Victory Square Technologies Management

Management criteria checks 3/4

Victory Square Technologies' CEO is Shafin Tejani, appointed in Aug 2015, has a tenure of 8.67 years. total yearly compensation is CA$250.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 1.16% of the company’s shares, worth €87.03K. The average tenure of the management team and the board of directors is 7.1 years and 8.2 years respectively.

Key information

Shafin Tejani

Chief executive officer

CA$250.0k

Total compensation

CEO salary percentage	100.0%
CEO tenure	8.7yrs
CEO ownership	1.2%
Management average tenure	7.1yrs
Board average tenure	8.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Shafin Tejani's remuneration changed compared to Victory Square Technologies's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	n/a	n/a	-CA$16m
Jun 30 2023	n/a	n/a	-CA$17m
Mar 31 2023	n/a	n/a	-CA$21m
Dec 31 2022	CA$250k	CA$250k	-CA$24m
Sep 30 2022	n/a	n/a	-CA$29m
Jun 30 2022	n/a	n/a	-CA$30m
Mar 31 2022	n/a	n/a	-CA$26m
Dec 31 2021	CA$220k	CA$220k	-CA$18m
Sep 30 2021	n/a	n/a	CA$5m
Jun 30 2021	n/a	n/a	CA$20m
Mar 31 2021	n/a	n/a	CA$22m
Dec 31 2020	CA$130k	CA$130k	CA$21m
Sep 30 2020	n/a	n/a	CA$11m
Jun 30 2020	n/a	n/a	CA$3m
Mar 31 2020	n/a	n/a	CA$585k
Dec 31 2019	CA$130k	CA$130k	-CA$5m
Sep 30 2019	n/a	n/a	-CA$7m
Jun 30 2019	n/a	n/a	-CA$11m
Mar 31 2019	n/a	n/a	-CA$10m
Dec 31 2018	CA$130k	CA$130k	-CA$11m
Sep 30 2018	n/a	n/a	-CA$6m
Jun 30 2018	n/a	n/a	-CA$5m
Mar 31 2018	n/a	n/a	-CA$4m
Dec 31 2017	CA$130k	CA$130k	-CA$3m

Compensation vs Market: Shafin's total compensation ($USD182.98K) is below average for companies of similar size in the German market ($USD401.52K).

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

CEO

Shafin Tejani (46 yo)

8.7yrs

Tenure

CA$250,000

Compensation

Mr. Shafin Diamond Tejani is Director at Hydreight Technologies Inc. from November 29, 2018. He serves as Independent Director at XR Immersive Tech Inc. since September 01, 2022. He is the Founder and Chie...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Shafin Tejani	CEO, President & Director	8.7yrs	CA$250.00k	1.16% CA$ 87.0k
Sheri Wennberg	CFO & Company Secretary	9.2yrs	CA$252.12k	no data
Vahid Shababi Shad	Chief Operating Officer	4.8yrs	CA$430.57k	no data
Abbey Vogt	Digital Marketing Lead	no data	no data	no data
Barinder Rasode	Chief Executive of Grow Tech Labs	5.6yrs	no data	no data
Joshua Sorin	Accounting Controller	no data	no data	no data
Stefanie Chapman	Controller	no data	no data	no data
Alexandros Tzilios	Corporate Development	no data	no data	no data

7.1yrs

Average Tenure

46yo

Average Age

Experienced Management: 6F6's management team is seasoned and experienced (7.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Shafin Tejani	CEO, President & Director	8.7yrs	CA$250.00k	1.16% CA$ 87.0k
Howard Blank	Member of Advisory Board & Independent Director	7.8yrs	no data	no data
Thomas Mayenknecht	Independent Director	8.6yrs	no data	0.13% CA$ 9.6k
Fakhri Karray	Member of Advisory Board	5.5yrs	no data	no data
Peter Smyrniotis	Independent Director	8.6yrs	no data	0.13% CA$ 9.6k
Guy Halford-Thompson	Member of Advisory Board	6.3yrs	no data	no data
Mark Tadros	Member of Advisory Board	no data	no data	no data
Rahul Walia	Member of Advisory Board	no data	CA$361.15k	no data
Pavel Bains	Member of Advisory Board	no data	no data	no data
Todd Kesselman	Member of Advisory Board	no data	no data	no data
Stephen Rothwell	Member of Advisory Board	no data	no data	no data
Jesse Chen	Member of Advisory Board	no data	no data	no data

8.2yrs

Average Tenure

46yo

Average Age

Experienced Board: 6F6's board of directors are considered experienced (8.2 years average tenure).

