LexaGene Holdings Inc.

TSXV:LXG.H Stock Report

Market Cap: CA$14.8m

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LexaGene Holdings Management

Management criteria checks 2/4

Key information

Jack Regan

Chief executive officer

US$482.4k

Total compensation

CEO salary percentage70.2%
CEO tenure6.6yrs
CEO ownership4.3%
Management average tenure5.8yrs
Board average tenure4.3yrs

Recent management updates

It's Unlikely That LexaGene Holdings Inc.'s (CVE:LXG) CEO Will See A Huge Pay Rise This Year

Feb 02
It's Unlikely That LexaGene Holdings Inc.'s (CVE:LXG) CEO Will See A Huge Pay Rise This Year

Recent updates

It's Unlikely That LexaGene Holdings Inc.'s (CVE:LXG) CEO Will See A Huge Pay Rise This Year

Feb 02
It's Unlikely That LexaGene Holdings Inc.'s (CVE:LXG) CEO Will See A Huge Pay Rise This Year

We're A Little Worried About LexaGene Holdings' (CVE:LXG) Cash Burn Rate

Oct 07
We're A Little Worried About LexaGene Holdings' (CVE:LXG) Cash Burn Rate

Here's Why We're Not Too Worried About LexaGene Holdings' (CVE:LXG) Cash Burn Situation

May 17
Here's Why We're Not Too Worried About LexaGene Holdings' (CVE:LXG) Cash Burn Situation

We Think LexaGene Holdings (CVE:LXG) Can Afford To Drive Business Growth

Feb 01
We Think LexaGene Holdings (CVE:LXG) Can Afford To Drive Business Growth

CEO Compensation Analysis

How has Jack Regan's remuneration changed compared to LexaGene Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Nov 30 2022n/an/a

-US$9m

Aug 31 2022n/an/a

-US$10m

May 31 2022n/an/a

-US$10m

Feb 28 2022US$482kUS$338k

-US$11m

Nov 30 2021n/an/a

-US$11m

Aug 31 2021n/an/a

-US$11m

May 31 2021n/an/a

-US$11m

Feb 28 2021US$466kUS$250k

-US$10m

Nov 30 2020n/an/a

-US$9m

Aug 31 2020n/an/a

-US$9m

May 31 2020n/an/a

-US$8m

Feb 29 2020US$375kUS$250k

-US$7m

Nov 30 2019n/an/a

-US$8m

Aug 31 2019n/an/a

-US$8m

May 31 2019n/an/a

-US$8m

Feb 28 2019US$300kUS$240k

-US$8m

Nov 30 2018n/an/a

-US$7m

Aug 31 2018n/an/a

-US$7m

May 31 2018n/an/a

-US$5m

Feb 28 2018US$200kUS$200k

-US$4m

Nov 30 2017n/an/a

-US$3m

Aug 31 2017n/an/a

-US$6m

May 31 2017n/an/a

-US$5m

Feb 28 2017US$180kUS$180k

-US$4m

Compensation vs Market: Jack's total compensation ($USD482.44K) is above average for companies of similar size in the Canadian market ($USD177.69K).

Compensation vs Earnings: Jack's compensation has increased whilst the company is unprofitable.


CEO

Jack Regan (49 yo)

6.6yrs

Tenure

US$482,437

Compensation

Dr. John F. Regan, also known as Jack, is the Founder of LexaGene Holdings Inc. since 2016 and has been its Chairman of the Board since September 12, 2017 and its Chief Executive Officer and Director since...


Leadership Team

NamePositionTenureCompensationOwnership
John Regan
Founder6.6yrsUS$482.44k4.3%
CA$ 636.1k
Jeffrey Mitchell
CFO, Treasurer & Corporate Secretary5.2yrsUS$344.52k0.11%
CA$ 16.0k
Steven Armstrong
Chief Operating Officer2.8yrsUS$268.40k0.28%
CA$ 41.8k
Allan Fabbro
Vice President of Corporate Development6.5yrsno datano data
Nicole Ridgedale
Director of Corporate Marketingno datano datano data
Jay Adelaar
Vice President of Capital Marketsno datano datano data

5.8yrs

Average Tenure

54yo

Average Age

Experienced Management: LXG.H's management team is seasoned and experienced (5.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
John Regan
Founder6.6yrsUS$482.44k4.3%
CA$ 636.1k
Joseph Caruso
Independent Director4.9yrsUS$98.81k0.0073%
CA$ 1.1k
Kimothy Smith
Member of Scientific Advisory Board4.3yrsno datano data
James Marsden
Member of Scientific Advisory Board4.1yrsno datano data
Thomas Slezak
Independent Director6.6yrsUS$137.68k0%
CA$ 0
Shawn Stevens
Member of Scientific Advisory Board4.3yrsno datano data
Shelley Rankin
Member of Scientific Advisory Board2.7yrsno datano data
Stephen Mastrocola
Independent Director2.3yrsUS$164.83k0%
CA$ 0
Jane Sykes
Independent Director1.5yrsUS$92.35k0%
CA$ 0

4.3yrs

Average Tenure

62yo

Average Age

Experienced Board: LXG.H's board of directors are considered experienced (4.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/05/21 18:42
End of Day Share Price 2023/02/21 00:00
Earnings2022/11/30
Annual Earnings2022/02/28

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

LexaGene Holdings Inc. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sally YanchusBrookline Capital Markets
Neil LinsdelliA Capital Markets
Chelsea StellickiA Capital Markets