Elys BMG Group, Inc.

DB:3UW Stock Report

Market Cap: €8.3m

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Elys Game Technology Management

Management criteria checks 3/4

Elys Game Technology's CEO is Mike Ciavarella, appointed in Jul 2021, has a tenure of 2.5 years. total yearly compensation is $748.29K, comprised of 66.8% salary and 33.2% bonuses, including company stock and options. directly owns 20.95% of the company’s shares, worth €1.74M. The average tenure of the management team and the board of directors is 2 years and 4.6 years respectively.

Key information

Mike Ciavarella

Chief executive officer

US$748.3k

Total compensation

CEO salary percentage66.8%
CEO tenure2.5yrs
CEO ownership21.0%
Management average tenure2yrs
Board average tenure4.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike Ciavarella's remuneration changed compared to Elys Game Technology's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2023n/an/a

-US$17m

Jun 30 2023n/an/a

-US$18m

Mar 31 2023n/an/a

-US$18m

Dec 31 2022US$748kUS$500k

-US$18m

Sep 30 2022n/an/a

-US$18m

Jun 30 2022n/an/a

-US$18m

Mar 31 2022n/an/a

-US$17m

Dec 31 2021US$987kUS$500k

-US$15m

Sep 30 2021n/an/a

-US$13m

Jun 30 2021n/an/a

-US$11m

Mar 31 2021n/an/a

-US$11m

Dec 31 2020US$808kUS$262k

-US$10m

Sep 30 2020n/an/a

-US$7m

Jun 30 2020n/an/a

-US$7m

Mar 31 2020n/an/a

-US$6m

Dec 31 2019US$502kUS$279k

-US$9m

Sep 30 2019n/an/a

-US$8m

Jun 30 2019n/an/a

-US$8m

Mar 31 2019n/an/a

-US$7m

Dec 31 2018US$760kUS$260k

-US$4m

Sep 30 2018n/an/a

US$238k

Jun 30 2018n/an/a

US$1m

Mar 31 2018n/an/a

US$3m

Dec 31 2017US$144kUS$144k

US$1m

Compensation vs Market: Mike's total compensation ($USD748.29K) is above average for companies of similar size in the German market ($USD398.74K).

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

CEO

Mike Ciavarella (61 yo)

2.5yrs

Tenure

US$748,288

Compensation

Mr. Michele Ciavarella, also known as Mike, B. Sc., has been the Executive Chairman of Elys Game Technology, Corp. (formerly, Newgioco Group, Inc. and Empire Global Corp.) since December 30, 2020 and has b...

Leadership Team

NamePositionTenureCompensationOwnership
Michele Ciavarella
Executive Chairman2.5yrsUS$748.29k20.95%
€ 1.7m
Carlo Reali
Interim CFO & Principal Accounting Officer2yrsUS$330.12k0.48%
€ 40.2k
Mark Korb
Head of Corporate Affairs2yrsUS$839.82k0.12%
€ 10.0k
Julian Doyle
General Counselno datano datano data
Matteo Monteverdi
Head of Special Projects2.5yrsUS$730.26kno data
Sandy Drozd
Head U.S. & Canadian Technology Deployment1.8yrsno datano data

2.0yrs

Average Tenure

55yo

Average Age

Experienced Management: 3UW's management team is considered experienced (2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Michele Ciavarella
Executive Chairman12.6yrsUS$748.29k20.95%
€ 1.7m
Steven Shallcross
Independent Non-Executive Director4.6yrsUS$40.00k0.067%
€ 5.6k
Paul Sallwasser
Independent Non-Executive Director4.6yrsno data0.073%
€ 6.0k
Larry Flynn
Independent Directorless than a yearno datano data
David Aronoff
Independent Directorless than a yearno datano data

4.6yrs

Average Tenure

62yo

Average Age

Experienced Board: 3UW's board of directors are considered experienced (4.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/01/22 14:32
End of Day Share Price 2023/10/25 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

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

Elys BMG Group, Inc. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chris ThompsoneResearch Corporation
Siddharth RajeevFundamental Research Corp.
Scott BuckH.C. Wainwright & Co.