Titan Logix Management

Management criteria checks 3/4

Titan Logix's CEO is Nick Forbes, appointed in Dec 2021, has a tenure of 3.08 years. total yearly compensation is CA$237.78K, comprised of 84.1% salary and 15.9% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth CA$26.25K. The average tenure of the management team and the board of directors is 1.8 years and 6.9 years respectively.

Key information

Nick Forbes

Chief executive officer

CA$237.8k

Total compensation

CEO salary percentage84.1%
CEO tenure3.1yrs
CEO ownership0.1%
Management average tenure1.8yrs
Board average tenure6.9yrs

Recent management updates

Shareholders Will Probably Not Have Any Issues With Titan Logix Corp.'s (CVE:TLA) CEO Compensation

Jan 18
Shareholders Will Probably Not Have Any Issues With Titan Logix Corp.'s (CVE:TLA) CEO Compensation

Recent updates

Shareholders Will Probably Not Have Any Issues With Titan Logix Corp.'s (CVE:TLA) CEO Compensation

Jan 18
Shareholders Will Probably Not Have Any Issues With Titan Logix Corp.'s (CVE:TLA) CEO Compensation

Titan Logix (CVE:TLA) Is Experiencing Growth In Returns On Capital

Oct 21
Titan Logix (CVE:TLA) Is Experiencing Growth In Returns On Capital

Titan Logix (CVE:TLA) Shareholders Will Want The ROCE Trajectory To Continue

Jun 09
Titan Logix (CVE:TLA) Shareholders Will Want The ROCE Trajectory To Continue

We Believe Titan Logix's (CVE:TLA) Earnings Are A Poor Guide For Its Profitability

Jan 25
We Believe Titan Logix's (CVE:TLA) Earnings Are A Poor Guide For Its Profitability

Titan Logix's (CVE:TLA) Returns On Capital Are Heading Higher

Jan 20
Titan Logix's (CVE:TLA) Returns On Capital Are Heading Higher

CEO Compensation Analysis

How has Nick Forbes's remuneration changed compared to Titan Logix's earnings?
DateTotal CompensationSalaryCompany Earnings
Nov 30 2024n/an/a

CA$1m

Aug 31 2024CA$238kCA$200k

CA$546k

May 31 2024n/an/a

-CA$388k

Feb 29 2024n/an/a

-CA$582k

Nov 30 2023n/an/a

-CA$736k

Aug 31 2023CA$200kCA$200k

CA$83k

May 31 2023n/an/a

CA$1m

Feb 28 2023n/an/a

CA$2m

Nov 30 2022n/an/a

CA$2m

Aug 31 2022CA$148kCA$148k

CA$1m

Compensation vs Market: Nick's total compensation ($USD164.15K) is about average for companies of similar size in the Canadian market ($USD164.10K).

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


CEO

Nick Forbes

3.1yrs

Tenure

CA$237,778

Compensation

Mr. Nicholas Forbes, also known as Nick, serves as Chief Executive Officer at Titan Logix Corp. since December 05, 2021. He brings extensive senior leadership experience in the Energy and Agriculture secto...


Leadership Team

NamePositionTenureCompensationOwnership
Nicholas Forbes
Chief Executive Officer3.1yrsCA$237.78k0.12%
CA$ 26.2k
Michael Martin
Chief Financial Officer1.3yrsCA$200.50k0.069%
CA$ 14.8k
Douglas Watt
Chief Product Officer1.8yrsno data0.068%
CA$ 14.6k

1.8yrs

Average Tenure

Experienced Management: TLA's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
S. Reeves
Independent Chairman8.6yrsCA$26.00k0.71%
CA$ 151.9k
Helen Cornett
Independent Director8.6yrsCA$22.80k0.014%
CA$ 3.0k
Victor Lee
Independent Director5.2yrsCA$22.80k0.042%
CA$ 9.0k
Robert Tasker
Independent Director3.2yrsCA$18.00k0.41%
CA$ 87.4k

6.9yrs

Average Tenure

Experienced Board: TLA's board of directors are considered experienced (6.9 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/30 13:47
End of Day Share Price 2025/01/30 00:00
Earnings2024/11/30
Annual Earnings2024/08/31

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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Titan Logix Corp. 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