OMNIQ Management

Management criteria checks 3/4

OMNIQ's CEO is Shai Lustgarten, appointed in Apr 2017, has a tenure of 7.08 years. total yearly compensation is $748.00K, comprised of 80.2% salary and 19.8% bonuses, including company stock and options. directly owns 9.89% of the company’s shares, worth $392.29K. The average tenure of the management team and the board of directors is 0.7 years and 4.1 years respectively.

Key information

Shai Lustgarten

Chief executive officer

US$748.0k

Total compensation

CEO salary percentage	80.2%
CEO tenure	7.1yrs
CEO ownership	9.9%
Management average tenure	less than a year
Board average tenure	4.1yrs

Recent management updates

Recent updates

Market Cool On OMNIQ Corp.'s (NASDAQ:OMQS) Revenues Pushing Shares 25% Lower

Apr 17

OMNIQ Corp. (NASDAQ:OMQS) Just Reported, And Analysts Assigned A US$13.00 Price Target

Nov 18

Israel’s Ministry of Health awards omniQ $10M

Oct 10

omniQ secures a purchase order to deploy its AI- Machine Vision Solution at Duluth International Airport

Oct 04

CEO Compensation Analysis

How has Shai Lustgarten's remuneration changed compared to OMNIQ's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$748k	US$600k	-US$29m
Sep 30 2023	n/a	n/a	-US$16m
Jun 30 2023	n/a	n/a	-US$15m
Mar 31 2023	n/a	n/a	-US$15m
Dec 31 2022	US$2m	US$588k	-US$14m
Sep 30 2022	n/a	n/a	-US$12m
Jun 30 2022	n/a	n/a	-US$14m
Mar 31 2022	n/a	n/a	-US$13m
Dec 31 2021	US$1m	US$583k	-US$13m
Sep 30 2021	n/a	n/a	-US$14m
Jun 30 2021	n/a	n/a	-US$13m
Mar 31 2021	n/a	n/a	-US$12m
Dec 31 2020	US$2m	US$523k	-US$12m
Sep 30 2020	n/a	n/a	-US$11m
Jun 30 2020	n/a	n/a	-US$9m
Mar 31 2020	n/a	n/a	-US$8m
Dec 31 2019	US$782k	US$489k	-US$5m
Sep 30 2019	n/a	n/a	-US$4m
Jun 30 2019	n/a	n/a	-US$3m
Mar 31 2019	n/a	n/a	-US$5m
Dec 31 2018	US$984k	US$262k	-US$5m
Sep 30 2018	n/a	n/a	-US$5m
Jun 30 2018	n/a	n/a	-US$5m
Mar 31 2018	n/a	n/a	-US$3m
Dec 31 2017	US$499k	US$193k	-US$2m

Compensation vs Market: Shai's total compensation ($USD748.00K) is about average for companies of similar size in the US market ($USD667.63K).

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

CEO

Shai Lustgarten (53 yo)

7.1yrs

Tenure

US$748,000

Compensation

Mr. Shai Shalom Lustgarten has been the Chief Executive Officer of OMNIQ Corp. since April 1, 2017 and serves as its President and also serves as its interim CFO since November 17, 2023. Mr. Lustgarten ser...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Shai Lustgarten	Interim CFO	7.1yrs	US$748.00k	9.89% $ 392.3k
Eli Uziel	Chief Operating Officer	no data	no data	no data
Margo Goodrich	Principal Accounting Officer & Director of Finance	less than a year	no data	no data
Yoram Hofman	Chief Technology Officer	no data	no data	no data
Megan Clark	Marketing Manager	less than a year	no data	no data

0.7yrs

Average Tenure

Experienced Management: OMQS's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Shai Lustgarten	Interim CFO	3.3yrs	US$748.00k	9.89% $ 392.3k
Yaron Shalem	Independent Director	7.1yrs	US$24.00k	0.28% $ 10.9k
Israel Singer	Independent Director	less than a year	no data	no data
Guy Elhanani	Independent Director	2.8yrs	US$24.00k	0% $ 0
Barak Hershkovitz	Member of Advisory Board	4.1yrs	no data	no data
Mina Teicher	Independent Director & Inaugural Member of the Advisory Board	5.3yrs	no data	0% $ 0
Yair Grinberg	Inaugural Member of the Advisory Board	5.3yrs	no data	no data

4.1yrs

Average Tenure

53yo

Average Age

Experienced Board: OMQS's board of directors are considered experienced (4.1 years average tenure).

