Stock Analysis

Here's Why We Think BeWhere Holdings Inc.'s (CVE:BEW) CEO Compensation Looks Fair for the time being

TSXV:BEW
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Key Insights

  • BeWhere Holdings will host its Annual General Meeting on 18th of June
  • Salary of CA$306.4k is part of CEO Owen Moore's total remuneration
  • The total compensation is similar to the average for the industry
  • BeWhere Holdings' EPS grew by 7.7% over the past three years while total shareholder return over the past three years was 245%

CEO Owen Moore has done a decent job of delivering relatively good performance at BeWhere Holdings Inc. (CVE:BEW) recently. In light of this performance, CEO compensation will probably not be the main focus for shareholders as they go into the AGM on 18th of June. We present our case of why we think CEO compensation looks fair.

View our latest analysis for BeWhere Holdings

How Does Total Compensation For Owen Moore Compare With Other Companies In The Industry?

According to our data, BeWhere Holdings Inc. has a market capitalization of CA$67m, and paid its CEO total annual compensation worth CA$306k over the year to December 2024. That's a notable increase of 15% on last year. Notably, the salary of CA$306k is the entirety of the CEO compensation.

On comparing similar-sized companies in the Canadian Software industry with market capitalizations below CA$273m, we found that the median total CEO compensation was CA$276k. From this we gather that Owen Moore is paid around the median for CEOs in the industry. What's more, Owen Moore holds CA$7.0m worth of shares in the company in their own name, indicating that they have a lot of skin in the game.

Component20242023Proportion (2024)
SalaryCA$306kCA$266k100%
Other---
Total CompensationCA$306k CA$266k100%

On an industry level, around 84% of total compensation represents salary and 16% is other remuneration. On a company level, BeWhere Holdings prefers to reward its CEO through a salary, opting not to pay Owen Moore through non-salary benefits. If salary is the major component in total compensation, it suggests that the CEO receives a higher fixed proportion of the total compensation, regardless of performance.

ceo-compensation
TSXV:BEW CEO Compensation June 11th 2025

A Look at BeWhere Holdings Inc.'s Growth Numbers

Over the past three years, BeWhere Holdings Inc. has seen its earnings per share (EPS) grow by 7.7% per year. In the last year, its revenue is up 42%.

We like the look of the strong year-on-year improvement in revenue. And in that context, the modest EPS improvement certainly isn't shabby. So while we'd stop short of saying growth is absolutely outstanding, there are definitely some clear positives! Although we don't have analyst forecasts, you might want to assess this data-rich visualization of earnings, revenue and cash flow.

Has BeWhere Holdings Inc. Been A Good Investment?

Boasting a total shareholder return of 245% over three years, BeWhere Holdings Inc. has done well by shareholders. This strong performance might mean some shareholders don't mind if the CEO were to be paid more than is normal for a company of its size.

In Summary...

BeWhere Holdings pays CEO compensation exclusively through a salary, with non-salary compensation completely ignored. The company's decent performance might have made most shareholders happy, possibly making CEO remuneration the least of the concerns to be discussed in the upcoming AGM. However, we still think that any proposed increase in CEO compensation will be examined closely to make sure the compensation is appropriate and linked to performance.

While CEO pay is an important factor to be aware of, there are other areas that investors should be mindful of as well. That's why we did some digging and identified 2 warning signs for BeWhere Holdings that investors should think about before committing capital to this stock.

Switching gears from BeWhere Holdings, if you're hunting for a pristine balance sheet and premium returns, this free list of high return, low debt companies is a great place to look.

Valuation is complex, but we're here to simplify it.

Discover if BeWhere Holdings might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

About TSXV:BEW

BeWhere Holdings

An industrial Internet of Things (IIoT) solutions company, designs, manufactures, and sells hardware with sensors and software applications to track real-time information on equipment, tools, and inventory in-transit and at facilities.

Excellent balance sheet with questionable track record.

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