ToughBuilt Industries, Inc.

OTCPK:TBLT Stock Report

Market Cap: US$2.9m

ToughBuilt Industries Management

Management criteria checks 3/4

ToughBuilt Industries' CEO is Michael Panosian, appointed in Jan 2012, has a tenure of 13.17 years. total yearly compensation is $1.14M, comprised of 57.2% salary and 42.8% bonuses, including company stock and options. directly owns 0.011% of the company’s shares, worth $320.09. The average tenure of the management team and the board of directors is 13.2 years and 6 years respectively.

Key information

Michael Panosian

Chief executive officer

US$1.1m

Total compensation

CEO salary percentage57.2%
CEO tenure13.2yrs
CEO ownership0.01%
Management average tenure13.2yrs
Board average tenure6yrs

Recent management updates

Recent updates

ToughBuilt: Too Tough To Write It Off Yet, Here's Why

Oct 17

ToughBuilt Industries adds new distributors in Germany

Oct 05

ToughBuilt Industries adds two wholesale tool distributors in Switzerland

Sep 22

ToughBuilt Stock: The Business Has Real Value, But Still Has Work To Do

Sep 06

ToughBuilt Industries GAAP EPS of -$9.45, revenue of $17.9M

Aug 19

ToughBuilt signs supply agreement with hardware distributor and hardware super-cooperative

Aug 08

ToughBuilt stock gains on launch of 93 products on Amazon Italy, Germany

Aug 01

ToughBuilt Industries to raise $20M in stock offering alongwith preferred investment options

Jul 25

ToughBuilt generates $3.56M in Q2 gross sales through Amazon

Jul 11

ToughBuilt: Poor Expense Management Has Turned A Great Business Into A Poor Stock

Feb 04

Rainbows and Unicorns: The ToughBuilt Industries, Inc. (NASDAQ:TBLT) Analyst Just Became A Lot More Optimistic

Dec 03
Rainbows and Unicorns: The ToughBuilt Industries, Inc. (NASDAQ:TBLT) Analyst Just Became A Lot More Optimistic

Is ToughBuilt Stock A Good Stock To Buy Or Sell? It's A Huge Gamble, So Probably Both

Jul 23

CEO Compensation Analysis

How has Michael Panosian's remuneration changed compared to ToughBuilt Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023US$1mUS$650k

-US$46m

Sep 30 2023n/an/a

-US$51m

Jun 30 2023n/an/a

-US$37m

Mar 31 2023n/an/a

-US$43m

Dec 31 2022US$2mUS$635k

-US$47m

Sep 30 2022n/an/a

-US$39m

Jun 30 2022n/an/a

-US$48m

Mar 31 2022n/an/a

-US$44m

Dec 31 2021US$465kUS$435k

-US$38m

Sep 30 2021n/an/a

-US$34m

Jun 30 2021n/an/a

-US$25m

Mar 31 2021n/an/a

-US$20m

Dec 31 2020US$463kUS$445k

-US$19m

Sep 30 2020n/an/a

-US$10m

Jun 30 2020n/an/a

-US$12m

Mar 31 2020n/an/a

-US$10m

Dec 31 2019US$429kUS$385k

-US$6m

Sep 30 2019n/an/a

-US$29m

Jun 30 2019n/an/a

-US$30m

Mar 31 2019n/an/a

-US$33m

Dec 31 2018US$890kUS$276k

-US$32m

Compensation vs Market: Michael's total compensation ($USD1.14M) is above average for companies of similar size in the US market ($USD642.87K).

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

CEO

Michael Panosian (61 yo)

13.2yrs

Tenure

US$1,135,540

Compensation

Mr. Michael Panosian Co-Founded ToughBuilt Industries, Inc. in 2012 and serves as its Chief Executive Officer and President since 2012 and also serves as its Chairman and has been its Director since Januar...

Leadership Team

NamePositionTenureCompensationOwnership
Michael Panosian
Co-Founder13.2yrsUS$1.14m0.011%
$ 320.1
Joshua Keeler
Co-Founder13.2yrsUS$713.14k0.0092%
$ 266.1
Martin Galstyan
CFO and Principal Financial & Accounting Officer4.7yrsUS$505.09k0%
$ 0
Zareh Khachatoorian
COO & Secretaryno dataUS$505.09k0.0057%
$ 166.0
Jolie Kahn
General Counselno datano datano data

13.2yrs

Average Tenure

59yo

Average Age

Experienced Management: TBLT's management team is seasoned and experienced (13.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Michael Panosian
Co-Founder13.2yrsUS$1.14m0.011%
$ 320.1
Joshua Keeler
Co-Founder5.8yrsUS$713.14k0.0092%
$ 266.1
Robert Faught
Independent Director6.3yrsUS$75.00kno data
Monica Pitterle
Independent Directorless than a yearno datano data

6.0yrs

Average Tenure

62yo

Average Age

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

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/17 08:18
End of Day Share Price 2025/03/12 00:00
Earnings2023/12/31
Annual Earnings2023/12/31

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.

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 Github.

Analyst Sources

ToughBuilt Industries, Inc. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kevin DedeH.C. Wainwright & Co.
Jack Vander AardeMaxim Group