Delota Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Robert Wickham

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	3yrs
CEO ownership	2.7%
Management average tenure	3yrs
Board average tenure	5yrs

Recent management updates

Recent updates

Delota Corp.'s (CSE:NIC) Subdued P/S Might Signal An Opportunity

Apr 04

Delota Corp.'s (CVE:LOTA) Shares Lagging The Market But So Is The Business

Apr 17

CEO Compensation Analysis

How has Robert Wickham's remuneration changed compared to Delota's earnings?
Date	Total Compensation	Salary	Company Earnings
Oct 31 2023	n/a	n/a	-CA$1m
Jul 31 2023	n/a	n/a	-CA$692k
Apr 30 2023	n/a	n/a	-CA$596k
Jan 31 2023	n/a	n/a	CA$8m
Oct 31 2022	n/a	n/a	CA$499k
Jul 31 2022	n/a	n/a	CA$51k
Apr 30 2022	n/a	n/a	-CA$683k
Jan 31 2022	CA$128k	CA$128k	-CA$9m

Compensation vs Market: Insufficient data to establish whether Robert's total compensation is reasonable compared to companies of similar size in the Canadian market.

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

CEO

Robert Wickham

3yrs

Tenure

CA$127,967

Compensation

Mr. Robert Cameron-Takehiko Wickham serves as an Executive Vice Chairman, Chief Executive Officer & Corporate Secretary at Delota Corp. (formerly known as Spyder Cannabis Inc.) since May 7, 2021. He serves...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mark Pelchovitz	Executive Chairman	5yrs	CA$49.00k	10.09% CA$ 468.0k
Robert Wickham	Executive Vice Chairman	3yrs	CA$127.97k	2.73% CA$ 126.7k
Ankit Gosain	Chief Financial Officer	3yrs	CA$97.86k	1.8% CA$ 83.7k
Christina Pan	Chief Operating Officer	3yrs	CA$178.31k	0.43% CA$ 20.0k
Daniel Pelchovitz	Director & CEO of Cannabis Division	5yrs	CA$116.30k	2.94% CA$ 136.6k

3.0yrs

Average Tenure

Experienced Management: NIC's management team is considered experienced (3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mark Pelchovitz	Executive Chairman	5yrs	CA$49.00k	10.09% CA$ 468.0k
Robert Wickham	Executive Vice Chairman	3yrs	CA$127.97k	2.73% CA$ 126.7k
Daniel Pelchovitz	Director & CEO of Cannabis Division	5yrs	CA$116.30k	2.94% CA$ 136.6k
Steven Glaser	Independent Director	5yrs	CA$9.00k	0.90% CA$ 41.5k
Marc Askenasi	Director	2.8yrs	CA$9.00k	1.21% CA$ 56.2k

5.0yrs

Average Tenure

Experienced Board: NIC's board of directors are considered experienced (5 years average tenure).

Delota Management

Management criteria checks 2/4

Key information

Recent management updates

Less than half of directors are independent

Less than half of directors are independent

Spyder Cannabis Inc., Annual General Meeting, Jul 12, 2021

Spyder Cannabis Inc. Announces Resignation of Benjamin Leung as Independent Director

Recent updates

Delota Corp.'s (CSE:NIC) Subdued P/S Might Signal An Opportunity

Delota Corp. announced that it has received CAD 0.9 million in funding from Plaza Capital Advisors

Delota Corp. announced that it has received CAD 0.9 million in funding from Eupraxia Pharmaceuticals Inc.

Delota Corp. announced that it expects to receive CAD 0.9 million in funding

Second quarter 2024 earnings released: CA$0.006 loss per share (vs CA$0.003 loss in 2Q 2023)

New minor risk - Shareholder dilution

First quarter 2024 earnings released: CA$0.012 loss per share (vs CA$0.42 profit in 1Q 2023)

Full year 2023 earnings released: EPS: CA$0.31 (vs CA$0.65 loss in FY 2022)

Delota Corp.'s (CVE:LOTA) Shares Lagging The Market But So Is The Business

Third quarter 2023 earnings released: EPS: CA$0 (vs CA$0.03 loss in 3Q 2022)

Less than half of directors are independent

Second quarter 2023 earnings released: CA$0.003 loss per share (vs CA$0.055 loss in 2Q 2022)

First quarter 2023 earnings released: EPS: CA$0.42 (vs CA$0.019 loss in 1Q 2022)

Full year 2022 earnings released: CA$0.65 loss per share (vs CA$0.15 loss in FY 2021)

Less than half of directors are independent

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2022 earnings released: CA$0.055 loss per share (vs CA$0.046 loss in 2Q 2021)

First quarter 2022 earnings released: CA$0.004 loss per share (vs CA$0.008 loss in 1Q 2021)

Full year 2021 earnings released: CA$0.029 loss per share (vs CA$0.072 loss in FY 2020)

Spyder Cannabis Inc. announced that it has received CAD 1 million in funding

Spyder Cannabis Inc., Annual General Meeting, Jul 12, 2021

Spyder Cannabis Inc. (TSXV:SPDR) entered into a binding agreement to acquire 180 Smoke LLC.

Third quarter 2021 earnings released: CA$0.003 loss per share

Spyder Cannabis Inc. Announces Resignation of Benjamin Leung as Independent Director

Spyder Cannabis Inc. and The Green Spyder Inc. and Spyder Cannabis Subco Inc. Provides Update for Niagara Falls and Cannabis Dispensary and Calgary Cannabis Dispensary

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure