TrustBIX Inc.

TSXV:TBIX Stock Report

Market Cap: CA$1.8m

TrustBIX Management

Management criteria checks 2/4

TrustBIX's CEO is Hubert Lau, appointed in Apr 2019, has a tenure of 5.67 years. total yearly compensation is CA$200.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.98% of the company’s shares, worth CA$17.44K. The average tenure of the management team and the board of directors is 3.7 years and 2.6 years respectively.

Key information

Hubert Lau

Chief executive officer

CA$200.0k

Total compensation

CEO salary percentage100.0%
CEO tenure5.7yrs
CEO ownership1.0%
Management average tenure3.7yrs
Board average tenure2.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Hubert Lau's remuneration changed compared to TrustBIX's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-CA$2m

Mar 31 2024n/an/a

-CA$2m

Dec 31 2023n/an/a

-CA$3m

Sep 30 2023CA$200kCA$200k

-CA$3m

Jun 30 2023n/an/a

-CA$3m

Mar 31 2023n/an/a

-CA$4m

Dec 31 2022n/an/a

-CA$4m

Sep 30 2022CA$169kCA$169k

-CA$4m

Jun 30 2022n/an/a

-CA$3m

Mar 31 2022n/an/a

-CA$3m

Dec 31 2021n/an/a

-CA$2m

Sep 30 2021CA$144kCA$144k

-CA$2m

Jun 30 2021n/an/a

-CA$2m

Mar 31 2021n/an/a

-CA$2m

Dec 31 2020n/an/a

-CA$2m

Sep 30 2020CA$202kCA$202k

-CA$2m

Jun 30 2020n/an/a

-CA$3m

Mar 31 2020n/an/a

-CA$3m

Dec 31 2019n/an/a

-CA$3m

Sep 30 2019CA$200kCA$200k

-CA$3m

Jun 30 2019n/an/a

-CA$4m

Dec 31 2018n/an/a

-CA$2m

Sep 30 2018CA$101kCA$101k

-CA$1m

Compensation vs Market: Hubert's total compensation ($USD139.17K) is about average for companies of similar size in the Canadian market ($USD164.16K).

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

CEO

Hubert Lau (55 yo)

5.7yrs

Tenure

CA$200,000

Compensation

Mr. Hubert Lau serves as President, Chief Executive Officer and Director at TrustBIX Inc since April 15, 2019 and served as its Vice President of Technology since August 2012. He served as Member of Adviso...

Leadership Team

NamePositionTenureCompensationOwnership
Edward Power
Chairman of the Board & Corporate Secretary5.7yrsno data1.26%
CA$ 22.5k
Hubert Lau
President5.7yrsCA$200.00k0.98%
CA$ 17.4k
William Harper
Chief Financial Officer1.7yrsCA$21.81k0.19%
CA$ 3.4k
Adam Morand
CTO & Director1.1yrsno datano data
Shelley Smith
Controllerno datano datano data

3.7yrs

Average Tenure

Experienced Management: TBIX's management team is considered experienced (3.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Edward Power
Chairman of the Board & Corporate Secretary5.7yrsno data1.26%
CA$ 22.5k
Hubert Lau
President5.7yrsCA$200.00k0.98%
CA$ 17.4k
Adam Morand
CTO & Director1.1yrsno datano data
Tony Barlott
Advisor2.6yrsno datano data
Jason Pincock
Member of Advisory Boardless than a yearno datano data
David Schuster
Member of Advisory Board1.7yrsno datano data
Gerben Bouma
Chairman of the Advisory Board2.6yrsno datano data
William Jamieson
Advisor2.6yrsno datano data
Thomas Ogaranko
Member of Advisory Board1.9yrsCA$165.61kno data
Shing Lap
Independent Director4.1yrsno data1.4%
CA$ 24.9k
Nathaniel Mison
Independent Director1.7yrsno datano data

2.6yrs

Average Tenure

55yo

Average Age

Experienced Board: TBIX's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:43
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/09/30

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

TrustBIX Inc. is covered by 0 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