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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Apr. 30, 2023
Apr. 30, 2022
Apr. 30, 2021
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, 2023, 2022 and 2021. 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 22.

 

                                   

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

   

Peer Group Total Shareholder Return(3)

   

Net Income

 

2023

    $787,200       $787,200       $712,200       $712,200       $267.78       $189.99       $18,069,000  

2022

    $789,500       $789,500       $714,500       $714,500       $376.08       $192.42       $23,822,000  

2021

    $897,417       $897,417       $822,417       $822,417       $171.82       $216.23       $23,280,000  

 

(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) 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 $ 787,200 $ 789,500 $ 897,417
PEO Actually Paid Compensation Amount 787,200 789,500 897,417
Non-PEO NEO Average Total Compensation Amount 712,200 714,500 822,417
Non-PEO NEO Average Compensation Actually Paid Amount $ 712,200 714,500 822,417
Compensation Actually Paid vs. Total Shareholder Return

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 the Company’s cumulative Total Shareholder Return from the last three fiscal years.

 

graph01.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 three fiscal years.

 

graph02.jpg
   
Total Shareholder Return Amount $ 267.78 376.08 171.82
Peer Group Total Shareholder Return Amount 189.99 192.42 216.23
Net Income (Loss) $ 18,069,000 $ 23,822,000 $ 23,280,000