Clip Money Management
Management criteria checks 2/4
Clip Money's CEO is Joe Abou-Arrage, appointed in May 2022, has a tenure of 2.67 years. total yearly compensation is $400.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 15.23% of the company’s shares, worth CA$4.64M. The average tenure of the management team and the board of directors is 2.7 years and 2.7 years respectively.
Key information
Joe Abou-Arrage
Chief executive officer
US$400.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 2.7yrs |
| CEO ownership | 15.2% |
| Management average tenure | 2.7yrs |
| Board average tenure | 2.7yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$9m |
| Jun 30 2024 | n/a | n/a | -US$9m |
| Mar 31 2024 | n/a | n/a | -US$9m |
| Dec 31 2023 | US$400k | US$400k | -US$9m |
| Sep 30 2023 | n/a | n/a | -US$10m |
| Jun 30 2023 | n/a | n/a | -US$10m |
| Mar 31 2023 | n/a | n/a | -US$13m |
| Dec 31 2022 | US$575k | US$325k | -US$12m |
| Sep 30 2022 | n/a | n/a | -US$11m |
| Jun 30 2022 | n/a | n/a | -US$10m |
| Mar 31 2022 | n/a | n/a | -US$6m |
| Dec 31 2021 | US$441k | US$188k | -US$4m |
| Dec 31 2020 | US$144k | US$144k | -US$2m |
Compensation vs Market: Joe's total compensation ($USD400.00K) is above average for companies of similar size in the Canadian market ($USD166.88K).
Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.
CEO
Joe Abou-Arrage (46 yo)
2.7yrs
Tenure
US$400,000
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 2.7yrs | US$400.00k | 15.23% CA$ 4.6m | |
| President | 1.8yrs | US$624.97k | 6.02% CA$ 1.8m | |
| Chief Financial Officer | 2.7yrs | US$314.10k | 0.72% CA$ 219.7k | |
| Chief Technology Officer | 2.7yrs | US$334.39k | 0.81% CA$ 246.2k |
2.7yrs
Average Tenure
Experienced Management: CLIP's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 2.7yrs | US$400.00k | 15.23% CA$ 4.6m | |
| Independent Chairman of Board | 2.7yrs | US$49.04k | 0.58% CA$ 177.2k | |
| Director | less than a year | no data | no data | |
| Independent Director | 2.7yrs | US$59.54k | 0.87% CA$ 264.6k | |
| Independent Director | 1.2yrs | no data | no data |
2.7yrs
Average Tenure
66yo
Average Age
Experienced Board: CLIP's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 01:09 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
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 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 .
Analyst Sources
Clip Money Inc. is covered by 1 analysts. 1 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 |
|---|---|
| Lisa Thompson | Zacks Small-Cap Research |