4Front Ventures Corp.

CNSX:FFNT Stock Report

Market Cap: CA$27.5m

4Front Ventures Management

Management criteria checks 2/4

4Front Ventures' CEO is Andrew Thut, appointed in Jul 2021, has a tenure of 3.42 years. total yearly compensation is $1.93M, comprised of 18.1% salary and 81.9% bonuses, including company stock and options. directly owns 1.31% of the company’s shares, worth CA$359.37K. The average tenure of the management team and the board of directors is 2.5 years and 4 years respectively.

Key information

Andrew Thut

Chief executive officer

US$1.9m

Total compensation

CEO salary percentage18.1%
CEO tenure3.4yrs
CEO ownership1.3%
Management average tenure2.5yrs
Board average tenure4yrs

Recent management updates

Recent updates

More Unpleasant Surprises Could Be In Store For 4Front Ventures Corp.'s (CSE:FFNT) Shares After Tumbling 29%

Nov 08
More Unpleasant Surprises Could Be In Store For 4Front Ventures Corp.'s (CSE:FFNT) Shares After Tumbling 29%

Investors Give 4Front Ventures Corp. (CSE:FFNT) Shares A 33% Hiding

Aug 15
Investors Give 4Front Ventures Corp. (CSE:FFNT) Shares A 33% Hiding

Market Cool On 4Front Ventures Corp.'s (CSE:FFNT) Revenues Pushing Shares 34% Lower

Feb 16
Market Cool On 4Front Ventures Corp.'s (CSE:FFNT) Revenues Pushing Shares 34% Lower

Little Excitement Around 4Front Ventures Corp.'s (CSE:FFNT) Earnings As Shares Take 28% Pounding

Jun 13
Little Excitement Around 4Front Ventures Corp.'s (CSE:FFNT) Earnings As Shares Take 28% Pounding

Health Check: How Prudently Does 4Front Ventures (CSE:FFNT) Use Debt?

Jun 07
Health Check: How Prudently Does 4Front Ventures (CSE:FFNT) Use Debt?

Is 4Front Ventures (CSE:FFNT) Using Too Much Debt?

Jan 08
Is 4Front Ventures (CSE:FFNT) Using Too Much Debt?

4Front Ventures (CSE:FFNT) Is Making Moderate Use Of Debt

Sep 08
4Front Ventures (CSE:FFNT) Is Making Moderate Use Of Debt

CEO Compensation Analysis

How has Andrew Thut's remuneration changed compared to 4Front Ventures's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$35m

Jun 30 2024n/an/a

-US$55m

Mar 31 2024n/an/a

-US$55m

Dec 31 2023US$2mUS$351k

-US$45m

Sep 30 2023n/an/a

-US$51m

Jun 30 2023n/an/a

-US$29m

Mar 31 2023n/an/a

-US$23m

Dec 31 2022US$2mUS$340k

-US$21m

Sep 30 2022n/an/a

-US$26m

Jun 30 2022n/an/a

-US$27m

Mar 31 2022n/an/a

-US$33m

Dec 31 2021US$300kUS$300k

-US$38m

Sep 30 2021n/an/a

-US$54m

Jun 30 2021n/an/a

-US$58m

Mar 31 2021n/an/a

-US$62m

Dec 31 2020US$624kUS$223k

-US$60m

Sep 30 2020n/an/a

-US$185m

Jun 30 2020n/an/a

-US$187m

Mar 31 2020n/an/a

-US$183m

Dec 31 2019US$316kUS$213k

-US$179m

Compensation vs Market: Andrew's total compensation ($USD1.93M) is above average for companies of similar size in the Canadian market ($USD163.68K).

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

CEO

Andrew Thut (50 yo)

3.4yrs

Tenure

US$1,934,999

Compensation

Mr. Andrew Fisher Thut had been Chief Investment Officer at 4Front Ventures Corp. since October 2014 until 2024 as well as has been its Chief Executive Officer since January 8, 2024 and served as its Inter...

Leadership Team

NamePositionTenureCompensationOwnership
Kristopher Krane
Co-Founder1.8yrsUS$189.53k1.14%
CA$ 312.5k
Andrew Thut
CEO & Corporate Secretary3.4yrsUS$1.93m1.31%
CA$ 359.4k
Karl Chowscano
Presidentno datano data2.75%
CA$ 753.9k
Michael Kronberg
Interim Chief Financial Officerless than a yearno datano data
Christopher Wimmer
General Counsel2.5yrsno datano data
Gabe Mendoza
Executive Vice President of Retail Operationsno datano datano data
Tera Martin
Chief of Staffno datano datano data
Raymond Landgraf
President of Business Development2.5yrsno datano data
Brandon Mills
Executive Vice President2.5yrsno datano data
Matthew Stevens
VP of Operations - Illinois & Head of Cultivationno datano datano data

2.5yrs

Average Tenure

Experienced Management: FFNT's management team is considered experienced (2.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kristopher Krane
Co-Founder1.8yrsUS$189.53k1.14%
CA$ 312.5k
Chetan Gulati
Director4yrsUS$124.48kno data
Roman Tkachenko
Director4yrsUS$228.00k1.27%
CA$ 348.7k
Leonid Gontmakher
Non Independent Director5.3yrsUS$697.14k4.48%
CA$ 1.2m
David Daily
Independent Director5.4yrsUS$176.70k0.0024%
CA$ 658.9

4.0yrs

Average Tenure

43yo

Average Age

Experienced Board: FFNT's board of directors are considered experienced (4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 07:04
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

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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

4Front Ventures Corp. 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
Jonathan DeCourceyBTIG
Matt BottomleyCanaccord Genuity
Ty CollinEight Capital