POSaBIT Systems Management
Management criteria checks 1/4
POSaBIT Systems' CEO is Ryan Hamlin, appointed in Apr 2019, has a tenure of 5.67 years. total yearly compensation is $1.48M, comprised of 28.3% salary and 71.7% bonuses, including company stock and options. directly owns 6.83% of the company’s shares, worth $520.65K. The average tenure of the management team and the board of directors is 1.3 years and 3.7 years respectively.
Key information
Ryan Hamlin
Chief executive officer
US$1.5m
Total compensation
| CEO salary percentage | 28.3% |
| CEO tenure | 5.7yrs |
| CEO ownership | 6.8% |
| Management average tenure | 1.3yrs |
| Board average tenure | 3.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$6m |
| Jun 30 2024 | n/a | n/a | -US$12m |
| Mar 31 2024 | n/a | n/a | -US$13m |
| Dec 31 2023 | US$1m | US$419k | -US$14m |
| Sep 30 2023 | n/a | n/a | -US$5m |
| Jun 30 2023 | n/a | n/a | US$1m |
| Mar 31 2023 | n/a | n/a | US$3m |
| Dec 31 2022 | US$468k | US$245k | US$5m |
| Sep 30 2022 | n/a | n/a | -US$4m |
| Jun 30 2022 | n/a | n/a | -US$9m |
| Mar 31 2022 | n/a | n/a | -US$11m |
| Dec 31 2021 | US$329k | US$184k | -US$11m |
| Sep 30 2021 | n/a | n/a | -US$8m |
| Jun 30 2021 | n/a | n/a | -US$2m |
| Mar 31 2021 | n/a | n/a | -US$1m |
| Dec 31 2020 | US$210k | US$180k | -US$1m |
| Sep 30 2020 | n/a | n/a | -US$2m |
| Jun 30 2020 | n/a | n/a | -US$3m |
| Mar 31 2020 | n/a | n/a | -US$5m |
| Dec 31 2019 | US$158k | US$158k | -US$5m |
Compensation vs Market: Ryan's total compensation ($USD1.48M) is above average for companies of similar size in the US market ($USD650.86K).
Compensation vs Earnings: Ryan's compensation has increased whilst the company is unprofitable.
CEO
Ryan Hamlin (55 yo)
5.7yrs
Tenure
US$1,482,696
Compensation
Mr. Ryan Hamlin is a Co-Founder of POSaBIT Systems Corporation (formerly known as POSaBIT, Inc.) and serves as its Chief Executive Officer, President and Director since April 5, 2019.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 5.7yrs | US$1.48m | 6.83% $ 520.7k | |
| Chief Financial Officer | less than a year | US$66.00k | no data | |
| Chief Product Officer | 1.3yrs | US$225.65k | no data | |
| Chief Operations Officer | 1.3yrs | no data | no data | |
| Chief Technical Officer | 5.7yrs | no data | 0.013% $ 974.2 | |
| Chief of Staff | no data | no data | no data | |
| Corporate Controller | no data | no data | no data |
1.3yrs
Average Tenure
57yo
Average Age
Experienced Management: POSA.F's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 5.7yrs | US$1.48m | 6.83% $ 520.7k | |
| Lead Independent Director | 3.7yrs | US$150.17k | 0.38% $ 28.9k | |
| Director | 4.5yrs | US$53.01k | 7.78% $ 593.5k | |
| Director | 2.5yrs | US$53.01k | 0.49% $ 37.4k | |
| Director | 3.4yrs | US$97.50k | 1.63% $ 124.2k |
3.7yrs
Average Tenure
59yo
Average Age
Experienced Board: POSA.F's board of directors are considered experienced (3.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 11:58 |
| End of Day Share Price | 2024/12/20 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
POSaBIT Systems Corporation is covered by 0 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.
| Analyst | Institution |
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