Tantalus Systems Holding Inc.

TSX:GRID Stock Report

Market Cap: CA$99.1m

Tantalus Systems Holding Management

Management criteria checks 3/4

Tantalus Systems Holding's CEO is Pete Londa, appointed in Apr 2014, has a tenure of 10.67 years. total yearly compensation is $725.43K, comprised of 67.8% salary and 32.2% bonuses, including company stock and options. directly owns 3.07% of the company’s shares, worth CA$3.04M. The average tenure of the management team and the board of directors is 4.3 years and 7.2 years respectively.

Key information

Pete Londa

Chief executive officer

US$725.4k

Total compensation

CEO salary percentage67.8%
CEO tenure10.7yrs
CEO ownership3.1%
Management average tenure4.3yrs
Board average tenure7.2yrs

Recent management updates

Recent updates

Investors Aren't Entirely Convinced By Tantalus Systems Holding Inc.'s (TSE:GRID) Revenues

Dec 17
Investors Aren't Entirely Convinced By Tantalus Systems Holding Inc.'s (TSE:GRID) Revenues

Tantalus Systems Holding Inc. (TSE:GRID) Might Not Be As Mispriced As It Looks

Aug 16
Tantalus Systems Holding Inc. (TSE:GRID) Might Not Be As Mispriced As It Looks

Investors Still Aren't Entirely Convinced By Tantalus Systems Holding Inc.'s (TSE:GRID) Revenues Despite 26% Price Jump

Apr 19
Investors Still Aren't Entirely Convinced By Tantalus Systems Holding Inc.'s (TSE:GRID) Revenues Despite 26% Price Jump

Does Tantalus Systems Holding (TSE:GRID) Have A Healthy Balance Sheet?

Mar 29
Does Tantalus Systems Holding (TSE:GRID) Have A Healthy Balance Sheet?

Tantalus Systems Holding Inc.'s (TSE:GRID) Revenues Are Not Doing Enough For Some Investors

Mar 01
Tantalus Systems Holding Inc.'s (TSE:GRID) Revenues Are Not Doing Enough For Some Investors

Sentiment Still Eluding Tantalus Systems Holding Inc. (TSE:GRID)

Oct 17
Sentiment Still Eluding Tantalus Systems Holding Inc. (TSE:GRID)

Earnings Release: Here's Why Analysts Cut Their Tantalus Systems Holding Inc. (TSE:GRID) Price Target To CA$2.80

Mar 27
Earnings Release: Here's Why Analysts Cut Their Tantalus Systems Holding Inc. (TSE:GRID) Price Target To CA$2.80

CEO Compensation Analysis

How has Pete Londa's remuneration changed compared to Tantalus Systems Holding's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$1m

Jun 30 2024n/an/a

-US$2m

Mar 31 2024n/an/a

-US$2m

Dec 31 2023US$725kUS$492k

-US$2m

Sep 30 2023n/an/a

-US$3m

Jun 30 2023n/an/a

-US$4m

Mar 31 2023n/an/a

-US$5m

Dec 31 2022US$729kUS$433k

-US$5m

Sep 30 2022n/an/a

-US$8m

Jun 30 2022n/an/a

-US$8m

Mar 31 2022n/an/a

-US$6m

Dec 31 2021US$942kUS$331k

-US$7m

Compensation vs Market: Pete's total compensation ($USD725.43K) is above average for companies of similar size in the Canadian market ($USD164.07K).

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


CEO

Pete Londa (51 yo)

10.7yrs

Tenure

US$725,433

Compensation

Mr. Peter A. Londa, also known as Pete, JD, MBA has been the Chief Executive Officer, President and Director at Tantalus Systems Holding Inc. (formerly known as RiseTech Capital Corp.) since April 01, 2014...


Leadership Team

NamePositionTenureCompensationOwnership
Peter Londa
CEO, President & Director10.7yrsUS$725.43k3.07%
CA$ 3.0m
George Reznik
Chief Financial Officer4.3yrsUS$284.05k0.091%
CA$ 90.7k
Michael Grandis
General Counsel5.5yrsUS$416.11kno data
Michael Julian
Chief Revenue Officer3.9yrsUS$299.61k0.39%
CA$ 388.4k
Leena Al-Hajjar
Vice President of People & Cultureno datano datano data
Douglass Campbell
Chief Solution Officer2.9yrsno datano data

4.3yrs

Average Tenure

53yo

Average Age

Experienced Management: GRID's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Peter Londa
CEO, President & Director10.7yrsUS$725.43k3.07%
CA$ 3.0m
John McEwen
Independent Director23.5yrsUS$42.40k0.061%
CA$ 60.9k
Francis Harvey
Independent Director9.8yrsUS$35.41k0.30%
CA$ 298.7k
David McLennan
Directorno datano datano data
Thomas Liston
Independent Director6.8yrsUS$35.41k0.46%
CA$ 459.3k
Laura Formusa
Independent Chairman of the Board7.2yrsUS$54.88k0.099%
CA$ 98.3k
Gregory Williams
Independent Director1.5yrsUS$16.99k0.025%
CA$ 24.4k

7.2yrs

Average Tenure

67yo

Average Age

Experienced Board: GRID's board of directors are considered experienced (7.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 22:22
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 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

Tantalus Systems Holding Inc. is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gabriel LeungBeacon Securities Limited
Yuri LynkCanaccord Genuity
Jesse PytlakCormark Securities Inc.