Absolute Software Corporation

TSX:ABST Stock Report

Market Cap: CA$803.3m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Absolute Software Management

Management criteria checks 2/4

Absolute Software's CEO is Christy Wyatt, appointed in Nov 2018, has a tenure of 4.67 years. total yearly compensation is $3.32M, comprised of 14% salary and 86% bonuses, including company stock and options. directly owns 0.66% of the company’s shares, worth CA$5.34M. The average tenure of the management team and the board of directors is 3 years and 4.6 years respectively.

Key information

Christy Wyatt

Chief executive officer

US$3.3m

Total compensation

CEO salary percentage14.03%
CEO tenure4.7yrs
CEO ownership0.7%
Management average tenure3yrs
Board average tenure4.6yrs

Recent management updates

Recent updates

Analysis Article Apr 22

An Intrinsic Calculation For Absolute Software Corporation (TSE:ABST) Suggests It's 21% Undervalued

Key Insights Absolute Software's estimated fair value is CA$13.67 based on 2 Stage Free Cash Flow to Equity Absolute...
Analysis Article Feb 01

Absolute Software (TSE:ABST) Has Affirmed Its Dividend Of $0.08

Absolute Software Corporation's ( TSE:ABST ) investors are due to receive a payment of $0.08 per share on 23rd of...
Analysis Article Jan 04

Is There An Opportunity With Absolute Software Corporation's (TSE:ABST) 47% Undervaluation?

Key Insights Absolute Software's estimated fair value is US$27.8 based on 2 Stage Free Cash Flow to Equity Current...
Analysis Article Nov 08

Absolute Software (TSE:ABST) Has Affirmed Its Dividend Of $0.08

Absolute Software Corporation's ( TSE:ABST ) investors are due to receive a payment of $0.08 per share on 25th of...
Analysis Article Oct 23

Absolute Software's (TSE:ABST) Dividend Will Be $0.08

Absolute Software Corporation ( TSE:ABST ) will pay a dividend of $0.08 on the 25th of November. The dividend yield...
Analysis Article Jul 24

Absolute Software (TSE:ABST) Is Paying Out A Dividend Of $0.08

The board of Absolute Software Corporation ( TSE:ABST ) has announced that it will pay a dividend of $0.08 per share on...
Analysis Article Apr 28

Absolute Software's (TSE:ABST) Dividend Will Be CA$0.08

Absolute Software Corporation ( TSE:ABST ) will pay a dividend of CA$0.08 on the 25th of May. Based on this payment...
Analysis Article Mar 23

Is Absolute Software (TSE:ABST) Using Debt Sensibly?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jan 24

Absolute Software (TSE:ABST) Is Due To Pay A Dividend Of CA$0.08

The board of Absolute Software Corporation ( TSE:ABST ) has announced that it will pay a dividend of CA$0.08 per share...
Analysis Article Dec 08

Increases to Absolute Software Corporation's (TSE:ABST) CEO Compensation Might Cool off for now

Under the guidance of CEO Christy Wyatt, Absolute Software Corporation ( TSE:ABST ) has performed reasonably well...
Analysis Article Nov 13

Is Absolute Software (TSE:ABST) Using Debt Sensibly?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Aug 06

Absolute Software (TSE:ABST) Will Pay A Dividend Of CA$0.08

Absolute Software Corporation's ( TSE:ABST ) investors are due to receive a payment of CA$0.08 per share on 27th of...
Analysis Article Jul 23

Absolute Software (TSE:ABST) Has Affirmed Its Dividend Of CA$0.08

Absolute Software Corporation ( TSE:ABST ) has announced that it will pay a dividend of CA$0.08 per share on the 27th...
Analysis Article May 27

Calculating The Intrinsic Value Of Absolute Software Corporation (TSE:ABST)

In this article we are going to estimate the intrinsic value of Absolute Software Corporation ( TSE:ABST ) by...
Analysis Article Apr 28

Should You Investigate Absolute Software Corporation (TSE:ABST) At CA$18.65?

Absolute Software Corporation ( TSE:ABST ), is not the largest company out there, but it saw a double-digit share price...
Analysis Article Apr 13

Does Absolute Software Corporation (TSE:ABST) Have A Place In Your Dividend Portfolio?

Could Absolute Software Corporation ( TSE:ABST ) be an attractive dividend share to own for the long haul? Investors...
Analysis Article Mar 20

Will Absolute Software (TSE:ABST) Multiply In Value Going Forward?

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Mar 08

How Much Of Absolute Software Corporation (TSE:ABST) Do Institutions Own?

