Next Hydrogen Solutions Management
Management criteria checks 2/4
Next Hydrogen Solutions' CEO is Raveel Afzaal, appointed in Oct 2020, has a tenure of 4.17 years. total yearly compensation is CA$264.62K, comprised of 85% salary and 15% bonuses, including company stock and options. directly owns 0.36% of the company’s shares, worth CA$39.30K. The average tenure of the management team and the board of directors is 1.8 years and 3.8 years respectively.
Key information
Raveel Afzaal
Chief executive officer
CA$264.6k
Total compensation
| CEO salary percentage | 85.0% |
| CEO tenure | 4.2yrs |
| CEO ownership | 0.4% |
| Management average tenure | 1.8yrs |
| Board average tenure | 3.8yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -CA$15m |
| Jun 30 2024 | n/a | n/a | -CA$13m |
| Mar 31 2024 | n/a | n/a | -CA$12m |
| Dec 31 2023 | CA$265k | CA$225k | -CA$12m |
| Sep 30 2023 | n/a | n/a | -CA$12m |
| Jun 30 2023 | n/a | n/a | -CA$14m |
| Mar 31 2023 | n/a | n/a | -CA$14m |
| Dec 31 2022 | CA$247k | CA$215k | -CA$14m |
| Sep 30 2022 | n/a | n/a | -CA$17m |
| Jun 30 2022 | n/a | n/a | -CA$17m |
| Mar 31 2022 | n/a | n/a | -CA$28m |
| Dec 31 2021 | CA$736k | CA$175k | -CA$27m |
| Sep 30 2021 | n/a | n/a | -CA$23m |
| Jun 30 2021 | n/a | n/a | -CA$21m |
| Mar 31 2021 | n/a | n/a | -CA$8m |
| Dec 31 2020 | CA$209k | CA$95k | -CA$7m |
Compensation vs Market: Raveel's total compensation ($USD184.14K) is about average for companies of similar size in the Canadian market ($USD164.16K).
Compensation vs Earnings: Raveel's compensation has increased whilst the company is unprofitable.
CEO
Raveel Afzaal (40 yo)
4.2yrs
Tenure
CA$264,620
Compensation
Mr. Raveel Afzaal, B.Math, B.Econ, CFA, has been the President of Next Hydrogen Solutions Inc. (formerly, BioHEP Technologies Ltd. & Next Hydrogen Corporation) since October 01, 2020 and serves as its Dire...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.2yrs | CA$264.62k | 0.36% CA$ 39.3k | |
| Executive Vice Chairman | 6.6yrs | CA$118.37k | 0.41% CA$ 45.1k | |
| Chief Financial Officer | 2yrs | CA$267.59k | no data | |
| Chief Technology Officer | 17yrs | CA$281.99k | 1.52% CA$ 166.7k | |
| Chief Product Officer | 1.6yrs | CA$277.96k | 1.2% CA$ 131.4k | |
| Chief Operating Officer | 1.6yrs | no data | no data | |
| Chief Commercial Officer | 1.1yrs | no data | no data |
1.8yrs
Average Tenure
58yo
Average Age
Experienced Management: NXH's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.8yrs | CA$264.62k | 0.36% CA$ 39.3k | |
| Executive Vice Chairman | 6.6yrs | CA$118.37k | 0.41% CA$ 45.1k | |
| Director | 6.2yrs | CA$50.00k | 1.05% CA$ 115.6k | |
| Independent Chairman of the Board | 6.6yrs | CA$50.00k | 1.38% CA$ 151.6k | |
| Independent Director | 3.5yrs | CA$50.00k | 0.044% CA$ 4.8k | |
| Independent Director | 3.8yrs | CA$50.00k | no data | |
| Independent Director | 3.5yrs | CA$50.00k | no data |
3.8yrs
Average Tenure
60yo
Average Age
Experienced Board: NXH's board of directors are considered experienced (3.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 15:12 |
| 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
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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
Next Hydrogen Solutions Inc. is covered by 4 analysts. 0 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 |
|---|---|
| Michael Mueller | Echelon Wealth Partners Inc. |
| Rupert Merer | National Bank Financial |
| Aaron MacNeil | TD Cowen |