9yrsSEK 150.00k0.010%
SEK 42.8k

3.9yrs

Average Tenure

57.5yo

Average Age

Experienced Board: PRO's board of directors are considered experienced (3.9 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 09:51
End of Day Share Price 2024/12/27 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

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Industry and Sector Metrics

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Analyst Sources

Promimic AB (publ) is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution