Absolute Software Management

Management criteria checks 3/4

Absolute Software's CEO is Christy Wyatt, appointed in Nov 2018, has a tenure of 4.67 years. total yearly compensation is $3.32M, comprised of 14% salary and 86% bonuses, including company stock and options. directly owns 0.66% of the company’s shares, worth $4.04M. The average tenure of the management team and the board of directors is 3 years and 4.6 years respectively.

Key information

Christy Wyatt

Chief executive officer

US$3.3m

Total compensation

CEO salary percentage	14.0%
CEO tenure	4.7yrs
CEO ownership	0.7%
Management average tenure	3yrs
Board average tenure	4.6yrs

Recent management updates

Recent updates

Absolute Software Non-GAAP EPS of $0.08 beats by $0.01, revenue of $54M beats by $0.9M

Aug 23

Absolute Software Crosses Revenue Milestone In FQ3 Results

Jul 26

I Buy The Dip Of Absolute Software Because Of New Acquisition And Third-Party Tools

Feb 04

CEO Compensation Analysis

How has Christy Wyatt's remuneration changed compared to Absolute Software's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2023	n/a	n/a	-US$26m
Dec 31 2022	n/a	n/a	-US$28m
Sep 30 2022	n/a	n/a	-US$26m
Jun 30 2022	US$3m	US$466k	-US$24m
Mar 31 2022	n/a	n/a	-US$22m
Dec 31 2021	n/a	n/a	-US$13m
Sep 30 2021	n/a	n/a	-US$6m
Jun 30 2021	US$2m	US$420k	US$4m
Mar 31 2021	n/a	n/a	US$9m
Dec 31 2020	n/a	n/a	US$9m
Sep 30 2020	n/a	n/a	US$10m
Jun 30 2020	US$1m	US$420k	US$11m
Mar 31 2020	n/a	n/a	US$10m
Dec 31 2019	n/a	n/a	US$11m
Sep 30 2019	n/a	n/a	US$10m
Jun 30 2019	US$3m	US$253k	US$8m

Compensation vs Market: Christy's total compensation ($USD3.32M) is about average for companies of similar size in the US market ($USD3.42M).

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

CEO

Christy Wyatt (51 yo)

4.7yrs

Tenure

US$3,319,924

Compensation

Ms. Christy Wyatt serves as Chief Executive Officer of Absolute Software Corporation and Absolute Software, Inc. since November 26, 2018. She serves as Director at Telefonaktiebolaget LM Ericsson (publ) si...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Christy Wyatt	CEO, President & Director	4.7yrs	US$3.32m	0.66% $ 4.0m
Peter Chess	General Counsel & Corporate Secretary	1.3yrs	US$1.51m	0.021% $ 125.0k
Mark Grace	Chief Revenue Officer	less than a year	US$1.11m	0.19% $ 1.2m
James Lejeal	Chief Financial Officer	less than a year	no data	no data
Nicholas Van Someren	Chief Technology Officer	4.3yrs	US$716.19k	0.058% $ 355.2k
Joo-Hun Kim	Investor Relations	no data	no data	no data
Alice Hansen	Chief Marketing Officer	less than a year	no data	no data
Robert Booker	Executive Vice President of Human Resources	3yrs	no data	no data
Matt Meanchoff	Chief Customer Officer	5.5yrs	no data	no data
Karen Reynolds	Chief Communications Officer	4.3yrs	no data	no data
William Morris	Executive VP of Product Development & Engineering	3.8yrs	US$1.20m	0.16% $ 995.2k
Edward Choi	Senior Vice President of Global Alliances	2.1yrs	no data	no data

3.0yrs

Average Tenure

56.5yo

Average Age

Experienced Management: ABST's management team is considered experienced (3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Christy Wyatt	CEO, President & Director	4.6yrs	US$3.32m	0.66% $ 4.0m
Paul Deninger	Member of Advisory Board	3.5yrs	no data	no data
Arthur Coviello	Member of Advisory Board	8.2yrs	no data	no data
Rebecca Atchison	Independent Director	3.9yrs	US$185.00k	no data
Gerhard Watzinger	Independent Director	8.6yrs	US$180.00k	no data
Daniel Ryan	Independent Chairman	12.1yrs	US$200.00k	0.25% $ 1.5m
Salvatore Visca	Independent Director	9.4yrs	US$170.00k	0.023% $ 137.7k
Gregory Monahan	Independent Director	10.6yrs	US$177.50k	0.044% $ 267.8k
Andre Mintz	Independent Director	1.9yrs	US$164.13k	no data
Charles Blauner	Industry Advisor	no data	no data	no data
John Zangardi	Member of Advisory Board	3.5yrs	no data	no data
Ann Johnson	Member of Advisory Board	3.5yrs	no data	no data

4.6yrs

Average Tenure

62yo

Average Age

Experienced Board: ABST's board of directors are considered experienced (4.6 years average tenure).

