Payfare Inc.

TSX:PAY Stock Report

Market Cap: CA$103.9m

Payfare Management

Management criteria checks 3/4

Payfare's CEO is Marco Margiotta, appointed in Mar 2016, has a tenure of 8.67 years. total yearly compensation is CA$1.37M, comprised of 38% salary and 62% bonuses, including company stock and options. directly owns 1.83% of the company’s shares, worth CA$1.91M. The average tenure of the management team and the board of directors is 6 years and 3.8 years respectively.

Key information

Marco Margiotta

Chief executive officer

CA$1.4m

Total compensation

CEO salary percentage38.0%
CEO tenure8.7yrs
CEO ownership1.8%
Management average tenure6yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

Little Excitement Around Payfare Inc.'s (TSE:PAY) Earnings As Shares Take 71% Pounding

Oct 09
Little Excitement Around Payfare Inc.'s (TSE:PAY) Earnings As Shares Take 71% Pounding

Payfare Inc.'s (TSE:PAY) 29% Jump Shows Its Popularity With Investors

Aug 21
Payfare Inc.'s (TSE:PAY) 29% Jump Shows Its Popularity With Investors

Do Payfare's (TSE:PAY) Earnings Warrant Your Attention?

Jul 27
Do Payfare's (TSE:PAY) Earnings Warrant Your Attention?

Payfare Inc. (TSE:PAY) Screens Well But There Might Be A Catch

Apr 28
Payfare Inc. (TSE:PAY) Screens Well But There Might Be A Catch

Further Upside For Payfare Inc. (TSE:PAY) Shares Could Introduce Price Risks After 31% Bounce

Jan 04
Further Upside For Payfare Inc. (TSE:PAY) Shares Could Introduce Price Risks After 31% Bounce

Payfare Inc. (TSE:PAY) Doing What It Can To Lift Shares

Jul 18
Payfare Inc. (TSE:PAY) Doing What It Can To Lift Shares

Rainbows and Unicorns: Payfare Inc. (TSE:PAY) Analysts Just Became A Lot More Optimistic

May 17
Rainbows and Unicorns: Payfare Inc. (TSE:PAY) Analysts Just Became A Lot More Optimistic

We're Hopeful That Payfare (TSE:PAY) Will Use Its Cash Wisely

Jan 25
We're Hopeful That Payfare (TSE:PAY) Will Use Its Cash Wisely

Here's Why We're Not Too Worried About Payfare's (TSE:PAY) Cash Burn Situation

Oct 05
Here's Why We're Not Too Worried About Payfare's (TSE:PAY) Cash Burn Situation

Payfare (TSE:PAY) Is In A Strong Position To Grow Its Business

Jun 19
Payfare (TSE:PAY) Is In A Strong Position To Grow Its Business

CEO Compensation Analysis

How has Marco Margiotta's remuneration changed compared to Payfare's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$19m

Jun 30 2024n/an/a

CA$20m

Mar 31 2024n/an/a

CA$17m

Dec 31 2023CA$1mCA$522k

CA$13m

Sep 30 2023n/an/a

CA$11m

Jun 30 2023n/an/a

CA$5m

Mar 31 2023n/an/a

CA$1m

Dec 31 2022CA$2mCA$503k

-CA$3m

Sep 30 2022n/an/a

-CA$10m

Jun 30 2022n/an/a

-CA$14m

Mar 31 2022n/an/a

-CA$16m

Dec 31 2021CA$2mCA$454k

-CA$21m

Sep 30 2021n/an/a

-CA$23m

Jun 30 2021n/an/a

-CA$25m

Mar 31 2021n/an/a

-CA$26m

Dec 31 2020CA$2mCA$336k

-CA$26m

Sep 30 2020n/an/a

-CA$27m

Dec 31 2019CA$800kCA$236k

-CA$24m

Dec 31 2018CA$638kCA$185k

-CA$13m

Compensation vs Market: Marco's total compensation ($USD975.63K) is above average for companies of similar size in the Canadian market ($USD170.34K).

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

CEO

Marco Margiotta

8.7yrs

Tenure

CA$1,374,584

Compensation

Mr. Marco Margiotta serves as Co-Founder of Payfare Inc. and has been its Chief Executive Officer since March 1, 2016 and serves as its Chairman. Mr. Margiotta has been a Director of Payfare Inc. since Dec...

Leadership Team

NamePositionTenureCompensationOwnership
Marco Margiotta
Co-Founder8.7yrsCA$1.37m1.83%
CA$ 1.9m
Ryan Deslippe
Co-Founder & Chief Revenue Officer7.7yrsCA$1.16m3.33%
CA$ 3.5m
Keith McKenzie
Co-Founder & Directorno dataCA$498.13k4.73%
CA$ 4.9m
Charles Park
CFO & Corporate Secretary6yrsCA$1.18m0.65%
CA$ 676.6k
Kamran Haidari
Chief Technology & Data Officer3.5yrsCA$430.94k0.057%
CA$ 59.1k
Cihan Tuncay
Head of Investor Relations & Corporate Development3yrsCA$601.79kno data
Su Chun
Chief Compliance Officer & Chief Strategy Officerno datano datano data
Mark Lau
Chief Legal Officerno datano data0.030%
CA$ 30.9k

6.0yrs

Average Tenure

Experienced Management: PAY's management team is seasoned and experienced (6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Marco Margiotta
Co-Founder3.9yrsCA$1.37m1.83%
CA$ 1.9m
Keith McKenzie
Co-Founder & Director6.7yrsCA$498.13k4.73%
CA$ 4.9m
Paul Haber
Lead Independent Director8.9yrsCA$286.90k0.22%
CA$ 231.2k
Alex Ceballos
Member of Strategic Advisory Boardless than a yearno datano data
Kelly Graziadei
Independent Director3.8yrsCA$107.52k0.032%
CA$ 33.5k
Matthew Swann
Independent Director3.8yrsCA$107.52k0.032%
CA$ 33.5k
Dmitry Shevelenko
Independent Director3.8yrsCA$107.52k0.20%
CA$ 205.5k

3.8yrs

Average Tenure

55yo

Average Age

Experienced Board: PAY's board of directors are considered experienced (3.8 years average tenure).