Petter Lade - Otello ASA Director, IR & Corporate Development

OPESF Stock  USD 0.65  0.00  0.00%   

Director

Mr. Petter Lade has served as Chief Financial Officer in Opera Software ASA since February 28, 2017. Mr. Lade comes from the position as Director, IR Corporationrationrate Development and has held several key roles within controlling, MA and IR since joining Opera in 2006. Petter Lade has served as Interim CFO since 1. January 2017 and holds a degree in Economics from BI Norwegian Business School. since 2017.
Tenure 7 years
Phone47 91 90 91 45
Webhttps://www.otellocorp.com

Otello ASA Management Efficiency

The company has return on total asset (ROA) of (0.0112) % which means that it has lost $0.0112 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1172) %, meaning that it generated substantial loss on money invested by shareholders. Otello ASA's management efficiency ratios could be used to measure how well Otello ASA manages its routine affairs as well as how well it operates its assets and liabilities.
Otello ASA has accumulated 200 K in total debt. Otello ASA has a current ratio of 99.68, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Otello ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Otello ASA'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 Otello ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Otello to invest in growth at high rates of return. When we think about Otello ASA's use of debt, we should always consider it together with cash and equity.

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Otello Corporation ASA provides cloud-based network solutions for mobile operators. Otello Corporation ASA was founded in 1995 and is based in Oslo, Norway. Otello Corp is traded on OTC Exchange in the United States. Otello ASA [OPESF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Otello ASA Leadership Team

Elected by the shareholders, the Otello ASA's board of directors comprises two types of representatives: Otello ASA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Otello. The board's role is to monitor Otello ASA's management team and ensure that shareholders' interests are well served. Otello ASA'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, Otello ASA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Rikard Gillemyr, Executive VP of Product Devel.
Petter Lade, Director, IR & Corporate Development
Nuno Sitima, Ex Mobile
Lars Boilesen, Chief Officer
Jason Hoida, G Counsel
David Kurtz, VP Strategy
Karin Flaa, VP Communications
Andrzej Dzius, Chief AdColony
Vikas Gulati, EVP Performance
Sean Darcy, VP Distribution

Otello Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Otello ASA 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Otello Pink Sheet

Otello ASA financial ratios help investors to determine whether Otello Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Otello with respect to the benefits of owning Otello ASA security.