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Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Apr. 30, 2024
Apr. 30, 2023
Apr. 30, 2022
Apr. 30, 2021
Apr. 30, 2020
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table

Pay Versus Performance

 

As required by Item 402(v) of Regulation S-K, we are providing the following information about the relationship between executive compensation actually paid and certain financial performance of the Company for each of the last three fiscal years ended April 30, 2024, 2023 and 2022. We did not use any financial performance measures to link “compensation actually paid” (“CAP”) to company performance in a manner that can act as a “Company-Selected Measure” under the relevant rules. As such, we do not have a “Company-Selected Measure”. We therefore do not provide a tabular list of such performance measures. For further information regarding our compensation philosophy, please review the Compensation Discussion and Analysis beginning on page 20.

 

 

                                   

Value of Initial Fixed $100

Investment Based On:

          

Fiscal

Year

  

Summary Compensation

Table Total for

PEO(1)

    

Compensation

Actually Paid to

PEO(1)

    

Average

Summary Compensation

Table Total for

Non-PEO

NEOs(2)

    

Average

Compensation

Actually Paid to

Non-PEO

NEOs(2)

    

Total

Shareholder

Return

(TSR)(3)

    

Peer Group

Total

Shareholder

Return(3)

    

Net Income

  

2024

   $ 938,200     $ 938,200     $ 908,485     $ 908,485     $ 176.91     $ 172.76     $ 19,016,000  

2023

   $ 787,200     $ 787,200     $ 712,200     $ 712,200     $ 217.87     $ 150.56     $ 18,069,000  

2022

   $ 789,500     $ 789,500     $ 714,500     $ 714,500     $ 305.99     $ 152.48     $ 23,822,000  

2021

   $ 897,417     $ 897,417     $ 822,417     $ 822,417     $ 139.79     $ 171.36     $ 23,280,000  

2020

   $ 869,712     $ 869,712     $ 744,712     $ 744,712     $ 137.62     $ 129.10     $ 14,943,000  

 

(1) Howard A. Brecher served as Principal Executive Officer (“PEO”) of the Company for each of the years listed.

 

(2) Stephen R. Anastasio served as the only Non-PEO Named Executive Officer (“NEO”) of the Company for each of the years listed.

 

(3) Total Shareholder Return is abbreviated “TSR.” The Peer Group TSR in this table utilizes a custom group of similar in industry peers as disclosed in the Compensation Discussion and Analysis for each of the years listed. AutoWeb, Inc. was included in the peer group in previous years, but has been excluded from the peer group TSR in the above table because it was acquired by another company during 2022.

        
PEO Total Compensation Amount $ 938,200 $ 787,200 $ 789,500 $ 897,417 $ 869,712
PEO Actually Paid Compensation Amount 938,200 787,200 789,500 897,417 869,712
Non-PEO NEO Average Total Compensation Amount 908,485 712,200 714,500 822,417 744,712
Non-PEO NEO Average Compensation Actually Paid Amount $ 908,485 712,200 714,500 822,417 744,712
Compensation Actually Paid vs. Total Shareholder Return

The following chart sets forth the relationship between Compensation Actually Paid to our PEO, Compensation Actually Paid to our Vice President, Mr. Anastasio, and the Company’s cumulative Total Shareholder Return for the last five fiscal years.

 

pic1.jpg

 

 

        
Compensation Actually Paid vs. Net Income

The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and our Net Income during the last five fiscal years.

 

pic2.jpg

 

        
Total Shareholder Return Amount $ 176.91 217.87 305.99 139.79 137.62
Peer Group Total Shareholder Return Amount 172.76 150.56 152.48 171.36 129.1
Net Income (Loss) $ 19,016,000 $ 18,069,000 $ 23,822,000 $ 23,280,000 $ 14,943,000