Ivrnet Management
Management criteria checks 4/4
Ivrnet's CEO is Andrew Watts, appointed in May 2019, has a tenure of 4.5 years. total yearly compensation is CA$129.23K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.73% of the company’s shares, worth CA$3.61K. The average tenure of the management team and the board of directors is 7.4 years and 6.3 years respectively.
Key information
Andrew Watts
Chief executive officer
CA$129.2k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 4.5yrs |
| CEO ownership | 0.7% |
| Management average tenure | 7.4yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | -CA$278k |
| Jun 30 2023 | n/a | n/a | -CA$362k |
| Mar 31 2023 | n/a | n/a | -CA$456k |
| Dec 31 2022 | CA$129k | CA$129k | -CA$915k |
| Sep 30 2022 | n/a | n/a | -CA$887k |
| Jun 30 2022 | n/a | n/a | -CA$925k |
| Mar 31 2022 | n/a | n/a | -CA$1m |
| Dec 31 2021 | CA$173k | CA$122k | -CA$1m |
| Sep 30 2021 | n/a | n/a | -CA$2m |
| Jun 30 2021 | n/a | n/a | -CA$2m |
| Mar 31 2021 | n/a | n/a | -CA$1m |
| Dec 31 2020 | CA$129k | CA$114k | -CA$1m |
| Sep 30 2020 | n/a | n/a | -CA$2m |
| Jun 30 2020 | n/a | n/a | -CA$2m |
| Mar 31 2020 | n/a | n/a | -CA$2m |
| Dec 31 2019 | CA$192k | CA$112k | -CA$2m |
| Sep 30 2019 | n/a | n/a | -CA$1m |
| Jun 30 2019 | n/a | n/a | -CA$1m |
| Mar 31 2019 | n/a | n/a | -CA$848k |
| Dec 31 2018 | CA$15k | n/a | -CA$621k |
| Sep 30 2018 | n/a | n/a | -CA$37k |
| Jun 30 2018 | n/a | n/a | -CA$102k |
| Mar 31 2018 | n/a | n/a | -CA$380k |
| Dec 31 2017 | CA$500 | n/a | -CA$425k |
Compensation vs Market: Andrew's total compensation ($USD94.91K) is below average for companies of similar size in the Canadian market ($USD180.98K).
Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.
CEO
Andrew Watts
4.5yrs
Tenure
CA$129,231
Compensation
Mr. Andrew Watts, B.Sc. Gsc, has been Chief Executive Officer & President of Ivrnet Inc. since May 31, 2019. Prior to this he was President of HAF Concrete Systems and President of GenGreen Sustainable Ene...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 4.5yrs | CA$129.23k | 0.73% CA$ 3.6k | |
| Chief Financial Officer | 4.2yrs | CA$61.02k | no data | |
| Chief Operating Officer | no data | CA$84.00k | no data | |
| CTO & VP | 10.3yrs | no data | no data | |
| Corporate Secretary | 17.3yrs | CA$100.62k | no data |
7.4yrs
Average Tenure
Experienced Management: IVI's management team is seasoned and experienced (7.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 9.3yrs | CA$129.23k | 0.73% CA$ 3.6k | |
| Independent Director | 20.3yrs | CA$5.00k | 21.87% CA$ 108.6k | |
| Independent Chairman of the Board | 3.3yrs | no data | no data | |
| Independent Director | 3.3yrs | CA$70.00k | no data |
6.3yrs
Average Tenure
Experienced Board: IVI's board of directors are considered experienced (6.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/11/28 12:56 |
| End of Day Share Price | 2023/10/27 00:00 |
| Earnings | 2023/09/30 |
| 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 |
| |
| 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
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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
Ivrnet Inc. is covered by 0 analysts. 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 |
|---|