Innovotech Inc.

TSXV:IOT Stock Report

Market Cap: CA$7.2m

Innovotech Management

Management criteria checks 2/4

Innovotech's CEO is Craig Milne, appointed in Aug 2023, has a tenure of 1.25 years. total yearly compensation is CA$643.19K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 1.76% of the company’s shares, worth CA$125.76K. The average tenure of the management team and the board of directors is 2.1 years and 5.3 years respectively.

Key information

Craig Milne

Chief executive officer

CA$643.2k

Total compensation

CEO salary percentage100.0%
CEO tenure1.3yrs
CEO ownership1.8%
Management average tenure2.1yrs
Board average tenure5.3yrs

Recent management updates

Recent updates

Estimating The Intrinsic Value Of Innovotech Inc. (CVE:IOT)

Oct 12
Estimating The Intrinsic Value Of Innovotech Inc. (CVE:IOT)

Would Financials Be Able To Push Innovotech Inc.'s (CVE:IOT) Stock Prices Higher In The Near Future?

Mar 02
Would Financials Be Able To Push Innovotech Inc.'s (CVE:IOT) Stock Prices Higher In The Near Future?

Should You Take Comfort From Insider Transactions At Innovotech Inc. (CVE:IOT)?

Jan 08
Should You Take Comfort From Insider Transactions At Innovotech Inc. (CVE:IOT)?

CEO Compensation Analysis

How has Craig Milne's remuneration changed compared to Innovotech's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$268k

Jun 30 2024n/an/a

-CA$364k

Mar 31 2024n/an/a

-CA$177k

Dec 31 2023CA$643kCA$643k

-CA$158k

Sep 30 2023n/an/a

-CA$211k

Jun 30 2023n/an/a

-CA$52k

Mar 31 2023n/an/a

-CA$187k

Dec 31 2022n/an/a

-CA$137k

Sep 30 2022n/an/a

CA$150k

Jun 30 2022n/an/a

CA$86k

Mar 31 2022n/an/a

CA$313k

Dec 31 2021CA$6kn/a

CA$367k

Compensation vs Market: Craig's total compensation ($USD460.16K) is above average for companies of similar size in the Canadian market ($USD169.13K).

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

CEO

Craig Milne

1.3yrs

Tenure

CA$643,188

Compensation

Dr. Craig Milne BSc, PhD, MBA, serves as Director of Innovotech Inc. since July 19, 2019 and serves as its Chief Executive Officer since August 01, 2023 and serves as its President from 2023. Dr. Milne is...

Leadership Team

NamePositionTenureCompensationOwnership
James Timourian
Chairman & Secretary22.1yrsCA$12.00k4.99%
CA$ 356.7k
Craig Milne
President1.3yrsCA$643.19k1.76%
CA$ 125.8k
Bernard Grobbelaar
Chief Financial Officerless than a yearCA$76.38k0.086%
CA$ 6.1k
Tyler Boone
Chief Operating Officer3.6yrsno data0.30%
CA$ 21.3k
Patricia Nadworny
Chief Scientific Officer and Quality & Safety Director2.9yrsno datano data
Merle Olson
Scientific Consultantno datano datano data

2.1yrs

Average Tenure

Experienced Management: IOT's management team is considered experienced (2.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
James Timourian
Chairman & Secretary22.1yrsCA$12.00k4.99%
CA$ 356.7k
Craig Milne
President5.3yrsCA$643.19k1.76%
CA$ 125.8k
Karen Farkas
Independent Director4.9yrsno data0.23%
CA$ 16.6k
Shong-Tak Tam
Independent Director6.3yrsCA$55.08k4.52%
CA$ 322.9k
Julienne Wright
Independent Director1.3yrsno datano data

5.3yrs

Average Tenure

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