Farm Pride Foods Limited

ASX:FRM Stock Report

Market Cap: AU$28.3m

Farm Pride Foods Management

Management criteria checks 1/4

Farm Pride Foods' CEO is Darren Lurie, appointed in Feb 2023, has a tenure of 1.83 years. total yearly compensation is A$595.66K, comprised of 59.8% salary and 40.2% bonuses, including company stock and options. directly owns 9.74% of the company’s shares, worth A$2.75M. The average tenure of the management team and the board of directors is 1.7 years and 1.8 years respectively.

Key information

Darren Lurie

Chief executive officer

AU$595.7k

Total compensation

CEO salary percentage59.8%
CEO tenure1.8yrs
CEO ownership9.7%
Management average tenure1.7yrs
Board average tenure1.8yrs

Recent management updates

Recent updates

Even With A 36% Surge, Cautious Investors Are Not Rewarding Farm Pride Foods Limited's (ASX:FRM) Performance Completely

Sep 02
Even With A 36% Surge, Cautious Investors Are Not Rewarding Farm Pride Foods Limited's (ASX:FRM) Performance Completely

Farm Pride Foods Limited's (ASX:FRM) Revenues Are Not Doing Enough For Some Investors

Jun 06
Farm Pride Foods Limited's (ASX:FRM) Revenues Are Not Doing Enough For Some Investors

Farm Pride Foods (ASX:FRM) Is Doing The Right Things To Multiply Its Share Price

Apr 05
Farm Pride Foods (ASX:FRM) Is Doing The Right Things To Multiply Its Share Price

The Market Doesn't Like What It Sees From Farm Pride Foods Limited's (ASX:FRM) Revenues Yet As Shares Tumble 26%

Feb 01
The Market Doesn't Like What It Sees From Farm Pride Foods Limited's (ASX:FRM) Revenues Yet As Shares Tumble 26%

Is Farm Pride Foods (ASX:FRM) Using Too Much Debt?

Dec 21
Is Farm Pride Foods (ASX:FRM) Using Too Much Debt?

Is Farm Pride Foods (ASX:FRM) Using Debt Sensibly?

Sep 01
Is Farm Pride Foods (ASX:FRM) Using Debt Sensibly?

Is Farm Pride Foods (ASX:FRM) A Risky Investment?

Apr 24
Is Farm Pride Foods (ASX:FRM) A Risky Investment?

Is Farm Pride Foods (ASX:FRM) A Risky Investment?

Jun 13
Is Farm Pride Foods (ASX:FRM) A Risky Investment?

Is Farm Pride Foods (ASX:FRM) Using Debt Sensibly?

Feb 27
Is Farm Pride Foods (ASX:FRM) Using Debt Sensibly?

CEO Compensation Analysis

How has Darren Lurie's remuneration changed compared to Farm Pride Foods's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$596kAU$356k

-AU$2m

Mar 31 2024n/an/a

-AU$2m

Dec 31 2023n/an/a

-AU$3m

Sep 30 2023n/an/a

-AU$6m

Jun 30 2023AU$463kAU$118k

-AU$9m

Compensation vs Market: Darren's total compensation ($USD370.89K) is about average for companies of similar size in the Australian market ($USD290.31K).

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

CEO

Darren Lurie

1.8yrs

Tenure

AU$595,656

Compensation

Mr. Darren Lurie serves as Managing Director and Director at Farm Pride Foods Limited since February 23, 2023. He served as a Principal at Cullen Capital Pty Ltd. Mr. Lurie is an experienced corporate advi...

Leadership Team

NamePositionTenureCompensationOwnership
Darren Lurie
MD & Director1.8yrsAU$595.66k9.74%
A$ 2.8m
Tony Enache
Group Chief Financial Officer1.7yrsAU$217.59kno data
Justin Mouchacca
Company Secretary1.2yrsno datano data

1.7yrs

Average Tenure

Experienced Management: FRM's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Darren Lurie
MD & Director1.8yrsAU$595.66k9.74%
A$ 2.8m
George Palatianos
Non-Executive Chairman1.8yrsAU$70.00k27.18%
A$ 7.7m
Malcolm Ward
Non-Executive Director16.6yrsAU$80.36k2.95%
A$ 835.4k

1.8yrs

Average Tenure

Experienced Board: FRM's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 12:19
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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 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

Farm Pride Foods Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jonathan SnapeBell Potter
Mark TopySelect Equities Pty Ltd