How has Andrew Blattman's remuneration changed compared to IPH's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2025	AU$2m	AU$1m	AU$69m
Mar 31 2025	n/a	n/a	AU$73m
Dec 31 2024	n/a	n/a	AU$77m
Sep 30 2024	n/a	n/a	AU$69m
Jun 30 2024	AU$3m	AU$1m	AU$61m
Mar 31 2024	n/a	n/a	AU$59m
Dec 31 2023	n/a	n/a	AU$57m
Sep 30 2023	n/a	n/a	AU$61m
Jun 30 2023	AU$2m	AU$1m	AU$65m
Mar 31 2023	n/a	n/a	AU$61m
Dec 31 2022	n/a	n/a	AU$57m
Sep 30 2022	n/a	n/a	AU$55m
Jun 30 2022	AU$2m	AU$1m	AU$53m
Mar 31 2022	n/a	n/a	AU$52m
Dec 31 2021	n/a	n/a	AU$51m
Sep 30 2021	n/a	n/a	AU$52m
Jun 30 2021	AU$2m	AU$1m	AU$54m
Mar 31 2021	n/a	n/a	AU$54m
Dec 31 2020	n/a	n/a	AU$54m
Sep 30 2020	n/a	n/a	AU$55m
Jun 30 2020	AU$2m	AU$1m	AU$55m
Mar 31 2020	n/a	n/a	AU$55m
Dec 31 2019	n/a	n/a	AU$56m
Sep 30 2019	n/a	n/a	AU$55m
Jun 30 2019	AU$2m	AU$879k	AU$53m

Compensation vs Market: Andrew's total compensation ($USD1.49M) is above average for companies of similar size in the Australian market ($USD957.42K).

Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.

CEO

Andrew Blattman

8yrs

Tenure

AU$2,286,564

Compensation

Dr. Andrew Blattman, BScAgr (Hons 1), PhD, GraDipIP, serves as Managing Director, Chief Executive Officer and Director of IPH Limited since November 20, 2017. Dr. Blattman serves as the Chief Executive Off...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Andrew Blattman	CEO, MD & Director	8yrs	AU$2.29m	0.15% A$ 1.4m
Brendan York	Chief Financial Officer	less than a year	AU$697.21k	no data
Tee Tan	Chief Information Officer	7.8yrs	no data	no data
Tamsyn Hoff	General Manager of Legal (Corporate) & Company Secretary	1.7yrs	no data	no data
Fiona Darlington	Chief People & Communications Officer	2.1yrs	no data	no data
Martin Cole	Managing Director of Capital Markets Communications	no data	no data	no data
Christian Eckelmann	Chief Transformation Officer	less than a year	no data	no data

1.9yrs

Average Tenure

Experienced Management: IPH's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Andrew Blattman	CEO, MD & Director	8yrs	AU$2.29m	0.15% A$ 1.4m
Peter Warne	Non-Executive Chairman	4yrs	AU$330.00k	0.017% A$ 163.3k
John Atkin	Independent Non-Executive Director	11.2yrs	AU$165.00k	0.054% A$ 509.0k
Jingmin Qian	Independent Non-Executive Director	6.6yrs	AU$165.00k	0.0098% A$ 92.3k
David Wiadrowski	Independent Non-executive Director	2yrs	AU$165.00k	0.012% A$ 114.9k
Kate Mason	Non-Executive Director	less than a year	no data	no data
Vicki Carter	Independent Non-Executive Director	3.1yrs	AU$165.00k	0.014% A$ 132.2k
Katharine Mason	Director	less than a year	no data	0.0049% A$ 45.5k

3.5yrs

Average Tenure

66.5yo

Average Age

Experienced Board: IPH's board of directors are considered experienced (3.5 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/19 07:18
End of Day Share Price	2025/11/19 00:00
Earnings	2025/06/30
Annual Earnings	2025/06/30

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

IPH Limited is covered by 12 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Aryan Norozi	Barrenjoey Markets Pty Limited
Conor O’Prey	Canaccord Genuity
Richard Amland	CLSA

IPH Management

Management criteria checks 2/4

Key information

Recent management updates

Shareholders Will Probably Hold Off On Increasing IPH Limited's (ASX:IPH) CEO Compensation For The Time Being

Independent Non-executive Director recently bought AU$94k worth of stock

IPH Limited, Annual General Meeting, Nov 20, 2025

IPH Limited Announces Appointment of Kate Mason as Non-Executive Director, Effective September 1, 2025

IPH Limited Announces Resignation of John Wadley as Chief Financial Officer, Effective 30 June 2025

CEO, MD & Director recently sold AU$457k worth of stock

Recent updates

Shareholders Will Probably Hold Off On Increasing IPH Limited's (ASX:IPH) CEO Compensation For The Time Being

