CareRx Corporation

TSX:CRRX Stock Report

Market Cap: CA$122.3m

CareRx Management

Management criteria checks 1/4

CareRx's CEO is Puneet Khanna, appointed in May 2023, has a tenure of 1.58 years. total yearly compensation is CA$1.30M, comprised of 28.5% salary and 71.5% bonuses, including company stock and options. directly owns 0.011% of the company’s shares, worth CA$13.26K. The average tenure of the management team and the board of directors is 1.3 years and 3.1 years respectively.

Key information

Puneet Khanna

Chief executive officer

CA$1.3m

Total compensation

CEO salary percentage28.5%
CEO tenure1.6yrs
CEO ownership0.01%
Management average tenure1.3yrs
Board average tenure3.1yrs

Recent management updates

Recent updates

CareRx (TSE:CRRX) Seems To Use Debt Quite Sensibly

Oct 03
CareRx (TSE:CRRX) Seems To Use Debt Quite Sensibly

Analyst Estimates: Here's What Brokers Think Of CareRx Corporation (TSE:CRRX) After Its Second-Quarter Report

Aug 11
Analyst Estimates: Here's What Brokers Think Of CareRx Corporation (TSE:CRRX) After Its Second-Quarter Report

Does CareRx (TSE:CRRX) Have A Healthy Balance Sheet?

Apr 22
Does CareRx (TSE:CRRX) Have A Healthy Balance Sheet?

Market Participants Recognise CareRx Corporation's (TSE:CRRX) Revenues Pushing Shares 28% Higher

Mar 17
Market Participants Recognise CareRx Corporation's (TSE:CRRX) Revenues Pushing Shares 28% Higher

CareRx (TSE:CRRX) Takes On Some Risk With Its Use Of Debt

Oct 19
CareRx (TSE:CRRX) Takes On Some Risk With Its Use Of Debt

What You Can Learn From CareRx Corporation's (TSE:CRRX) P/S

Aug 22
What You Can Learn From CareRx Corporation's (TSE:CRRX) P/S

CareRx (TSE:CRRX) Has A Somewhat Strained Balance Sheet

Sep 22
CareRx (TSE:CRRX) Has A Somewhat Strained Balance Sheet

These 4 Measures Indicate That CareRx (TSE:CRRX) Is Using Debt Extensively

May 14
These 4 Measures Indicate That CareRx (TSE:CRRX) Is Using Debt Extensively

Here's Why CareRx (TSE:CRRX) Has A Meaningful Debt Burden

Jan 21
Here's Why CareRx (TSE:CRRX) Has A Meaningful Debt Burden

Is CareRx Corporation's (TSE:CRRX) Shareholder Ownership Skewed Towards Insiders?

Mar 15
Is CareRx Corporation's (TSE:CRRX) Shareholder Ownership Skewed Towards Insiders?

Trade Alert: The Chairman Emeritus Of CareRx Corporation (TSE:CRRX), Jack Shevel, Has Just Spent CA$850k Buying 9.4% More Shares

Feb 08
Trade Alert: The Chairman Emeritus Of CareRx Corporation (TSE:CRRX), Jack Shevel, Has Just Spent CA$850k Buying 9.4% More Shares

CEO Compensation Analysis

How has Puneet Khanna's remuneration changed compared to CareRx's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$6m

Jun 30 2024n/an/a

-CA$7m

Mar 31 2024n/an/a

-CA$4m

Dec 31 2023CA$1mCA$371k

-CA$5m

Sep 30 2023n/an/a

-CA$6m

Jun 30 2023n/an/a

-CA$7m

Mar 31 2023n/an/a

-CA$34m

Dec 31 2022CA$733kCA$261k

-CA$34m

Sep 30 2022n/an/a

-CA$34m

Jun 30 2022n/an/a

-CA$36m

Mar 31 2022n/an/a

-CA$20m

Dec 31 2021CA$500kCA$250k

-CA$23m

Sep 30 2021n/an/a

-CA$21m

Jun 30 2021n/an/a

-CA$24m

Mar 31 2021n/an/a

-CA$29m

Dec 31 2020CA$346kCA$42k

-CA$18m

Compensation vs Market: Puneet's total compensation ($USD906.24K) is above average for companies of similar size in the Canadian market ($USD164.16K).

Compensation vs Earnings: Puneet's compensation has increased whilst the company is unprofitable.

CEO

Puneet Khanna

1.6yrs

Tenure

CA$1,302,314

Compensation

Mr. Puneet Khanna has been Chief Executive Officer and President at CareRx Corporation since May 31, 2023 and as its Director since June 06, 2023. He was the Chief Operating Officer at CareRx Corporation f...

Leadership Team

NamePositionTenureCompensationOwnership
Puneet Khanna
CEO, President & Director1.6yrsCA$1.30m0.011%
CA$ 13.3k
Paul Rakowski
Senior VP of Corporate Development7.3yrsCA$521.03k0.083%
CA$ 102.0k
Adrianne Campeau
Chief People & Culture Officer2.9yrsCA$551.41kno data
Travis Featherstone
Senior VP of Western Operations & System Integrationless than a yearCA$461.11k1.42%
CA$ 1.7m
Suzanne Brand
Chief Financial Officerless than a yearno datano data
Alvin Chau
Senior Vice President of Information Technologyless than a yearno datano data
Alpinder Grewal
Senior Vice President of Operations East & Business Transformationno datano datano data
Davide Pernarella
Vice President of Business Planning & Analysisno datano data0.033%
CA$ 40.7k

1.3yrs

Average Tenure

Experienced Management: CRRX's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Puneet Khanna
CEO, President & Director1.5yrsCA$1.30m0.011%
CA$ 13.3k
Maria Perrella
Independent Director2.7yrsCA$117.50k0.035%
CA$ 42.8k
Jeff Watson
Independent Chairman1.5yrsCA$109.00k0.051%
CA$ 62.6k
Keith McIntosh
Director3.5yrsCA$90.00k0.058%
CA$ 70.8k
Raffaele Desando
Director5.1yrsCA$95.00kno data
Bruce Moody
Director4.6yrsCA$120.00kno data

3.1yrs

Average Tenure

Experienced Board: CRRX's board of directors are considered experienced (3.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:32
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

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

CareRx Corporation is covered by 15 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Doug CooperBeacon Securities Limited
David MartinBloom Burton & Co.
Prasath PanduranganBloom Burton & Co.