Westpay Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Sten Karlsson

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	13.8yrs
CEO ownership	n/a
Management average tenure	2.8yrs
Board average tenure	7.3yrs

Recent management updates

Recent updates

When Can We Expect A Profit From Westpay AB (STO:WPAY)?

Feb 23

CEO

Sten Karlsson (60 yo)

13.8yrs

Tenure

Mr. Sten Henric Karlsson has been the Chief Executive Officer of Westpay AB (formerly known as West International AB). since June 2010. Mr. Karlsson co-founded Real Venture Group and serves as its Chief Ex...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sten Karlsson	Chief Executive Officer	13.8yrs	no data	no data
Pernilla Ullsten	Chief Financial Officer	1.7yrs	no data	no data
Pontus Bohlin	Chief Operating Officer	4yrs	no data	no data
Tomas Nilsson	Chief Technology Officer	no data	no data	no data
Jeanette Svedjeholm	Chief Sales Officer	1.1yrs	no data	no data
Peter Eklund	Head of Retail Sales	no data	no data	no data

2.8yrs

Average Tenure

Experienced Management: WPAY's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Per Jorgen Nordlund	Independent Director	10.3yrs	no data	no data
Gun Detlefsen	Independent Chairman of the Board	8.3yrs	no data	no data
Malte Roggentin	Independent Director	29.3yrs	no data	no data
Jan Lundblad	Independent Director	6.3yrs	no data	no data
Per-Anders Warn	Independent Director	4.3yrs	no data	no data
Annika Fagerlund	Independent Director	3.3yrs	no data	no data

7.3yrs

Average Tenure

69yo

Average Age

Experienced Board: WPAY's board of directors are considered experienced (7.3 years average tenure).

Westpay Management

Management criteria checks 2/4

Key information

Recent management updates

Westpay AB, Annual General Meeting, May 07, 2024

Less than half of directors are independent

Westpay AB, Annual General Meeting, May 04, 2023

Westpay AB Appoints Pernilla Ullsten as New Chief Financial Officer, Effective August 22, 2022

Less than half of directors are independent

Chairman of the Board recently bought kr344k worth of stock

Recent updates

Westpay AB, Annual General Meeting, May 07, 2024

Full year 2023 earnings released: kr0.41 loss per share (vs kr0.22 loss in FY 2022)

New major risk - Shareholder dilution

Third quarter 2023 earnings released: kr0.12 loss per share (vs kr0.051 loss in 3Q 2022)

New major risk - Revenue and earnings growth

New minor risk - Share price stability

Second quarter 2023 earnings released: kr0.15 loss per share (vs kr0.053 loss in 2Q 2022)

Forecast breakeven date pushed back to 2025

First quarter 2023 earnings released: kr0.13 loss per share (vs kr0.053 loss in 1Q 2022)

Full year 2022 earnings released: kr0.22 loss per share (vs kr0.55 loss in FY 2021)

Westpay AB to Report Fiscal Year 2022 Results on Apr 13, 2023

Forecast to breakeven in 2024

Less than half of directors are independent

Third quarter 2022 earnings released: kr0.05 loss per share (vs kr0.052 loss in 3Q 2021)

Westpay AB, Annual General Meeting, May 04, 2023

Price target increased to kr2.70

Second quarter 2022 earnings released: kr0.05 loss per share (vs kr0.12 loss in 2Q 2021)

Westpay AB Appoints Pernilla Ullsten as New Chief Financial Officer, Effective August 22, 2022

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased to kr2.80

Less than half of directors are independent

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates increase to -kr0.30

No longer forecast to breakeven

Chairman of the Board recently bought kr344k worth of stock

Third quarter 2021 earnings released: kr0.052 loss per share (vs kr0.013 profit in 3Q 2020)

Second quarter 2021 earnings released: kr0.12 loss per share (vs kr0.09 loss in 2Q 2020)

No longer forecast to breakeven

Consensus EPS estimates fall to -kr0.40

First quarter 2021 earnings released: kr0.09 loss per share (vs kr0.15 loss in 1Q 2020)

Consensus revenue estimates fall to kr55.0m

Panini Chooses Westpay as Provider of Payment Solutions

When Can We Expect A Profit From Westpay AB (STO:WPAY)?

Full year 2020 earnings released: kr0.41 loss per share (vs kr0.70 loss in FY 2019)

Revenue and earnings miss expectations

Westpay AB to Report Q3, 2021 Results on Oct 28, 2021

Westpay AB Announces Continued Business Expansion in Norway, Agreement with New POS Partner

New 90-day high: kr2.86

Westpay AB Signs Agreement with New POS Partner

Westpay Sign Agreement with Sharp Business Systems Sverige AB

New 90-day high: kr2.22

Belab Contracts Westpay AB for the Supply of a New Payment Solution to All its Stores

Westpay AB Sign Agreement with Nutid

Chairman of the Board recently bought kr200k worth of stock

Analysts increase revenue estimates to kr53.0m

Third quarter earnings released

Bedege and Westpay Sign Agreement

Westpay Expands Its Business Model to Reach More Customers

New 90-day low: kr1.78

New 90-day low - kr1.80

Earnings released

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age