Magnet Forensics Inc.

OTCPK:MAGT.F Stock Report

Market Cap: US$1.4b

This company has been acquired

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

Magnet Forensics Management

Management criteria checks 2/4

Key information

Adam Belsher

Chief executive officer

US$1.1m

Total compensation

CEO salary percentage39.17%
CEO tenure11.6yrs
CEO ownership27.3%
Management average tenure2yrs
Board average tenure8.8yrs

Recent management updates

No updates

Recent updates

No updates

CEO Compensation Analysis

How has Adam Belsher's remuneration changed compared to Magnet Forensics's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2022n/an/a

US$4m

Sep 30 2022n/an/a

US$263k

Jun 30 2022n/an/a

US$1m

Mar 31 2022n/an/a

US$4m

Dec 31 2021US$1mUS$446k

US$7m

Compensation vs Market: Adam's total compensation ($USD1.14M) is below average for companies of similar size in the US market ($USD5.44M).

Compensation vs Earnings: Insufficient data to compare Adam's compensation with company performance.


CEO

Adam Belsher (47 yo)

11.6yrs
Tenure
US$1,139,828
Compensation

Mr. Adam Brent Belsher joined the Magnet Forensics Inc. in 2011. He is Chief Executive Officer of Magnet Forensics Inc. and has been its Director since September 01, 2011. He has experience in the global t...


Leadership Team

NamePositionTenureCompensationOwnership
Adam Belsher
CEO & Directorno dataUS$1.14m27.33%
$ 369.4m
Jad Saliba
Founder13.3yrsUS$1.13m28.66%
$ 387.4m
Angelo Loberto
Chief Operating Officerno dataUS$686.15k2.45%
$ 33.1m
Scott Williams
Chief Strategy Officer4.9yrsUS$616.34k0.0022%
$ 30.3k
Craig McLennan
Chief Revenue Officer2yrsUS$3.68m0.027%
$ 365.7k
Peter Vreeswyk
Chief Financial Officer1.2yrsno data0.24%
$ 3.3m
Matthieu Suiche
Director of Memory1.3yrsno datano data
Vivian Leung
General Counsel1yrno datano data
Rosalynn Medaglia
Vice President of Marketing4.6yrsno datano data
Joshua Hurwitz
Vice President of Corporate Development1.9yrsno data0.0021%
$ 28.2k
Jody Stecho
Vice President of Human Resources3.3yrsno datano data
Geoff Maggillivray
Senior Vice President of Product & Engineering1.3yrsno data0.19%
$ 2.6m
2.0yrs
Average Tenure
46yo
Average Age

Experienced Management: MAGT.F's management team is not considered experienced ( 2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Adam Belsher
CEO & Director11.6yrsUS$1.14m27.33%
$ 369.4m
Jad Saliba
Founder12.5yrsUS$1.13m28.66%
$ 387.4m
James Balsillie
Independent Chairman of the Board8.8yrsUS$100.00k15.04%
$ 203.3m
Carol Leaman
Independent Director2.3yrsUS$100.00k0.014%
$ 192.9k
Jerome Pickett
Independent Director2.3yrsUS$100.00k0.0049%
$ 65.6k
8.8yrs
Average Tenure
47yo
Average Age

Experienced Board: MAGT.F's board of directors are considered experienced (8.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/04/06 16:48
End of Day Share Price 2023/03/07 00:00
Earnings2022/12/31
Annual Earnings2022/12/31

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

Magnet Forensics Inc. is covered by 6 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thanos MoschopoulosBMO Capital Markets Equity Research
Douglas TaylorCanaccord Genuity
Stephanie PriceCIBC Capital Markets