Generation Income Properties Management

Management criteria checks 2/4

Generation Income Properties' CEO is David Sobelman, appointed in Jan 2015, has a tenure of 9.25 years. total yearly compensation is $288.30K, comprised of 52% salary and 48% bonuses, including company stock and options. directly owns 2.84% of the company’s shares, worth $583.46K. The average tenure of the management team and the board of directors is 1.3 years and 4.8 years respectively.

Key information

David Sobelman

Chief executive officer

US$288.3k

Total compensation

CEO salary percentage	52.0%
CEO tenure	9.3yrs
CEO ownership	2.8%
Management average tenure	1.3yrs
Board average tenure	4.8yrs

Recent management updates

Recent updates

Generation Income Properties declines dividend by 27.8% to $0.039

Oct 04

Generation Income Properties GAAP EPS of -$0.46, revenue of $1.4M beats by $0.22M

Aug 15

Generation Income Properties goes ex-dividend tomorrow

Jul 13

CEO Compensation Analysis

How has David Sobelman's remuneration changed compared to Generation Income Properties's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-US$6m
Sep 30 2023	n/a	n/a	-US$5m
Jun 30 2023	n/a	n/a	-US$4m
Mar 31 2023	n/a	n/a	-US$4m
Dec 31 2022	US$288k	US$150k	-US$3m
Sep 30 2022	n/a	n/a	-US$3m
Jun 30 2022	n/a	n/a	-US$2m
Mar 31 2022	n/a	n/a	-US$1m
Dec 31 2021	US$109k	US$100k	-US$1m
Sep 30 2021	n/a	n/a	-US$882k
Jun 30 2021	n/a	n/a	-US$2m
Mar 31 2021	n/a	n/a	-US$2m
Dec 31 2020	US$103k	US$100k	-US$2m
Sep 30 2020	n/a	n/a	-US$2m
Jun 30 2020	n/a	n/a	-US$1m
Mar 31 2020	n/a	n/a	-US$2m
Dec 31 2019	US$100k	US$100k	-US$2m
Sep 30 2019	n/a	n/a	-US$1m
Jun 30 2019	n/a	n/a	-US$1m
Mar 31 2019	n/a	n/a	-US$614k
Dec 31 2018	US$75k	US$75k	-US$456k

Compensation vs Market: David's total compensation ($USD288.30K) is below average for companies of similar size in the US market ($USD668.06K).

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

CEO

David Sobelman (51 yo)

9.3yrs

Tenure

US$288,300

Compensation

Mr. David Sobelman serves as Chairman of the Board of Directors and President, Secretary, of Generation Income Properties, Inc. (the “Company”) and also serves as its Assistant Treasurer. He founded the Co...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
David Sobelman	Chairman	9.3yrs	US$288.30k	2.84% $ 583.5k
Cerontie Cook	VP of Accounting and Principal Financial & Accounting Officer	less than a year	no data	no data
Emily Cusmano	Chief of Staff	no data	no data	no data
Beth Sedgwick	Corporate Controller	1.3yrs	no data	no data

1.3yrs

Average Tenure

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

Board Members

Name	Position	Tenure	Compensation	Ownership
David Sobelman	Chairman	9.3yrs	US$288.30k	2.84% $ 583.5k
Melvin Lazar	Member of Advisory Board	9yrs	no data	no data
James Graff	Member of Advisory Board	9yrs	no data	no data
Gena Cheng	Independent Director	2.5yrs	US$50.00k	0.29% $ 60.5k
Benjamin Adams	Lead Independent Director	4.8yrs	US$50.00k	0.39% $ 79.6k
Patrick Quilty	Independent Director	4.8yrs	US$50.00k	0.43% $ 88.9k
Douglas Band	Member of Advisory Board	9yrs	no data	no data
Betsy Peck	Independent Director	4.2yrs	US$50.00k	0.57% $ 117.4k
Stuart Eisenberg	Independent Director	4.2yrs	US$50.00k	0.44% $ 90.8k

4.8yrs

Average Tenure

53.5yo

Average Age

Experienced Board: GIPR's board of directors are considered experienced (4.8 years average tenure).

