Codexis, Inc.

NasdaqGS:CDXS Stock Report

Market Cap: US$429.7m

Codexis Management

Management criteria checks 2/4

Codexis' CEO is Stephen Dilly, appointed in Aug 2022, has a tenure of 2.33 years. total yearly compensation is $3.64M, comprised of 19.5% salary and 80.5% bonuses, including company stock and options. directly owns 0.56% of the company’s shares, worth $2.42M. The average tenure of the management team and the board of directors is 2.2 years and 2.1 years respectively.

Key information

Stephen Dilly

Chief executive officer

US$3.6m

Total compensation

CEO salary percentage19.5%
CEO tenure2.3yrs
CEO ownership0.6%
Management average tenure2.2yrs
Board average tenure2.1yrs

Recent management updates

Recent updates

Is Codexis (NASDAQ:CDXS) Using Debt In A Risky Way?

Dec 10
Is Codexis (NASDAQ:CDXS) Using Debt In A Risky Way?

Codexis, Inc.'s (NASDAQ:CDXS) 29% Jump Shows Its Popularity With Investors

Nov 07
Codexis, Inc.'s (NASDAQ:CDXS) 29% Jump Shows Its Popularity With Investors

After Leaping 26% Codexis, Inc. (NASDAQ:CDXS) Shares Are Not Flying Under The Radar

Jul 26
After Leaping 26% Codexis, Inc. (NASDAQ:CDXS) Shares Are Not Flying Under The Radar

Is Codexis (NASDAQ:CDXS) Weighed On By Its Debt Load?

Jul 12
Is Codexis (NASDAQ:CDXS) Weighed On By Its Debt Load?

Investors Appear Satisfied With Codexis, Inc.'s (NASDAQ:CDXS) Prospects

May 29
Investors Appear Satisfied With Codexis, Inc.'s (NASDAQ:CDXS) Prospects

Codexis, Inc.'s (NASDAQ:CDXS) Shares Leap 56% Yet They're Still Not Telling The Full Story

Dec 20
Codexis, Inc.'s (NASDAQ:CDXS) Shares Leap 56% Yet They're Still Not Telling The Full Story

What Does Codexis, Inc.'s (NASDAQ:CDXS) Share Price Indicate?

Dec 19
What Does Codexis, Inc.'s (NASDAQ:CDXS) Share Price Indicate?

Is Codexis (NASDAQ:CDXS) In A Good Position To Deliver On Growth Plans?

Nov 15
Is Codexis (NASDAQ:CDXS) In A Good Position To Deliver On Growth Plans?

Lacklustre Performance Is Driving Codexis, Inc.'s (NASDAQ:CDXS) Low P/S

Jun 28
Lacklustre Performance Is Driving Codexis, Inc.'s (NASDAQ:CDXS) Low P/S

Calculating The Intrinsic Value Of Codexis, Inc. (NASDAQ:CDXS)

Jun 07
Calculating The Intrinsic Value Of Codexis, Inc. (NASDAQ:CDXS)

At US$3.41, Is It Time To Put Codexis, Inc. (NASDAQ:CDXS) On Your Watch List?

May 09
At US$3.41, Is It Time To Put Codexis, Inc. (NASDAQ:CDXS) On Your Watch List?

Analysts Just Made A Major Revision To Their Codexis, Inc. (NASDAQ:CDXS) Revenue Forecasts

Feb 27
Analysts Just Made A Major Revision To Their Codexis, Inc. (NASDAQ:CDXS) Revenue Forecasts

We're Not Worried About Codexis' (NASDAQ:CDXS) Cash Burn

Feb 25
We're Not Worried About Codexis' (NASDAQ:CDXS) Cash Burn

Is Codexis, Inc. (NASDAQ:CDXS) Trading At A 28% Discount?

Nov 05
Is Codexis, Inc. (NASDAQ:CDXS) Trading At A 28% Discount?

