Stingray Group Management
Management criteria checks 3/4
Stingray Group's CEO is Eric Boyko, appointed in Jan 2007, has a tenure of 17.92 years. total yearly compensation is CA$1.40M, comprised of 38.4% salary and 61.6% bonuses, including company stock and options. directly owns 3.11% of the company’s shares, worth CA$15.78M. The average tenure of the management team and the board of directors is 8.3 years and 9.7 years respectively.
Key information
Eric Boyko
Chief executive officer
CA$1.4m
Total compensation
| CEO salary percentage | 38.4% |
| CEO tenure | 17.9yrs |
| CEO ownership | 3.1% |
| Management average tenure | 8.3yrs |
| Board average tenure | 9.7yrs |
Recent management updates
Recent updates
Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075
Nov 09
Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075
Aug 10Does Stingray Group (TSE:RAY.A) Have A Healthy Balance Sheet?
Jun 11Stingray Group's (TSE:RAY.A) Dividend Will Be CA$0.075
May 21Stingray Group's (TSE:RAY.A) Dividend Will Be CA$0.075
Apr 25Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075
Mar 23Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075
Feb 16Does Stingray Group (TSE:RAY.A) Deserve A Spot On Your Watchlist?
Jan 24Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075
Nov 17Is Stingray Group (TSE:RAY.A) Using Too Much Debt?
Nov 07Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075
Aug 27Stingray Group (TSE:RAY.A) Will Pay A Dividend Of CA$0.075
Aug 13Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075
May 07Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075
Mar 28Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075
Feb 12Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075
Nov 26Stingray Group (TSE:RAY.A) Is Due To Pay A Dividend Of CA$0.075
Aug 24Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075
Aug 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -CA$24m |
| Jun 30 2024 | n/a | n/a | -CA$21m |
| Mar 31 2024 | CA$1m | CA$538k | -CA$14m |
| Dec 31 2023 | n/a | n/a | CA$37m |
| Sep 30 2023 | n/a | n/a | CA$41m |
| Jun 30 2023 | n/a | n/a | CA$35m |
| Mar 31 2023 | CA$1m | CA$523k | CA$30m |
| Dec 31 2022 | n/a | n/a | CA$30m |
| Sep 30 2022 | n/a | n/a | CA$30m |
| Jun 30 2022 | n/a | n/a | CA$38m |
| Mar 31 2022 | CA$1m | CA$512k | CA$33m |
| Dec 31 2021 | n/a | n/a | CA$41m |
| Sep 30 2021 | n/a | n/a | CA$42m |
| Jun 30 2021 | n/a | n/a | CA$42m |
| Mar 31 2021 | CA$1m | CA$183k | CA$45m |
| Dec 31 2020 | n/a | n/a | CA$25m |
| Sep 30 2020 | n/a | n/a | CA$19m |
| Jun 30 2020 | n/a | n/a | CA$12m |
| Mar 31 2020 | CA$976k | CA$488k | CA$14m |
| Dec 31 2019 | n/a | n/a | CA$26m |
| Sep 30 2019 | n/a | n/a | CA$256k |
| Jun 30 2019 | n/a | n/a | -CA$4m |
| Mar 31 2019 | CA$1m | CA$479k | -CA$12m |
| Dec 31 2018 | n/a | n/a | -CA$11m |
| Sep 30 2018 | n/a | n/a | CA$8m |
| Jun 30 2018 | n/a | n/a | CA$3m |
| Mar 31 2018 | CA$1m | CA$463k | CA$2m |
Compensation vs Market: Eric's total compensation ($USD977.16K) is about average for companies of similar size in the Canadian market ($USD1.15M).
Compensation vs Earnings: Eric's compensation has increased whilst the company is unprofitable.
CEO
Eric Boyko (54 yo)
17.9yrs
Tenure
CA$1,402,880
Compensation
Mr. Eric Boyko, CGA, C.P.A., Co-founded Stingray Group Inc. (formerly known as Stingray Digital Group Inc.) in 2007 and has been its President and Chief Executive Officer since 2010 and also serves as its...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 17.9yrs | CA$1.40m | 3.11% CA$ 15.8m | |
| Chief Financial Officer | 13.9yrs | CA$751.60k | 0.25% CA$ 1.3m | |
| Senior VP & CTO | 17.9yrs | CA$725.23k | 0.34% CA$ 1.7m | |
| Senior VP | 9.8yrs | CA$925.02k | 0.31% CA$ 1.6m | |
| Senior Vice President of Marketing & Communications | 11.9yrs | CA$717.35k | 0.17% CA$ 874.0k | |
| Vice-President of Operations & International Finance | no data | no data | no data | |
| Head of Content Distribution - United States | 8.3yrs | no data | no data | |
| Chief Revenue Officer | 6.3yrs | CA$985.21k | 0.77% CA$ 3.9m | |
| Senior Vice-President of Advertising Sales | 6.2yrs | no data | no data | |
| Senior Vice President of Legal & Strategic Affairs | less than a year | no data | no data | |
| Chief Revenue Office of Stingray Advertising | 1.9yrs | no data | no data | |
| President of Stingray Radio | less than a year | no data | no data |
8.3yrs
Average Tenure
54yo
Average Age
Experienced Management: RAY.A's management team is seasoned and experienced (8.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 18yrs | CA$1.40m | 3.11% CA$ 15.8m | |
| Independent Non-Executive Director | 17yrs | CA$97.66k | 0.57% CA$ 2.9m | |
| Independent Non-Executive Director | 9.7yrs | CA$85.23k | no data | |
| Non-Independent Director | less than a year | CA$939.66k | 0.033% CA$ 168.3k | |
| Independent Non-Executive Director | 9.7yrs | CA$71.10k | 8.55% CA$ 43.3m | |
| Independent Chairman | 9.7yrs | CA$133.51k | 8.32% CA$ 42.2m | |
| Independent Non-Executive Director | 17.7yrs | no data | 3.01% CA$ 15.3m | |
| Independent Non-Executive Director | 9.7yrs | CA$95.69k | 0.11% CA$ 559.3k | |
| Independent Director | 3.8yrs | CA$78.59k | no data | |
| Independent Director | 2.3yrs | CA$71.36k | no data |
9.7yrs
Average Tenure
54.5yo
Average Age
Experienced Board: RAY.A's board of directors are considered experienced (9.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 18:53 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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
Stingray Group Inc. is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tim Casey | BMO Capital Markets Equity Research |
| Aravinda Galappatthige | Canaccord Genuity |
| Scott Fletcher | CIBC Capital Markets |