Airgain Management

Management criteria checks 3/4

Airgain's CEO is Jacob Suen, appointed in Jan 2019, has a tenure of 5.33 years. total yearly compensation is $825.36K, comprised of 46.8% salary and 53.2% bonuses, including company stock and options. directly owns 1.1% of the company’s shares, worth €581.45K. The average tenure of the management team and the board of directors is 3.8 years and 7.5 years respectively.

Key information

Jacob Suen

Chief executive officer

US$825.4k

Total compensation

CEO salary percentage	46.8%
CEO tenure	5.3yrs
CEO ownership	1.1%
Management average tenure	3.8yrs
Board average tenure	7.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jacob Suen's remuneration changed compared to Airgain's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$825k	US$386k	-US$12m
Sep 30 2023	n/a	n/a	-US$10m
Jun 30 2023	n/a	n/a	-US$10m
Mar 31 2023	n/a	n/a	-US$9m
Dec 31 2022	US$1m	US$383k	-US$9m
Sep 30 2022	n/a	n/a	-US$10m
Jun 30 2022	n/a	n/a	-US$12m
Mar 31 2022	n/a	n/a	-US$13m
Dec 31 2021	US$3m	US$415k	-US$10m
Sep 30 2021	n/a	n/a	-US$7m
Jun 30 2021	n/a	n/a	-US$4m
Mar 31 2021	n/a	n/a	-US$2m
Dec 31 2020	US$1m	US$418k	-US$3m
Sep 30 2020	n/a	n/a	-US$2m
Jun 30 2020	n/a	n/a	-US$2m
Mar 31 2020	n/a	n/a	-US$613k
Dec 31 2019	US$3m	US$329k	US$926k
Sep 30 2019	n/a	n/a	US$2m
Jun 30 2019	n/a	n/a	US$3m
Mar 31 2019	n/a	n/a	-US$1m
Dec 31 2018	US$935k	US$310k	-US$3m
Sep 30 2018	n/a	n/a	-US$3m
Jun 30 2018	n/a	n/a	-US$3m
Mar 31 2018	n/a	n/a	-US$350k
Dec 31 2017	US$662k	US$310k	US$1m

Compensation vs Market: Jacob's total compensation ($USD825.36K) is above average for companies of similar size in the German market ($USD400.67K).

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

CEO

Jacob Suen (49 yo)

5.3yrs

Tenure

US$825,361

Compensation

Mr. Jacob Suen has been President of Airgain, Inc. since January 16, 2019 and has been its Chief Executive Officer and Director since August 8, 2019 and serves as Chief Revenue Officer since April 01, 202...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jacob Suen	President	5.3yrs	US$825.36k	1.1% $ 581.5k
Michael Elbaz	CFO, Secretary and Principal Financial & Accounting Officer	1.6yrs	US$475.14k	0.29% $ 155.6k
Ali Sadri	Chief Technology Officer	2.3yrs	US$603.61k	0.35% $ 184.9k
Victor Blair	Vice President of Operations	2.3yrs	no data	no data
Alexis Waadt	Director of Investor Relations	7.2yrs	no data	no data
Leonard Johnson	Advisor	no data	US$581.90k	no data

3.8yrs

Average Tenure

58.5yo

Average Age

Experienced Management: 6LV's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jacob Suen	President	4.8yrs	US$825.36k	1.1% $ 581.5k
Thomas Munro	Independent Director	20.3yrs	US$117.33k	0.19% $ 99.5k
Arthur Toscanini	Independent Director	19.3yrs	US$124.30k	0.70% $ 370.2k
Tzau-Jin Chung	Independent Director	5.6yrs	US$110.47k	0.25% $ 131.1k
James Sims	Independent Chairman of the Board	20.5yrs	US$169.67k	3.45% $ 1.8m
Joan Gillman	Independent Director	7.5yrs	US$118.79k	0.10% $ 54.3k
Kiva Allgood	Independent Director	2.8yrs	US$106.31k	0.11% $ 58.2k

7.5yrs

Average Tenure

60yo

Average Age

Experienced Board: 6LV's board of directors are considered experienced (7.5 years average tenure).

Airgain Management

Management criteria checks 3/4

Key information

Recent management updates

Airgain, Inc., Annual General Meeting, Jun 12, 2024

President recently sold €50k worth of stock

Independent Chairman of the Board recently bought €77k worth of stock

Airgain, Inc. Announces Resignation of Morad Sbahi as Chief Revenue Officer

Insufficient new directors

Airgain, Inc. Appoints Michael Elbaz as the Secretary

Recent updates

Airgain, Inc., Annual General Meeting, Jun 12, 2024

New minor risk - Shareholder dilution

President recently sold €50k worth of stock

Airgain, Inc. has filed a Follow-on Equity Offering in the amount of $5 million.

Airgain, Inc. has filed a Follow-on Equity Offering in the amount of $5 million.

