Galaxy Digital Holdings Ltd.

TSX:GLXY Stock Report

Market Cap: CA$8.8b

Galaxy Digital Holdings Management

Management criteria checks 4/4

Galaxy Digital Holdings' CEO is Mike Novogratz, appointed in Nov 2017, has a tenure of 7.08 years. directly owns 0.41% of the company’s shares, worth CA$36.42M. The average tenure of the management team and the board of directors is 3.7 years and 3.2 years respectively.

Key information

Mike Novogratz

Chief executive officer

US$3.0m

Total compensation

CEO salary percentagen/a
CEO tenure7.1yrs
CEO ownership0.4%
Management average tenure3.7yrs
Board average tenure3.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike Novogratz's remuneration changed compared to Galaxy Digital Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$416m

Jun 30 2024n/an/a

US$363m

Mar 31 2024n/an/a

US$473m

Dec 31 2023US$3mn/a

US$455m

Sep 30 2023n/an/a

-US$107m

Jun 30 2023n/an/a

-US$195m

Mar 31 2023n/an/a

-US$409m

Dec 31 2022US$3kn/a

-US$523m

Sep 30 2022n/an/a

-US$193m

Jun 30 2022n/an/a

US$73m

Mar 31 2022n/an/a

US$178m

Dec 31 2021US$5kn/a

US$402m

Sep 30 2021n/an/a

US$355m

Jun 30 2021n/an/a

US$254m

Mar 31 2021n/an/a

US$312m

Dec 31 2020n/an/a

US$103m

Sep 30 2020n/an/a

-US$134m

Jun 30 2020n/an/a

-US$159m

Mar 31 2020n/an/a

-US$142m

Dec 31 2019n/an/a

-US$133m

Sep 30 2019n/an/a

-US$8m

Jun 30 2019n/an/a

-US$8m

Mar 31 2019n/an/a

-US$34m

Dec 31 2018US$402kUS$168k

-US$37m

Compensation vs Market: Mike's total compensation ($USD3.00M) is about average for companies of similar size in the Canadian market ($USD4.15M).

Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.

CEO

Mike Novogratz (59 yo)

7.1yrs

Tenure

US$3,003,392

Compensation

Mr. Michael Edward Novogratz, also known as Mike, is Founder, CEO & Director at GALAXY. He is a Founder of Galaxy Digital Holdings Ltd. and serves as its Director since July 31, 2018.He is Director at Can...

Leadership Team

NamePositionTenureCompensationOwnership
Michael Daffey
Chairman of the Board & Senior Advisor3.3yrsno data1.19%
CA$ 104.5m
Michael Novogratz
Founder7.1yrsUS$3.00m0.41%
CA$ 36.4m
Christopher Ferraro
President & Chief Investment Officer1.8yrsUS$5.10m0.52%
CA$ 45.9m
Alexander Ioffe
Chief Financial Officer3.7yrsUS$2.43m0.12%
CA$ 10.7m
Erin Brown
Chief Operating Officer3.6yrsUS$4.45m0.16%
CA$ 14.1m
Jason Urban
Global Head of Trading4.1yrsUS$2.89m0.24%
CA$ 20.8m
Damien Vanderwilt
Senior Advisor & Director1.8yrsUS$1.51m0.036%
CA$ 3.2m
Richard Tavoso
Manager & Directorno dataUS$143.96k0.45%
CA$ 40.0m
Michael Ashe
Head of Investment Banking4.2yrsUS$5.00m0.028%
CA$ 2.5m
Jonathan Goldowsky
Head of Investor Relationsno datano datano data
Andrew Siegel
General Counsel & Chief Compliance Officer6.4yrsno data0.28%
CA$ 24.4m
Leon Marshall
CEO of Galaxy Europe & Global Head of Salesno datano datano data

3.7yrs

Average Tenure

57.5yo

Average Age

Experienced Management: GLXY's management team is considered experienced (3.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Michael Daffey
Chairman of the Board & Senior Advisor3.3yrsno data1.19%
CA$ 104.5m
Michael Novogratz
Founder6.4yrsUS$3.00m0.41%
CA$ 36.4m
Damien Vanderwilt
Senior Advisor & Director1.8yrsUS$1.51m0.036%
CA$ 3.2m
Richard Tavoso
Manager & Director1.5yrsUS$143.96k0.45%
CA$ 40.0m
Jane Dietze
Independent Director2.8yrsUS$138.96kno data
William Koutsouras
Lead Independent Director6.4yrsUS$178.96kno data
Neal Katyal
Senior Advisor & Chairman of Advisory Board3.1yrsno datano data
Dominic Docherty
Independent Director4.5yrsUS$138.96k0.070%
CA$ 6.2m

3.2yrs

Average Tenure

57yo

Average Age

Experienced Board: GLXY's board of directors are considered experienced (3.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 13:28
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

Galaxy Digital Holdings Ltd. is covered by 11 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Martin TonerATB Capital Markets
Mark PalmerBenchmark Company
Michael LeggBenchmark Company