Verbrec Limited

ASX:VBC Stock Report

Market Cap: AU$42.4m

Verbrec Management

Management criteria checks 2/4

Verbrec's CEO is Mark Read, appointed in Mar 2023, has a tenure of 2.67 years. total yearly compensation is A$831.96K, comprised of 58.4% salary and 41.6% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth A$134.49K. The average tenure of the management team and the board of directors is 2.7 years and 6.1 years respectively.

Key information

Mark Read

Chief executive officer

AU$832.0k

Total compensation

CEO salary percentage58.40%
CEO tenure2.7yrs
CEO ownership0.3%
Management average tenure2.7yrs
Board average tenure6.1yrs

Recent management updates

Recent updates

Verbrec Limited's (ASX:VBC) Shares Leap 38% Yet They're Still Not Telling The Full Story

Nov 10
Verbrec Limited's (ASX:VBC) Shares Leap 38% Yet They're Still Not Telling The Full Story

Even With A 26% Surge, Cautious Investors Are Not Rewarding Verbrec Limited's (ASX:VBC) Performance Completely

Sep 25
Even With A 26% Surge, Cautious Investors Are Not Rewarding Verbrec Limited's (ASX:VBC) Performance Completely

Here's Why Verbrec (ASX:VBC) Can Manage Its Debt Responsibly

Sep 10
Here's Why Verbrec (ASX:VBC) Can Manage Its Debt Responsibly

Revenues Not Telling The Story For Verbrec Limited (ASX:VBC) After Shares Rise 39%

Jul 31
Revenues Not Telling The Story For Verbrec Limited (ASX:VBC) After Shares Rise 39%

Revenues Not Telling The Story For Verbrec Limited (ASX:VBC) After Shares Rise 25%

Jun 16
Revenues Not Telling The Story For Verbrec Limited (ASX:VBC) After Shares Rise 25%

Positive Sentiment Still Eludes Verbrec Limited (ASX:VBC) Following 33% Share Price Slump

Mar 03
Positive Sentiment Still Eludes Verbrec Limited (ASX:VBC) Following 33% Share Price Slump
User avatar

Focusing On Sustainable Technologies And Market Expansion Will Secure Future Success

Focusing on emerging sustainable technologies and energy transitions is expected to drive revenue growth in electrification and energy storage markets.

These 4 Measures Indicate That Verbrec (ASX:VBC) Is Using Debt Reasonably Well

Sep 27
These 4 Measures Indicate That Verbrec (ASX:VBC) Is Using Debt Reasonably Well

Verbrec Limited's (ASX:VBC) Shareholders Might Be Looking For Exit

Aug 20
Verbrec Limited's (ASX:VBC) Shareholders Might Be Looking For Exit

We Think Verbrec (ASX:VBC) Has A Fair Chunk Of Debt

May 06
We Think Verbrec (ASX:VBC) Has A Fair Chunk Of Debt

There's Reason For Concern Over Verbrec Limited's (ASX:VBC) Massive 48% Price Jump

Feb 28
There's Reason For Concern Over Verbrec Limited's (ASX:VBC) Massive 48% Price Jump

Verbrec Limited's (ASX:VBC) 29% Share Price Plunge Could Signal Some Risk

Nov 24
Verbrec Limited's (ASX:VBC) 29% Share Price Plunge Could Signal Some Risk

Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?

Nov 10
Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?

Is Verbrec (ASX:VBC) Using Too Much Debt?

Jun 05
Is Verbrec (ASX:VBC) Using Too Much Debt?

Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?

Dec 14
Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?

I Ran A Stock Scan For Earnings Growth And Verbrec (ASX:VBC) Passed With Ease

May 13
I Ran A Stock Scan For Earnings Growth And Verbrec (ASX:VBC) Passed With Ease

Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?

Mar 29
Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?

Declining Stock and Decent Financials: Is The Market Wrong About Verbrec Limited (ASX:VBC)?

Mar 03
Declining Stock and Decent Financials: Is The Market Wrong About Verbrec Limited (ASX:VBC)?

Is There More To The Story Than Verbrec's (ASX:VBC) Earnings Growth?

Jan 25
Is There More To The Story Than Verbrec's (ASX:VBC) Earnings Growth?

Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?

Dec 21
Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?

Is LogiCamms (ASX:LCM) Likely To Turn Things Around?

Nov 29
Is LogiCamms (ASX:LCM) Likely To Turn Things Around?

CEO Compensation Analysis

How has Mark Read's remuneration changed compared to Verbrec's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025AU$832kAU$486k

AU$4m

Mar 31 2025n/an/a

AU$3m

Dec 31 2024n/an/a

AU$3m

Sep 30 2024n/an/a

AU$4m

Jun 30 2024AU$609kAU$460k

AU$5m

Mar 31 2024n/an/a

AU$1m

Dec 31 2023n/an/a

-AU$2m

Sep 30 2023n/an/a

-AU$4m

Jun 30 2023AU$180kAU$135k

-AU$6m

Compensation vs Market: Mark's total compensation ($USD540.03K) is above average for companies of similar size in the Australian market ($USD296.98K).

Compensation vs Earnings: Mark's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Mark Read

2.7yrs
Tenure
AU$831,964
Compensation

Mr. Mark Read serves as Chief Executive Officer at Verbrec Limited since March 13, 2023 and also serves as its Chief Operating Officer. He has experience across publicly listed and privately held engineeri...

Leadership Team

NamePositionTenureCompensationOwnership
Mark Read
CEO & COO2.7yrsAU$831.96k0.32%
A$ 134.5k
Richard Aden
Chief Financial Officer2.3yrsAU$540.52k0.44%
A$ 186.5k
Joel Voss
Contracts & Procurement Manager and Company Secretary3.4yrsAU$333.09k0.47%
A$ 198.9k
Debra Mair
General Manager of People & Capabilityno datano datano data
Dominic Wood
General Manager of Asset Managementno datano datano data
2.7yrs
Average Tenure

Experienced Management: VBC's management team is considered experienced (2.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Matthew Morgan
Independent Non-Executive Director6.1yrsAU$85.00k0.30%
A$ 125.6k
Phillip Campbell
Independent Non-Executive Chairman6.1yrsAU$140.00k0.59%
A$ 247.9k
Brian O'Sullivan
Non-Executive Director6.4yrsAU$205.00k22.15%
A$ 9.4m
6.1yrs
Average Tenure

Experienced Board: VBC's board of directors are considered experienced (6.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/19 12:18
End of Day Share Price 2025/11/19 00:00
Earnings2025/06/30
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Verbrec Limited is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Finola BurkeRaaS Advisory Pty Ltd
Graeme CarsonRaaS Advisory Pty Ltd