Planet 13 Holdings Inc.

CNSX:PLTH Stock Report

Market Cap: CA$172.3m

Planet 13 Holdings Management

Management criteria checks 3/4

Planet 13 Holdings' CEO is Bob Groesbeck, appointed in Jun 2018, has a tenure of 6.5 years. total yearly compensation is $568.43K, comprised of 88% salary and 12% bonuses, including company stock and options. directly owns 12.03% of the company’s shares, worth CA$20.74M. The average tenure of the management team and the board of directors is 6.5 years and 5.5 years respectively.

Key information

Bob Groesbeck

Chief executive officer

US$568.4k

Total compensation

CEO salary percentage88.0%
CEO tenure6.5yrs
CEO ownership12.0%
Management average tenure6.5yrs
Board average tenure5.5yrs

Recent management updates

Recent updates

Positive Sentiment Still Eludes Planet 13 Holdings Inc. (CSE:PLTH) Following 28% Share Price Slump

Dec 13
Positive Sentiment Still Eludes Planet 13 Holdings Inc. (CSE:PLTH) Following 28% Share Price Slump

Is Planet 13 Holdings (CSE:PLTH) A Risky Investment?

Nov 07
Is Planet 13 Holdings (CSE:PLTH) A Risky Investment?

Planet 13 Holdings Inc. (CSE:PLTH) Stocks Shoot Up 26% But Its P/S Still Looks Reasonable

Aug 22
Planet 13 Holdings Inc. (CSE:PLTH) Stocks Shoot Up 26% But Its P/S Still Looks Reasonable

The Market Lifts Planet 13 Holdings Inc. (CSE:PLTH) Shares 25% But It Can Do More

May 01
The Market Lifts Planet 13 Holdings Inc. (CSE:PLTH) Shares 25% But It Can Do More

Market Cool On Planet 13 Holdings Inc.'s (CSE:PLTH) Revenues Pushing Shares 26% Lower

Mar 17
Market Cool On Planet 13 Holdings Inc.'s (CSE:PLTH) Revenues Pushing Shares 26% Lower

Revenues Tell The Story For Planet 13 Holdings Inc. (CSE:PLTH)

Jan 06
Revenues Tell The Story For Planet 13 Holdings Inc. (CSE:PLTH)

Sentiment Still Eluding Planet 13 Holdings Inc. (CSE:PLTH)

Aug 17
Sentiment Still Eluding Planet 13 Holdings Inc. (CSE:PLTH)

Revenue Downgrade: Here's What Analysts Forecast For Planet 13 Holdings Inc. (CSE:PLTH)

Nov 28
Revenue Downgrade: Here's What Analysts Forecast For Planet 13 Holdings Inc. (CSE:PLTH)

We Think Shareholders Will Probably Be Generous With Planet 13 Holdings Inc.'s (CSE:PLTH) CEO Compensation

Jul 07
We Think Shareholders Will Probably Be Generous With Planet 13 Holdings Inc.'s (CSE:PLTH) CEO Compensation

Planet 13 Holdings Inc.'s (CSE:PLTH) Has Found A Path To Profitability

May 07
Planet 13 Holdings Inc.'s (CSE:PLTH) Has Found A Path To Profitability

The Planet 13 Holdings (CSE:PLTH) Share Price Has Soared 333%, Delighting Many Shareholders

Mar 03
The Planet 13 Holdings (CSE:PLTH) Share Price Has Soared 333%, Delighting Many Shareholders

The Chief Financial Officer of Planet 13 Holdings Inc. (CSE:PLTH), Dennis Logan, Just Sold 33% Of Their Holding

Jan 09
The Chief Financial Officer of Planet 13 Holdings Inc. (CSE:PLTH), Dennis Logan, Just Sold 33% Of Their Holding

Are Insiders Selling Planet 13 Holdings Inc. (CSE:PLTH) Stock?

Dec 23
Are Insiders Selling Planet 13 Holdings Inc. (CSE:PLTH) Stock?

CEO Compensation Analysis

How has Bob Groesbeck's remuneration changed compared to Planet 13 Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$36m

Jun 30 2024n/an/a

-US$74m

Mar 31 2024n/an/a

-US$71m

Dec 31 2023US$568kUS$500k

-US$74m

Sep 30 2023n/an/a

-US$107m

Jun 30 2023n/an/a

-US$67m

Mar 31 2023n/an/a

-US$64m

Dec 31 2022US$823kUS$500k

-US$60m

Sep 30 2022n/an/a

-US$20m

Jun 30 2022n/an/a

-US$17m

Mar 31 2022n/an/a

-US$21m

Dec 31 2021US$6mUS$493k

-US$22m

Sep 30 2021n/an/a

-US$34m

Jun 30 2021n/an/a

-US$31m

Mar 31 2021n/an/a

-US$30m

Dec 31 2020US$334kUS$288k

-US$25m

Sep 30 2020n/an/a

-US$8m

Jun 30 2020n/an/a

-US$10m

Mar 31 2020n/an/a

-US$7m

Dec 31 2019US$1mUS$277k

-US$12m

Sep 30 2019n/an/a

-US$7m

Jun 30 2019n/an/a

-US$6m

Mar 31 2019n/an/a

-US$12m

Dec 31 2018US$778kUS$311k

-US$11m

Sep 30 2018n/an/a

-US$9m

Jun 30 2018n/an/a

-US$8m

Mar 31 2018n/an/a

-US$1m

Dec 31 2017US$207kUS$207k

-US$603k

Compensation vs Market: Bob's total compensation ($USD568.43K) is above average for companies of similar size in the Canadian market ($USD164.07K).

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

CEO

Bob Groesbeck (63 yo)

6.5yrs

Tenure

US$568,429

Compensation

Mr. Robert Allen Groesbeck, also known as Bob, serves as Co-Chief Executive Officer at Planet 13 Holdings Inc. since June 11, 2018 and also serves as its Co-Chairman of the Board since June 2018. He served...

Leadership Team

NamePositionTenureCompensationOwnership
Robert Groesbeck
Co-Chairman & Co-CEO6.5yrsUS$568.43k12.03%
CA$ 20.7m
Larry Scheffler
Co-Chairman & Co-CEO6.5yrsUS$557.41k12.23%
CA$ 21.1m
Dennis Logan
Chief Financial Officer6.5yrsUS$320.91k0.086%
CA$ 148.9k
Christopher Wren
Vice President of Operations10.8yrsUS$473.41k1.22%
CA$ 2.1m
Lee Fraser
Chief Administrative Officerless than a yearUS$60.77k0.031%
CA$ 54.0k
Tatev Oganyan
General Counselless than a yearno datano data
Jillian Austin
National Head of Marketing Experiencesless than a yearno datano data
Sara Adams
Company Secretaryno datano datano data
William Vargas
Vice President of Finance6.5yrsUS$397.87kno data
Todd Hybels
Vice President of Midwestern Operationsno datano datano data

6.5yrs

Average Tenure

46yo

Average Age

Experienced Management: PLTH's management team is seasoned and experienced (6.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Robert Groesbeck
Co-Chairman & Co-CEO6.5yrsUS$568.43k12.03%
CA$ 20.7m
Larry Scheffler
Co-Chairman & Co-CEO6.5yrsUS$557.41k12.23%
CA$ 21.1m
Adrienne O'Neal
Independent Director5.5yrsUS$138.93k0.069%
CA$ 118.7k
Kevin Martin
Independent Directorless than a yearno datano data
David Loop
Directorless than a yearno data4.48%
CA$ 7.7m

5.5yrs

Average Tenure

63.5yo

Average Age

Experienced Board: PLTH's board of directors are considered experienced (5.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 12:12
End of Day Share Price 2024/12/20 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

Planet 13 Holdings Inc. is covered by 5 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
Doug CooperBeacon Securities Limited
Robert BurlesonCanaccord Genuity
Matt BottomleyCanaccord Genuity