Yahoo Finance

Key Insights

• TrustBIX to hold its Annual General Meeting on 18th of April

• Salary of CA$200.0k is part of CEO Hubert Lau's total remuneration

• The overall pay is 43% below the industry average

• TrustBIX's EPS grew by 12% over the past three years while total shareholder loss over the past three years was 99%

Performance at TrustBIX Inc. (CVE:TBIX) has been rather uninspiring recently and shareholders may be wondering how CEO Hubert Lau plans to fix this. They will get a chance to exercise their voting power to influence the future direction of the company in the next AGM on 18th of April. Voting on executive pay could be a powerful way to influence management, as studies have shown that the right compensation incentives impact company performance. We have prepared some analysis below to show that CEO compensation looks to be reasonable.

View our latest analysis for TrustBIX

Comparing TrustBIX Inc.'s CEO Compensation With The Industry

At the time of writing, our data shows that TrustBIX Inc. has a market capitalization of CA$697k, and reported total annual CEO compensation of CA$200k for the year to September 2023. That's a notable increase of 18% on last year. Notably, the salary of CA$200k is the entirety of the CEO compensation.

In comparison with other companies in the Canadian Software industry with market capitalizations under CA$274m, the reported median total CEO compensation was CA$348k. In other words, TrustBIX pays its CEO lower than the industry median.

Speaking on an industry level, nearly 70% of total compensation represents salary, while the remainder of 30% is other remuneration. On a company level, TrustBIX prefers to reward its CEO through a salary, opting not to pay Hubert Lau through non-salary benefits. If total compensation veers towards salary, it suggests that the variable portion - which is generally tied to performance, is lower.

TrustBIX Inc.'s Growth

TrustBIX Inc. has seen its earnings per share (EPS) increase by 12% a year over the past three years. In the last year, its revenue is up 20%.

This demonstrates that the company has been improving recently and is good news for the shareholders. It's also good to see decent revenue growth in the last year, suggesting the business is healthy and growing. While we don't have analyst forecasts for the company, shareholders might want to examine this detailed historical graph of earnings, revenue and cash flow.

Has TrustBIX Inc. Been A Good Investment?

Few TrustBIX Inc. shareholders would feel satisfied with the return of -99% over three years. So shareholders would probably want the company to be less generous with CEO compensation.