Payfare Inc.

TSX:PAY Stock Report

Market Cap: CA$106.2m

Payfare Management

Management criteria checks 3/4

Payfare's CEO is Marco Margiotta, appointed in Mar 2016, has a tenure of 8.75 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$1.94M. The average tenure of the management team and the board of directors is 6.1 years and 3.8 years respectively.

Key information

Marco Margiotta

Chief executive officer

CA$1.4m

Total compensation

CEO salary percentage38.0%
CEO tenure8.8yrs
CEO ownership1.8%
Management average tenure6.1yrs
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 ($USD952.33K) is above average for companies of similar size in the Canadian market ($USD164.83K).

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

CEO

Marco Margiotta

8.8yrs

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-Founder8.8yrsCA$1.37m1.83%
CA$ 1.9m
Ryan Deslippe
Co-Founder & Chief Revenue Officer7.8yrsCA$1.16m3.32%
CA$ 3.5m
Keith McKenzie
Co-Founder & Directorno dataCA$498.13k4.71%
CA$ 5.0m
Charles Park
CFO & Corporate Secretary6.1yrsCA$1.18m0.65%
CA$ 689.1k
Kamran Haidari
Chief Technology & Data Officer3.6yrsCA$430.94k0.057%
CA$ 60.2k
Cihan Tuncay
Head of Investor Relations & Corporate Development3.1yrsCA$601.79kno data
Su Chun
Chief Compliance Officer & Chief Strategy Officerno datano datano data
Mark Lau
Chief Legal Officerno datano data0.030%
CA$ 31.5k

6.1yrs

Average Tenure

Experienced Management: PAY's management team is seasoned and experienced (6.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Marco Margiotta
Co-Founder4yrsCA$1.37m1.83%
CA$ 1.9m
Keith McKenzie
Co-Founder & Director6.8yrsCA$498.13k4.71%
CA$ 5.0m
Paul Haber
Lead Independent Director9yrsCA$286.90k0.22%
CA$ 235.5k
Alex Ceballos
Member of Strategic Advisory Boardless than a yearno datano data
Kelly Graziadei
Independent Director3.8yrsCA$107.52k0.032%
CA$ 34.1k
Matthew Swann
Independent Director3.8yrsCA$107.52k0.032%
CA$ 34.1k
Dmitry Shevelenko
Independent Director3.8yrsCA$107.52k0.20%
CA$ 209.3k

3.8yrs

Average Tenure

55yo

Average Age

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

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 05:36
End of Day Share Price 2024/12/18 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

Payfare Inc. is covered by 7 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
Harold GoetschB. Riley Securities, Inc.
Joseph VafiCanaccord Genuity
Joshua SieglerCantor Fitzgerald & Co.