xReality Group Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Wayne Jones

Chief executive officer

AU$333.3k

Total compensation

CEO salary percentage	89.3%
CEO tenure	12.6yrs
CEO ownership	5.6%
Management average tenure	5.3yrs
Board average tenure	2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Wayne Jones's remuneration changed compared to xReality Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-AU$2m
Sep 30 2023	n/a	n/a	-AU$2m
Jun 30 2023	AU$333k	AU$298k	-AU$2m
Mar 31 2023	n/a	n/a	-AU$4m
Dec 31 2022	n/a	n/a	-AU$7m
Sep 30 2022	n/a	n/a	-AU$7m
Jun 30 2022	AU$254k	AU$230k	-AU$7m
Dec 31 2021	n/a	n/a	AU$4m
Sep 30 2021	n/a	n/a	AU$4m
Jun 30 2021	AU$222k	AU$197k	AU$4m
Dec 31 2020	n/a	n/a	-AU$3m
Sep 30 2020	n/a	n/a	-AU$3m
Jun 30 2020	AU$211k	AU$187k	-AU$4m
Mar 31 2020	n/a	n/a	-AU$4m
Dec 31 2019	n/a	n/a	-AU$4m
Sep 30 2019	n/a	n/a	-AU$3m
Jun 30 2019	AU$253k	AU$219k	-AU$3m
Mar 31 2019	n/a	n/a	-AU$7m
Dec 31 2018	n/a	n/a	-AU$13m
Sep 30 2018	n/a	n/a	-AU$12m
Jun 30 2018	AU$268k	AU$219k	-AU$12m
Mar 31 2018	n/a	n/a	-AU$5m
Dec 31 2017	n/a	n/a	-AU$341k
Sep 30 2017	n/a	n/a	-AU$616k
Jun 30 2017	AU$289k	AU$209k	-AU$891k

Compensation vs Market: Wayne's total compensation ($USD221.73K) is about average for companies of similar size in the Australian market ($USD299.00K).

Compensation vs Earnings: Wayne's compensation has increased whilst the company is unprofitable.

CEO

Wayne Jones

12.6yrs

Tenure

AU$333,284

Compensation

Mr. Wayne Peter Jones serves as Advisor at Beaten Zone Venture Partners. He serves as the Chief Executive Officer of xReality Group Limited. Mr. Jones served in the Australian Defense Force.He spent as pa...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Wayne Jones	CEO & Executive Director	no data	AU$333.28k	5.62% A$ 1.5m
Stephen Tofler	Company Secretary & CFO	5.3yrs	AU$218.62k	1.03% A$ 278.2k
Kim Hopwood	Executive Director	no data	AU$225.67k	6.58% A$ 1.8m
Fiona Yiend	General Counsel	10.7yrs	AU$164.81k	no data
Will Beaumont	Global Sales Director	1.8yrs	no data	no data

5.3yrs

Average Tenure

Experienced Management: XRG's management team is seasoned and experienced (5.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Wayne Jones	CEO & Executive Director	12.6yrs	AU$333.28k	5.62% A$ 1.5m
Kim Hopwood	Executive Director	3.1yrs	AU$225.67k	6.58% A$ 1.8m
Philip Copeland	Non-Executive Director	1.4yrs	AU$96.96k	1.39% A$ 375.5k
John Diddams	Non-Executive Chairman	2.4yrs	AU$60.00k	1.7% A$ 460.6k
Daniel Hogan	Non-Executive Director	12.6yrs	AU$30.00k	0.83% A$ 225.0k
Mark Smethurst	Non-Executive Director	2.6yrs	AU$30.00k	no data

2.8yrs

Average Tenure

Experienced Board: XRG's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

xReality Group Management

Management criteria checks 2/4

Key information

Recent management updates

CEO & Executive Director recently bought AU$62k worth of stock

No independent directors

xReality Group Limited, Annual General Meeting, Nov 21, 2023

No independent directors

xReality Group Limited Appoints Philip Copeland as Non-Executive Director and Chair of its Newly Formed International Expansion Committee

No independent directors

Recent updates

xReality Group Limited announced that it has received AUD 0.5 million in funding

CEO & Executive Director recently bought AU$62k worth of stock

xReality Group Limited to Report First Half, 2024 Results on Feb 29, 2024

xReality Group Limited to Report First Half, 2024 Results on Feb 29, 2024

No independent directors

New major risk - Market cap size

xReality Group Limited, Annual General Meeting, Nov 21, 2023

xReality Group Limited has completed a Follow-on Equity Offering in the amount of AUD 0.5 million.

Full year 2023 earnings released: AU$0.004 loss per share (vs AU$0.02 loss in FY 2022)

New minor risk - Financial data availability

No independent directors

First half 2023 earnings released: AU$0.002 loss per share (vs AU$0.004 loss in 1H 2022)

xReality Group Limited Appoints Philip Copeland as Non-Executive Director and Chair of its Newly Formed International Expansion Committee

No independent directors

xReality Group Limited, Annual General Meeting, Nov 10, 2022

Full year 2022 earnings released: AU$0.02 loss per share (vs AU$0.012 profit in FY 2021)

Xreality Group Limited Announces Appointment of Will Beaumont as Global Sales Director

xReality Group Limited has completed a Follow-on Equity Offering in the amount of AUD 1.26 million.

No independent directors

xReality Group Limited Launches Operator LE

xReality Group Limited Launches Global Defence Products

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Xreality Group Limited Announces the Upcoming Launch of Freak Entertainment's First In-House Developed Virtual Reality Game

Insider recently sold AU$284k worth of stock

Full year 2021 earnings released: EPS AU$0.012 (vs AU$0.014 loss in FY 2020)

Full year 2021 earnings released: EPS AU$0.012 (vs AU$0.014 loss in FY 2020)

Indoor Skydive Australia Group Limited (ASX:IDZ) completed the acquisition of Red Cartel Pty Ltd.

Indoor Skydive Australia Group Limited (ASX:IDZ) agreed to acquire Red Cartel for for AUD 0.61 million.

Insider recently sold AU$109k worth of stock

Indoor Skydive Australia Group Limited Announces FREAK Operations Update

Insider recently sold AU$466k worth of stock

Full year earnings released - AU$0.014 loss per share

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure