Parkit Enterprise Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Iqbal Khan

Chief executive officer

CA$129.0k

Total compensation

CEO salary percentage	n/a
CEO tenure	2.9yrs
CEO ownership	2.1%
Management average tenure	no data
Board average tenure	4.7yrs

Recent management updates

Recent updates

These 4 Measures Indicate That Parkit Enterprise (CVE:PKT) Is Using Debt Extensively

Feb 16

CEO

Iqbal Khan

2.9yrs

Tenure

CA$129,000

Compensation

Mr. Iqbal Khan serves as Director at Parkit Enterprise Inc. since December 29, 2020 and also serves as its Chief Executive Officer since June 28, 2021. Mr. Khan has been the Chief Financial Officer at Stor...

Board Members

Name	Position	Tenure	Compensation	Ownership
Iqbal Khan	CEO & Director	3.4yrs	CA$129.00k	2.07% CA$ 2.9m
Brad Dunkley	Independent Director	7yrs	CA$44.00k	4.88% CA$ 6.9m
Robert Tamblyn	Independent Director	3.1yrs	CA$44.00k	1.33% CA$ 1.9m
Steven Scott	Chairman	3.4yrs	CA$129.00k	12.41% CA$ 17.4m
Avrohom Geller	Director	6yrs	CA$44.00k	0.026% CA$ 36.6k
David Delaney	Independent Director	6yrs	CA$44.00k	0.43% CA$ 609.5k

4.7yrs

Average Tenure

47yo

Average Age

Experienced Board: PKT's board of directors are considered experienced (4.7 years average tenure).

Parkit Enterprise Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

Parkit Enterprise Inc., Annual General Meeting, May 28, 2024

Parkit Enterprise Inc. Announces Executive Changes

Parkit Enterprise Inc. Announces Executive Changes

Less than half of directors are independent

Parkit Enterprise Inc. Announces Resignation of Julie Neault

Recent updates

Insufficient new directors

New minor risk - Market cap size

Parkit Enterprise Inc., Annual General Meeting, May 28, 2024

Full year 2023 earnings released: CA$0.022 loss per share (vs CA$0.015 loss in FY 2022)

These 4 Measures Indicate That Parkit Enterprise (CVE:PKT) Is Using Debt Extensively

New minor risk - Market cap size

Price target increased by 16% to CA$0.89

Parkit Enterprise Inc. (TSXV:PKT) agreed to acquire 82,400 square feet industrial building in Winnipeg for CAD 6.5 million.

Price target decreased by 13% to CA$0.76

New minor risk - Share price stability

Parkit Enterprise Inc. Announces Executive Changes

Parkit Enterprise Inc. Announces Executive Changes

Price target decreased by 13% to CA$0.94

Price target decreased by 11% to CA$1.03

Second quarter 2023 earnings released: EPS: CA$0.004 (vs CA$0.001 loss in 2Q 2022)

Now 23% undervalued after recent price drop

Now 20% undervalued after recent price drop

Estimating The Fair Value Of Parkit Enterprise Inc. (CVE:PKT)

Price target decreased by 7.4% to CA$1.10

First quarter 2023 earnings released: CA$0.005 loss per share (vs CA$0.002 loss in 1Q 2022)

Full year 2022 earnings released: CA$0.015 loss per share (vs CA$0.018 loss in FY 2021)

Is Parkit Enterprise (CVE:PKT) Using Too Much Debt?

Parkit Enterprise Inc. (TSXV:PKT) entered into an asset purchase agreement to acquire Portfolio of 10 industrial properties located in Winnipeg and Saskatchewan from two unknown sellers for CAD 90.25.

Third quarter 2022 earnings released: CA$0.001 loss per share (vs CA$0.001 profit in 3Q 2021)

Price target decreased to CA$1.23

Less than half of directors are independent

We Think Parkit Enterprise (CVE:PKT) Has A Fair Chunk Of Debt

Price target decreased to CA$1.27

Second quarter 2022 earnings released

Price target decreased to CA$1.50

Parkit Enterprise Inc. Announces Resignation of Julie Neault

Parkit Enterprise Inc. (TSXV:PKT) acquired 1155 Lola St., Ottawa, Ontario for CAD 17.6 million.

Parkit Enterprise Inc. completed the acquisition of 3455 Mainway Dr, Burlington, ON from a Vendor Group.

Now 20% undervalued after recent price drop

Less than half of directors are independent

Parkit Enterprise Inc., Annual General Meeting, Jun 21, 2022

Now 20% undervalued after recent price drop

Now 22% undervalued after recent price drop

Parkit Enterprise Inc. (TSXV:PKT) completed the acquisition of Class A Industrial Asset in London, Ontario.

Now 20% undervalued after recent price drop

Parkit Enterprise Inc. (TSXV:PKT) agreed to acquire Class A Industrial Asset in London, Ontario.

Parkit Enterprise Inc. (TSXV:PKT) completed the acquisition of 101,500 Square Feet 1485 Speers Road, Oakville, Ontario.

Parkit Enterprise Inc. (TSXV:PKT) agreed to acquire 101,500 Square Feet 1485 Speers Road, Oakville, Ontario for $18 million.

Parkit Enterprise Inc. (TSXV:PKT) entered into an asset purchase agreement to acquire class A industrial property in Ottawa for CAD 13.2 million.

Price target decreased to CA$1.75

Parkit Enterprise Inc. announced that it has received CAD 40.2615 million in funding

Parkit Enterprise Inc. (TSXV:PKT) completed the acquisition of Finch Ave East Property in Toronto.

Parkit Enterprise Inc. (TSXV:PKT) agreed to acquire a property located in Ottawa, Ontario from Access Self Storage Inc. for approximately CAD 29 million.

Parkit Enterprise Inc., Annual General Meeting, Apr 29, 2021

New 90-day high: CA$1.55

Parkit Enterprise Inc. announced that it has received CAD 84.000005 million in funding from Leonite Capital LLC, SRS Realty Group Inc., Nawoc Holdings Limited, KDI Corporation Ltd., and other investors

Parkit Enterprise Inc. announced that it expects to receive CAD 65.65 million in funding

New 90-day high: CA$1.30

Parkit Enterprise Inc. (TSXV:PKT) entered into an asset purchase agreement to acquire Finch Ave East Property in Toronto for $12.3 million.

New 90-day high: CA$0.77

Director recently bought CA$100k worth of stock

Parkit Enterprise Inc. announced that it has received CAD 10 million in funding from Leonite Capital LLC, B&M Miller Equity Holdings Inc. and other investors

Parkit Enterprise Inc. (TSXV:PKT) completed the acquisition of Finch Avenue East Property in Toronto and Paletta Court Property in Burlington, Ontario from SRS Realty Group Inc. and Access Self Storage Inc.

Parkit Enterprise Inc. announced that it expects to receive CAD 10 million in funding

CEO

Tenure

Compensation

Board Members

Average Tenure

Average Age