HS GovTech Solutions Inc.

CNSX:HS Stock Report

Market Cap: CA$29.8m

HS GovTech Solutions Management

Management criteria checks 2/4

HS GovTech Solutions' CEO is Silas Garrison, appointed in Sep 2018, has a tenure of 5.17 years. total yearly compensation is $265.56K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 3.28% of the company’s shares, worth CA$978.03K. The average tenure of the management team and the board of directors is 5 years and 6.9 years respectively.

Key information

Silas Garrison

Chief executive officer

US$265.6k

Total compensation

CEO salary percentage100.0%
CEO tenure5.2yrs
CEO ownership3.3%
Management average tenure5yrs
Board average tenure6.9yrs

Recent management updates

Recent updates

HS GovTech Solutions (CSE:HS) Is Carrying A Fair Bit Of Debt

Sep 19
HS GovTech Solutions (CSE:HS) Is Carrying A Fair Bit Of Debt

Here's Why We're Not Too Worried About HealthSpace Data Systems' (CSE:HS) Cash Burn Situation

Apr 30
Here's Why We're Not Too Worried About HealthSpace Data Systems' (CSE:HS) Cash Burn Situation

CEO Compensation Analysis

How has Silas Garrison's remuneration changed compared to HS GovTech Solutions's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2023n/an/a

-US$6m

Mar 31 2023n/an/a

-US$5m

Dec 31 2022US$266kUS$266k

-US$5m

Sep 30 2022n/an/a

-US$5m

Jun 30 2022n/an/a

-US$3m

Mar 31 2022n/an/a

-US$5m

Dec 31 2021US$250kUS$250k

-US$5m

Sep 30 2021n/an/a

-US$5m

Jun 30 2021n/an/a

-US$6m

Mar 31 2021n/an/a

-US$4m

Dec 31 2020US$284kUS$83k

-US$3m

Oct 31 2020n/an/a

-US$2m

Jul 31 2020n/an/a

-US$2m

Apr 30 2020n/an/a

-US$859k

Jan 31 2020n/an/a

-US$1m

Oct 31 2019n/an/a

-US$775k

Jul 31 2019US$91kUS$91k

-US$753k

Apr 30 2019n/an/a

-US$766k

Jan 31 2019n/an/a

-US$1m

Oct 31 2018n/an/a

-US$1m

Jul 31 2018US$113kUS$100k

-US$943k

Apr 30 2018n/an/a

-US$1m

Jan 31 2018n/an/a

-US$1m

Oct 31 2017n/an/a

-US$1m

Jul 31 2017US$72kn/a

-US$2m

Compensation vs Market: Silas's total compensation ($USD265.56K) is above average for companies of similar size in the Canadian market ($USD181.05K).

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


CEO

Silas Garrison (35 yo)

5.2yrs

Tenure

US$265,557

Compensation

Mr. Silas Garrison has been the Chief Executive Officer and Director of HS GovTech Solutions Inc. (formerly known as HealthSpace Data Systems Ltd.) since September 06, 2018 and May 03, 2016 respectively. M...


Leadership Team

NamePositionTenureCompensationOwnership
Ali Hakimzadeh
Executive Chairman8.5yrsUS$209.15k4.34%
$ 1.3m
Silas Garrison
CEO & Director5.2yrsUS$265.56k3.28%
$ 978.0k
Dean Christie
Chief Financial Officer2.2yrsUS$88.03k0.089%
$ 26.5k
Theo Yeung
Vice President of Sales & Growth4.8yrsno datano data
Warwick Smith
Member of Advisory Boardno dataUS$44.92kno data

5.0yrs

Average Tenure

46yo

Average Age

Experienced Management: HS's management team is seasoned and experienced (5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ali Hakimzadeh
Executive Chairman8.5yrsUS$209.15k4.34%
$ 1.3m
Silas Garrison
CEO & Director7.5yrsUS$265.56k3.28%
$ 978.0k
Warwick Smith
Member of Advisory Board7yrsUS$44.92kno data
George Moen
Chair of the Advisory Board6.8yrsno datano data
Alnesh Mohan
Independent Director7.1yrsUS$5.29k0.033%
$ 9.9k
Nicholas Jeffery
Member of Advisory Board4.9yrsno datano data
Mark Redcliffe
Independent Director5.3yrsUS$5.29kno data
Matthew Eierman
Member of the Advisory Board4.9yrsno datano data
Atul Jain
Member of Advisory Boardno datano datano data

6.9yrs

Average Tenure

51yo

Average Age

Experienced Board: HS's board of directors are considered experienced (6.9 years average tenure).


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