ProMIS Neurosciences, Inc.

TSX:PMN Stock Report

Market Cap: CA$51.5m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

ProMIS Neurosciences Management

Management criteria checks 2/4

ProMIS Neurosciences' CEO is Gail Farfel, appointed in Sep 2022, they has a tenure of less than a year. Their total yearly compensation is $1.02M , comprised of 14.2% salary and 85.8% bonuses, including company stock and options. They directly owns 0.023% of the company’s shares, worth CA$12.00K. The average tenure of the management team and the board of directors is 3.7 years and 5.3 years respectively.

Key information

Gail Farfel

Chief executive officer

US$1.0m

Total compensation

CEO salary percentage14.18%
CEO tenureless than a year
CEO ownership0.02%
Management average tenure3.7yrs
Board average tenure5.3yrs

Recent management updates

Recent updates

We're A Little Worried About ProMIS Neurosciences' (TSE:PMN) Cash Burn Rate

Oct 11
We're A Little Worried About ProMIS Neurosciences' (TSE:PMN) Cash Burn Rate

Despite Lacking Profits ProMIS Neurosciences (TSE:PMN) Seems To Be On Top Of Its Debt

Jun 23
Despite Lacking Profits ProMIS Neurosciences (TSE:PMN) Seems To Be On Top Of Its Debt

Is ProMIS Neurosciences (TSE:PMN) A Risky Investment?

Mar 07
Is ProMIS Neurosciences (TSE:PMN) A Risky Investment?

Is ProMIS Neurosciences (TSE:PMN) A Risky Investment?

Nov 19
Is ProMIS Neurosciences (TSE:PMN) A Risky Investment?

CEO Compensation Analysis

How has Gail Farfel's remuneration changed compared to ProMIS Neurosciences's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2023n/an/a

-US$21m

Dec 31 2022US$1mUS$144k

-US$18m

Compensation vs Market: Gail's total compensation ($USD1.02M) is above average for companies of similar size in the Canadian market ($USD184.46K).

Compensation vs Earnings: Insufficient data to compare Gail's compensation with company performance.


CEO

Gail Farfel (59 yo)

less than a year

Tenure

US$1,017,163

Compensation

Dr. Gail M. Farfel, Ph D., serves as Chief Executive Officer of ProMIS Neurosciences, Inc. since September 19, 2022 and serves as its Director from June 29, 2023. She serves as Director at AVROBIO, Inc. si...


Leadership Team

NamePositionTenureCompensationOwnership
Eugene Williams
Co-Founder & Chairman8.1yrsUS$683.14k1.86%
CA$ 959.6k
Gail Farfel
CEO & Directorless than a yearUS$1.02m0.023%
CA$ 12.0k
Neil Cashman
Founder19.2yrsUS$577.72k1.22%
CA$ 625.7k
Gavin Malenfant
Chief Operating Officer1.8yrsUS$413.49k0%
CA$ 0
Daniel Geffken
Chief Financial Officer6.3yrsUS$142.40k0.068%
CA$ 35.1k
Johanne Kaplan
Chief Development Officer7yrsUS$525.57k0.074%
CA$ 37.9k
Ernest Bush
Head of Pharmacology/Toxicology & Senior Consultant5.3yrsno datano data
David Wishart
Chief Physics Officer2.2yrsno datano data
Dennis Chen
Head of Manufacturing & Senior Consultantno datano datano data
Larry Altstiel
Chief Medical Officer1.3yrsno datano data

3.7yrs

Average Tenure

64yo

Average Age

Experienced Management: PMN's management team is considered experienced (3.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Eugene Williams
Co-Founder & Chairman8.1yrsUS$683.14k1.86%
CA$ 959.6k
Gail Farfel
CEO & Directorless than a yearUS$1.02m0.023%
CA$ 12.0k
Neil Cashman
Founder16.5yrsUS$577.72k1.22%
CA$ 625.7k
Timothy Rothwell
Member of Business Advisory Board4.4yrsno datano data
William Wyman
Independent Director9.3yrsUS$40.00k0.73%
CA$ 377.6k
Nigel Burns
Member of Business Advisory Boardno datano datano data
Rudolph Tanzi
Chair of Scientific Advisory Board4.6yrsno datano data
William Mobley
Member of Scientific Advisory Board6.1yrsno datano data
Neil K. Warma
Independent Director2.2yrsUS$40.00k0%
CA$ 0
Patrick Kirwin
Independent Director8.1yrsUS$40.00k0.91%
CA$ 468.6k
Sharon Cohen
Member of Scientific Advisory Board5.3yrsno datano data
Madge Shafmaster
Lead Independent Director1.8yrsUS$40.00k0%
CA$ 0

5.3yrs

Average Tenure

64yo

Average Age

Experienced Board: PMN's board of directors are considered experienced (5.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/07/25 16:07
End of Day Share Price 2023/07/21 00:00
Earnings2023/03/31
Annual Earnings2022/12/31

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

ProMIS Neurosciences, Inc. 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
Thomas ShraderBTIG
Francis Edward HickmanGuggenheim Securities, LLC
Douglas LoeLeede Financial Inc