Clip Money Inc.

TSXV:CLIP Stock Report

Market Cap: CA$31.2m

Clip Money Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Joe Abou-Arrage

Chief executive officer

US$575.0k

Total compensation

CEO salary percentage56.5%
CEO tenure2yrs
CEO ownership11.2%
Management average tenure2yrs
Board average tenure2yrs

Recent management updates

Recent updates

Clip Money (CVE:CLIP) Is Carrying A Fair Bit Of Debt

May 08
Clip Money (CVE:CLIP) Is Carrying A Fair Bit Of Debt

Here's Why We're Watching Clip Money's (CVE:CLIP) Cash Burn Situation

Sep 07
Here's Why We're Watching Clip Money's (CVE:CLIP) Cash Burn Situation

CEO Compensation Analysis

How has Joe Abou-Arrage's remuneration changed compared to Clip Money's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-US$9m

Sep 30 2023n/an/a

-US$10m

Jun 30 2023n/an/a

-US$10m

Mar 31 2023n/an/a

-US$12m

Dec 31 2022US$575kUS$325k

-US$12m

Sep 30 2022n/an/a

-US$11m

Jun 30 2022n/an/a

-US$10m

Mar 31 2022n/an/a

-US$6m

Dec 31 2021US$441kUS$188k

-US$4m

Dec 31 2020US$144kUS$144k

-US$2m

Compensation vs Market: Joe's total compensation ($USD575.00K) is above average for companies of similar size in the Canadian market ($USD176.28K).

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

CEO

Joe Abou-Arrage (45 yo)

2yrs

Tenure

US$575,000

Compensation

Mr. Joseph Abou-Arrage, also known as Joe, is Co-Founder,and CEO of Clip Money, Inc. since May 2022 & served as Chairman of Board since May 2022 until August 29, 2023 also serves as Director . Prior to co-...

Leadership Team

NamePositionTenureCompensationOwnership
Joseph Abou-Arrage
Co-Founder2yrsUS$575.00k11.2%
$ 3.5m
Brian Bailey
President1.1yrsUS$721.19k1.31%
$ 409.1k
Andrew Tussing
Chief Financial Officer2yrsUS$570.29k0.35%
$ 109.5k
Roger Dalal
Chief Technology Officer2yrsUS$597.48k0.60%
$ 186.8k

2.0yrs

Average Tenure

Experienced Management: CLIP's management team is considered experienced (2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Joseph Abou-Arrage
Co-Founder2yrsUS$575.00k11.2%
$ 3.5m
Peter Dorsman
Independent Chairman of Board & Lead Independent Director2yrsUS$88.84k0.43%
$ 134.5k
John Desmond
Independent Director2yrsUS$102.84k0.64%
$ 200.7k
Stuart MacKinnon
Directorless than a yearno datano data
Jeff Gibson
Independent Director2yrsUS$71.07kno data

2.0yrs

Average Tenure

62yo

Average Age

Experienced Board: CLIP's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.

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