Biotricity Management

Management criteria checks 2/4

Biotricity's CEO is Waqaas Al-Siddiq, appointed in Jul 2014, has a tenure of 10.17 years. total yearly compensation is $1.25M, comprised of 38.3% salary and 61.7% bonuses, including company stock and options. directly owns 3.46% of the company’s shares, worth $324.25K. The average tenure of the management team and the board of directors is 6.9 years and 7 years respectively.

Key information

Waqaas Al-Siddiq

Chief executive officer

US$1.3m

Total compensation

CEO salary percentage	38.3%
CEO tenure	10.2yrs
CEO ownership	3.5%
Management average tenure	6.9yrs
Board average tenure	7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Waqaas Al-Siddiq's remuneration changed compared to Biotricity's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-US$18m
Mar 31 2024	US$1m	US$480k	-US$15m
Dec 31 2023	n/a	n/a	-US$15m
Sep 30 2023	n/a	n/a	-US$17m
Jun 30 2023	n/a	n/a	-US$18m
Mar 31 2023	US$1m	US$480k	-US$20m
Dec 31 2022	n/a	n/a	-US$21m
Sep 30 2022	n/a	n/a	-US$23m
Jun 30 2022	n/a	n/a	-US$29m
Mar 31 2022	US$887k	US$480k	-US$30m
Dec 31 2021	n/a	n/a	-US$30m
Sep 30 2021	n/a	n/a	-US$27m
Jun 30 2021	n/a	n/a	-US$19m
Mar 31 2021	US$891k	US$390k	-US$16m
Dec 31 2020	n/a	n/a	-US$16m
Sep 30 2020	n/a	n/a	-US$14m
Jun 30 2020	n/a	n/a	-US$13m
Mar 31 2020	US$2m	US$390k	-US$11m
Dec 31 2019	n/a	n/a	-US$8m
Sep 30 2019	n/a	n/a	-US$8m
Jun 30 2019	n/a	n/a	-US$8m
Mar 31 2019	US$2m	US$360k	-US$9m
Dec 31 2018	n/a	n/a	-US$10m
Sep 30 2018	n/a	n/a	-US$9m
Jun 30 2018	n/a	n/a	-US$9m
Mar 31 2018	US$1m	US$310k	-US$9m

Compensation vs Market: Waqaas's total compensation ($USD1.25M) is above average for companies of similar size in the US market ($USD681.57K).

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

CEO

Waqaas Al-Siddiq (39 yo)

10.2yrs

Tenure

US$1,254,153

Compensation

Dr. Waqaas Al-Siddiq, PhD, has founded Biotricity Inc.(formerly known as iMedical Innovations Inc.) in July 2014 and has been its Chairman, President and Chief Executive Officer since July 2014. Dr. Al-Sid...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Waqaas Al-Siddiq	Founder	10.2yrs	US$1.25m	3.46% $ 324.3k
S. Ayanoglou	Chief Financial Officer	6.9yrs	US$562.00k	1.21% $ 113.2k
Amjad Talpur	Senior Director of Operations	no data	no data	no data
George Nikopoulos	Director of Business Development	no data	no data	no data
Matt Zabel	Vice President of Sales & Strategy	no data	no data	no data
Amir Ali	Chief Development Officer	no data	no data	no data
Fareeha Siddiqui	Senior Vice President of Healthcare Solutions	less than a year	no data	no data

6.9yrs

Average Tenure

Experienced Management: BTCY's management team is seasoned and experienced (6.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Waqaas Al-Siddiq	Founder	10.2yrs	US$1.25m	3.46% $ 324.3k
John Simpson	Chair of Scientific & Medical Alliance Board and Chair of Science Alliance Board	4.5yrs	no data	no data
Daniel Sands	Member of the Board of Advisors	8.3yrs	no data	no data
Ronald McClurg	Independent Director	2.3yrs	US$32.62k	0.16% $ 14.6k
David Rosa	Independent Director	8.3yrs	US$60.00k	1.32% $ 123.6k
J. Rice	Member of the Board of Advisors	8.3yrs	no data	no data
John Rother	Member of the Board of Advisors	8.3yrs	no data	no data
Thomas Nelson	Member of the Board of Advisors	8.3yrs	no data	no data
Donald Cross	Member of Scientific & Medical Alliance Board	5.8yrs	no data	no data
Edward Lazaga	Member of Scientific & Medical Alliance Board	5.8yrs	no data	no data
Imran Mohiuddin	Member of Scientific & Medical Alliance Board	5.8yrs	no data	no data
Radoslaw Kiesz	Member of Scientific & Medical Alliance Board	5.8yrs	no data	no data

7.0yrs

Average Tenure

64yo

Average Age

Experienced Board: BTCY's board of directors are considered experienced (7 years average tenure).