Codexis appoints Kevin Norrett as chief operating officer

Oct 03

We Think Codexis (NASDAQ:CDXS) Can Afford To Drive Business Growth

Aug 23
We Think Codexis (NASDAQ:CDXS) Can Afford To Drive Business Growth

Analysts Have Just Cut Their Codexis, Inc. (NASDAQ:CDXS) Revenue Estimates By 10%

Jul 28
Analysts Have Just Cut Their Codexis, Inc. (NASDAQ:CDXS) Revenue Estimates By 10%

Codexis: Profitability, Return On Capital Are Persistent Headwinds Looking Ahead

Jul 27

CEO Compensation Analysis

How has Stephen Dilly's remuneration changed compared to Codexis's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$62m

Jun 30 2024n/an/a

-US$76m

Mar 31 2024n/an/a

-US$65m

Dec 31 2023US$4mUS$710k

-US$76m

Sep 30 2023n/an/a

-US$82m

Jun 30 2023n/an/a

-US$57m

Mar 31 2023n/an/a

-US$48m

Dec 31 2022US$6mUS$279k

-US$34m

Sep 30 2022n/an/a

-US$31m

Jun 30 2022n/an/a

-US$19m

Mar 31 2022n/an/a

-US$21m

Dec 31 2021US$175kn/a

-US$21m

Sep 30 2021n/an/a

-US$15m

Jun 30 2021n/an/a

-US$23m

Mar 31 2021n/an/a

-US$25m

Dec 31 2020US$241kn/a

-US$24m

Compensation vs Market: Stephen's total compensation ($USD3.64M) is above average for companies of similar size in the US market ($USD2.16M).

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

CEO

Stephen Dilly (64 yo)

2.3yrs

Tenure

US$3,638,098

Compensation

Dr. Stephen George Dilly, M.B.B.S, Ph D., has been Independent Director of Codexis, Inc. since June 16, 2020 and also serves as Chairman of the Board since 2024 and also has been its President and Chief Ex...

Leadership Team

NamePositionTenureCompensationOwnership
Stephen Dilly
President2.3yrsUS$3.64m0.56%
$ 2.4m
Kevin Norrett
Chief Operating Officer2.2yrsUS$1.09m0.14%
$ 622.3k
Alison Moore
Chief Technology Officerless than a yearUS$190.00k0.12%
$ 521.1k
Georgia Erbez
Chief Financial Officerless than a yearno datano data
Carrie McKim
Director of Investor Relationsno datano datano data
Karen Frechou-Armijo
Senior VP & Head of Human Resources3.1yrsno datano data
Stefan Lutz
Senior Vice President of Research4.6yrsno datano data
John Schiffhauer
Senior Vice President of Intellectual Propertyless than a yearno datano data

2.2yrs

Average Tenure

57yo

Average Age

Experienced Management: CDXS's management team is considered experienced (2.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Stephen Dilly
President4.5yrsUS$3.64m0.56%
$ 2.4m
H. Parker
Independent Director2yrsUS$180.00k0.13%
$ 541.7k
John M. Maraganore
Member of Strategic Advisory Boardless than a yearno datano data
David Smith
Lead Independent Director8.8yrsUS$195.00k0.19%
$ 809.4k
Carole Cobb
Member of Strategic Advisory Boardless than a yearno datano data
Dennis Wolf
Independent Director17yrsUS$190.00k0.13%
$ 564.6k
Rahul Singhvi
Independent Director2.2yrsUS$196.73k0.12%
$ 507.2k
James Lalonde
Member of Strategic Advisory Boardless than a yearUS$1.02mno data
Masad Damha
Member of Strategic Advisory Boardless than a yearno datano data
Byron Dorgan
Independent Director13.8yrsUS$222.75k0.27%
$ 1.2m
Raymond De Vre
Directorless than a yearno datano data
Esther Martinborough
Independent Director3.8yrsUS$175.00k0.11%
$ 464.9k

2.1yrs

Average Tenure

64yo

Average Age

Experienced Board: CDXS's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 07:54
End of Day Share Price 2024/12/23 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Codexis, Inc. is covered by 20 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
J. HorwitzBaird
Vishal ShahBarclays
Robert WassermanBenchmark Company