Phunware Management

Management criteria checks 3/4

Phunware's CEO is Stephen Chen, appointed in Oct 2024, has a tenure of less than a year. directly owns 0.14% of the company’s shares, worth €114.90K. The average tenure of the management team and the board of directors is 1.1 years and 4.8 years respectively.

Key information

Stephen Chen

Chief executive officer

US$100.0k

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	0.1%
Management average tenure	1.1yrs
Board average tenure	4.8yrs

Recent management updates

Recent updates

CEO

Stephen Chen (41 yo)

less than a year

Tenure

US$100,000

Compensation

Mr. Stephen Chen serves as Chief Executive Officer at Phunware, Inc. since November 2024 and served as Interim CEO since October 22, 2024. Mr. Chen serves as Director at Phunware, Inc. and had been its Ind...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Stephen Chen	CEO & Director	less than a year	US$100.00k	0.14% € 114.9k
Christopher Olive	Executive VP	2.7yrs	US$414.27k	0.033% € 27.5k
Brendhan Botkin	Head of Investor Relations	no data	no data	no data
Jeremy Kidd	GM of Phunware Software & Senior VP of Sales and Marketing	1.1yrs	no data	no data

1.1yrs

Average Tenure

Experienced Management: 2RJA's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Stephen Chen	CEO & Director	2.1yrs	US$100.00k	0.14% € 114.9k
Marc Yagjian	Advisor	no data	no data	no data
Harvey Frye	Advisor	no data	no data	no data
Cyrus Lum	Member of Board of Advisors	no data	no data	no data
Rahul Mewawalla	Independent Chairman	3.3yrs	US$109.17k	0% € 0
Brill Flint	Member of Board of Advisors	no data	no data	no data
John Kinnaird	Advisor	no data	no data	no data
R. Ruppert	Member of Board of Advisors	4.8yrs	no data	no data
Brittany Kaiser	Board Advisor	5.5yrs	no data	no data
Sean Koh	Member of Advisory Board	5.3yrs	no data	no data
Larry Sanger	Member of Advisory Board	4.8yrs	no data	no data
Elliot Han	Director	less than a year	no data	0.13% € 106.0k

4.8yrs

Average Tenure

46yo

Average Age

Experienced Board: 2RJA's board of directors are considered experienced (4.8 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/24 07:52
End of Day Share Price	2024/12/10 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

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

Analyst	Institution
Edward Woo	Ascendiant Capital Markets LLC
Scott Buck	H.C. Wainwright & Co.
Darren Paul Aftahi	Roth MKM

Phunware Management

Management criteria checks 3/4

Key information

Recent management updates

Phunware, Inc. Appoints Rahul Mewawalla as Chairman of the Board

Phunware, Inc. Announces Chief Executive Officer Changes

Phunware, Inc. Appoints Elloit Han as Class II Director

Phunware, Inc. Appoints Elloit Han as Class II Director

Phunware, Inc. Announces Resignation of Ryan Costello from Board of Directors and from the Audit Committee, the Compensation Committee and the Nominating and Corporate Governance Committee, Effective December 31, 2023

Phunware, Inc. Appoints Jeremy Kidd as Senior Vice President of Sales and Marketing

Recent updates

Phunware, Inc. Appoints Rahul Mewawalla as Chairman of the Board

Phunware, Inc. Announces Chief Executive Officer Changes

Phunware, Inc. to Report Q2, 2024 Results on Aug 08, 2024

Phunware, Inc. has filed a Follow-on Equity Offering in the amount of $120 million.

Phunware, Inc. Reports Impairment for the First Quarter Ended March 31, 2024

Phunware, Inc. to Report Q1, 2024 Results on May 09, 2024

Phunware, Inc. to Report Q4, 2023 Results on Mar 12, 2024

Phunware, Inc. Appoints Elloit Han as Class II Director

Phunware, Inc. Appoints Elloit Han as Class II Director

Phunware, Inc. has filed a Follow-on Equity Offering in the amount of $5.6 million.

Phunware, Inc. has filed a Follow-on Equity Offering in the amount of $6.9525 million.

Phunware, Inc. has filed a Follow-on Equity Offering in the amount of $7 million.

Phunware Receives Non-Compliance Notice From Nasdaq

Phunware's Request for A Hearing Granted by the Panel and Hearing Scheduled to Occur on March 19, 2024

Phunware, Inc. Announces Resignation of Ryan Costello from Board of Directors and from the Audit Committee, the Compensation Committee and the Nominating and Corporate Governance Committee, Effective December 31, 2023

Phunware Announces Update on Non-Compliance Notice from The Nasdaq Stock Market LLC

New major risk - Shareholder dilution

Phunware, Inc. has completed a Follow-on Equity Offering in the amount of $3.595629 million.