Full year 2023 earnings released: US$1.20 loss per share (vs US$0.85 loss in FY 2022)

Airgain, Inc. Announces New Asset Tracking Solution for Lenovo Thinkedge Servers

Airgain, IncUnveils First-of-its-kind Smart LanternTM FWA Solution at Mobile World Congress 2024

Now 20% undervalued

Now 26% undervalued after recent price drop

Airgain, Inc. Announces Airgainconnect Fleet

Now 21% undervalued after recent price drop

New minor risk - Shareholder dilution

New major risk - Share price stability

Airgain, Inc. Provides Earnings Guidance for the Fourth Quarter Ending December 31, 2023

New major risk - Revenue and earnings growth

Third quarter 2023 earnings released: US$0.18 loss per share (vs US$0.13 loss in 3Q 2022)

Airgain Announces New High-Gain Lumos™? 5G Fixed Wireless Access Antenna

Independent Chairman of the Board recently bought €77k worth of stock

Airgain, Inc. Provides Earnings Guidance for the Third Quarter of 2023

Second quarter 2023 earnings released: US$0.21 loss per share (vs US$0.16 loss in 2Q 2022)

Airgain Expands Line of 5G Antennas with New Recon13™ Ultra-Low-Profile Rugged Antenna

Airgain, Inc. Announces Resignation of Morad Sbahi as Chief Revenue Officer

First quarter 2023 earnings released: US$0.28 loss per share (vs US$0.25 loss in 1Q 2022)

Airgain, Inc. Provides Earnings Guidance for the Second Quarter Ending June 30, 2023

Full year 2022 earnings released: US$0.85 loss per share (vs US$1.01 loss in FY 2021)

Airgain, Inc. Expands Fixed Wireless Access Offering with Integrated Reference Design

Airgain® Introduces New Sub-Brands and Website to Better Reflect Pursuit of Simplifying Wireless

Third quarter 2022 earnings released: US$0.13 loss per share (vs US$0.30 loss in 3Q 2021)

Insufficient new directors

Third quarter 2022 earnings released: US$0.13 loss per share (vs US$0.30 loss in 3Q 2021)

Airgain, Inc. Provides Earnings Guidance for the Fourth Quarter Ending December 31, 2022

Airgain, Inc. Appoints Michael Elbaz as the Secretary

Airgain, Inc. Announces the Introduction of Directional Fixed Wireless Access Antennas

Insufficient new directors

Second quarter 2022 earnings released: US$0.16 loss per share (vs US$0.26 loss in 2Q 2021)

Airgain, Inc. Provides Earnings Guidance for the Third Quarter of 2022

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

Independent Director recently sold €63k worth of stock

Airgain, Inc. Launches Citizens Broadband Radio Service and Lower C-Band Panel Antenna

Airgain, Inc. Reports Impairment of Fixed Assets for the First Quarter Ended March 31, 2022

First quarter 2022 earnings released: US$0.25 loss per share (vs US$0.024 profit in 1Q 2021)

Airgain, Inc., Annual General Meeting, Jun 22, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Airgain, Inc. Provides Earnings Guidance for the Three Months Ending March 31, 2022

Airgain, Inc. Announces Resignation of David Lyle as Secretary and He Will Provide Consulting Services, Effective March 31, 2022

Airgain, Inc. Revises Revenue Guidance for the Fourth Quarter Ended December 31, 2021

Airgain, Inc. to Report Q4, 2021 Results on Feb 24, 2022

Airgain® Grows Its Portfolio of 5G Antennas

Chairman of the Board recently bought €51k worth of stock

Chairman of the Board recently bought €92k worth of stock

Third quarter 2021 earnings released: US$0.30 loss per share (vs US$0.027 loss in 3Q 2020)

Airgain, Inc. Announces the Release of Its First Fixed Wireless Access (Fwa) Solution from the Airgainconnect Platform

Second quarter 2021 earnings released: US$0.26 loss per share (vs US$0.076 loss in 2Q 2020)

Airgain, Inc. Provides Earnings Guidance for the Third Quarter Ending September 30, 2021

First quarter 2021 earnings released: EPS US$0.024 (vs US$0.12 loss in 1Q 2020)

Airgain, Inc. Provides Earnings Guidance for the Second Quarter of Fiscal Year 2021

Insider recently bought €54k worth of stock

GetWireless, LLC Announces the Stock and Availability of the Newest Product, AirgainConnect AC-HPUE built for FirstNet

Full year 2020 earnings released: US$0.34 loss per share (vs US$0.096 profit in FY 2019)

Revenue beats expectations

Airgain, Inc. Promotes Morad Sbahi to Senior Vice President of Global Product and Marketing

Airgain, Inc. to Report Q4, 2020 Results on Feb 18, 2021

New 90-day high: €19.60

Airgain, Inc. Announces General Availability of the First AirgainConnect Platform Product

Airgain, Inc. Announces the Release of 5G and Wi-Fi 6E MULTIMAX® Next Antennas for the Fleet Vehicle Market

New 90-day high: €14.50

Airgain, Inc. (NasdaqCM:AIRG) acquired NimbeLink Corp. from First Analysis Private Equity Fund V L.P. managed by First Analysis Corporation and others for $23 million.

New 90-day high: €12.00