Thomas Eriksson - Neonode CEO

NEON Stock  USD 1.63  0.26  18.98%   

CEO

Mr. Thomas Eriksson is redesignated as Director of the Company effective December 31, 2017. He is currently serves as President, Chief Executive Officer, Director of Neonode Inc. He is Chief Executive Officer of Neonode Technologies AB, subsidiary of the Company. Mr. Eriksson was one of the founders of the Company in 2001 and he served as the Chief Technical Officer of the Company from February 2006 to December 31, 2008 since 2017.
Age 54
Tenure 7 years
Address Karlavägen 100, Stockholm, Sweden, 115 26
Phone46 70 29 58 519
Webhttps://www.neonode.com
Eriksson has founded several companies with products ranging from car electronics test systems and tools to GSM/GPRS/GPSbased fleet management systems including M2M applications and wireless modems.

Neonode Management Efficiency

The company has return on total asset (ROA) of (0.334) % which means that it has lost $0.334 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.5535) %, meaning that it created substantial loss on money invested by shareholders. Neonode's management efficiency ratios could be used to measure how well Neonode manages its routine affairs as well as how well it operates its assets and liabilities. As of the 19th of April 2024, Return On Tangible Assets is likely to drop to -0.56. In addition to that, Return On Capital Employed is likely to grow to -0.59. As of the 19th of April 2024, Total Current Assets is likely to grow to about 19.6 M, while Total Assets are likely to drop about 11.8 M.
The company currently holds 106 K in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest the company is not taking enough advantage from borrowing. Neonode has a current ratio of 8.6, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Neonode until it has trouble settling it off, either with new capital or with free cash flow. So, Neonode's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Neonode sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Neonode to invest in growth at high rates of return. When we think about Neonode's use of debt, we should always consider it together with cash and equity.

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Neonode Inc., together with its subsidiaries, develops optical sensing solutions for contactless touch, touch, and gesture sensing in the United States, Japan, South Korea, China, and internationally. Neonode Inc. was incorporated in 1997 and is headquartered in Stockholm, Sweden. Neonode is traded on NASDAQ Exchange in the United States. Neonode (NEON) is traded on NASDAQ Exchange in USA. It is located in Karlavägen 100, Stockholm, Sweden, 115 26 and employs 49 people. Neonode is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification.

Management Performance

Neonode Leadership Team

Elected by the shareholders, the Neonode's board of directors comprises two types of representatives: Neonode inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Neonode. The board's role is to monitor Neonode's management team and ensure that shareholders' interests are well served. Neonode's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Neonode's outside directors are responsible for providing unbiased perspectives on the board's policies.
John Reardon, Independent Director
Andreas Bunge, Director
Maria Ek, CFO, Vice President - Finance, Treasurer, Secretary
Johan Swartz, Vice Sales
Thierry Corman, VP Operations
Per Bystedt, Executive Chairman and Chairman of Neonode Technologies AB
Mats Dahlin, Independent Director
Anthony Uhrick, VP AMER
David Brunton, Vice Relations
Per Eriksson, Independent Director
Urban Forssell, CEO President
Helena Borjesson, Vice Culture
Hakan Persson, CEO
Per Lofgren, Independent Director
Thomas Eriksson, Co-Founder, CEO and President Director and CEO of Neonode Technologies AB
Fredrik Nihlen, Treasurer CFO
Lars Lindqvist, CFO, VP of Fin., Treasurer and Secretary
Peter Lindell, Independent Director
CarlOlof Nydn, Acting Operations
Ulf Rosberg, Director
Jonas Waern, VP EMEA
Asa Hedin, Independent Director
Mattias Bergman, Independent Director

Neonode Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Neonode a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Neonode offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Neonode's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Neonode Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Neonode Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neonode. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Neonode Stock, please use our How to Invest in Neonode guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.

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Is Neonode's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Neonode. If investors know Neonode will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Neonode listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.66)
Revenue Per Share
0.29
Quarterly Revenue Growth
(0.47)
Return On Assets
(0.33)
Return On Equity
(0.55)
The market value of Neonode is measured differently than its book value, which is the value of Neonode that is recorded on the company's balance sheet. Investors also form their own opinion of Neonode's value that differs from its market value or its book value, called intrinsic value, which is Neonode's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Neonode's market value can be influenced by many factors that don't directly affect Neonode's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Neonode's value and its price as these two are different measures arrived at by different means. Investors typically determine if Neonode is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neonode's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.