Recipe Unlimited Corporation

TSX:RECP Stock Report

Market Cap: CA$1.2b

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Recipe Unlimited Management

Management criteria checks 3/4

Key information

Frank Hennessey

Chief executive officer

CA$2.1m

Total compensation

CEO salary percentage28.9%
CEO tenure4.4yrs
CEO ownership0.01%
Management average tenure7.1yrs
Board average tenure4.4yrs

Recent management updates

Here's Why Some Shareholders May Not Be Too Generous With Recipe Unlimited Corporation's (TSE:RECP) CEO Compensation This Year

May 01
Here's Why Some Shareholders May Not Be Too Generous With Recipe Unlimited Corporation's (TSE:RECP) CEO Compensation This Year

Recent updates

Calculating The Intrinsic Value Of Recipe Unlimited Corporation (TSE:RECP)

Jun 19
Calculating The Intrinsic Value Of Recipe Unlimited Corporation (TSE:RECP)

Recipe Unlimited (TSE:RECP) Has A Somewhat Strained Balance Sheet

Mar 08
Recipe Unlimited (TSE:RECP) Has A Somewhat Strained Balance Sheet

These 4 Measures Indicate That Recipe Unlimited (TSE:RECP) Is Using Debt Extensively

Nov 30
These 4 Measures Indicate That Recipe Unlimited (TSE:RECP) Is Using Debt Extensively

Recipe Unlimited Corporation (TSE:RECP) Shares Could Be 31% Below Their Intrinsic Value Estimate

Oct 10
Recipe Unlimited Corporation (TSE:RECP) Shares Could Be 31% Below Their Intrinsic Value Estimate

Recipe Unlimited (TSE:RECP) Takes On Some Risk With Its Use Of Debt

Jul 13
Recipe Unlimited (TSE:RECP) Takes On Some Risk With Its Use Of Debt

Here's Why Some Shareholders May Not Be Too Generous With Recipe Unlimited Corporation's (TSE:RECP) CEO Compensation This Year

May 01
Here's Why Some Shareholders May Not Be Too Generous With Recipe Unlimited Corporation's (TSE:RECP) CEO Compensation This Year

Recipe Unlimited Corporation's (TSE:RECP) Intrinsic Value Is Potentially 36% Above Its Share Price

Mar 29
Recipe Unlimited Corporation's (TSE:RECP) Intrinsic Value Is Potentially 36% Above Its Share Price

These 4 Measures Indicate That Recipe Unlimited (TSE:RECP) Is Using Debt Extensively

Mar 08
These 4 Measures Indicate That Recipe Unlimited (TSE:RECP) Is Using Debt Extensively

Reflecting on Recipe Unlimited's (TSE:RECP) Share Price Returns Over The Last Three Years

Feb 08
Reflecting on Recipe Unlimited's (TSE:RECP) Share Price Returns Over The Last Three Years

Have Insiders Been Selling Recipe Unlimited Corporation (TSE:RECP) Shares?

Jan 12
Have Insiders Been Selling Recipe Unlimited Corporation (TSE:RECP) Shares?

Do Institutions Own Recipe Unlimited Corporation (TSE:RECP) Shares?

Dec 15
Do Institutions Own Recipe Unlimited Corporation (TSE:RECP) Shares?

Recipe Unlimited (TSE:RECP) Use Of Debt Could Be Considered Risky

Nov 17
Recipe Unlimited (TSE:RECP) Use Of Debt Could Be Considered Risky

CEO Compensation Analysis

How has Frank Hennessey's remuneration changed compared to Recipe Unlimited's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 26 2022n/an/a

CA$48m

Mar 27 2022n/an/a

CA$51m

Dec 26 2021CA$2mCA$600k

CA$43m

Sep 26 2021n/an/a

CA$70m

Jun 27 2021n/an/a

CA$62m

Mar 28 2021n/an/a

CA$2m

Dec 27 2020CA$805kCA$485k

-CA$52m

Sep 27 2020n/an/a

-CA$78m

Jun 28 2020n/an/a

-CA$76m

Mar 29 2020n/an/a

-CA$19m

Dec 29 2019CA$810kCA$600k

CA$45m

Sep 29 2019n/an/a

CA$55m

Jun 30 2019n/an/a

CA$72m

Mar 31 2019n/an/a

CA$75m

Dec 30 2018CA$5mCA$374k

CA$74m

Compensation vs Market: Frank's total compensation ($USD1.52M) is about average for companies of similar size in the Canadian market ($USD1.56M).

Compensation vs Earnings: Frank's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Frank Hennessey (58 yo)

4.4yrs

Tenure

CA$2,073,133

Compensation

Mr. Frank Hennessey has been Chief Executive Officer of Recipe Unlimited Corporation since May 10, 2018 and serves as its Director since May 9, 2022. Mr. Hennessey served as the Chief Executive Officer and...

Leadership Team

NamePositionTenureCompensationOwnership
Frank Hennessey
CEO & Director4.4yrsCA$2.07m0.013%
CA$ 155.4k
Kenneth Grondin
Chief Financial Officer9yrsCA$1.31m0.058%
CA$ 703.0k
Julie Denton
Chief People Officer3.8yrsCA$1.15mno data
Richard Scofield
President of St-Hubert Bar-B-Q Ltd.7.1yrsCA$1.00mno data
Dave Lantz
VP, General Counsel & Secretaryno datano datano data
Douglas Moffat
Executive VPno datano datano data
Grant Cobb
Senior Vice President of Casual Dining Division14.1yrsCA$459.41kno data
Steven Pelton
Senior Vice President of Landing & Bier Markt7.3yrsCA$283.16kno data
Todd Barclay
President of Casual Brands & Government Relationsless than a yearno data0.00034%
CA$ 4.1k
Wayne Holm
President of Milestones Restaurants Incno datano datano data
Kenneth Otto
Chief Development Officer & President of Family Dining Division8.1yrsCA$724.48kno data
Derek Doke
President of FranWorks5.9yrsno datano data

7.1yrs

Average Tenure

58.5yo

Average Age

Experienced Management: RECP's management team is seasoned and experienced (7.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Frank Hennessey
CEO & Directorless than a yearCA$2.07m0.013%
CA$ 155.4k
Stephen Gunn
Independent Director9.6yrsCA$101.50k0.055%
CA$ 668.1k
Paul Jeffery
Chairman Emeritus of Kelsey’s International Incno datano datano data
Christopher Hodgson
Independent Director7.5yrsCA$85.00kno data
Paul Rivett
Independent Chairman2.8yrsCA$85.00k0.016%
CA$ 196.7k
Kimberly Baird
Independent Director1.4yrsCA$52.17kno data
Sean Regan
Independent Director7.5yrsCA$80.00kno data
Christina Clark
Independent Director4.4yrsCA$85.00kno data

4.4yrs

Average Tenure

58yo

Average Age

Experienced Board: RECP's board of directors are considered experienced (4.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2022/10/28 02:47
End of Day Share Price 2022/10/28 00:00
Earnings2022/06/26
Annual Earnings2021/12/26

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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Recipe Unlimited Corporation is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Peter SklarBMO Capital Markets Equity Research
Andrew LawlorCanaccord Genuity
Mark PetrieCIBC Capital Markets