Coveo Solutions Inc.

TSX:CVO Stock Report

Market Cap: CA$531.2m

Coveo Solutions Management

Management criteria checks 2/4

Coveo Solutions' CEO is Laurent Simoneau, appointed in Apr 2025, has a tenure of 20.67 years. total yearly compensation is $704.14K, comprised of 29.3% salary and 70.7% bonuses, including company stock and options. directly owns 0.055% of the company’s shares, worth CA$291.35K. The average tenure of the management team and the board of directors is 1.8 years and 4.3 years respectively.

Key information

Laurent Simoneau

Chief executive officer

US$704.1k

Total compensation

CEO salary percentage29.3%
CEO tenureno data
CEO ownership0.05%
Management average tenure1.8yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

author-image

Generative AI And Commerce Will Unlock Future Markets

Mar 29 Strategic partnerships and AI growth momentum enhance Coveo's market reach and revenue potential, optimizing conversions and profitability.

Pinning Down Coveo Solutions Inc.'s (TSE:CVO) P/S Is Difficult Right Now

Feb 12
Pinning Down Coveo Solutions Inc.'s (TSE:CVO) P/S Is Difficult Right Now

Coveo Solutions Inc.'s (TSE:CVO) Intrinsic Value Is Potentially 68% Above Its Share Price

Dec 11
Coveo Solutions Inc.'s (TSE:CVO) Intrinsic Value Is Potentially 68% Above Its Share Price

Coveo Solutions Inc. (TSE:CVO) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Nov 07
Coveo Solutions Inc. (TSE:CVO) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Optimistic Investors Push Coveo Solutions Inc. (TSE:CVO) Shares Up 27% But Growth Is Lacking

Nov 06
Optimistic Investors Push Coveo Solutions Inc. (TSE:CVO) Shares Up 27% But Growth Is Lacking

Coveo Solutions Inc.'s (TSE:CVO) Popularity With Investors Under Threat As Stock Sinks 27%

Aug 08
Coveo Solutions Inc.'s (TSE:CVO) Popularity With Investors Under Threat As Stock Sinks 27%

CA$11.34: That's What Analysts Think Coveo Solutions Inc. (TSE:CVO) Is Worth After Its Latest Results

Jun 07
CA$11.34: That's What Analysts Think Coveo Solutions Inc. (TSE:CVO) Is Worth After Its Latest Results

We're Not Worried About Coveo Solutions' (TSE:CVO) Cash Burn

Apr 20
We're Not Worried About Coveo Solutions' (TSE:CVO) Cash Burn

Coveo Solutions Inc. (TSE:CVO) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected

Feb 10
Coveo Solutions Inc. (TSE:CVO) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected

We're Interested To See How Coveo Solutions (TSE:CVO) Uses Its Cash Hoard To Grow

Jan 11
We're Interested To See How Coveo Solutions (TSE:CVO) Uses Its Cash Hoard To Grow

Is Now An Opportune Moment To Examine Coveo Solutions Inc. (TSE:CVO)?

Nov 24
Is Now An Opportune Moment To Examine Coveo Solutions Inc. (TSE:CVO)?

We Think Coveo Solutions (TSE:CVO) Can Easily Afford To Drive Business Growth

Oct 09
We Think Coveo Solutions (TSE:CVO) Can Easily Afford To Drive Business Growth

Coveo Solutions Inc. (TSE:CVO) Analysts Are Pretty Bullish On The Stock After Recent Results

Feb 09
Coveo Solutions Inc. (TSE:CVO) Analysts Are Pretty Bullish On The Stock After Recent Results

CEO Compensation Analysis

How has Laurent Simoneau's remuneration changed compared to Coveo Solutions's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

-US$11m

Sep 30 2024n/an/a

-US$22m

Jun 30 2024n/an/a

-US$23m

Mar 31 2024US$704kUS$206k

-US$24m

Dec 31 2023n/an/a

-US$27m

Sep 30 2023n/an/a

-US$31m

Jun 30 2023n/an/a

-US$34m

Mar 31 2023US$347kUS$206k

-US$40m

Dec 31 2022n/an/a

-US$52m

Sep 30 2022n/an/a

US$384m

Jun 30 2022n/an/a

US$333m

Mar 31 2022US$4mUS$207k

US$418m

Compensation vs Market: Laurent's total compensation ($USD704.14K) is below average for companies of similar size in the Canadian market ($USD1.14M).

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

CEO

Laurent Simoneau (50 yo)

no data

Tenure

US$704,139

Compensation

Mr. Laurent Simoneau serves as Chief Executive Officer at Coveo Solutions Inc. since April 1, 2025. He served as Director of Qohash Inc. since January 2021 until May 2023. He had been the President at Cove...

Leadership Team

NamePositionTenureCompensationOwnership
Louis Tetu
Executive Chairman17.3yrsUS$1.66m3.86%
CA$ 20.5m
Laurent Simoneau
CEO & Directorno dataUS$704.14k0.055%
CA$ 291.4k
Brandon Nussey
Chief Financial Officer1.9yrsUS$421.92k0.020%
CA$ 106.5k
Sheila Morin
Chief Marketing Officer3.3yrsUS$286.19k0.0058%
CA$ 30.6k
Richard Tessier
Co-Founder & Senior VP of Products20.3yrsno data0.011%
CA$ 59.3k
John Grosshans
Chief Operating Officerno datano datano data
Marc Sanfacon
Chief Technology Officerno datano data0.0073%
CA$ 38.8k
Michael Jepsen
Senior Vice President of Sales1.8yrsno datano data
Chelsea Finnemore
Chief Human Resources Officer1.3yrsno datano data
Mike Raley
Senior Vice President of Marketingno datano datano data
Karine Hamel
Senior Vice President of Finance6.3yrsno data0.0099%
CA$ 52.6k
Martin Laporte
Senior Vice President of R&D3.9yrsno datano data

1.8yrs

Average Tenure

58yo

Average Age

Experienced Management: CVO's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Louis Tetu
Executive Chairman17.3yrsUS$1.66m3.86%
CA$ 20.5m
Laurent Simoneau
CEO & Director20.7yrsUS$704.14k0.055%
CA$ 291.4k
J. Yepez
Lead Independent Director16.8yrsUS$234.63k0.38%
CA$ 2.0m
Éric Lamarre
Independent Directorless than a yearno datano data
Gillian Denham
Independent Director1.6yrsUS$141.63kno data
Isaac Kim
Director6.3yrsUS$199.08kno data
Valery Zamuner
Independent Director4.3yrsUS$154.29k0.014%
CA$ 73.8k
Fay Goon
Independent Director4.3yrsUS$219.09kno data
Shanti Ariker
Independent Director4.3yrsUS$214.90kno data

4.3yrs

Average Tenure

57yo

Average Age

Experienced Board: CVO's board of directors are considered experienced (4.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/21 21:07
End of Day Share Price 2025/04/17 00:00
Earnings2024/12/31
Annual Earnings2024/03/31

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

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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

Coveo Solutions Inc. is covered by 7 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thanos MoschopoulosBMO Capital Markets Equity Research
Koji IkedaBofA Global Research
Douglas TaylorCanaccord Genuity