Martello Technologies Group Inc.

TSXV:MTLO Stock Report

Market Cap: CA$5.4m

Martello Technologies Group Management

Management criteria checks 0/4

Martello Technologies Group's CEO is Jim Clark, appointed in Nov 2023, has a tenure of 1.08 years. total yearly compensation is CA$395.46K, comprised of 73.3% salary and 26.7% bonuses, including company stock and options. directly owns 0.031% of the company’s shares, worth CA$1.67K. The average tenure of the management team and the board of directors is 0.9 years and 1.3 years respectively.

Key information

Jim Clark

Chief executive officer

CA$395.5k

Total compensation

CEO salary percentage73.3%
CEO tenure1.1yrs
CEO ownership0.03%
Management average tenureless than a year
Board average tenure1.3yrs

Recent management updates

Recent updates

Risks Still Elevated At These Prices As Martello Technologies Group Inc. (CVE:MTLO) Shares Dive 33%

Dec 09
Risks Still Elevated At These Prices As Martello Technologies Group Inc. (CVE:MTLO) Shares Dive 33%

Optimistic Investors Push Martello Technologies Group Inc. (CVE:MTLO) Shares Up 50% But Growth Is Lacking

Oct 25
Optimistic Investors Push Martello Technologies Group Inc. (CVE:MTLO) Shares Up 50% But Growth Is Lacking

Revenues Working Against Martello Technologies Group Inc.'s (CVE:MTLO) Share Price Following 33% Dive

Sep 06
Revenues Working Against Martello Technologies Group Inc.'s (CVE:MTLO) Share Price Following 33% Dive

What Martello Technologies Group Inc.'s (CVE:MTLO) 33% Share Price Gain Is Not Telling You

Jul 23
What Martello Technologies Group Inc.'s (CVE:MTLO) 33% Share Price Gain Is Not Telling You

Martello Technologies Group Inc. (CVE:MTLO) Stock Rockets 33% As Investors Are Less Pessimistic Than Expected

Jun 06
Martello Technologies Group Inc. (CVE:MTLO) Stock Rockets 33% As Investors Are Less Pessimistic Than Expected

Martello Technologies Group Inc.'s (CVE:MTLO) 67% Price Boost Is Out Of Tune With Revenues

Mar 29
Martello Technologies Group Inc.'s (CVE:MTLO) 67% Price Boost Is Out Of Tune With Revenues

There's Reason For Concern Over Martello Technologies Group Inc.'s (CVE:MTLO) Massive 33% Price Jump

Feb 13
There's Reason For Concern Over Martello Technologies Group Inc.'s (CVE:MTLO) Massive 33% Price Jump

Martello Technologies Group Inc.'s (CVE:MTLO) Subdued P/S Might Signal An Opportunity

Jun 08
Martello Technologies Group Inc.'s (CVE:MTLO) Subdued P/S Might Signal An Opportunity

Is Martello Technologies Group (CVE:MTLO) Weighed On By Its Debt Load?

Oct 14
Is Martello Technologies Group (CVE:MTLO) Weighed On By Its Debt Load?

Is Martello Technologies Group (CVE:MTLO) Weighed On By Its Debt Load?

Jul 01
Is Martello Technologies Group (CVE:MTLO) Weighed On By Its Debt Load?

CEO Compensation Analysis

How has Jim Clark's remuneration changed compared to Martello Technologies Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$5m

Jun 30 2024n/an/a

-CA$6m

Mar 31 2024CA$395kCA$290k

-CA$6m

Dec 31 2023n/an/a

-CA$5m

Sep 30 2023n/an/a

-CA$24m

Jun 30 2023n/an/a

-CA$25m

Mar 31 2023CA$269kCA$256k

-CA$25m

Compensation vs Market: Jim's total compensation ($USD275.19K) is above average for companies of similar size in the Canadian market ($USD164.16K).

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


CEO

Jim Clark

1.1yrs

Tenure

CA$395,456

Compensation

Mr. Jim Clark serves C.P.A. has been the CEO and Director of Martello Technologies Group Inc. since April 01, 2024. He served Chief Financial Officer of Martello Technologies Group Inc. since May 02, 2022...


Leadership Team

NamePositionTenureCompensationOwnership
Jim Clark
CEO & Director1.1yrsCA$395.46k0.031%
CA$ 1.7k
Doug Bellinger
Chief Technology Officer6.2yrsCA$266.06k0.34%
CA$ 18.3k
Nicolae Lungu
VP of Finance & Interim CFOless than a yearno datano data
Tracy King
VP of Communications & Regulatory and Corporate Secretaryless than a yearno data0.10%
CA$ 5.7k
Wendy Moore
Senior Director of Marketingless than a yearno datano data

0.9yrs

Average Tenure

Experienced Management: MTLO's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Jim Clark
CEO & Directorless than a yearCA$395.46k0.031%
CA$ 1.7k
Terence Matthews
Chairman of the Board14.9yrsCA$38.00kno data
Colley Clarke
Independent Director9.3yrsCA$39.98k0.55%
CA$ 30.1k
Paul A. Butcher
Independent Director1.3yrsno data0.086%
CA$ 4.7k
Donald Smith
Independent Director9.3yrsCA$35.51k0.12%
CA$ 6.7k
Alec Saunders
Independent Directorless than a yearno datano data
Michael Contento
Directorless than a yearno datano data

1.3yrs

Average Tenure

71yo

Average Age

Experienced Board: MTLO's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 10:31
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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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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

Martello Technologies Group Inc. is covered by 6 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
Kevin KrishnaratneDesjardins Securities Inc.
Robert GoffEchelon Wealth Partners Inc.
Gianluca TucciEchelon Wealth Partners Inc.