WidePoint Management

Management criteria checks 3/4

WidePoint's CEO is Jin Kang, appointed in Jul 2017, has a tenure of 7.33 years. total yearly compensation is $553.20K, comprised of 63.3% salary and 36.7% bonuses, including company stock and options. directly owns 6.9% of the company’s shares, worth €3.01M. The average tenure of the management team and the board of directors is 2.4 years and 4.4 years respectively.

Key information

Jin Kang

Chief executive officer

US$553.2k

Total compensation

CEO salary percentage	63.3%
CEO tenure	7.3yrs
CEO ownership	6.9%
Management average tenure	2.4yrs
Board average tenure	4.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jin Kang's remuneration changed compared to WidePoint's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$3m
Jun 30 2024	n/a	n/a	-US$3m
Mar 31 2024	n/a	n/a	-US$4m
Dec 31 2023	US$553k	US$350k	-US$4m
Sep 30 2023	n/a	n/a	-US$12m
Jun 30 2023	n/a	n/a	-US$11m
Mar 31 2023	n/a	n/a	-US$24m
Dec 31 2022	US$346k	US$343k	-US$24m
Sep 30 2022	n/a	n/a	-US$15m
Jun 30 2022	n/a	n/a	-US$14m
Mar 31 2022	n/a	n/a	-US$637k
Dec 31 2021	US$430k	US$350k	US$341k
Sep 30 2021	n/a	n/a	US$9m
Jun 30 2021	n/a	n/a	US$10m
Mar 31 2021	n/a	n/a	US$10m
Dec 31 2020	US$661k	US$350k	US$10m
Sep 30 2020	n/a	n/a	US$2m
Jun 30 2020	n/a	n/a	US$1m
Mar 31 2020	n/a	n/a	US$326k
Dec 31 2019	US$461k	US$325k	US$226k
Sep 30 2019	n/a	n/a	-US$152k
Jun 30 2019	n/a	n/a	-US$446k
Mar 31 2019	n/a	n/a	-US$610k
Dec 31 2018	US$493k	US$300k	-US$1m
Sep 30 2018	n/a	n/a	-US$2m
Jun 30 2018	n/a	n/a	-US$2m
Mar 31 2018	n/a	n/a	-US$3m
Dec 31 2017	US$558k	US$260k	-US$4m

Compensation vs Market: Jin's total compensation ($USD553.20K) is about average for companies of similar size in the German market ($USD471.14K).

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

CEO

Jin Kang (60 yo)

7.3yrs

Tenure

US$553,195

Compensation

Mr. Jin H. Kang has been the Chief Executive Officer, President and Director of WidePoint Corporation since July 5, 2017 and served as its Executive Vice President since January 2018 until 2018. Mr. Kang f...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jin Kang	President	7.3yrs	US$553.20k	6.9% € 3.0m
Robert George	Executive VP & CFO	2.6yrs	US$477.80k	1.02% € 446.8k
Todd Dzyak	Executive VP & COO	2.3yrs	US$477.80k	1.75% € 766.0k
Jason Holloway	Executive VP & Chief Revenue Officer	2.3yrs	US$476.40k	3.22% € 1.4m
Ian Sparling	Executive VP & COO of International	no data	US$505.30k	1.77% € 773.4k
Amy O'Bryan	Human Resources Manager	no data	no data	no data

2.4yrs

Average Tenure

58yo

Average Age

Experienced Management: ZMX1's management team is considered experienced (2.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jin Kang	President	7.3yrs	US$553.20k	6.9% € 3.0m
Philip Garfinkle	Independent Chairman of the Board	4.4yrs	US$48.00k	1.73% € 756.9k
Otto Guenther	Director Emeritus	3.4yrs	US$50.00k	no data
Julia Bowen	Independent Director	5.8yrs	US$47.00k	1.14% € 497.5k
John Fitzgerald	Independent Director	3.4yrs	US$48.50k	0.95% € 414.3k

4.4yrs

Average Tenure

63yo

Average Age

Experienced Board: ZMX1's board of directors are considered experienced (4.4 years average tenure).

