Zynex Management
Management criteria checks 4/4
We currently do not have sufficient information about the CEO.
Key information
Thomas Sandgaard
Chief executive officer
US$1.2m
Total compensation
| CEO salary percentage | 53.4% |
| CEO tenure | 29yrs |
| CEO ownership | 45.9% |
| Management average tenure | 4.2yrs |
| Board average tenure | 7yrs |
Recent management updates
Recent updates
Zynex's (NASDAQ:ZYXI) Returns On Capital Not Reflecting Well On The Business
Nov 12
Zynex (NASDAQ:ZYXI) Seems To Use Debt Quite Sensibly
Oct 26Zynex, Inc.: 2025 Looks Like A Brighter Year
Oct 09With Zynex, Inc. (NASDAQ:ZYXI) It Looks Like You'll Get What You Pay For
Jul 31Earnings Update: Here's Why Analysts Just Lifted Their Zynex, Inc. (NASDAQ:ZYXI) Price Target To US$19.88
May 03Earnings Miss: Zynex, Inc. Missed EPS By 33% And Analysts Are Revising Their Forecasts
Mar 03Why Investors Shouldn't Be Surprised By Zynex, Inc.'s (NASDAQ:ZYXI) P/E
Jan 24Is Zynex (NASDAQ:ZYXI) Using Too Much Debt?
Aug 03Are Investors Undervaluing Zynex, Inc. (NASDAQ:ZYXI) By 43%?
Mar 30Should You Be Adding Zynex (NASDAQ:ZYXI) To Your Watchlist Today?
Jan 23Short Squeeze Candidate With Low PEG Ratio: Zynex
Oct 05Zynex begins enrollment in blood loss detection trial for CM-1600 monitoring system
Sep 21These 4 Measures Indicate That Zynex (NASDAQ:ZYXI) Is Using Debt Safely
Aug 02Zynex Cures The Pain Of Its Shareholders: Q2 Results
Aug 01Zynex: Upside Looks Well Priced In, Efficiency Headwinds Remain
Jul 25Is Zynex, Inc. (NASDAQ:ZYXI) Trading At A 46% Discount?
Jul 12Zynex June and Q2 orders hit all-time high, re-affirms Q2 and FY22 guidance
Jul 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$5m |
| Jun 30 2024 | n/a | n/a | US$6m |
| Mar 31 2024 | n/a | n/a | US$8m |
| Dec 31 2023 | US$1m | US$650k | US$10m |
| Sep 30 2023 | n/a | n/a | US$16m |
| Jun 30 2023 | n/a | n/a | US$17m |
| Mar 31 2023 | n/a | n/a | US$17m |
| Dec 31 2022 | US$1m | US$575k | US$17m |
| Sep 30 2022 | n/a | n/a | US$18m |
| Jun 30 2022 | n/a | n/a | US$20m |
| Mar 31 2022 | n/a | n/a | US$19m |
| Dec 31 2021 | US$988k | US$496k | US$17m |
| Sep 30 2021 | n/a | n/a | US$10m |
| Jun 30 2021 | n/a | n/a | US$5m |
| Mar 31 2021 | n/a | n/a | US$5m |
| Dec 31 2020 | US$1m | US$480k | US$9m |
| Sep 30 2020 | n/a | n/a | US$10m |
| Jun 30 2020 | n/a | n/a | US$11m |
| Mar 31 2020 | n/a | n/a | US$10m |
| Dec 31 2019 | US$527k | US$480k | US$9m |
| Sep 30 2019 | n/a | n/a | US$9m |
| Jun 30 2019 | n/a | n/a | US$10m |
| Mar 31 2019 | n/a | n/a | US$10m |
| Dec 31 2018 | US$1m | US$480k | US$10m |
Compensation vs Market: Thomas's total compensation ($USD1.22M) is about average for companies of similar size in the US market ($USD1.38M).
Compensation vs Earnings: Thomas's compensation has been consistent with company performance over the past year.
CEO
Thomas Sandgaard (65 yo)
29yrs
Tenure
US$1,217,895
Compensation
Mr. Thomas Sandgaard founded Zynex, Inc. in 1996 and has been its Chairman, Chief Executive Officer and President since 1996. Mr. Sandgaard served as the Chief Financial Officer and Chief Accounting Office...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 29yrs | US$1.22m | 45.86% $ 118.3m | |
| Chief Financial Officer | 7.6yrs | US$883.15k | 0.083% $ 213.0k | |
| Chief Operating Officer | 4yrs | US$714.40k | 0.069% $ 178.5k | |
| Executive Vice President of Sales | no data | no data | no data | |
| President of Zynex Monitoring Solutions | 2yrs | no data | no data | |
| President & COO of Zynex Monitoring Solutions | 4.2yrs | no data | no data |
4.2yrs
Average Tenure
52yo
Average Age
Experienced Management: ZYXI's management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 29yrs | US$1.22m | 45.86% $ 118.3m | |
| Independent Director | 7yrs | US$159.70k | 0.20% $ 505.6k | |
| Independent Director | 7yrs | US$154.70k | 0.20% $ 505.6k | |
| Independent Director | 6.8yrs | US$154.70k | 0.23% $ 583.2k |
7.0yrs
Average Tenure
65.5yo
Average Age
Experienced Board: ZYXI's board of directors are considered experienced (7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 00:57 |
| End of Day Share Price | 2025/01/08 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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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 .
Analyst Sources
Zynex, Inc. is covered by 9 analysts. 3 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 |
|---|---|
| Marc Wiesenberger | B. Riley Securities, Inc. |
| Parth Talsania | Equisights |
| Yi Chen | H.C. Wainwright & Co. |