Pivotree Inc.

TSXV:PVT Stock Report

Market Cap: CA$40.3m

Pivotree Management

Management criteria checks 3/4

Pivotree's CEO is Bill Di Nardo, appointed in Jul 2015, has a tenure of 10.92 years. total yearly compensation is CA$504.03K, comprised of 74.8% salary and 25.2% bonuses, including company stock and options. directly owns 5.74% of the company’s shares, worth CA$2.31M. The average tenure of the management team and the board of directors is 2.4 years and 5 years respectively.

Key information

Bill Di Nardo

Chief executive officer

CA$504.0k

Total compensation

CEO salary percentage74.79%
CEO tenure10.9yrs
CEO ownership5.7%
Management average tenure2.4yrs
Board average tenure5yrs

Recent management updates

Recent updates

Analysis Article May 21

Pivotree's (CVE:PVT) Solid Earnings May Rest On Weak Foundations

Pivotree Inc.'s ( CVE:PVT ) robust recent earnings didn't do much to move the stock. However the statutory profit...
Analysis Article Nov 17

Pivotree Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Pivotree Inc. ( CVE:PVT ) last week reported its latest quarterly results, which makes it a good time for investors to...
Analysis Article Aug 30

Pivotree Inc. (CVE:PVT) Surges 41% Yet Its Low P/S Is No Reason For Excitement

Pivotree Inc. ( CVE:PVT ) shares have continued their recent momentum with a 41% gain in the last month alone. Looking...
Narrative Update Aug 17

AI MIPS And Professional Services Will Build Future Value

Pivotree’s consensus price target has increased to CA$2.17, primarily reflecting improved net profit margin expectations, despite a slight deterioration in forecast revenue growth. Valuation Changes Summary of Valuation Changes for Pivotree The Consensus Analyst Price Target has risen from CA$2.00 to CA$2.17.
Analysis Article Jul 15

Is Pivotree Inc. (CVE:PVT) Trading At A 42% Discount?

Key Insights Pivotree's estimated fair value is CA$2.24 based on 2 Stage Free Cash Flow to Equity Pivotree is estimated...
Analysis Article May 14

What Pivotree Inc.'s (CVE:PVT) 27% Share Price Gain Is Not Telling You

The Pivotree Inc. ( CVE:PVT ) share price has done very well over the last month, posting an excellent gain of 27%. Not...
User avatar
New Narrative Apr 16

SKU Build Expansion And Control Tower Will Open New Markets

Significant cost reductions and strategic appointments have improved net margins and profitability, positioning Pivotree for enhanced revenue generation.
Analysis Article Jan 13

Revenues Not Telling The Story For Pivotree Inc. (CVE:PVT) After Shares Rise 33%

Pivotree Inc. ( CVE:PVT ) shareholders are no doubt pleased to see that the share price has bounced 33% in the last...
Analysis Article Nov 29

Pivotree Inc.'s (CVE:PVT) Popularity With Investors Under Threat As Stock Sinks 25%

Pivotree Inc. ( CVE:PVT ) shareholders that were waiting for something to happen have been dealt a blow with a 25...
Analysis Article Oct 10

Some Shareholders Feeling Restless Over Pivotree Inc.'s (CVE:PVT) P/S Ratio

With a median price-to-sales (or "P/S") ratio of close to 0.4x in the IT industry in Canada, you could be forgiven for...
Analysis Article Aug 16

Pivotree Inc. (CVE:PVT) Just Reported, And Analysts Assigned A CA$2.31 Price Target

The analysts might have been a bit too bullish on Pivotree Inc. ( CVE:PVT ), given that the company fell short of...
Analysis Article Jul 23

Companies Like Pivotree (CVE:PVT) Are In A Position To Invest In Growth

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Analysis Article May 05

Pivotree Inc.'s (CVE:PVT) 39% Price Boost Is Out Of Tune With Revenues

Pivotree Inc. ( CVE:PVT ) shares have had a really impressive month, gaining 39% after a shaky period beforehand. Not...
Analysis Article Apr 24

We Think Pivotree (CVE:PVT) Can Afford To Drive Business Growth

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Analysis Article Jan 25

Why Investors Shouldn't Be Surprised By Pivotree Inc.'s (CVE:PVT) Low P/S

You may think that with a price-to-sales (or "P/S") ratio of 0.5x Pivotree Inc. ( CVE:PVT ) is a stock worth checking...
Analysis Article Aug 15

We're Interested To See How Pivotree (CVE:PVT) Uses Its Cash Hoard To Grow

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Analysis Article Jun 09

It's Down 27% But Pivotree Inc. (CVE:PVT) Could Be Riskier Than It Looks

Pivotree Inc. ( CVE:PVT ) shareholders that were waiting for something to happen have been dealt a blow with a 27...
Analysis Article Dec 02

New Forecasts: Here's What Analysts Think The Future Holds For Pivotree Inc. (CVE:PVT)

Pivotree Inc. ( CVE:PVT ) shareholders will have a reason to smile today, with the analysts making substantial upgrades...