Victory Square Technologies Management

Management criteria checks 3/4

Key information

Recent management updates

Victory Square Technologies Inc., Annual General Meeting, Aug 18, 2023

Insufficient new directors

Victory Square Technologies Inc., Annual General Meeting, Dec 30, 2022

Insufficient new directors

Insufficient new directors

Victory Square Technologies Inc. Announces Board Changes

Recent updates

Third quarter 2023 earnings released: CA$0.02 loss per share (vs CA$0.033 loss in 3Q 2022)

Second quarter 2023 earnings released: CA$0.008 loss per share (vs CA$0.05 loss in 2Q 2022)

Victory Square Technologies Inc., Annual General Meeting, Aug 18, 2023

First quarter 2023 earnings released: CA$0.011 loss per share (vs CA$0.041 loss in 1Q 2022)

Full year 2022 earnings released: CA$0.25 loss per share (vs CA$0.12 loss in FY 2021)

Third quarter 2022 earnings released: CA$0.033 loss per share (vs CA$0.04 loss in 3Q 2021)

Insufficient new directors

Victory Square Technologies Inc., Annual General Meeting, Dec 30, 2022

1288273 B.C. Ltd. entered into an share exchange agreement to acquire Draft Label Technologies Inc. from Victory Square Technologies Inc. (CNSX:VST).

Second quarter 2022 earnings released: CA$0.05 loss per share (vs CA$0.06 loss in 2Q 2021)

Full year 2021 earnings released: CA$0.12 loss per share (vs CA$0.27 profit in FY 2020)

Insufficient new directors

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

Insufficient new directors

Second quarter 2021 earnings released: EPS CA$0.018 (vs CA$0.019 in 2Q 2020)

Victory Square Technologies Inc. (CNSX:VST) completed the acquisition of 20% stake in Stardust Solar for CAD 0.6 million.

First quarter 2021 earnings released: EPS CA$0.033 (vs CA$0.049 in 1Q 2020)

V Launches Discreetcare – A Full-Service Web App for the Treatment of Sensitive & Delicate Medical Issues

Victory Square Technologies Declares Special Common Share Dividend, Payable on May 27, 2021

Full year 2020 earnings released: EPS CA$0.27 (vs CA$0.10 loss in FY 2019)

Victory Square Technologies Inc. (CNSX:VST) signed a binding letter of intent to acquire an unknown stake in Stardust Solar.

Victory Square Technologies Inc. Announces Board Changes

Victory Square Technologies Inc. (CNSX:VST) completed the acquisition of IV Hydreight Inc.

New 90-day high: €0.50

Victory Square Technologies Portfolio Company, Immersive Tech, Announces the Creation of World’s First COVID-safe Location-Based Entertainment Virtual Reality Division UNCONTAINED

Victory Square Technologies Inc. (CNSX:VST) entered into letter of intent to acquire IV Hydreight Inc.

Victory Square Technologies Receives Brazilian Anvisa Approval for Sale, Distribution & Use of Safetest 15 Minute Covid-19 Rapid Test for Brazil

Victory Square Technologies Receives Approval for Sale & Distribution of VS SARS CoV-2 Antigen 15 Minute Nasal Rapid Test for Entire European Union

Victory Square Technologies Inc Enters into A New Sales and Distribution Contract with A Brazilian Medical Production and Supply

Third quarter 2020 earnings released: EPS CA$0.12

New 90-day low: €0.24

Victory Square Technologies Inc. Enters into Sales & Distribution Agreement with ProNorth Medical

Insider recently sold €337k worth of stock

Victory Square Technologies Inc. Enters into Canadian Sales and Distribution Contract with TM Safety Supplies of Canada on September 24, 2020

Victory Square Technologies Inc. Receives 2 Million in Orders of Its Safetest Covid-19TM Test in Brazil

New 90-day high: €0.56

Insider recently sold €831.0k worth of stock

First half earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age