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Here's Why Ease2pay N.V.'s (AMS:EAS2P) CEO May Not Expect A Pay Rise This Year

In This Article:

Key Insights

  • Ease2pay to hold its Annual General Meeting on 21st of June

  • CEO Gijs van Lookeren Campagne's total compensation includes salary of €88.0k

  • Total compensation is 70% below industry average

  • Over the past three years, Ease2pay's EPS fell by 67% and over the past three years, the total loss to shareholders 82%

The disappointing performance at Ease2pay N.V. (AMS:EAS2P) will make some shareholders rather disheartened. There is an opportunity for shareholders to influence management to turn the performance around by voting on resolutions such as executive remuneration at the AGM coming up on 21st of June. From our analysis below, we think CEO compensation looks appropriate for now.

Check out our latest analysis for Ease2pay

Comparing Ease2pay N.V.'s CEO Compensation With The Industry

At the time of writing, our data shows that Ease2pay N.V. has a market capitalization of €13m, and reported total annual CEO compensation of €88k for the year to December 2023. That's a fairly small increase of 7.3% over the previous year. It is worth noting that the CEO compensation consists entirely of the salary, worth €88k.

For comparison, other companies in the the Netherlands IT industry with market capitalizations below €187m, reported a median total CEO compensation of €293k. This suggests that Gijs van Lookeren Campagne is paid below the industry median.

Component

2023

2022

Proportion (2023)

Salary

€88k

€82k

100%

Other

-

-

-

Total Compensation

€88k

€82k

100%

On an industry level, roughly 71% of total compensation represents salary and 29% is other remuneration. On a company level, Ease2pay prefers to reward its CEO through a salary, opting not to pay Gijs van Lookeren Campagne through non-salary benefits. If salary dominates total compensation, it suggests that CEO compensation is leaning less towards the variable component, which is usually linked with performance.

ceo-compensation
ENXTAM:EAS2P CEO Compensation June 15th 2024

Ease2pay N.V.'s Growth

Over the last three years, Ease2pay N.V. has shrunk its earnings per share by 67% per year. In the last year, its revenue is down 20%.

The decline in EPS is a bit concerning. This is compounded by the fact revenue is actually down on last year. So given this relatively weak performance, shareholders would probably not want to see high compensation for the CEO. Although we don't have analyst forecasts, you might want to assess this data-rich visualization of earnings, revenue and cash flow.

Has Ease2pay N.V. Been A Good Investment?

Few Ease2pay N.V. shareholders would feel satisfied with the return of -82% over three years. So shareholders would probably want the company to be less generous with CEO compensation.