CEO Compensation Analysis

How has Bill Di Nardo's remuneration changed compared to Pivotree's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

CA$5m

Dec 31 2025CA$504kCA$377k

CA$4m

Sep 30 2025n/an/a

CA$3m

Jun 30 2025n/an/a

-CA$3m

Mar 31 2025n/an/a

-CA$9m

Dec 31 2024CA$372kCA$372k

-CA$12m

Sep 30 2024n/an/a

-CA$13m

Jun 30 2024n/an/a

-CA$10m

Mar 31 2024n/an/a

-CA$8m

Dec 31 2023CA$380kCA$380k

-CA$7m

Sep 30 2023n/an/a

-CA$4m

Jun 30 2023n/an/a

-CA$6m

Mar 31 2023n/an/a

-CA$7m

Dec 31 2022CA$371kCA$371k

-CA$9m

Sep 30 2022n/an/a

-CA$13m

Jun 30 2022n/an/a

-CA$13m

Mar 31 2022n/an/a

-CA$12m

Dec 31 2021CA$450kCA$360k

-CA$12m

Sep 30 2021n/an/a

-CA$14m

Jun 30 2021n/an/a

-CA$11m

Mar 31 2021n/an/a

-CA$8m

Dec 31 2020CA$368kCA$278k

-CA$6m

Compensation vs Market: Bill's total compensation ($USD361.08K) is above average for companies of similar size in the Canadian market ($USD155.65K).

Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.


CEO

Bill Di Nardo

10.9yrs
Tenure
CA$504,031
Compensation

Mr. William Di Nardo, also known as Bill, has been the Chief Executive Officer of Pivotree Inc. (formerly known as Tenzing, Inc.). since July 21, 2015 and serves as its Director since November 15, 2007. He...


Leadership Team

NamePositionTenureCompensationOwnership
William Di Nardo
CEO & Director10.9yrsCA$504.03k5.74%
CA$ 2.3m
Todd Jurkuta
President & COO4.3yrsCA$465.95k0.41%
CA$ 167.1k
Moataz Ashoor
CFO & Corporate Secretary5.6yrsCA$344.50k0.21%
CA$ 86.0k
Joel Farquhar
Chief Architect2.4yrsno datano data
Joanna Lesniewski
Senior VP of Global Professional Services2.4yrsno datano data
Cliff Isaacson
Chief Product Officer2.4yrsno data0.11%
CA$ 42.7k
Kyle Metcalf
Chief Revenue Officer2.2yrsno data0.015%
CA$ 5.9k
2.4yrs
Average Tenure

Experienced Management: PVT's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Di Nardo
CEO & Director18.6yrsCA$504.03k5.74%
CA$ 2.3m
Joseph Kibur
Member of the Board of Advisorno datano datano data
Lorien Gabel
Member of the Board of Advisorno datano datano data
Vernon Lobo
Independent Chairman11yrsCA$27.50k3.13%
CA$ 1.3m
Sandip Gupta
Member of the Board of Advisorno datano datano data
Ashlee Aldridge
Independent Director5yrsCA$13.75k0.0099%
CA$ 4.0k
Myles Bruckal
Member of the Board of Advisorno datano datano data
William Morris
Independent Director5yrsCA$13.75k0.30%
CA$ 121.0k
Tom Schill
Member of the Board of Advisorno datano datano data
Scott Bryan
Independent Director18.6yrsCA$10.00k5.68%
CA$ 2.3m
Sarah Joyce
Independent Director2.8yrsCA$10.00kno data
Brian Beattie
Independent Director5yrsCA$13.75k0.64%
CA$ 257.6k
5.0yrs
Average Tenure
58yo
Average Age

Experienced Board: PVT's board of directors are considered experienced (5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/11 17:22
End of Day Share Price 2026/06/11 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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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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 Github.

Analyst Sources

Pivotree Inc. is covered by 4 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.

AnalystInstitution
Jesse PytlakATB Cormark Historical (Cormark Securities)
Richard TseNational Bank Financial
Meng ShaoNational Bank Financial