KWESST Micro Systems Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Sean Homuth

Chief executive officer

CA$447.4k

Total compensation

CEO salary percentage	20.6%
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	less than a year
Board average tenure	3.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sean Homuth's remuneration changed compared to KWESST Micro Systems's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-CA$7m
Sep 30 2023	CA$447k	CA$92k	-CA$9m

Compensation vs Market: Sean's total compensation ($USD324.77K) is above average for companies of similar size in the Canadian market ($USD175.39K).

Compensation vs Earnings: Insufficient data to compare Sean's compensation with company performance.

CEO

Sean Homuth (45 yo)

less than a year

Tenure

CA$447,420

Compensation

Mr. Sean Homuth, B.Comm., CA, CPA, served as Chief Financial Officer & Chief Compliance Officer of KWESST Micro Systems Inc. since June 12, 2023 until November 27, 2023 & serves as it's President & CEO sin...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
David Luxton	Executive Chairman	4.5yrs	CA$493.50k	0.11% CA$ 7.6k
Sean Homuth	President & CEO	less than a year	CA$447.42k	no data
Harry Webster	General Manager	no data	CA$251.75k	no data
Kris Denis	Interim CFO & Compliance Officer	less than a year	no data	0.021% CA$ 1.5k

0.4yrs

Average Tenure

45yo

Average Age

Experienced Management: KWE's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
David Luxton	Executive Chairman	4.5yrs	CA$493.50k	0.11% CA$ 7.6k
Paul Mangano	Independent Director	3.6yrs	CA$65.50k	0.061% CA$ 4.3k
Rick Hillier	Director	less than a year	no data	0% CA$ 0
John McCoach	Independent Director	6.4yrs	CA$75.50k	0.021% CA$ 1.5k
Paul Fortin	Independent Director	3.6yrs	CA$65.50k	0.0013% CA$ 94.1

3.6yrs

Average Tenure

65yo

Average Age

Experienced Board: KWE's board of directors are considered experienced (3.6 years average tenure).

KWESST Micro Systems Management

Management criteria checks 1/4

Key information

Recent management updates

KWESST Micro Systems Inc., Annual General Meeting, Jun 28, 2024

KWESST Micro Systems Inc. Appoints General (Retired) Rick Hillier to Its Baord

KWESST Micro Systems Inc Announces Executive Changes

KWESST Micro Systems Inc. Announces the Retirement of Jeff Macleod as CEO, Effective October 31, 2023

Insufficient new directors

Kwesst Micro Systems Inc. Appoints Sean Homuth as Chief Financial Officer

Recent updates

KWESST Micro Systems Inc., Annual General Meeting, Jun 28, 2024

New major risk - Shareholder dilution

KWESST Micro Systems Inc. has completed a Follow-on Equity Offering.

KWESST Micro Systems Inc. has filed a Follow-on Equity Offering.

New major risk - Share price stability

Full year 2023 earnings: EPS and revenues exceed analyst expectations

KWESST Micro Systems Inc. Announces Non-Lethal PARA OPS and Arwen Products to Purchase On-Line

KWESST Micro Systems Inc. Appoints General (Retired) Rick Hillier to Its Baord

KWESST Micro Systems Inc Announces Executive Changes

KWESST Micro Systems Inc. Announces the Retirement of Jeff Macleod as CEO, Effective October 31, 2023

KWESST Micro Systems Inc. Develops Patent-Pending SaaS Product for Public Safety Agencies

Insufficient new directors

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

KWESST Micro Systems Inc. Files Patent for Next-Generation Laser Detection, Makes Core Module Available To OEMs

KWESST Micro Systems Inc. announced that it has received CAD 7.36784 million in funding

New major risk - Market cap size

Kwesst Micro Systems Inc. Appoints Sean Homuth as Chief Financial Officer

Second quarter 2023 earnings released: CA$0.29 loss per share (vs CA$3.22 loss in 2Q 2022)

Full year 2022 earnings: EPS and revenues miss analyst expectations

KWESST Micro Systems Inc., Annual General Meeting, Mar 31, 2023

KWESST Micro Systems Inc. has completed an IPO in the amount of $24.184845 million.

KWESST Micro Systems Inc. has completed a Composite Units Offering.

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

KWESST Micro Systems Inc. announced that it has received CAD 0.344 million in funding

Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

KWESST Micro Systems Inc. Announces Executive Changes

Price target decreased to CA$3.66

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Executive Chairman exercised options to buy CA$67k worth of stock.

KWESST Micro Systems Inc. (TSXV:KWE) completed the acquisition of Police Ordnance Company Inc. from Carson Corporation, 2249817 Ontario Limited, Greg Sullivan, Glen Turpin, Mark Minicola, Justin Myers, John McNeil and Bryan Berkman.

KWESST Micro Systems Inc. (TSXV:KWE) agreed to acquire Police Ordnance Company Inc.

Full year 2021 earnings: Revenues miss analyst expectations

High number of new and inexperienced directors

KWESST Micro Systems Inc. announced that it has received CAD 4.420071 million in funding

KWESST Micro Systems Inc. announced that it expects to receive CAD 2.5 million in funding

Elisabeth Preston Joins KWESST MICRO SYSTEMS Inc.'s Board of Directors

New 90-day high: CA$1.94

New 90-day high: CA$1.35

New 90-day high: CA$1.02

KWESST Electronic Decoy Patent Receives Notice of Allowance from U.S. Patent Office

KWESST Micro Systems Inc. Completes First Phase of Contract Delivery For TASCS to U.S. Military Customer

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age