Midsummer AB (publ)

OM:MIDS Stock Report

Market Cap: SEK 311.2m

Midsummer Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Eric Jaremalm

Chief executive officer

SEK 2.6m

Total compensation

CEO salary percentage76.4%
CEO tenureless than a year
CEO ownership0.4%
Management average tenureno data
Board average tenure2.4yrs

Recent management updates

Recent updates

Is Midsummer (STO:MIDS) A Risky Investment?

Sep 04
Is Midsummer (STO:MIDS) A Risky Investment?

Would Midsummer (STO:MIDS) Be Better Off With Less Debt?

Aug 24
Would Midsummer (STO:MIDS) Be Better Off With Less Debt?

Does Midsummer (STO:MIDS) Have A Healthy Balance Sheet?

May 10
Does Midsummer (STO:MIDS) Have A Healthy Balance Sheet?

Is Midsummer (STO:MIDS) A Risky Investment?

Dec 07
Is Midsummer (STO:MIDS) A Risky Investment?

Is Midsummer (STO:MIDS) Using Debt In A Risky Way?

Mar 10
Is Midsummer (STO:MIDS) Using Debt In A Risky Way?

Midsummer's(STO:MIDS) Share Price Is Down 51% Over The Past Year.

Jan 16
Midsummer's(STO:MIDS) Share Price Is Down 51% Over The Past Year.

Here's Why Midsummer (STO:MIDS) Can Afford Some Debt

Nov 24
Here's Why Midsummer (STO:MIDS) Can Afford Some Debt

CEO Compensation Analysis

How has Eric Jaremalm's remuneration changed compared to Midsummer's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-SEK 172m

Jun 30 2024n/an/a

-SEK 221m

Mar 31 2024n/an/a

-SEK 204m

Dec 31 2023SEK 3mSEK 2m

-SEK 222m

Sep 30 2023n/an/a

-SEK 192m

Jun 30 2023n/an/a

-SEK 179m

Mar 31 2023n/an/a

-SEK 175m

Dec 31 2022SEK 2mSEK 2m

-SEK 88m

Sep 30 2022n/an/a

-SEK 94m

Jun 30 2022n/an/a

-SEK 67m

Mar 31 2022n/an/a

-SEK 52m

Dec 31 2021SEK 2mSEK 2m

-SEK 130m

Sep 30 2021n/an/a

-SEK 122m

Jun 30 2021n/an/a

-SEK 140m

Mar 31 2021n/an/a

-SEK 120m

Dec 31 2020SEK 2mSEK 2m

-SEK 92m

Sep 30 2020n/an/a

-SEK 75m

Jun 30 2020n/an/a

-SEK 63m

Mar 31 2020n/an/a

-SEK 47m

Dec 31 2019SEK 2mSEK 1m

-SEK 40m

Sep 30 2019n/an/a

-SEK 15m

Jun 30 2019n/an/a

SEK 22m

Mar 31 2019n/an/a

SEK 34m

Dec 31 2018SEK 1mSEK 1m

SEK 37m

Dec 31 2017SEK 1mSEK 981k

SEK 23m

Compensation vs Market: Eric's total compensation ($USD232.31K) is about average for companies of similar size in the Swedish market ($USD231.71K).

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

CEO

Eric Jaremalm (50 yo)

less than a year

Tenure

SEK 2,564,000

Compensation

Mr. Eric Jaremalm serves as Chief Executive Officer of Midsummer AB (publ) since February 01, 2024. He is Co-Founder of Midsummer AB (publ) and served as its Deputy Chief Executive Officer since September...

Board Members

NamePositionTenureCompensationOwnership
Sven Lindström
Co-Founder20.9yrsSEK 3.69m0.19%
SEK 596.6k
Jan Lombach
Independent Director18.9yrsSEK 271.00k4.07%
SEK 12.7m
Lars-Ola Lundkvist
Independent Director2.9yrsSEK 271.00k0.0073%
SEK 22.8k
Robert Sjöström
Chairman of the Board1.9yrsSEK 233.00k0.20%
SEK 624.8k
Mikael Nicander
Director1.9yrsSEK 146.00kno data
Philip Gao
Independent Director9.9yrsno data3.01%
SEK 9.4m
Hans Waldaeus
Directorless than a yearno datano data
Christel Prinsen
Director1.9yrsSEK 146.00k0.39%
SEK 1.2m

2.4yrs

Average Tenure

58yo

Average Age

Experienced Board: MIDS's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 13:40
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

Midsummer AB (publ) is covered by 1 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
Orjan RodenPenser Access