Numinus Wellness Management
Management criteria checks 4/4
Numinus Wellness' CEO is Michael Tan, appointed in Jan 2025, has a tenure of less than a year. total yearly compensation is CA$455.00K, comprised of 60.4% salary and 39.6% bonuses, including company stock and options. directly owns 0.75% of the company’s shares, worth $85.43K. The average tenure of the management team and the board of directors is 2.7 years and 4.3 years respectively.
Key information
Michael Tan
Chief executive officer
CA$455.0k
Total compensation
| CEO salary percentage | 60.4% |
| CEO tenure | less than a year |
| CEO ownership | 0.8% |
| Management average tenure | 2.7yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| May 31 2024 | n/a | n/a | -CA$26m |
| Feb 29 2024 | n/a | n/a | -CA$27m |
| Nov 30 2023 | n/a | n/a | -CA$28m |
| Aug 31 2023 | CA$455k | CA$275k | -CA$30m |
| May 31 2023 | n/a | n/a | -CA$44m |
| Feb 28 2023 | n/a | n/a | -CA$45m |
| Nov 30 2022 | n/a | n/a | -CA$46m |
| Aug 31 2022 | CA$621k | CA$219k | -CA$45m |
| May 31 2022 | n/a | n/a | -CA$28m |
| Feb 28 2022 | n/a | n/a | -CA$26m |
| Nov 30 2021 | n/a | n/a | -CA$22m |
| Aug 31 2021 | CA$605k | CA$223k | -CA$19m |
| May 31 2021 | n/a | n/a | -CA$14m |
| Feb 28 2021 | n/a | n/a | -CA$13m |
| Nov 30 2020 | n/a | n/a | -CA$11m |
| Aug 31 2020 | CA$164k | CA$164k | -CA$10m |
| May 31 2020 | n/a | n/a | -CA$10m |
| Feb 29 2020 | n/a | n/a | -CA$8m |
| Nov 30 2019 | n/a | n/a | -CA$7m |
| Aug 31 2019 | CA$73k | CA$73k | -CA$7m |
Compensation vs Market: Michael's total compensation ($USD319.60K) is below average for companies of similar size in the US market ($USD637.96K).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
CEO
Michael Tan
less than a year
Tenure
CA$455,000
Compensation
Mr. Michael Tan, MBA, serves as Chief Executive officer since January 2025 at Numinus Wellness Inc. and served as its Chief Operating Officer Since May 15, 2020 until January 2025 and also serves as its Di...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chair | 4.8yrs | CA$565.00k | 2.61% $ 295.6k | |
| CEO & Director | less than a year | CA$455.00k | 0.75% $ 85.4k | |
| Chief Science & Medical Officer | 2.7yrs | CA$531.42k | 0.0092% $ 1.0k | |
| Chief Clinical Officer | 2.7yrs | CA$538.76k | 0.34% $ 38.1k | |
| Interim Chief Financial Officer | less than a year | no data | no data | |
| Chief Communications Officer | 3.8yrs | no data | no data | |
| Vice President of People & Culture | 3.7yrs | no data | no data | |
| Head of Laboratory Operations | 4.3yrs | no data | no data | |
| Senior Vice President of Clinic Operations | 2.1yrs | no data | 0.0031% $ 350.9 | |
| Vice President of Psychology | 4yrs | no data | no data |
2.7yrs
Average Tenure
Experienced Management: NUMI.F's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chair | 4.8yrs | CA$565.00k | 2.61% $ 295.6k | |
| CEO & Director | 4.8yrs | CA$455.00k | 0.75% $ 85.4k | |
| Independent Director | 6.1yrs | CA$40.00k | 0.18% $ 20.4k | |
| Independent Director | 12.9yrs | CA$40.00k | 0.31% $ 34.9k | |
| Member of General Advisory Counsel | 4.3yrs | no data | no data | |
| Member of General Advisory Counsel | 4.3yrs | no data | no data | |
| Member of General Advisory Counsel | 4.3yrs | no data | no data | |
| Member of General Advisory Counsel | 4.3yrs | no data | no data | |
| Member of General Advisory Counsel | 4.3yrs | no data | no data | |
| Member of the Clinical Advisory Council | 4.3yrs | no data | no data | |
| Member of the Clinical Advisory Council | 4.3yrs | no data | no data | |
| Member of the Clinical Advisory Council | 4.3yrs | no data | no data |
4.3yrs
Average Tenure
Experienced Board: NUMI.F's board of directors are considered experienced (4.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/19 22:52 |
| End of Day Share Price | 2025/02/19 00:00 |
| Earnings | 2024/05/31 |
| Annual Earnings | 2023/08/31 |
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.
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 Github.
Analyst Sources
Numinus Wellness Inc. is covered by 2 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 |
|---|---|
| null null | Maxim Group |
| Michael Okunewitch | Maxim Group |