It's Unlikely That Shareholders Will Increase Vibe Growth Corporation's (CSE:VIBE) Compensation By Much This Year

Key Insights

• Vibe Growth to hold its Annual General Meeting on 4th of September
• Total pay for CEO Mark Waldron includes US$180.0k salary
• The total compensation is 37% less than the average for the industry
• Vibe Growth's EPS declined by 6.1% over the past three years while total shareholder loss over the past three years was 98%

AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early.

Performance at Vibe Growth Corporation (CSE:VIBE) has not been particularly rosy recently and shareholders will likely be holding CEO Mark Waldron and the board accountable for this. At the upcoming AGM on 4th of September, shareholders may have the opportunity to influence management to turn the performance around by voting on resolutions such as executive remuneration and other matters. From our analysis below, we think CEO compensation looks appropriate for now.

View our latest analysis for Vibe Growth

Comparing Vibe Growth Corporation's CEO Compensation With The Industry

At the time of writing, our data shows that Vibe Growth Corporation has a market capitalization of CA$540k, and reported total annual CEO compensation of US$280k for the year to December 2024. There was no change in the compensation compared to last year. We note that the salary portion, which stands at US$180.0k constitutes the majority of total compensation received by the CEO.

For comparison, other companies in the Canadian Healthcare industry with market capitalizations below CA$275m, reported a median total CEO compensation of US$445k. Accordingly, Vibe Growth pays its CEO under the industry median.

Speaking on an industry level, nearly 35% of total compensation represents salary, while the remainder of 65% is other remuneration. According to our research, Vibe Growth has allocated a higher percentage of pay to salary in comparison to the wider industry. If total compensation veers towards salary, it suggests that the variable portion - which is generally tied to performance, is lower.

Vibe Growth Corporation's Growth

Over the last three years, Vibe Growth Corporation has shrunk its earnings per share by 6.1% per year. Its revenue is up 1.8% over the last year.

Few shareholders would be pleased to read that EPS have declined. And the modest revenue growth over 12 months isn't much comfort against the reduced EPS. These factors suggest that the business performance wouldn't really justify a high pay packet for the CEO. Although we don't have analyst forecasts, you might want to assess this data-rich visualization of earnings, revenue and cash flow.

Has Vibe Growth Corporation Been A Good Investment?

Few Vibe Growth Corporation shareholders would feel satisfied with the return of -98% over three years. This suggests it would be unwise for the company to pay the CEO too generously.

To Conclude...

Along with the business performing poorly, shareholders have suffered with poor share price returns on their investments, suggesting that there's little to no chance of them being in favor of a CEO pay raise. At the upcoming AGM, management will get a chance to explain how they plan to get the business back on track and address the concerns from investors.

While it is important to pay attention to CEO remuneration, investors should also consider other elements of the business. We've identified 4 warning signs for Vibe Growth that investors should be aware of in a dynamic business environment.

Switching gears from Vibe Growth, if you're hunting for a pristine balance sheet and premium returns, this free list of high return, low debt companies is a great place to look.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.