WidePoint Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

WidePoint Corporation, Annual General Meeting, Jun 14, 2024

James Bernard Rice Resigns from the Board of Directors of WidePoint Corporation, Effective December 31, 2023

WidePoint Corporation, Annual General Meeting, Jun 17, 2022

High number of new and inexperienced directors

Independent Chairman of the Board recently sold €84k worth of stock

Recent updates

Third quarter 2024 earnings released: US$0.045 loss per share (vs US$0.10 loss in 3Q 2023)

WidePoint Corporation to Report Q3, 2024 Results on Nov 13, 2024

New minor risk - Insider selling

New minor risk - Shareholder dilution

Second quarter 2024 earnings released: US$0.053 loss per share (vs US$0.096 loss in 2Q 2023)

WidePoint Corporation Provides Earnings Guidance for the Year 2025

WidePoint Corporation to Report Q2, 2024 Results on Aug 14, 2024

Insufficient new directors

First quarter 2024 earnings released: US$0.073 loss per share (vs US$0.11 loss in 1Q 2023)

WidePoint Corporation to Report Q1, 2024 Results on May 15, 2024

New minor risk - Shareholder dilution

WidePoint Corporation, Annual General Meeting, Jun 14, 2024

WidePoint Corporation Announces Unaudited Consolidated Impairment Charges for the Fourth Quarter Ended December 31, 2023

Full year 2023 earnings released: US$0.46 loss per share (vs US$2.70 loss in FY 2022)

WidePoint Corporation to Report Q4, 2023 Results on Mar 26, 2024

Widepoint Corporation Provides Revenue Guidance for the Full Year 2024

James Bernard Rice Resigns from the Board of Directors of WidePoint Corporation, Effective December 31, 2023

Third quarter 2023 earnings released: US$0.10 loss per share (vs US$0.062 loss in 3Q 2022)

WidePoint Corporation to Report Q3, 2023 Results on Nov 14, 2023

Second quarter 2023 earnings released: US$0.096 loss per share (vs US$1.58 loss in 2Q 2022)

WidePoint Corporation to Report Q2, 2023 Results on Aug 15, 2023

New minor risk - Share price stability

First quarter 2023 earnings released: US$0.11 loss per share (vs US$0.045 loss in 1Q 2022)

Full year 2022 earnings released: US$2.70 loss per share (vs US$0.038 profit in FY 2021)

Third quarter 2022 earnings released: US$0.062 loss per share (vs US$0.059 profit in 3Q 2021)

WidePoint Corporation Provides Revenue Guidance for the Year 2022

WidePoint Corporation Provides Earnings Guidance for the Year 2022

WidePoint Corporation to Report Q3, 2022 Results on Nov 14, 2022

Second quarter 2022 earnings released: US$1.58 loss per share (vs US$0.023 loss in 2Q 2021)

WidePoint Corporation to Report Q2, 2022 Results on Aug 15, 2022

First quarter 2022 earnings released: US$0.045 loss per share (vs US$0.065 profit in 1Q 2021)

WidePoint Corporation to Report Q1, 2022 Results on May 16, 2022

WidePoint Corporation, Annual General Meeting, Jun 17, 2022

Full year 2021 earnings released: EPS: US$0.038 (vs US$1.22 in FY 2020)

High number of new and inexperienced directors

Third quarter 2021 earnings released: EPS US$0.059 (vs US$0.13 in 3Q 2020)

Investor sentiment improved over the past week

WidePoint Corporation (NYSEAM:WYY) announces an Equity Buyback for $2.1 million worth of its shares.

Investor sentiment deteriorated over the past week

Second quarter 2021 earnings released: US$0.023 loss per share (vs US$0.058 profit in 2Q 2020)

Investor sentiment deteriorated over the past week

Independent Chairman of the Board recently sold €84k worth of stock

Investor sentiment deteriorated over the past week

Full year 2020 earnings released: EPS US$1.22 (vs US$0.027 in FY 2019)

WidePoint Corporation to Report Q4, 2020 Results on Mar 23, 2021

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

New 90-day high: €10.20

Investor sentiment improved over the past week

Insider recently sold €235k worth of stock

Market pulls back on stock over the past week

WidePoint Corporation Enters into New Cellular Wireless Managed Services 2.0 Contract with the U.S. Department of Homeland Security

Insider recently sold €235k worth of stock

WidePoint Corporation Wins U.S. Department of Homeland Security Cellular Wireless Managed Services (CWMS) 2.0 Contract

Market bids up stock over the past week

New 90-day high: €7.44

Third quarter 2020 earnings released: EPS US$0.13

Revenue beats expectations

Market bids up stock over the past week

WidePoint Corporation to Report Q3, 2020 Results on Nov 16, 2020

WidePoint Corporation to Report Q4, 2018 Results on Mar 21, 2019

WidePoint Corp. to Report Q4, 2009 Results on 03/31/2010

New 90-day low: €0.39

New 90-day high - €0.72

WidePoint Corporation to Report Q2, 2020 Results on Aug 13, 2020

CEO Compensation Analysis

CEO

Tenure