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Shareholders May Be More Conservative With Ossia International Limited's (SGX:O08) CEO Compensation For Now

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Key Insights

Performance at Ossia International Limited (SGX:O08) has been reasonably good and CEO Steven Goh has done a decent job of steering the company in the right direction. As shareholders go into the upcoming AGM on 23rd of July, CEO compensation will probably not be their focus, but rather the steps management will take to continue the growth momentum. However, some shareholders may still be hesitant of being overly generous with CEO compensation.

View our latest analysis for Ossia International

Comparing Ossia International Limited's CEO Compensation With The Industry

According to our data, Ossia International Limited has a market capitalization of S$39m, and paid its CEO total annual compensation worth S$508k over the year to March 2024. We note that's a decrease of 20% compared to last year. While this analysis focuses on total compensation, it's worth acknowledging that the salary portion is lower, valued at S$157k.

For comparison, other companies in the Singapore Retail Distributors industry with market capitalizations below S$269m, reported a median total CEO compensation of S$39k. Accordingly, our analysis reveals that Ossia International Limited pays Steven Goh north of the industry median. What's more, Steven Goh holds S$8.9m worth of shares in the company in their own name, indicating that they have a lot of skin in the game.

Component

2024

2023

Proportion (2024)

Salary

S$157k

S$197k

31%

Other

S$351k

S$439k

69%

Total Compensation

S$508k

S$636k

100%

On an industry level, around 96% of total compensation represents salary and 4% is other remuneration. Ossia International sets aside a smaller share of compensation for salary, in comparison to the overall industry. If non-salary compensation dominates total pay, it's an indicator that the executive's salary is tied to company performance.

ceo-compensation
SGX:O08 CEO Compensation July 16th 2024

Ossia International Limited's Growth

Ossia International Limited's earnings per share (EPS) grew 11% per year over the last three years. In the last year, its revenue changed by just 0.09%.

This demonstrates that the company has been improving recently and is good news for the shareholders. While it would be good to see revenue growth, profits matter more in the end. Although we don't have analyst forecasts, you might want to assess this data-rich visualization of earnings, revenue and cash flow.