If you want to know who really controls Absolute Software Corporation ( TSE:ABST ), then you'll have to look at the...
Analysis Article Feb 24

Absolute Software Corporation (TSE:ABST) Shares Could Be 29% Above Their Intrinsic Value Estimate

Does the February share price for Absolute Software Corporation ( TSE:ABST ) reflect what it's really worth? Today, we...
Analysis Article Feb 11

Did You Participate In Any Of Absolute Software's (TSE:ABST) Fantastic 252% Return ?

When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...

CEO Compensation Analysis

How has Christy Wyatt's remuneration changed compared to Absolute Software's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2023n/an/a

-US$26m

Dec 31 2022n/an/a

-US$28m

Sep 30 2022n/an/a

-US$26m

Jun 30 2022US$3mUS$466k

-US$24m

Mar 31 2022n/an/a

-US$22m

Dec 31 2021n/an/a

-US$13m

Sep 30 2021n/an/a

-US$6m

Jun 30 2021US$2mUS$420k

US$4m

Mar 31 2021n/an/a

US$9m

Dec 31 2020n/an/a

US$9m

Sep 30 2020n/an/a

US$10m

Jun 30 2020US$1mUS$420k

US$11m

Mar 31 2020n/an/a

US$10m

Dec 31 2019n/an/a

US$11m

Sep 30 2019n/an/a

US$10m

Jun 30 2019US$3mUS$253k

US$8m

Compensation vs Market: Christy's total compensation ($USD3.32M) is above average for companies of similar size in the Canadian market ($USD1.83M).

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


CEO

Christy Wyatt (51 yo)

4.7yrs
Tenure
US$3,319,924
Compensation

Ms. Christy Wyatt serves as Chief Executive Officer of Absolute Software Corporation and Absolute Software, Inc. since November 26, 2018. She serves as Director at Telefonaktiebolaget LM Ericsson (publ) si...


Leadership Team

NamePositionTenureCompensationOwnership
Christy Wyatt
CEO, President & Director4.7yrsUS$3.32m0.66%
CA$ 5.3m
Peter Chess
General Counsel & Corporate Secretary1.3yrsUS$1.51m0.021%
CA$ 164.9k
Mark Grace
Chief Revenue Officerless than a yearUS$1.11m0.19%
CA$ 1.5m
James Lejeal
Chief Financial Officerless than a yearno datano data
Nicholas Van Someren
Chief Technology Officer4.3yrsUS$716.19k0.058%
CA$ 468.7k
Joo-Hun Kim
Investor Relationsno datano datano data
Alice Hansen
Chief Marketing Officerless than a yearno datano data
Robert Booker
Executive Vice President of Human Resources3yrsno datano data
Matt Meanchoff
Chief Customer Officer5.5yrsno datano data
Karen Reynolds
Chief Communications Officer4.3yrsno datano data
William Morris
Executive VP of Product Development & Engineering3.8yrsUS$1.20m0.16%
CA$ 1.3m
Edward Choi
Senior Vice President of Global Alliances2.1yrsno datano data
3.0yrs
Average Tenure
56.5yo
Average Age

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


Board Members

NamePositionTenureCompensationOwnership
Christy Wyatt
CEO, President & Director4.6yrsUS$3.32m0.66%
CA$ 5.3m
Paul Deninger
Member of Advisory Board3.5yrsno datano data
Arthur Coviello
Member of Advisory Board8.2yrsno datano data
Rebecca Atchison
Independent Director3.9yrsUS$185.00kno data
Gerhard Watzinger
Independent Director8.6yrsUS$180.00kno data
Daniel Ryan
Independent Chairman12.1yrsUS$200.00k0.25%
CA$ 2.0m
Salvatore Visca
Independent Director9.4yrsUS$170.00k0.023%
CA$ 181.7k
Gregory Monahan
Independent Director10.6yrsUS$177.50k0.044%
CA$ 353.3k
Andre Mintz
Independent Director1.9yrsUS$164.13kno data
Charles Blauner
Industry Advisorno datano datano data
John Zangardi
Member of Advisory Board3.5yrsno datano data
Ann Johnson
Member of Advisory Board3.5yrsno datano data
4.6yrs
Average Tenure
62yo
Average Age

Experienced Board: ABST's board of directors are considered experienced (4.6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/07/27 06:00
End of Day Share Price 2023/07/26 00:00
Earnings2023/03/31
Annual Earnings2022/06/30

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

Absolute Software Corporation is covered by 15 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Richard TseATB Cormark Historical (Cormark Securities)
Thanos MoschopoulosBMO Capital Markets Equity Research
Thomas WalkleyCanaccord Genuity