In This Article:
Key Insights
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Precipio to hold its Annual General Meeting on 13th of June
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CEO Ilan Danieli's total compensation includes salary of US$300.0k
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Total compensation is similar to the industry average
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Precipio's EPS grew by 14% over the past three years while total shareholder loss over the past three years was 93%
In the past three years, the share price of Precipio, Inc. (NASDAQ:PRPO) has struggled to grow and now shareholders are sitting on a loss. However, what is unusual is that EPS growth has been positive, suggesting that the share price has diverged from fundamentals. The AGM coming up on the 13th of June could be an opportunity for shareholders to bring these concerns to the board's attention. Voting on resolutions such as executive remuneration and other matters could also be a way to influence management. We think shareholders might be reluctant to increase compensation for the CEO at the moment, according to our analysis below.
Check out our latest analysis for Precipio
How Does Total Compensation For Ilan Danieli Compare With Other Companies In The Industry?
According to our data, Precipio, Inc. has a market capitalization of US$8.3m, and paid its CEO total annual compensation worth US$473k over the year to December 2023. Notably, that's a decrease of 41% over the year before. In particular, the salary of US$300.0k, makes up a huge portion of the total compensation being paid to the CEO.
In comparison with other companies in the American Healthcare industry with market capitalizations under US$200m, the reported median total CEO compensation was US$618k. So it looks like Precipio compensates Ilan Danieli in line with the median for the industry.
| Component | 2023 | 2022 | Proportion (2023) |
| Salary | US$300k | US$300k | 63% |
| Other | US$173k | US$505k | 37% |
| Total Compensation | US$473k | US$805k | 100% |
Talking in terms of the industry, salary represented approximately 21% of total compensation out of all the companies we analyzed, while other remuneration made up 79% of the pie. Precipio pays out 63% of remuneration in the form of a salary, significantly higher than the industry average. If salary is the major component in total compensation, it suggests that the CEO receives a higher fixed proportion of the total compensation, regardless of performance.
A Look at Precipio, Inc.'s Growth Numbers
Over the past three years, Precipio, Inc. has seen its earnings per share (EPS) grow by 14% per year. It achieved revenue growth of 62% over the last year.
Shareholders would be glad to know that the company has improved itself over the last few years. It's great to see that revenue growth is strong, too. These metrics suggest the business is growing strongly. We don't have analyst forecasts, but you could get a better understanding of its growth by checking out this more detailed historical graph of earnings, revenue and cash flow.