Ardea Resources Management
Management criteria checks 1/4
Ardea Resources' CEO is Andrew Penkethman, appointed in Apr 2019, has a tenure of 5.67 years. total yearly compensation is A$1.68M, comprised of 23.4% salary and 76.6% bonuses, including company stock and options. directly owns 1.44% of the company’s shares, worth A$965.60K. The average tenure of the management team and the board of directors is 4.1 years and 2.9 years respectively.
Key information
Andrew Penkethman
Chief executive officer
AU$1.7m
Total compensation
| CEO salary percentage | 23.4% |
| CEO tenure | 5.7yrs |
| CEO ownership | 1.4% |
| Management average tenure | 4.1yrs |
| Board average tenure | 2.9yrs |
Recent management updates
Recent updates
Ardea Resources (ASX:ARL) Is In A Good Position To Deliver On Growth Plans
Jun 12
Here's Why We're Watching Ardea Resources' (ASX:ARL) Cash Burn Situation
Feb 22We Think Ardea Resources (ASX:ARL) Needs To Drive Business Growth Carefully
Oct 30We're Keeping An Eye On Ardea Resources' (ASX:ARL) Cash Burn Rate
Jul 12Will Ardea Resources (ASX:ARL) Spend Its Cash Wisely?
Mar 28Here's Why We're Not Too Worried About Ardea Resources' (ASX:ARL) Cash Burn Situation
Dec 08Ardea Resources Limited's (ASX:ARL) CEO Will Probably Find It Hard To See A Huge Raise This Year
Nov 22Companies Like Ardea Resources (ASX:ARL) Are In A Position To Invest In Growth
Mar 06CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$2m | AU$391k | -AU$8m |
| Mar 31 2024 | n/a | n/a | -AU$7m |
| Dec 31 2023 | n/a | n/a | -AU$6m |
| Sep 30 2023 | n/a | n/a | -AU$5m |
| Jun 30 2023 | AU$847k | AU$375k | -AU$4m |
| Mar 31 2023 | n/a | n/a | -AU$5m |
| Dec 31 2022 | n/a | n/a | -AU$6m |
| Sep 30 2022 | n/a | n/a | -AU$6m |
| Jun 30 2022 | AU$619k | AU$350k | -AU$5m |
| Mar 31 2022 | n/a | n/a | -AU$4m |
| Dec 31 2021 | n/a | n/a | -AU$2m |
| Sep 30 2021 | n/a | n/a | -AU$2m |
| Jun 30 2021 | AU$441k | AU$297k | -AU$2m |
| 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$2m |
| Jun 30 2020 | AU$381k | AU$268k | -AU$2m |
| Mar 31 2020 | n/a | n/a | -AU$2m |
| Dec 31 2019 | n/a | n/a | -AU$1m |
| Sep 30 2019 | n/a | n/a | -AU$1m |
| Jun 30 2019 | AU$274k | AU$67k | -AU$1m |
Compensation vs Market: Andrew's total compensation ($USD1.04M) is above average for companies of similar size in the Australian market ($USD286.38K).
Compensation vs Earnings: Andrew's compensation has increased whilst the company is unprofitable.
CEO
Andrew Penkethman
5.7yrs
Tenure
AU$1,675,389
Compensation
Mr. Andrew Penkethman, BSc, FAusIMM, MAIG, has been Chief Executive Officer and of Managing Director of Ardea Resources Limited since April 1, 2019 and February 5, 2020 respectively and also serves as its...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 5.7yrs | AU$1.68m | 1.44% A$ 965.6k | |
| Chief Financial Officer | 2.5yrs | AU$517.77k | 0.093% A$ 62.0k | |
| Technical & Executive Director | 7.3yrs | AU$1.07m | 7.22% A$ 4.8m | |
| Company Secretary | 8.2yrs | AU$220.37k | 0.41% A$ 272.6k | |
| KNPL Project Director | 1.8yrs | AU$720.40k | no data | |
| Executive Director | no data | no data | no data |
4.1yrs
Average Tenure
61yo
Average Age
Experienced Management: ARL's management team is considered experienced (4.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | no data | AU$1.68m | 1.44% A$ 965.6k | |
| Technical & Executive Director | 8.3yrs | AU$1.07m | 7.22% A$ 4.8m | |
| Executive Director | no data | no data | no data | |
| Independent Non-Executive Director | 1.4yrs | AU$91.73k | 0.0075% A$ 5.0k | |
| Independent Non-Executive Chair | 4.4yrs | AU$344.56k | 0.49% A$ 330.5k |
2.9yrs
Average Tenure
61yo
Average Age
Experienced Board: ARL's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 09:08 |
| End of Day Share Price | 2024/12/31 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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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Industry and Sector Metrics
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Analyst Sources
Ardea Resources Limited is covered by 0 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.
| Analyst | Institution |
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