Plurilock Security Management

Management criteria checks 2/4

Plurilock Security's CEO is Ian Paterson, appointed in Sep 2020, has a tenure of 4.75 years. total yearly compensation is CA$428.36K, comprised of 75.7% salary and 24.3% bonuses, including company stock and options. directly owns 0.67% of the company’s shares, worth CA$124.44K. The average tenure of the management team and the board of directors is 2.6 years and 3.2 years respectively.

Key information

Ian Paterson

Chief executive officer

CA$428.4k

Total compensation

CEO salary percentage75.65%
CEO tenure4.8yrs
CEO ownership0.7%
Management average tenure2.6yrs
Board average tenure3.2yrs

Recent management updates

Recent updates

Fewer Investors Than Expected Jumping On Plurilock Security Inc. (CVE:PLUR)

Apr 29
Fewer Investors Than Expected Jumping On Plurilock Security Inc. (CVE:PLUR)

Plurilock Security Inc. (CVE:PLUR) Might Not Be As Mispriced As It Looks After Plunging 30%

Nov 07
Plurilock Security Inc. (CVE:PLUR) Might Not Be As Mispriced As It Looks After Plunging 30%

Plurilock Security (CVE:PLUR) Is Making Moderate Use Of Debt

Oct 31
Plurilock Security (CVE:PLUR) Is Making Moderate Use Of Debt

It's Down 27% But Plurilock Security Inc. (CVE:PLUR) Could Be Riskier Than It Looks

Sep 04
It's Down 27% But Plurilock Security Inc. (CVE:PLUR) Could Be Riskier Than It Looks

Even With A 273% Surge, Cautious Investors Are Not Rewarding Plurilock Security Inc.'s (CVE:PLUR) Performance Completely

Jul 15
Even With A 273% Surge, Cautious Investors Are Not Rewarding Plurilock Security Inc.'s (CVE:PLUR) Performance Completely

Plurilock Security Inc.'s (CVE:PLUR) Price Is Right But Growth Is Lacking

Sep 04
Plurilock Security Inc.'s (CVE:PLUR) Price Is Right But Growth Is Lacking

CEO Compensation Analysis

How has Ian Paterson's remuneration changed compared to Plurilock Security's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

-CA$13m

Dec 31 2024CA$428kCA$324k

-CA$12m

Sep 30 2024n/an/a

-CA$15m

Jun 30 2024n/an/a

-CA$13m

Mar 31 2024n/an/a

-CA$12m

Dec 31 2023CA$367kCA$212k

-CA$11m

Sep 30 2023n/an/a

-CA$8m

Jun 30 2023n/an/a

-CA$8m

Mar 31 2023n/an/a

-CA$7m

Dec 31 2022CA$320kCA$242k

-CA$8m

Sep 30 2022n/an/a

-CA$8m

Jun 30 2022n/an/a

-CA$8m

Mar 31 2022n/an/a

-CA$7m

Dec 31 2021CA$250kCA$184k

-CA$6m

Sep 30 2021n/an/a

-CA$6m

Jun 30 2021n/an/a

-CA$6m

Mar 31 2021n/an/a

-CA$6m

Dec 31 2020CA$64kCA$58k

-CA$5m

Sep 30 2020n/an/a

-CA$3m

Jun 30 2020n/an/a

-CA$2m

Mar 31 2020n/an/a

-CA$1m

Dec 31 2019n/an/a

-CA$1m

Dec 31 2018n/an/a

-CA$1m

Compensation vs Market: Ian's total compensation ($USD313.43K) is above average for companies of similar size in the Canadian market ($USD164.54K).

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


CEO

Ian Paterson

4.8yrs
Tenure
CA$428,356
Compensation

Mr. Ian L. Paterson serves as Chief Executive Officer & Director of Plurilock Security Inc. since September 17, 2020. He serves as Chief Executive Officer and Director of Plurilock Security Solutions Inc....


Leadership Team

NamePositionTenureCompensationOwnership
Ali Hakimzadeh
Executive Chairman1.3yrsCA$846.72k2.26%
CA$ 417.8k
Ian Paterson
CEO & Director4.8yrsCA$428.36k0.67%
CA$ 124.4k
Scott Meyers
CFO & Corporate Secretary2yrsCA$369.03k0.39%
CA$ 71.4k
Tucker Zengerle
Chief Operating Officer3.3yrsCA$420.13k0.23%
CA$ 42.5k
Joel Eng
VP of Information Security-US Subsidiaryno dataCA$162.36kno data
2.6yrs
Average Tenure

Experienced Management: PLUR's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ali Hakimzadeh
Executive Chairman1.3yrsCA$846.72k2.26%
CA$ 417.8k
Ian Paterson
CEO & Director4.8yrsCA$428.36k0.67%
CA$ 124.4k
John McConnell
Member of Advisory Boardno datano datano data
Joseph Sexton
Member of Advisory Boardless than a yearno datano data
Blake Corbet
Independent Director2.4yrsCA$9.00k0.20%
CA$ 37.7k
Patrick Gorman
Member of Advisory Board2.8yrsno datano data
Brandon Swafford
Member of Advisory Board3.3yrsno datano data
Jan Tighe
Member of Advisory Board4.3yrsno datano data
Jennifer Swindell
Independent Director3.2yrsCA$13.50k0.056%
CA$ 10.3k
William Hammersla
Independent Director4.8yrsCA$13.50k0.0018%
CA$ 332.2
Chris Pierce
Member of Advisory Boardno datano datano data
Gaétan Houle
Member of Advisory Boardno datano datano data
3.2yrs
Average Tenure
63yo
Average Age

Experienced Board: PLUR's board of directors are considered experienced (3.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/11 13:15
End of Day Share Price 2025/06/11 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

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.

Analysis Model and Snowflake

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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 Github.

Analyst Sources

Plurilock Security Inc. is covered by 2 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
Neehal UpadhyayaiA Capital Markets
Greg McLeishLeede Financial Inc