Absolute Software Management

Management criteria checks 3/4

Key information

Recent management updates

Insider recently sold US$194k worth of stock

Absolute Software Corporation Appoints of Jim Lejeal as Chief Financial Officer

Absolute Software Announces Management Changes

Absolute Software Announces Alice Hansen as New Chief Marketing Officer

Absolute Software Corporation, Annual General Meeting, Dec 07, 2022

High number of new directors

Recent updates

Absolute Software Announces the Launch of Absolute Application Health

Absolute Software Expands Application Resilience Ecosystem

Absolute Software Corporation Files Form 15

Funds affiliated with Crosspoint Capital Partners, LP completed the acquisition of Absolute Software Corporation (TSX:ABST) from Edenbrook Capital, LLC and others.

Absolute Software Corporation Obtains Final Order for Plan of Arrangement from the Supreme Court of British Columbia

Absolute Software Adds Secure Web Gateway Service to Its Differentiated Security Service Edge Solution

Third quarter 2023 earnings: EPS misses analyst expectations

Price target decreased by 7.9% to US$14.50

Funds affiliated with Crosspoint Capital Partners, LP entered into an arrangement agreement to acquire Absolute Software Corporation (TSX:ABST) for an enterprise value of approximately $870 million.

Upcoming dividend of US$0.06 per share at 2.8% yield

Now 20% undervalued after recent price drop

Insider recently sold US$194k worth of stock

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Absolute Software Corporation to Report Q2, 2023 Results on Feb 14, 2023

Upcoming dividend of US$0.06 per share at 2.0% yield

Absolute Software Corporation Declares Quarterly Dividend, Payable on February 23, 2023

Absolute Software Unveils New Product Innovations for Resilient Zero Trust

Price target increased to US$15.75

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Absolute Software Corporation Reaffirms Earnings Guidance for the Fiscal Year Ending June 30, 2023

Upcoming dividend of US$0.058 per share

Absolute Software Corporation Appoints of Jim Lejeal as Chief Financial Officer

Absolute Software Declares Quarterly Dividend, Payable on November 25, 2022

Absolute Software declares CAD 0.08 dividend

Absolute Software Corporation to Report Q1, 2023 Results on Nov 08, 2022

Absolute Software Announces Management Changes

Absolute Software Announces Alice Hansen as New Chief Marketing Officer

Absolute Software: Rising Star In The $240.27 Billion Cybersecurity Industry

Absolute Software: Blistering Growth With A $47B Remote Work Opportunity

Absolute Software Corporation, Annual General Meeting, Dec 07, 2022

Price target increased to US$15.75

Full year 2022 earnings: EPS and revenues miss analyst expectations

Absolute Software Non-GAAP EPS of $0.08 beats by $0.01, revenue of $54M beats by $0.9M

Absolute Software Corporation Bolsters Secure Endpoint Portfolio with New Resilience and Intelligence Capabilities

Upcoming dividend of US$0.08 per share

Absolute Software Crosses Revenue Milestone In FQ3 Results

Absolute Software Corporation Declares Quarterly Dividend, Payable on August 26, 2022

Absolute Software Corporation to Report Q4, 2022 Results on Aug 23, 2022

Absolute Software Adds Ivanti Neurons to Application Persistence Ecosystem

Third quarter 2022 earnings: EPS misses analyst expectations

Price target decreased to US$15.20

Upcoming dividend of US$0.064 per share

High number of new directors

Absolute Software Corporation Declares Quarterly Dividend, Payable on May 25, 2022

Absolute Software Introduces Ransomware Response Offering

Absolute Software Corporation to Report Q3, 2022 Results on May 10, 2022

Absolute Software Corporation Unveils Advances in Resilient Zero Trust Security

Absolute Software Delivers Unparalleled Device and Network Intelligence with New Product Innovations

Absolute Software Corporation Completes System and Organization Controls Type 1 Certification for NetMotion Platform

Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Absolute Software Corporation Declares Quarterly Dividend, Payable in Cash on February 25, 2022

Absolute Software Achieves Common Criteria Certification

I Buy The Dip Of Absolute Software Because Of New Acquisition And Third-Party Tools

Upcoming dividend of US$0.064 per share

Absolute Software Introduces New Resilience for Student Devices Offering

Independent Chairman recently bought US$99k worth of stock

Independent Chairman recently bought US$99k worth of stock

First quarter 2022 earnings released: US$0.15 loss per share (vs US$0.061 profit in 1Q 2021)

Absolute Software Announces General Availability of Enhanced Geolocation Capabilities

Absolute Software Corporation Announces General Availability of Absolute DataExplorer

CEO, President & Director recently bought US$107k worth of stock

Full year 2021 earnings released: EPS US$0.079 (vs US$0.25 in FY 2020)

Price target decreased to US$19.10

Investor sentiment deteriorated over the past week

Upcoming dividend of US$0.063 per share

Chief Commercial Officer Sean Maxwell has left the company

Price target increased to US$20.00

Third quarter 2021 earnings released: EPS US$0.045 (vs US$0.053 in 3Q 2020)

Absolute Software Corporation Re-Affirms Financial Outlook for the Full Year of Fiscal 2021