OMNIQ Management

Management criteria checks 3/4

Key information

Recent management updates

OMNIQ Corp., Annual General Meeting, Apr 08, 2024

OmniQ Corp. Announces Management Changes

OmniQ Corp. Announces Executive Changes

CFO & Director recently sold US$54k worth of stock

Less than half of directors are independent

OMNIQ Corp. Appoints Mina Teicher to the Board of Directors

Recent updates

Omniq Announces the Launch of seeQ Innovative Customer Site & Device Management Software App for Enhanced Operational Efficiency of Its Ai Machine Vision Solution

New major risk - Share price stability

Full year 2023 earnings: EPS and revenues miss analyst expectations

OMNIQ Corp. to Report Fiscal Year 2023 Results on Apr 01, 2024

OMNIQ Corp., Annual General Meeting, Apr 08, 2024

OMNIQ Receives New Notice from The Nasdaq Stock Market LLC Regarding Non-Compliance with Nasdaq Listing Rule 5550(B)(2)

OMNIQ Corp. Receives Non-Compliance Notice From Nasdaq

New major risk - Revenue and earnings growth

OmniQ Corp. Announces Management Changes

OmniQ Receives a Notice from the Staff of the Listing Qualifications Department of the Nasdaq Stock Market

OmniQ Corp. Announces Executive Changes

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

OMNIQ Corp. to Report Q3, 2023 Results on Nov 13, 2023

OMNIQ Corp. has completed a Follow-on Equity Offering in the amount of $3 million.

New major risk - Share price stability

Consensus revenue estimates fall by 13%

New major risk - Financial position

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

OMNIQ Corp. to Report Q2, 2023 Results on Aug 14, 2023

OMNIQ Corp. (NasdaqCM : OMQS) agreed to acquire Tadiran Telecom (TTL) L.P. for $15.2 million.

OMNIQ Corp. (NasdaqCM : OMQS) agreed to acquire Tadiran Telecom (TTL) L.P. for $15.2 million.

CFO & Director recently sold US$54k worth of stock

Consensus EPS estimates fall by 27%

First quarter 2023 earnings: EPS misses analyst expectations

OMNIQ Corp. to Report Q1, 2023 Results on May 15, 2023

Market Cool On OMNIQ Corp.'s (NASDAQ:OMQS) Revenues Pushing Shares 25% Lower

Consensus EPS estimates fall by 36%

Full year 2022 earnings: EPS and revenues miss analyst expectations

Less than half of directors are independent

OMNIQ Corp. Appoints Mina Teicher to the Board of Directors

OMNIQ Corp. Appoints Yaron Shalem as Directors

Consensus forecasts updated

OMNIQ Corp., Annual General Meeting, Dec 15, 2022

OMNIQ Corp. (NASDAQ:OMQS) Just Reported, And Analysts Assigned A US$13.00 Price Target

Price target decreased to US$13.00

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

OMNIQ Corp. to Report Q3, 2022 Results on Nov 14, 2022

Israel’s Ministry of Health awards omniQ $10M

omniQ secures a purchase order to deploy its AI- Machine Vision Solution at Duluth International Airport

Consensus EPS estimates fall by 39%

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Would OMNIQ (NASDAQ:OMQS) Be Better Off With Less Debt?

omniQ nabs initial order for U.S. casual fast-food chain

OMNIQ nabs $1M in supply chain project

OMNIQ nabs $4.1M purchase order for supply chain advanced equipment

OMNIQ Corp. Announces AI Based Q Shield System Solved First Missing Person Case

Price target decreased to US$14.33

Consensus forecasts updated

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

Forecast breakeven date pushed back to 2023

Consensus EPS estimates fall by 26%

Consensus EPS estimates fall by 58%

Price target decreased to US$14.83

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Is OMNIQ (NASDAQ:OMQS) A Risky Investment?

Chairman of the Board exercised options to buy US$422k worth of stock.

Third quarter 2021 earnings released: US$1.45 loss per share (vs US$0.83 loss in 3Q 2020)

OMNIQ Corp. announced that it has received $14.999999 million in funding

omniQ Corp.'s AI Based Solutions Expands into African Market in with Professional Logistics South Africa

OMNIQ Corp Receives $6.8 Million Purchase Agreement from Leading Specialty Retailer

OMNIQ Corp. Announces $3.5 Million Expanded Project with A Multi-Billion Dollar Global Metal Solutions Provider

OMNIQ Corp.’s Proprietary AI Based Vehicle Recognition Systems Selected for Urban Traffic Management and Regulation Enforcement Projects

OMNIQ Corp. Receives $2.1 Million Purchase Order for Software Solution for Data & Iot Device Management, from A Fortune 100 Retailer

OMNIQ Corp. Deploys Q Shield

OMNIQ Corp. Receives $6.1 Million Purchase Agreement from Leading U.S. Food Distributor

OMNIQ Receives $1.0 Million Purchase Order for IoT Contactless Data Collection Solution

OMNIQ Announces Partnership with Check Point Software Technologies on ZoneAlarm Cyber Security Solution

Non-U.S. Government Leader Selects OMNIQ Corp. AI-Based Machine Vision Safety System for Security and Protection

OMNIQ Corp. Receives Order for Los Angeles International Airport Modernization Project by Hub Parking Technology