Precise Biometrics Management
Management criteria checks 0/4
Precise Biometrics' CEO is Joakim Nydemark, appointed in Aug 2023, has a tenure of 1.33 years. total yearly compensation is SEK3.34M, comprised of 31% salary and 69% bonuses, including company stock and options. directly owns 0.03% of the company’s shares, worth SEK114.08K. The average tenure of the management team and the board of directors is 1.1 years and 2.9 years respectively.
Key information
Joakim Nydemark
Chief executive officer
SEK 3.3m
Total compensation
| CEO salary percentage | 31.0% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.03% |
| Management average tenure | 1.1yrs |
| Board average tenure | 2.9yrs |
Recent management updates
Recent updates
We Think Precise Biometrics (STO:PREC) Can Easily Afford To Drive Business Growth
Jul 31
Precise Biometrics (STO:PREC) Has Debt But No Earnings; Should You Worry?
Apr 04Estimating The Fair Value Of Precise Biometrics AB (publ) (STO:PREC)
Nov 02Is It Time To Consider Buying Precise Biometrics AB (publ) (STO:PREC)?
Aug 30Should You Think About Buying Precise Biometrics AB (publ) (STO:PREC) Now?
Feb 24We're Not Very Worried About Precise Biometrics' (STO:PREC) Cash Burn Rate
Dec 01Precise Biometrics' (STO:PREC) Shareholders Are Down 76% On Their Shares
Feb 15Is Precise Biometrics AB (publ) (STO:PREC) Potentially Undervalued?
Jan 25Will The ROCE Trend At Precise Biometrics (STO:PREC) Continue?
Dec 29
Is Precise Biometrics AB (publ)'s (STO:PREC) Recent Price Movement Underpinned By Its Weak Fundamentals?
Dec 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -SEK 12m |
| Jun 30 2024 | n/a | n/a | -SEK 21m |
| Mar 31 2024 | n/a | n/a | -SEK 22m |
| Dec 31 2023 | SEK 3m | SEK 1m | -SEK 26m |
Compensation vs Market: Joakim's total compensation ($USD302.72K) is above average for companies of similar size in the Swedish market ($USD232.20K).
Compensation vs Earnings: Insufficient data to compare Joakim's compensation with company performance.
CEO
Joakim Nydemark (53 yo)
1.3yrs
Tenure
SEK 3,338,000
Compensation
Mr. Joakim Nydemark served as Executive Vice President & CCO of Algo at Precise Biometrics AB (publ) since June 01, 2023 until August 28, 2023 and serves as its Chief Executive Officer since August 28, 202...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 1.3yrs | SEK 3.34m | 0.030% SEK 114.1k | |
| Chief Financial Officer | less than a year | no data | no data | |
| Director of Investors Relations & Communications | no data | no data | no data | |
| Chief Marketing Officer | 1.2yrs | no data | 0.032% SEK 122.3k | |
| Chief Commercial Officer of Digital Identity | 1.1yrs | no data | no data | |
| CCO - Biometric Technologies | less than a year | no data | no data |
1.1yrs
Average Tenure
51.5yo
Average Age
Experienced Management: PREC's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 2.9yrs | SEK 219.00k | 0.032% SEK 122.3k | |
| Independent Chairman of the Board | 11.7yrs | SEK 615.00k | 0.15% SEK 571.1k | |
| Independent Director | 1.6yrs | SEK 180.00k | 0.090% SEK 342.3k | |
| Director | less than a year | no data | no data | |
| Independent Director | 5.6yrs | SEK 215.00k | 0.037% SEK 139.1k |
2.9yrs
Average Tenure
58yo
Average Age
Experienced Board: PREC's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 18:45 |
| End of Day Share Price | 2024/12/20 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 |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Precise Biometrics 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 |
|---|---|
| Fredrik Steinslien | Pareto Securities |
| Martin Wahlstrom | Redeye |