Ionik Management
Management criteria checks 1/4
Ionik's CEO is Ted Hastings, appointed in Oct 2023, has a tenure of 1.25 years. total yearly compensation is $133.97K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 2.9% of the company’s shares, worth CA$920.10K. The average tenure of the management team and the board of directors is 1.7 years and 2.8 years respectively.
Key information
Ted Hastings
Chief executive officer
US$134.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 1.3yrs |
| CEO ownership | 2.9% |
| Management average tenure | 1.7yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
PopReach Corporation (CVE:INIK) Stock's 28% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Nov 12
PopReach Corporation (CVE:INIK) Shares Could Be 41% Below Their Intrinsic Value Estimate
Oct 31PopReach Corporation (CVE:INIK) Soars 33% But It's A Story Of Risk Vs Reward
Sep 05Positive Sentiment Still Eludes PopReach Corporation (CVE:INIK) Following 39% Share Price Slump
Apr 26Investors Aren't Entirely Convinced By PopReach Corporation's (CVE:INIK) Revenues
Feb 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$52m |
| Jun 30 2024 | n/a | n/a | -US$51m |
| Mar 31 2024 | n/a | n/a | -US$55m |
| Dec 31 2023 | US$134k | US$134k | -US$56m |
| Sep 30 2023 | n/a | n/a | -US$25m |
| Jun 30 2023 | n/a | n/a | -US$24m |
| Mar 31 2023 | n/a | n/a | -US$21m |
| Dec 31 2022 | US$59k | US$59k | -US$18m |
Compensation vs Market: Ted's total compensation ($USD133.97K) is about average for companies of similar size in the Canadian market ($USD166.88K).
Compensation vs Earnings: Ted's compensation has increased whilst the company is unprofitable.
CEO
Ted Hastings (50 yo)
1.3yrs
Tenure
US$133,965
Compensation
Mr. Edward William Hastings, also known as Ted, CA, is Director of CANPR Technology Ltd. He served as Independent Director of Monaghan Capital Fund Ltd. since February 14, 2022 until November October 31, 2...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.3yrs | US$133.97k | 2.9% CA$ 920.1k | |
| COO & Chief Development Officer | 2.1yrs | US$315.48k | no data | |
| Chief Operations Officer of Q1Media | no data | US$631.55k | 2.12% CA$ 673.4k | |
| President of Q1Media & CEO of Q1Media | no data | US$631.55k | 4.02% CA$ 1.3m | |
| Chief Revenue Officer of Q1Media | no data | US$640.41k | no data | |
| President | 2.1yrs | no data | 2.87% CA$ 912.7k | |
| Chief Financial Officer | no data | no data | 0% CA$ 0 | |
| General Counsel & Corporate Secretary | 2.8yrs | no data | no data | |
| Officer | 1.2yrs | no data | no data | |
| Officer | 1.2yrs | no data | no data |
1.7yrs
Average Tenure
49yo
Average Age
Experienced Management: INIK's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.8yrs | US$133.97k | 2.9% CA$ 920.1k | |
| Independent Director | 3.8yrs | US$51.87k | 0.033% CA$ 10.4k | |
| Independent Chair of the Board | 2.8yrs | US$59.70k | 0.032% CA$ 10.0k | |
| Independent Director | 2.8yrs | US$46.38k | 0.032% CA$ 10.0k | |
| Independent Director | 2.8yrs | US$57.57k | 0.032% CA$ 10.0k |
2.8yrs
Average Tenure
57yo
Average Age
Experienced Board: INIK's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 04:49 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| 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 |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Ionik Corporation is covered by 3 analysts. 2 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 |
|---|---|
| Gabriel Leung | Beacon Securities Limited |
| Aravinda Galappatthige | Canaccord Genuity |
| Adhir Kadve | Eight Capital |