GTY Technology Holdings Inc.

NasdaqCM:GTYH Stock Report

Market Cap: US$374.3m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

GTY Technology Holdings Management

Management criteria checks 3/4

Key information

T. Parass

Chief executive officer

US$2.7m

Total compensation

CEO salary percentage10.75%
CEO tenure2.3yrs
CEO ownership0.2%
Management average tenure2.3yrs
Board average tenure5.8yrs

Recent management updates

Recent updates

Is GTY Technology Holdings (NASDAQ:GTYH) A Risky Investment?

Dec 15
Is GTY Technology Holdings (NASDAQ:GTYH) A Risky Investment?

Would GTY Technology Holdings (NASDAQ:GTYH) Be Better Off With Less Debt?

Mar 22
Would GTY Technology Holdings (NASDAQ:GTYH) Be Better Off With Less Debt?

The CEO, President & Director of GTY Technology Holdings Inc. (NASDAQ:GTYH), T. Parass, Just Bought 191% More Shares

Feb 24
The CEO, President & Director of GTY Technology Holdings Inc. (NASDAQ:GTYH), T. Parass, Just Bought 191% More Shares

Is GTY Technology Holdings Inc.'s (NASDAQ:GTYH) Shareholder Ownership Skewed Towards Insiders?

Feb 12
Is GTY Technology Holdings Inc.'s (NASDAQ:GTYH) Shareholder Ownership Skewed Towards Insiders?

GTY Technology Holdings'(NASDAQ:GTYH) Share Price Is Down 47% Over The Past Three Years.

Jan 08
GTY Technology Holdings'(NASDAQ:GTYH) Share Price Is Down 47% Over The Past Three Years.

Have Insiders Sold GTY Technology Holdings Inc. (NASDAQ:GTYH) Shares Recently?

Dec 04
Have Insiders Sold GTY Technology Holdings Inc. (NASDAQ:GTYH) Shares Recently?

CEO Compensation Analysis

How has T. Parass's remuneration changed compared to GTY Technology Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2022n/an/a

-US$40m

Dec 31 2021US$3mUS$290k

-US$54m

Sep 30 2021n/an/a

-US$49m

Jun 30 2021n/an/a

-US$46m

Mar 31 2021n/an/a

-US$43m

Dec 31 2020US$264kUS$185k

-US$42m

Compensation vs Market: T.'s total compensation ($USD2.70M) is about average for companies of similar size in the US market ($USD2.91M).

Compensation vs Earnings: T.'s compensation has increased whilst the company is unprofitable.


CEO

T. Parass (50 yo)

2.3yrs
Tenure
US$2,700,163
Compensation

Mr. T. J. Parass has been Chief Executive Officer, President and Director at GTY Technology Holdings Inc since March 30, 2020 and was its Executive Vice President since February 19, 2019 until March 30, 20...


Leadership Team

NamePositionTenureCompensationOwnership
T. Parass
President2.3yrsUS$2.70m0.25%
$ 922.5k
Harry You
Co Founder & Vice Chairman5.8yrsno data6.46%
$ 24.2m
John Curran
Chief Financial Officer2.9yrsUS$1.15m0.38%
$ 1.4m
David Farrell
Chief Operating Officer2.3yrsUS$1.04m1.09%
$ 4.1m
Justin Kerr
Controller & Chief Accounting Officer3.2yrsno data0.067%
$ 249.9k
Jon Bourne
Executive VP1.6yrsno datano data
John Albanese
Executive VP & Head of Salesno datano datano data
Katerina Goros
Senior VP & Head of Human Resourcesless than a yearno data0.0017%
$ 6.4k
Corry Flatt
Executive Vice President of Strategy1.3yrsno datano data
James Ha
Chief Growth Officerless than a yearno data0.27%
$ 1.0m
Joel Mahoney
Executive VP & CEO of Open Counter9.5yrsno data1.31%
$ 4.9m
Craig Ross
CEO of Ecivis & CEO of Questicano datano data0.45%
$ 1.7m
2.3yrs
Average Tenure
49.5yo
Average Age

Experienced Management: GTYH's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
T. Parass
President2.3yrsUS$2.70m0.25%
$ 922.5k
Harry You
Co Founder & Vice Chairman5.8yrsno data6.46%
$ 24.2m
Joseph Tucci
Independent Director5.8yrsno data0.54%
$ 2.0m
William Green
Independent Chairman of the Board5.8yrsno data0.65%
$ 2.4m
Randolph Cowen
Independent Director5.7yrsUS$170.00k0.12%
$ 431.9k
Charles Wert
Lead Independent Director5.7yrsUS$170.00k0.21%
$ 772.1k
5.8yrs
Average Tenure
69.5yo
Average Age

Experienced Board: GTYH's board of directors are considered experienced (5.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2022/07/07 23:41
End of Day Share Price 2022/07/07 00:00
Earnings2022/03/31
Annual Earnings2021/12/31

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.

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 Github.

Analyst Sources

GTY Technology Holdings Inc. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeffrey Van RheeCraig-Hallum Capital Group LLC
Rudy KessingerD.A. Davidson & Co.
Scott BergNeedham & Company