electroCore, Inc.

NasdaqCM:ECOR Stock Report

Market Cap: US$106.6m

electroCore Management

Management criteria checks 1/4

electroCore's CEO is Dan Goldberger, appointed in Oct 2019, has a tenure of 5.17 years. total yearly compensation is $1.28M, comprised of 46.9% salary and 53.1% bonuses, including company stock and options. directly owns 2.68% of the company’s shares, worth $2.86M. The average tenure of the management team and the board of directors is 1.3 years and 4.7 years respectively.

Key information

Dan Goldberger

Chief executive officer

US$1.3m

Total compensation

CEO salary percentage46.9%
CEO tenure5.2yrs
CEO ownership2.7%
Management average tenure1.3yrs
Board average tenure4.7yrs

Recent management updates

Recent updates

Why Investors Shouldn't Be Surprised By electroCore, Inc.'s (NASDAQ:ECOR) 27% Share Price Surge

Dec 18
Why Investors Shouldn't Be Surprised By electroCore, Inc.'s (NASDAQ:ECOR) 27% Share Price Surge

electroCore, Inc. (NASDAQ:ECOR) Soars 34% But It's A Story Of Risk Vs Reward

Oct 08
electroCore, Inc. (NASDAQ:ECOR) Soars 34% But It's A Story Of Risk Vs Reward

We Think electroCore (NASDAQ:ECOR) Can Afford To Drive Business Growth

Sep 25
We Think electroCore (NASDAQ:ECOR) Can Afford To Drive Business Growth

electroCore sees Q3 revenue below consensus

Oct 14

electroCore is issued 4 new U.S. patents in nVNS therapy

Sep 21

electroCore sees Q2 revenue estimate higher than consensus

Jul 12

We Think electroCore (NASDAQ:ECOR) Can Afford To Drive Business Growth

Apr 29
We Think electroCore (NASDAQ:ECOR) Can Afford To Drive Business Growth

electroCore: Pioneering Bioelectronic Medicine

Jan 06

electroCore completes sale of $1.4M of NOL tax benefits

Jun 09

CEO Compensation Analysis

How has Dan Goldberger's remuneration changed compared to electroCore's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$13m

Jun 30 2024n/an/a

-US$14m

Mar 31 2024n/an/a

-US$16m

Dec 31 2023US$1mUS$601k

-US$19m

Sep 30 2023n/an/a

-US$21m

Jun 30 2023n/an/a

-US$22m

Mar 31 2023n/an/a

-US$22m

Dec 31 2022US$998kUS$557k

-US$22m

Sep 30 2022n/an/a

-US$21m

Jun 30 2022n/an/a

-US$20m

Mar 31 2022n/an/a

-US$17m

Dec 31 2021US$1mUS$525k

-US$17m

Sep 30 2021n/an/a

-US$19m

Jun 30 2021n/an/a

-US$19m

Mar 31 2021n/an/a

-US$21m

Dec 31 2020US$920kUS$500k

-US$24m

Sep 30 2020n/an/a

-US$26m

Jun 30 2020n/an/a

-US$32m

Mar 31 2020n/an/a

-US$39m

Dec 31 2019US$2mUS$125k

-US$45m

Compensation vs Market: Dan's total compensation ($USD1.28M) is above average for companies of similar size in the US market ($USD651.40K).

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

CEO

Dan Goldberger (65 yo)

5.2yrs

Tenure

US$1,281,333

Compensation

Mr. Daniel S. Goldberger, also known as Dan, has been Chief Executive Officer and Director of electroCore, Inc. since October 1, 2019. Mr. Goldberger served as Executive Chairman at Repro Med Systems, Inc....

Leadership Team

NamePositionTenureCompensationOwnership
Daniel Goldberger
CEO & Director5.2yrsUS$1.28m2.68%
$ 2.9m
Thomas Errico
Founder & Independent Directorno dataUS$158.13k3.03%
$ 3.2m
Joshua Lev
Chief Financial Officerless than a yearno datano data
Michael Romaniw
Executive Vice President of Systems & Operations5.9yrsno datano data
Donald Melnikoff
Senior Vice President of Engineeringless than a yearno datano data
Mitch Deshon
Vice President of Global Sales & Business Development1.3yrsno datano data
Michael Mansfield
Vice President of Marketingless than a yearno datano data
Carrie Kochek
Senior Director of Human Resources4.1yrsno datano data
Peter Staats
Chief Medical Officer4.9yrsUS$1.21mno data
Manuel Marques
Senior Vice President of Operations1.3yrsno datano data
Amanda Yanuklis
Chief of Staff1.2yrsno datano data

1.3yrs

Average Tenure

63yo

Average Age

Experienced Management: ECOR's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Daniel Goldberger
CEO & Director5.2yrsUS$1.28m2.68%
$ 2.9m
Thomas Errico
Founder & Independent Director19.3yrsUS$158.13k3.03%
$ 3.2m
Thomas Patton
Independent Director4.7yrsUS$165.50k0.48%
$ 515.7k
Frank Cuneo
Independent Chairman of the Board4.7yrsUS$210.25k0.086%
$ 92.1k
John Gandolfo
Independent Director4.7yrsUS$155.83k0.035%
$ 36.8k
Patricia Wilber
Independent Director2.8yrsUS$151.50k0.38%
$ 402.9k
Julie Bruzzone-Goldstein
Independent Director2.8yrsUS$150.88k1.1%
$ 1.2m
Charles Theofilos
Independent Directorless than a yearno data6.48%
$ 6.9m

4.7yrs

Average Tenure

64yo

Average Age

Experienced Board: ECOR's board of directors are considered experienced (4.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 02:20
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
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 here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

electroCore, Inc. is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brian Kemp DolliverBrookline Capital Markets
Tyler BussianBrookline Capital Markets
Sean LavinBTIG