This company has been acquired
Magnet Forensics Management
Management criteria checks 2/4
Key information
Adam Belsher
Chief executive officer
US$1.1m
Total compensation
| CEO salary percentage | 39.17% |
| CEO tenure | 11.6yrs |
| CEO ownership | 27.3% |
| Management average tenure | 2yrs |
| Board average tenure | 8.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2022 | n/a | n/a | US$4m |
| Sep 30 2022 | n/a | n/a | US$263k |
| Jun 30 2022 | n/a | n/a | US$1m |
| Mar 31 2022 | n/a | n/a | US$4m |
| Dec 31 2021 | US$1m | US$446k | US$7m |
Compensation vs Market: Adam's total compensation ($USD1.14M) is below average for companies of similar size in the Canadian market ($USD2.24M).
Compensation vs Earnings: Insufficient data to compare Adam's compensation with company performance.
CEO
Adam Belsher (47 yo)
Mr. Adam Brent Belsher joined the Magnet Forensics Inc. in 2011. He is Chief Executive Officer of Magnet Forensics Inc. and has been its Director since September 01, 2011. He has experience in the global t...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | no data | US$1.14m | 27.33% CA$ 498.3m | |
| Founder | 13.3yrs | US$1.13m | 28.66% CA$ 522.6m | |
| Chief Operating Officer | no data | US$686.15k | 2.45% CA$ 44.7m | |
| Chief Strategy Officer | 4.9yrs | US$616.34k | 0.0022% CA$ 40.8k | |
| Chief Revenue Officer | 2yrs | US$3.68m | 0.027% CA$ 493.4k | |
| Chief Financial Officer | 1.2yrs | no data | 0.24% CA$ 4.4m | |
| Director of Memory | 1.3yrs | no data | no data | |
| General Counsel | 1yr | no data | no data | |
| Vice President of Marketing | 4.6yrs | no data | no data | |
| Vice President of Corporate Development | 1.9yrs | no data | 0.0021% CA$ 38.1k | |
| Vice President of Human Resources | 3.3yrs | no data | no data | |
| Senior Vice President of Product & Engineering | 1.3yrs | no data | 0.19% CA$ 3.4m |
Experienced Management: MAGT's management team is not considered experienced ( 2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 11.6yrs | US$1.14m | 27.33% CA$ 498.3m | |
| Founder | 12.5yrs | US$1.13m | 28.66% CA$ 522.6m | |
| Independent Chairman of the Board | 8.8yrs | US$100.00k | 15.04% CA$ 274.3m | |
| Independent Director | 2.3yrs | US$100.00k | 0.014% CA$ 260.2k | |
| Independent Director | 2.3yrs | US$100.00k | 0.0049% CA$ 88.4k |
Experienced Board: MAGT's board of directors are considered experienced (8.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/04/06 03:35 |
| End of Day Share Price | 2023/04/06 00:00 |
| Earnings | 2022/12/31 |
| Annual Earnings | 2022/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 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
Magnet Forensics Inc. is covered by 6 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Thanos Moschopoulos | BMO Capital Markets Equity Research |
| Douglas Taylor | Canaccord Genuity |
| Stephanie Price | CIBC Capital Markets |