Provaris Energy Management
Management criteria checks 4/4
Provaris Energy's CEO is Martin Randell Carolan, appointed in Jun 2021, has a tenure of 3.5 years. total yearly compensation is A$401.87K, comprised of 83.2% salary and 16.8% bonuses, including company stock and options. directly owns 2.55% of the company’s shares, worth A$315.00K. The average tenure of the management team and the board of directors is 3.5 years and 3.5 years respectively.
Key information
Martin Randell Carolan
Chief executive officer
AU$401.9k
Total compensation
| CEO salary percentage | 83.2% |
| CEO tenure | 3.5yrs |
| CEO ownership | 2.5% |
| Management average tenure | 3.5yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
Here's Why We're Watching Provaris Energy's (ASX:PV1) Cash Burn Situation
Nov 07
Is Provaris Energy (ASX:PV1) In A Good Position To Invest In Growth?
Jul 10Provaris Energy (ASX:PV1) Is In A Good Position To Deliver On Growth Plans
Dec 03Here's Why We're Not Too Worried About Provaris Energy's (ASX:PV1) Cash Burn Situation
Jul 06Global Energy Ventures (ASX:GEV) Is In A Good Position To Deliver On Growth Plans
Mar 06We're Keeping An Eye On Global Energy Ventures' (ASX:GEV) Cash Burn Rate
Aug 15Will Global Energy Ventures (ASX:GEV) Spend Its Cash Wisely?
May 02What We Learned About Global Energy Ventures' (ASX:GEV) CEO Pay
Jan 07
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$402k | AU$334k | -AU$6m |
| Mar 31 2024 | n/a | n/a | -AU$9m |
| Dec 31 2023 | n/a | n/a | -AU$12m |
| Sep 30 2023 | n/a | n/a | -AU$12m |
| Jun 30 2023 | AU$540k | AU$315k | -AU$12m |
| Mar 31 2023 | n/a | n/a | -AU$10m |
| Dec 31 2022 | n/a | n/a | -AU$8m |
| Sep 30 2022 | n/a | n/a | -AU$7m |
| Jun 30 2022 | AU$465k | AU$300k | -AU$7m |
| Mar 31 2022 | n/a | n/a | -AU$6m |
| Dec 31 2021 | n/a | n/a | -AU$4m |
| Sep 30 2021 | n/a | n/a | -AU$4m |
| Jun 30 2021 | AU$268k | AU$228k | -AU$3m |
| Mar 31 2021 | n/a | n/a | -AU$3m |
| Dec 31 2020 | n/a | n/a | -AU$3m |
| Sep 30 2020 | n/a | n/a | -AU$3m |
| Jun 30 2020 | AU$250k | AU$228k | -AU$3m |
| Mar 31 2020 | n/a | n/a | -AU$4m |
| Dec 31 2019 | n/a | n/a | -AU$6m |
| Sep 30 2019 | n/a | n/a | -AU$7m |
| Jun 30 2019 | AU$446k | AU$56k | -AU$9m |
Compensation vs Market: Martin Randell's total compensation ($USD251.34K) is about average for companies of similar size in the Australian market ($USD291.28K).
Compensation vs Earnings: Martin Randell's compensation has been consistent with company performance over the past year.
CEO
Martin Randell Carolan
3.5yrs
Tenure
AU$401,874
Compensation
Mr. Martin Randell John Carolan serves as Managing Director and Chief Executive Officer at Provaris Energy Ltd (formerly known as Global Energy Ventures Ltd.) since June 01, 2021 and also had been Executiv...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 3.5yrs | AU$401.87k | 2.55% A$ 315.0k | |
| Chief Technical Officer | 2.3yrs | AU$356.83k | 0.29% A$ 36.0k | |
| Chief Development Officer & Product Development Director | no data | AU$362.82k | 1.74% A$ 214.9k | |
| Group Financial Controller | no data | no data | no data | |
| Chief Technical of GEV Canada Corporation | no data | no data | no data | |
| Company Secretary | 3.8yrs | no data | no data |
3.5yrs
Average Tenure
Experienced Management: PV1's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 5.7yrs | AU$401.87k | 2.55% A$ 315.0k | |
| Independent Non-Executive Chairman | 2.8yrs | AU$104.40k | 0.66% A$ 81.0k | |
| Independent Non-Executive Director | 3.8yrs | AU$62.70k | 0.58% A$ 71.1k | |
| Independent Non-Executive Director | 3.1yrs | AU$62.70k | 0.59% A$ 72.9k |
3.5yrs
Average Tenure
Experienced Board: PV1'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 | 2024/12/22 06:00 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Provaris Energy Ltd is covered by 3 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.
| Analyst | Institution |
|---|---|
| Andrew Murphy | Edison Investment Research |
| Adam Forsyth | Longspur Clean Energy |
| Max Campbell | Longspur Clean Energy |