Phunware, Inc. has filed a Follow-on Equity Offering.

Phunware, Inc. Appoints Jeremy Kidd as Senior Vice President of Sales and Marketing

Phunware, Inc. Reports Impairment of Goodwill for the Third Quarter Ended September 30, 2023

Third quarter 2023 earnings released: US$0.16 loss per share (vs US$0.081 loss in 3Q 2022)

Phunware, Inc., Annual General Meeting, Dec 20, 2023

Phunware, Inc. to Report Q3, 2023 Results on Nov 09, 2023

Phunware, Inc. Announces Board Changes

Phunware, Inc Announces Resignation of Kathy Tan Mayor from the Board

Nasdaq Grants Phunware A 180-Day Extension to April 8, 2024, to Regain Compliance with the Bid Price Requirement

Phunware, Inc. Appoints Michael Snavely as Chief Revenue Officer, Effective September 12, 2023

Phunware, Inc. announced that it expects to receive $30 million in funding from Lincoln Park Capital, LLC

Second quarter 2023 earnings released: US$0.062 loss per share (vs US$0.17 loss in 2Q 2022)

Phunware, Inc. Reports Unaudited Impairment Charges for the Second Quarter Ended June 30, 2023

Phunware, Inc. to Report Q2, 2023 Results on Aug 10, 2023

Phunware to Launch Smart Hospitality Solution At Thumper Pond Resort

First quarter 2023 earnings released: US$0.041 loss per share (vs US$0.15 loss in 1Q 2022)

Phunware, Inc. Reports Impairment of Digital Assets for the First Quarter Ended March 31, 2023

Full year 2022 earnings released: US$0.51 loss per share (vs US$0.71 loss in FY 2021)

Phunware Releases Experience Optimizer for Mobile Applications

Phunware, Inc. (NasdaqCM:PHUN) announces an Equity Buyback for $5 million worth of its shares.

Co-Founder recently sold €105k worth of stock

Phunware, Inc. Launches Smart Hospitality Solution at Gaylord Hotels

Third quarter 2022 earnings released: US$0.081 loss per share (vs US$0.005 profit in 3Q 2021)

Phunware, Inc. Appoints Russell Buyse to Serve as Chief Executive Officer of the Company, Effective December 28, 2022

Third quarter 2022 earnings released: US$0.081 loss per share (vs US$0.005 profit in 3Q 2021)

Phunware, Inc., Annual General Meeting, Nov 11, 2022

Phunware, Inc. to Report Q3, 2022 Results on Nov 10, 2022

Phunware, Inc. Announces Termination of Alan Knitowski as Chief Executive Officer, Effective December 26, 2022

Keith Cowan Not Stands for Re-Election to The Board of Phunware, Inc

Second quarter 2022 earnings released: US$0.17 loss per share (vs US$0.14 loss in 2Q 2021)

Phunware, Inc. Reiterates Revenue Guidance for the Year 2022

Phunware, Inc. to Report Q2, 2022 Results on Aug 11, 2022

Phunware, Inc., Annual General Meeting, Oct 14, 2022

Phunware, Inc. Releases PhunWallet Version 1.3 Mobile App Update

Phunware, Inc. Appoints Matt Lull as Executive Vice President and Chief Cryptocurrency Officer

Phunware, Inc. Appoints Christopher Olive as Executive Vice President, General Counsel and Chief Legal Officer

Phunware, Inc. announced delayed annual 10-K filing

Phunware, Inc. Receives Notice of Allowance for United States Patent for Monitoring Outdoor and Indoor Environments with Mobile Devices

Phunware Multiscreen-As-A-Service (MaaS) Platform for Digital Transformation Now Available in AWS Marketplace

Independent Director recently sold €201k worth of stock

Third quarter 2021 earnings released: EPS US$0.005 (vs US$0.19 loss in 3Q 2020)

High number of new directors

Phunware, Inc. (NasdaqCM:PHUN) entered into a definitive agreement to acquire Lyte Technology, Inc. for $10.1 million.

Second quarter 2021 earnings released: US$0.12 loss per share (vs US$0.084 loss in 2Q 2020)

Phunware Launches Smart City Solution for the City of Pasadena

Phunware Releases “PhunWallet” Mobile App for Android on Google Play

Independent Director recently sold €122k worth of stock

First quarter 2021 earnings released: US$0.19 loss per share (vs US$0.099 loss in 1Q 2020)

CEO

Tenure

Compensation