Generation Income Properties Management

Management criteria checks 2/4

Key information

Recent management updates

Generation Income Properties, Inc. Appoints Ron Cook as Principal Financial and Accounting Officer

Generation Income Properties, Inc. Announces Departure of Allison Davies as Chief Financial Officer, Effective November 15, 2023

High number of new and inexperienced directors

Generation Income Properties, Inc. and Generation Income Properties, L.P. Announces Executive Appointments

High number of new and inexperienced directors

Recent updates

Generation Income Properties, Inc. Announces Continued Monthly Cash Distribution, Payable on or About April 30, 2024

Generation Income Properties, Inc. announced delayed annual 10-K filing

Upcoming dividend of US$0.039 per share

Dividend of US$0.039 announced

Upcoming dividend of US$0.039 per share at 13% yield

New major risk - Market cap size

Upcoming dividend of US$0.039 per share at 12% yield

Generation Income Properties, Inc. Appoints Ron Cook as Principal Financial and Accounting Officer

New major risk - Revenue and earnings growth

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of US$0.039 per share at 12% yield

Generation Income Properties, Inc. to Report Q3, 2023 Results on Nov 14, 2023

New major risk - Market cap size

Generation Income Properties, Inc. Announces Departure of Allison Davies as Chief Financial Officer, Effective November 15, 2023

Generation Income Properties, Inc. Announces Cash Distribution for the Month of October, November, and December 2023, Payable on or About October 30, 2023, November 30, 2023, and December 30, 2023

Upcoming dividend of US$0.039 per share at 12% yield

New major risk - Market cap size

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of US$0.039 per share at 11% yield

Generation Income Properties, Inc. to Report Q2, 2023 Results on Aug 14, 2023

Generation Income Properties, Inc. Announces Cash Distribution for the Month of July, August, and September 2023, Payable on or About July 30, 2023, August 30, 2023, and September 30, 2023 Respectively

Upcoming dividend of US$0.039 per share at 12% yield

Consensus EPS estimates fall by 13%, revenue upgraded

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of US$0.039 per share at 11% yield

Full year 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased by 13% to US$6.50

Upcoming dividend of US$0.039 per share at 8.6% yield

Upcoming dividend of US$0.039 per share at 9.2% yield

Upcoming dividend of US$0.039 per share

Consensus estimates of losses per share improve by 12%

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Price target decreased to US$7.50

Upcoming dividend of US$0.039 per share

Generation Income Properties, Inc. to Report Q3, 2022 Results on Nov 14, 2022

Generation Income Properties declines dividend by 27.8% to $0.039

Upcoming dividend of US$0.054 per share

Generation Income Properties GAAP EPS of -$0.46, revenue of $1.4M beats by $0.22M

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Generation Income Properties, Inc. to Report Q2, 2022 Results on Aug 12, 2022

Upcoming dividend of US$0.054 per share

Generation Income Properties goes ex-dividend tomorrow

Upcoming dividend of US$0.054 per share

Generation Income Properties, Inc. Declares Monthly Cash Distributions for the Month of July, August, and September 2022, Payable on July 30, 2022, August 30, 2022, and September 30, 2022

Upcoming dividend of US$0.054 per share

First quarter 2022 earnings released: US$0.26 loss per share (vs US$0.81 loss in 1Q 2021)

Generation Income Properties, Inc. to Report Q1, 2022 Results on May 12, 2022

Upcoming dividend of US$0.054 per share

High number of new and inexperienced directors

Upcoming dividend of US$0.054 per share

Generation Income Properties, Inc. Declares Regular Monthly Cash Distributions for the Month of April, May, and June 2022, Payable on or About April 30, 2022, May 30, 2022, and June 30, 202

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of US$0.054 per share

Upcoming dividend of US$0.054 per share

Generation Income Properties, Inc. and Generation Income Properties, L.P. Announces Executive Appointments

Generation Income Properties, Inc. (NasdaqCM:GIPR) completed the acquisition of 2,600 square feet single-tenant retail building in Tampa, Florida.

Generation Income Properties, Inc. (NasdaqCM:GIPR) acquired 11,000 SF Medical Building in Chicago, Illinois for $3.1 million.

Upcoming dividend of US$0.054 per share

High number of new and inexperienced directors

Third quarter 2021 earnings released: EPS US$0.48 (vs US$1.06 loss in 3Q 2020)

Upcoming dividend of US$0.054 per share

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age