Black Iron Inc.

TSX:BKI Stock Report

Market Cap: CA$25.9m

Black Iron Management

Management criteria checks 3/4

Black Iron's CEO is Matt Simpson, appointed in Dec 2010, has a tenure of 14.42 years. total yearly compensation is $288.16K, comprised of 90.3% salary and 9.7% bonuses, including company stock and options. directly owns 0.44% of the company’s shares, worth CA$114.01K. The average tenure of the management team and the board of directors is 7.5 years and 14.4 years respectively.

Key information

Matt Simpson

Chief executive officer

US$288.2k

Total compensation

CEO salary percentage90.3%
CEO tenure14.4yrs
CEO ownership0.4%
Management average tenure7.5yrs
Board average tenure14.4yrs

Recent management updates

Recent updates

We're Keeping An Eye On Black Iron's (TSE:BKI) Cash Burn Rate

Mar 03
We're Keeping An Eye On Black Iron's (TSE:BKI) Cash Burn Rate

Here's Why We're Not Too Worried About Black Iron's (TSE:BKI) Cash Burn Situation

May 12
Here's Why We're Not Too Worried About Black Iron's (TSE:BKI) Cash Burn Situation

We're A Little Worried About Black Iron's (TSE:BKI) Cash Burn Rate

Nov 17
We're A Little Worried About Black Iron's (TSE:BKI) Cash Burn Rate

We Think Black Iron (TSE:BKI) Needs To Drive Business Growth Carefully

Apr 21
We Think Black Iron (TSE:BKI) Needs To Drive Business Growth Carefully

We Think Black Iron (TSE:BKI) Can Afford To Drive Business Growth

Nov 08
We Think Black Iron (TSE:BKI) Can Afford To Drive Business Growth

CEO Compensation Analysis

How has Matt Simpson's remuneration changed compared to Black Iron's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

-US$2m

Sep 30 2024n/an/a

-US$2m

Jun 30 2024n/an/a

-US$1m

Mar 31 2024n/an/a

-US$1m

Dec 31 2023US$288kUS$260k

-US$2m

Sep 30 2023n/an/a

-US$2m

Jun 30 2023n/an/a

-US$2m

Mar 31 2023n/an/a

-US$2m

Dec 31 2022US$320kUS$269k

-US$3m

Sep 30 2022n/an/a

-US$5m

Jun 30 2022n/an/a

-US$7m

Mar 31 2022n/an/a

-US$7m

Dec 31 2021US$779kUS$279k

-US$6m

Sep 30 2021n/an/a

-US$9m

Jun 30 2021n/an/a

-US$8m

Mar 31 2021n/an/a

-US$9m

Dec 31 2020US$504kUS$273k

-US$9m

Sep 30 2020n/an/a

-US$4m

Jun 30 2020n/an/a

-US$4m

Mar 31 2020n/an/a

-US$2m

Dec 31 2019US$284kUS$264k

-US$3m

Sep 30 2019n/an/a

-US$3m

Jun 30 2019n/an/a

-US$3m

Mar 31 2019n/an/a

-US$2m

Dec 31 2018US$272kUS$272k

-US$2m

Compensation vs Market: Matt's total compensation ($USD288.16K) is above average for companies of similar size in the Canadian market ($USD168.99K).

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

CEO

Matt Simpson (45 yo)

14.4yrs

Tenure

US$288,155

Compensation

Mr. Matthew Simpson, also known as Matt, P.Eng., has been the Chief Executive Officer and President at Forbes & Manhattan, Inc. since September 2014. He is Chief Executive Officer and a director of Brazil...

Leadership Team

NamePositionTenureCompensationOwnership
Matthew Simpson
CEO & Director14.4yrsUS$288.16k0.44%
CA$ 114.0k
Stan Bharti
Executive Officerno dataUS$3.91mno data
Stephen Woodhead
Chief Financial Officerless than a yearno datano data
William Hart
Senior Vice President of Corporate Development7.5yrsno datano data
Kenny Choi
Corporate Secretaryno datano datano data

7.5yrs

Average Tenure

51.5yo

Average Age

Experienced Management: BKI's management team is seasoned and experienced (7.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Matthew Simpson
CEO & Director14.4yrsUS$288.16k0.44%
CA$ 114.0k
John Detmold
Independent Director14.4yrsUS$18.58k1.21%
CA$ 313.7k
Zenon Potoczny
Independent Director4yrsUS$14.86k0.000030%
CA$ 7.8
Raymond Humphrey
Independent Chairman of the Board14.4yrsUS$29.73k0.20%
CA$ 52.9k
Pierre Pettigrew
Independent Director14.4yrsUS$14.86k0.24%
CA$ 62.7k
David Porter
Independent Director14.4yrsUS$18.58k0.041%
CA$ 10.6k
Daniel Bilak
Member of Ukraine Advisory Board13.8yrsno datano data

14.4yrs

Average Tenure

69.5yo

Average Age

Experienced Board: BKI's board of directors are seasoned and experienced ( 14.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/01 01:34
End of Day Share Price 2025/05/01 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Black Iron Inc. is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rajiv ChailCormark Securities Inc.
David TalbotEight Capital
Daniel GreenspanMacquarie Research