DiscovEx Resources Limited

ASX:DCX Stock Report

Market Cap: AU$6.6m

This company is no longer active

The company may no longer be operating, as it may be out of business. Find out why through their latest events.

DiscovEx Resources Management

Management criteria checks 4/4

DiscovEx Resources' CEO is Toby Wellman, appointed in Apr 2021, has a tenure of 3.17 years. total yearly compensation is A$259.90K, comprised of 84.6% salary and 15.4% bonuses, including company stock and options. directly owns 1.11% of the company’s shares, worth A$73.14K. The average tenure of the management team and the board of directors is 3.8 years and 4.5 years respectively.

Key information

Toby Wellman

Chief executive officer

AU$259.9k

Total compensation

CEO salary percentage84.6%
CEO tenure3.2yrs
CEO ownership1.1%
Management average tenure3.8yrs
Board average tenure4.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Toby Wellman's remuneration changed compared to DiscovEx Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-AU$2m

Sep 30 2023n/an/a

-AU$1m

Jun 30 2023AU$260kAU$220k

-AU$629k

Mar 31 2023n/an/a

-AU$489k

Dec 31 2022n/an/a

-AU$349k

Sep 30 2022n/an/a

-AU$859k

Jun 30 2022AU$304kAU$220k

-AU$1m

Dec 31 2021n/an/a

-AU$1m

Sep 30 2021n/an/a

-AU$1m

Jun 30 2021AU$225kAU$189k

-AU$932k

Mar 31 2021n/an/a

-AU$2m

Dec 31 2020n/an/a

-AU$4m

Sep 30 2020n/an/a

-AU$4m

Jun 30 2020AU$260kAU$93k

-AU$5m

Compensation vs Market: Toby's total compensation ($USD171.03K) is below average for companies of similar size in the Australian market ($USD298.19K).

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


CEO

Toby Wellman

3.2yrs

Tenure

AU$259,901

Compensation

Mr. Toby Wellman serves as Managing Director at DiscovEx Resources Limited since April 23, 2021. He serves as Executive Director at DiscovEx Resources Limited since December 01, 2019 and served as its Tech...


Leadership Team

NamePositionTenureCompensationOwnership
Toby Wellman
MD & Executive Director3.2yrsAU$259.90k1.11%
A$ 73.1k
Paul Bridson
Chief Financial Officer11.8yrsAU$109.28kno data
Nerida Schmidt
Company Secretary3.8yrsno datano data

3.8yrs

Average Tenure

Experienced Management: DCX's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Toby Wellman
MD & Executive Director4.5yrsAU$259.90k1.11%
A$ 73.1k
Heath Hellewell
Independent Non-Executive Chairman3.3yrsAU$76.38k3.89%
A$ 257.1k
David Morgan
Non-Executive Director12.3yrsAU$42.10k1.09%
A$ 71.9k
Joshua Welch
Directorno datano data0.45%
A$ 30.0k

4.5yrs

Average Tenure

Experienced Board: DCX's board of directors are considered experienced (4.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/06/08 02:32
End of Day Share Price 2024/03/11 00:00
Earnings2023/12/31
Annual Earnings2023/06/30

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.

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

DiscovEx Resources Limited is covered by 1 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
Peter ChiltonEdison Investment Research