Acceleware Ltd.

TSXV:AXE Stock Report

Market Cap: CA$14.2m

Acceleware Management

Management criteria checks 3/4

Acceleware's CEO is Geoff Clark, appointed in Sep 2010, has a tenure of 14.25 years. total yearly compensation is CA$315.50K, comprised of 69.9% salary and 30.1% bonuses, including company stock and options. directly owns 3.05% of the company’s shares, worth CA$433.31K. The average tenure of the management team and the board of directors is 11.6 years and 6.5 years respectively.

Key information

Geoff Clark

Chief executive officer

CA$315.5k

Total compensation

CEO salary percentage69.9%
CEO tenure14.3yrs
CEO ownership3.0%
Management average tenure11.6yrs
Board average tenure6.5yrs

Recent management updates

Recent updates

Companies Like Acceleware (CVE:AXE) Can Afford To Invest In Growth

Nov 05
Companies Like Acceleware (CVE:AXE) Can Afford To Invest In Growth

Here's Why We're Not At All Concerned With Acceleware's (CVE:AXE) Cash Burn Situation

Jul 09
Here's Why We're Not At All Concerned With Acceleware's (CVE:AXE) Cash Burn Situation

Here's Why We're Not Too Worried About Acceleware's (CVE:AXE) Cash Burn Situation

Feb 17
Here's Why We're Not Too Worried About Acceleware's (CVE:AXE) Cash Burn Situation

CEO Compensation Analysis

How has Geoff Clark's remuneration changed compared to Acceleware's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$2m

Jun 30 2024n/an/a

-CA$360k

Mar 31 2024n/an/a

-CA$3m

Dec 31 2023CA$316kCA$221k

-CA$2m

Sep 30 2023n/an/a

-CA$4m

Jun 30 2023n/an/a

-CA$4m

Mar 31 2023n/an/a

-CA$3m

Dec 31 2022CA$336kCA$221k

-CA$5m

Sep 30 2022n/an/a

-CA$6m

Jun 30 2022n/an/a

-CA$6m

Mar 31 2022n/an/a

-CA$5m

Dec 31 2021CA$402kCA$220k

-CA$4m

Sep 30 2021n/an/a

-CA$3m

Jun 30 2021n/an/a

-CA$3m

Mar 31 2021n/an/a

-CA$2m

Dec 31 2020CA$392kCA$210k

-CA$2m

Sep 30 2020n/an/a

-CA$2m

Jun 30 2020n/an/a

-CA$2m

Mar 31 2020n/an/a

-CA$2m

Dec 31 2019CA$373kCA$209k

-CA$2m

Sep 30 2019n/an/a

CA$2m

Jun 30 2019n/an/a

CA$1m

Mar 31 2019n/an/a

CA$808k

Dec 31 2018CA$494kCA$201k

-CA$99k

Sep 30 2018n/an/a

-CA$3m

Jun 30 2018n/an/a

-CA$3m

Mar 31 2018n/an/a

-CA$3m

Dec 31 2017CA$381kCA$199k

-CA$3m

Compensation vs Market: Geoff's total compensation ($USD219.55K) is above average for companies of similar size in the Canadian market ($USD164.07K).

Compensation vs Earnings: Geoff's compensation has been consistent with company performance over the past year.

CEO

Geoff Clark

14.3yrs

Tenure

CA$315,500

Compensation

Mr. Geoffrey Blair David Clark, also known as Geoff, has been the Chief Executive Officer of Acceleware Ltd. since September 16, 2010. Mr. Clark had been an Interim Chief Financial Officer of Acceleware Lt...

Leadership Team

NamePositionTenureCompensationOwnership
Geoffrey Blair Clark
CEO & Director14.3yrsCA$315.50k3.05%
CA$ 433.3k
Michal Okoniewski
Co-Founder19.3yrsCA$249.24k5.43%
CA$ 771.9k
Tracy Grierson
Chief Financial Officer5.3yrsCA$145.39k0.0018%
CA$ 258.7
Michael Tourigny
Chief Operating Officer8.9yrsCA$249.24k2.25%
CA$ 319.6k

11.6yrs

Average Tenure

Experienced Management: AXE's management team is seasoned and experienced (11.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Geoffrey Blair Clark
CEO & Director14.9yrsCA$315.50k3.05%
CA$ 433.3k
Michal Okoniewski
Co-Founder15.9yrsCA$249.24k5.43%
CA$ 771.9k
Bohdan Romaniuk
Independent Chairman20.9yrsCA$5.00k1.1%
CA$ 156.0k
Chad Robinson
Member of Acceleware Advisory Board6.5yrsno datano data
Donald Verdonck
Member of Advisory Boardno dataCA$4.11kno data
Peter Neweduk
Independent Director20.9yrsCA$5.00k1.24%
CA$ 175.9k
John Howard
Member of Acceleware Advisory Board6.5yrsno datano data
Cal Coulter
Member of Acceleware Advisory Board6.5yrsno datano data
Jeff Reading
Member of Acceleware Advisory Board6.5yrsno datano data
Caralyn Bennett
Independent Director4.5yrsCA$5.00k0.046%
CA$ 6.5k
Jim Boucher
Independent Director3.6yrsCA$3.00kno data
Sean David
Member of Advisory Boardless than a yearno datano data

6.5yrs

Average Tenure

63.5yo

Average Age

Experienced Board: AXE's board of directors are considered experienced (6.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:04
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

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 here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Acceleware Ltd. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Siddharth RajeevFundamental Research Corp.
Jim PowellNorthern Securities