Independent Non-executive Director recently bought AU$94k worth of stock

IPH Limited, Annual General Meeting, Nov 20, 2025

IPH's (ASX:IPH) Solid Earnings May Rest On Weak Foundations

Final dividend of AU$0.20 announced

Price target decreased by 7.5% to AU$5.86

Full year 2025 earnings: EPS misses analyst expectations

IPH Limited Declares Final Dividend for the Fiscal Year 2025, Payable on 23 September 2025

Investor sentiment deteriorates as stock falls 18%

IPH Limited Announces Appointment of Kate Mason as Non-Executive Director, Effective September 1, 2025

IPH Limited to Report Fiscal Year 2025 Results on Aug 21, 2025

IPH Limited Announces Resignation of John Wadley as Chief Financial Officer, Effective 30 June 2025

First half dividend increased to AU$0.17

First half 2025 earnings: EPS and revenues exceed analyst expectations

Canadian Acquisitions Will Expand IP Market Presence And Drive Future Growth

IPH Limited to Report First Half, 2025 Results on Feb 20, 2025

Price target decreased by 7.4% to AU$7.12

There's Reason For Concern Over IPH Limited's (ASX:IPH) Price

CEO, MD & Director recently sold AU$457k worth of stock

IPH Limited, Annual General Meeting, Nov 14, 2024

Price target decreased by 7.1% to AU$7.83

We Think That There Are More Issues For IPH (ASX:IPH) Than Just Sluggish Earnings

Final dividend of AU$0.19 announced

IPH Limited Limited Declares Ordinary Dividend for the Six Months June 30, 2024, Payable on 20 September 2024

IPH Limited has filed a Follow-on Equity Offering in the amount of AUD 100.000005 million.

IPH Limited to Report Fiscal Year 2024 Results on Aug 22, 2024

Subdued Growth No Barrier To IPH Limited's (ASX:IPH) Price

IPH Limited (ASX:IPH) entered into non-binding indicative proposal to acquire QANTM Intellectual Property Limited (ASX:QIP) for AUD 250 million.

Price target decreased by 8.7% to AU$8.58

IPH (ASX:IPH) Has A Pretty Healthy Balance Sheet

IPH Limited Announces Executive Changes

CEO, MD & Director recently sold AU$646k worth of stock

Consensus EPS estimates fall by 18%

First half dividend increased to AU$0.16

First half 2024 earnings: EPS misses analyst expectations

IPH Limited to Report First Half, 2024 Results on Feb 22, 2024

CEO, MD & Director recently sold AU$409k worth of stock

IPH Limited (ASX:IPH) entered into an agreement to acquire ROBIC L.L.P. for CAD 110 million.

IPH Limited Approves Election of Director, David Wiadrowski

Should You Be Adding IPH (ASX:IPH) To Your Watchlist Today?

IPH Limited (ASX:IPH) agreed to acquire Ridout & Maybee LLP for CAD 66 million.

IPH Limited announced that it expects to receive AUD 22.380147 million in funding

Full year 2023 earnings: EPS and revenues exceed analyst expectations

IPH Limited to Report Q4, 2023 Results on Aug 17, 2023

Is IPH (ASX:IPH) A Risky Investment?

A Look At The Fair Value Of IPH Limited (ASX:IPH)

First half 2023 earnings released: EPS: AU$0.13 (vs AU$0.11 in 1H 2022)

IPH Limited to Report First Half, 2023 Results on Feb 16, 2023

Non-Executive Chairman recently bought AU$172k worth of stock

Non-Executive Chairman recently bought AU$178k worth of stock

A Look At The Fair Value Of IPH Limited (ASX:IPH)

IPH Limited (ASX:IPH) completed the acquisition of Smart & Biggar Ip Agency Co. from Smart & Biggar.

IPH Limited Appoints Ms. Vicki Carter as Non-Executive Director, Effective 5 October 2022

Independent Non-Executive Director recently bought AU$75k worth of stock

IPH (ASX:IPH) Has Announced That It Will Be Increasing Its Dividend To A$0.16

Price target increased to AU$10.66

Full year 2022 earnings released: EPS: AU$0.24 (vs AU$0.25 in FY 2021)

IPH Limited, Annual General Meeting, Nov 17, 2022

Investor sentiment improved over the past week

Now 21% undervalued

IPH Limited to Report Fiscal Year 2022 Results on Aug 18, 2022

Anaqua, Inc. completed the acquisition of an unknown majority stake in Practice Insight Pty Ltd. from IPH Limited (ASX:IPH).

Now 20% undervalued

Estimating The Intrinsic Value Of IPH Limited (ASX:IPH)

Anaqua, Inc. has entered into an agreement to acquire an unknown majority stake in Practice Insight Pty Ltd. from IPH Limited (ASX:IPH).

Now 21% undervalued after recent price drop

IPH Limited Announces Board Changes

IPH (ASX:IPH) Has A Pretty Healthy Balance Sheet

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat