Omni-Lite Industries Canada Inc.'s (CVE:OML) CEO Will Probably Have Their Compensation Approved By Shareholders

Key Insights

• Omni-Lite Industries Canada's Annual General Meeting to take place on 13th of November
• Total pay for CEO Dave Robbins includes US$250.0k salary
• The total compensation is similar to the average for the industry
• Omni-Lite Industries Canada's EPS grew by 86% over the past three years while total shareholder return over the past three years was 116%

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We have been pretty impressed with the performance at Omni-Lite Industries Canada Inc. (CVE:OML) recently and CEO Dave Robbins deserves a mention for their role in it. The pleasing results would be something shareholders would keep in mind at the upcoming AGM on 13th of November. The focus will probably be on the future company strategy as shareholders cast their votes on resolutions such as executive remuneration and other matters. We think the CEO has done a pretty decent job and we discuss why the CEO compensation is appropriate.

See our latest analysis for Omni-Lite Industries Canada

Comparing Omni-Lite Industries Canada Inc.'s CEO Compensation With The Industry

At the time of writing, our data shows that Omni-Lite Industries Canada Inc. has a market capitalization of CA$29m, and reported total annual CEO compensation of US$250k for the year to December 2024. This was the same as last year. It is worth noting that the CEO compensation consists entirely of the salary, worth US$250k.

For comparison, other companies in the Canadian Machinery industry with market capitalizations below CA$282m, reported a median total CEO compensation of US$250k. So it looks like Omni-Lite Industries Canada compensates Dave Robbins in line with the median for the industry.

On an industry level, around 46% of total compensation represents salary and 54% is other remuneration. On a company level, Omni-Lite Industries Canada prefers to reward its CEO through a salary, opting not to pay Dave Robbins through non-salary benefits. If total compensation veers towards salary, it suggests that the variable portion - which is generally tied to performance, is lower.

A Look at Omni-Lite Industries Canada Inc.'s Growth Numbers

Omni-Lite Industries Canada Inc.'s earnings per share (EPS) grew 86% per year over the last three years. In the last year, its revenue is down 7.9%.

Overall this is a positive result for shareholders, showing that the company has improved in recent years. It's always a tough situation when revenues are not growing, but ultimately profits are more important. Although we don't have analyst forecasts, you might want to assess this data-rich visualization of earnings, revenue and cash flow.

Has Omni-Lite Industries Canada Inc. Been A Good Investment?

Boasting a total shareholder return of 116% over three years, Omni-Lite Industries Canada Inc. has done well by shareholders. This strong performance might mean some shareholders don't mind if the CEO were to be paid more than is normal for a company of its size.

To Conclude...

Omni-Lite Industries Canada rewards its CEO solely through a salary, ignoring non-salary benefits completely. The company's solid performance might have made most shareholders happy, possibly making CEO remuneration the least of the matters to be discussed in the AGM. However, investors will get the chance to engage on key strategic initiatives and future growth opportunities for the company and set their longer-term expectations.

CEO compensation is a crucial aspect to keep your eyes on but investors also need to keep their eyes open for other issues related to business performance. We did our research and spotted 1 warning sign for Omni-Lite Industries Canada that investors should look into moving forward.

Of course, you might find a fantastic investment by looking at a different set of stocks. So take a peek at this free list of interesting companies.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.