Covalon Technologies Ltd.

TSXV:COV Stock Report

Market Cap: CA$63.1m

Covalon Technologies Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Brent Ashton

Chief executive officer

CA$590.7k

Total compensation

CEO salary percentage70.4%
CEO tenure1.2yrs
CEO ownershipn/a
Management average tenure1.2yrs
Board average tenure4.9yrs

Recent management updates

Recent updates

Some Shareholders Feeling Restless Over Covalon Technologies Ltd.'s (CVE:COV) P/S Ratio

Feb 26
Some Shareholders Feeling Restless Over Covalon Technologies Ltd.'s (CVE:COV) P/S Ratio

Subdued Growth No Barrier To Covalon Technologies Ltd. (CVE:COV) With Shares Advancing 29%

Nov 17
Subdued Growth No Barrier To Covalon Technologies Ltd. (CVE:COV) With Shares Advancing 29%

Covalon Technologies Ltd.'s (CVE:COV) 25% Share Price Surge Not Quite Adding Up

Aug 18
Covalon Technologies Ltd.'s (CVE:COV) 25% Share Price Surge Not Quite Adding Up

We Think Covalon Technologies (CVE:COV) Can Afford To Drive Business Growth

Aug 10
We Think Covalon Technologies (CVE:COV) Can Afford To Drive Business Growth

Optimistic Investors Push Covalon Technologies Ltd. (CVE:COV) Shares Up 83% But Growth Is Lacking

Jun 16
Optimistic Investors Push Covalon Technologies Ltd. (CVE:COV) Shares Up 83% But Growth Is Lacking

Covalon Technologies (CVE:COV) Is In A Good Position To Deliver On Growth Plans

May 01
Covalon Technologies (CVE:COV) Is In A Good Position To Deliver On Growth Plans

Covalon Technologies Ltd.'s (CVE:COV) Price Is Right But Growth Is Lacking After Shares Rocket 25%

Feb 17
Covalon Technologies Ltd.'s (CVE:COV) Price Is Right But Growth Is Lacking After Shares Rocket 25%

Insufficient Growth At Covalon Technologies Ltd. (CVE:COV) Hampers Share Price

Dec 22
Insufficient Growth At Covalon Technologies Ltd. (CVE:COV) Hampers Share Price

We Think Covalon Technologies (CVE:COV) Can Afford To Drive Business Growth

Sep 02
We Think Covalon Technologies (CVE:COV) Can Afford To Drive Business Growth

We Think Covalon Technologies (CVE:COV) Needs To Drive Business Growth Carefully

May 26
We Think Covalon Technologies (CVE:COV) Needs To Drive Business Growth Carefully

Is Covalon Technologies (CVE:COV) Using Too Much Debt?

Apr 29
Is Covalon Technologies (CVE:COV) Using Too Much Debt?

Covalon Technologies (CVE:COV) Is Making Moderate Use Of Debt

Dec 29
Covalon Technologies (CVE:COV) Is Making Moderate Use Of Debt

CEO Compensation Analysis

How has Brent Ashton's remuneration changed compared to Covalon Technologies's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

CA$5m

Sep 30 2024CA$591kCA$416k

CA$3m

Compensation vs Market: Brent's total compensation ($USD411.84K) is above average for companies of similar size in the Canadian market ($USD162.52K).

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

CEO

Brent Ashton

1.2yrs

Tenure

CA$590,698

Compensation

Mr. Brent Ashton is CEO & Director of Covalon Technologies Ltd. from January 4, 2024. Mr. Ashton is a seasoned executive with several years of experience.He was most recently at BD as Vice President and G...

Leadership Team

NamePositionTenureCompensationOwnership
Amir Boloor
Executive Chairman4.9yrsCA$575.14k4.27%
CA$ 2.7m
Brent Ashton
CEO & Director1.2yrsCA$590.70kno data
Katie Martinovich
Interim Chief Financial Officer1.1yrsCA$225.32kno data
Kimberley Crooks
Senior Vice President of Operations1.2yrsCA$367.64k0.11%
CA$ 68.7k
Valerio DiTizio
Co-Founder20.3yrsCA$177.00kno data
Greg Leszczynski
Vice President of Human Resources6.8yrsno datano data
Ronald Hebert
Senior Vice President of Growthno dataCA$474.78kno data
Gerry Arambula
President of Covalon Technologies AG Ltd.no dataCA$634.76kno data
Hamed Abbasian
Vice President of Business Developmentno dataCA$412.99kno data
Saleha Assadzada
Executive Assistant to the CEOno datano datano data

1.2yrs

Average Tenure

Experienced Management: COV's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Amir Boloor
Executive Chairman4.9yrsCA$575.14k4.27%
CA$ 2.7m
Brent Ashton
CEO & Director1.2yrsCA$590.70kno data
Abe Schwartz
Director17yrsCA$18.00k29.76%
CA$ 18.8m
Ronald Smith
Independent Director6yrsCA$60.00k0.11%
CA$ 69.0k
Martin Goldfarb
Director2yrsCA$45.60k0.13%
CA$ 79.4k
Joseph Cordiano
Lead Independent Director17yrsCA$60.00k0.33%
CA$ 207.0k
Samantha Nutt
Independent Director3yrsCA$45.60kno data

4.9yrs

Average Tenure

Experienced Board: COV's board of directors are considered experienced (4.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/21 15:53
End of Day Share Price 2025/03/21 00:00
Earnings2024/12/31
Annual Earnings2024/09/30

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

Covalon Technologies Ltd. is covered by 1 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
Andre UddinResearch Capital Corporation