Biotricity Management

Management criteria checks 2/4

Key information

Recent management updates

Biotricity, Inc., Annual General Meeting, Aug 15, 2024

Less than half of directors are independent

Less than half of directors are independent

Biotricity Announces Management Changes

High number of new directors

High number of new directors

Recent updates

Biotricity, Inc. announced delayed 10-Q filing

Biotricity, Inc. Receives Non-Compliance Letter from Nasdaq Regarding Bid Price Rule

Biotricity, Inc., Annual General Meeting, Aug 15, 2024

Biotricity Adds 60-Site, Multi-State Hospital Cardiac Monitoring Pilot Program

Biotricity, Inc. Launches Direct-To-Consumer Heart Health Screening Service, Heartsecure, Making Heart Health Services

Biotricity, Inc. has filed a Follow-on Equity Offering in the amount of $2.684644 million.

Biotricity Inc. Announces High Demand for Its Latest Device, Biotres Pro

Biotricity, Inc. has withdrawn its Follow-on Equity Offering in the amount of $10.55 million.

Nasdaq Notifies Biotricity That the Nasdaq Hearings Panel Grants Its Request to Continue Its Listing on Nasdaq

Biotricity, Inc. announced that it has received $2 million in funding

Biotricity Announces Strategic Partnership for Cardiac Screenings in Patients with Co-Morbidities

Biotricity, Inc. announced a financing transaction

Biotricity Unveils That Improved Margins Resulted from Latest Advancements to Its Proprietary Cardiac Ai Cloud Platform and Announces Plans for Continued Expansion of Its Cardiac AI Cloud

Biotricity, Inc. has filed a Follow-on Equity Offering in the amount of $10.55 million.

Biotricity, Inc. has filed a Follow-on Equity Offering in the amount of $10.55 million.

Biotricity, Inc. announced delayed 10-Q filing

Biotricity, Inc. Receives A Delisting Determination Letter from the Listing Qualifications Department of the Nasdaq Stock Market

Investors Give Biotricity, Inc. (NASDAQ:BTCY) Shares A 38% Hiding

Biotricity Inc. Expands Development of its Cardiac AI Cloud Platform with Data Ecosystem of over 360 Billion Heartbeats

New major risk - Share price stability

Second quarter 2024 earnings released: US$0.44 loss per share (vs US$0.57 loss in 2Q 2023)

Biotricity, Inc. to Report Q2, 2024 Results on Nov 14, 2023

Biotricity Releases Another Groundbreaking Product: Biotres Pro

New major risk - Market cap size

Many Still Looking Away From Biotricity, Inc. (NASDAQ:BTCY)

Biotricity Continues to Expand Patent Portfolio with Latest Patent Filing for Bioheart Device

Biotricity, Inc. Announces Patent Filing for Cutting-Edge Biotres Device

Biotricity, Inc. has completed a Follow-on Equity Offering.

New major risk - Financial position

First quarter 2024 earnings released: US$0.069 loss per share (vs US$0.59 loss in 1Q 2023)

Biotricity Receives Deficiency Letter from Nasdaq Regarding Non-Compliance with the Market Value of Listed Securities Requirement

Biotricity Inc. Expands Its Proprietary AI Model and Deepens Relationship with Amazon Aws and Google's Tensor Flow for Remote Cardiac Care Applications

Biotricity Regains Nasdaq Listing Compliance

Biotricity, Inc. Provides Earnings Guidance for the First Fiscal Quarter Ended June 30, 2023

Full year 2023 earnings released: US$0.38 loss per share (vs US$0.67 loss in FY 2022)

Third quarter 2023 earnings: Revenues exceed analyst expectations

Biotricity Receives A Letter from Nasdaq Capital Market Regarding Minimum Bid Price

Consensus revenue estimates fall by 19%

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Price target decreased to US$3.83

Less than half of directors are independent

Biotricity, Inc. Launches Cardiac Disease Management Solution Following 2 Successful Pilots with Oklahoma & Kentucky Clinics

Less than half of directors are independent

Biotricity GAAP EPS of -$0.09, revenue of $2.06M

Biotricity Announces Management Changes

Biotricity, Inc.: A First Take

Biotricity, Inc. announced delayed annual 10-K filing

Is Biotricity (NASDAQ:BTCY) Using Debt In A Risky Way?

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Biotricity, Inc. to Report Q3, 2022 Results on Feb 14, 2022

High number of new directors

Does Biotricity (NASDAQ:BTCY) Have A Healthy Balance Sheet?

High number of new directors

Biotricity: Capital Raise Leads To Buying Opportunity

Biotricity Common Stock Deleted from Other OTC

Biotricity, Inc. announced delayed 10-Q filing

Biotricity, Inc. Announces Earnings Guidance for the Fiscal 2022

Biotricity, Inc. to Report Q3, 2021 Results on Feb 11, 2021

Biotricity, Inc. announced that it has received $9.5575 million in funding

Biotricity Announces New Solution for Personal Heart Management with Bioheart

Biotricity, Inc. Prepares 510(k) FDA Filing for Biotres

Biotricity Inc. Announces Launch of Its Bioflux® Direct Program

Biotricity, Inc. announced a financing transaction

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure